Company: BTBT
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001213900-25-030356
Chunk: 49

Company: Bit Digital, Inc
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 49
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, internet or other non-paper means for the acceptance thereof and actions thereunder by the Grantee. 2.4“ Board ” means the Board of Directors of the Company, from time to time. 2.5“ Bonus Shares ” means Shares that are awarded to a Grantee with or without cost and without restrictions either in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise), as an inducement to become an Eligible Person or, with the consent of the Grantee, as payment in lieu of any cash remuneration otherwise payable to the Grantee. 2.6“ Cause ” means, except as otherwise defined in an Award Agreement: (a)the commission of any act by a Grantee constituting a felony or crime of moral turpitude (or their equivalent in a non-United States jurisdiction); Annex A-1 (b)an act of dishonesty, fraud, intentional misrepresentation, or harassment which, as determined in good faith by the Committee, would: (i) materially adversely affect the business or the reputation of the Company or any of its Subsidiaries with their respective current or prospective customers, suppliers, lenders and/or other third parties with whom such entity does or might do business; or (ii) expose the Company or any of its Subsidiaries to a risk of civil or criminal legal damages, liabilities or penalties; (c)any material misconduct in violation of the Company’s or a Subsidiary’s written policies; or (d)willful and deliberate non-performance of the Grantee’s duties in connection with the business affairs of the Company or its Subsidiaries; provided, however, that if the Grantee has a written employment or consulting agreement with the Company or any of its Subsidiaries or participates in any severance plan established by the Company applicable to Awards granted to the Grantee under the Plan that includes a definition of “cause” (or a substantially equivalent term), then Cause shall have the meaning set forth in such employment or consulting agreement or severance plan. 2.7“ CEO ” means the Chief Executive Officer of the Company or any other named executive officer. 2.8“ Code ” means the Internal Revenue Code of 1986, as amended from time to time. References to a particular section of the Code include references to regulations and rulings thereunder and to successor provisions. 2.9“ Committee ” has the meaning set forth in Section 3.1.