Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 284

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 284
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 a collective bargaining agreement shall be an
Eligible Person under the Equity Incentive Plan unless and to the extent that such eligibility is set forth in such collective bargaining
agreement which includes rules regarding equity entitlement or in an agreement or instrument relating thereto. It is anticipated that,
as of the Closing, approximately [●] employees and [●] non- employee directors will be eligible to participate in the Equity
Incentive Plan if selected by the Committee to participate.

RSUs and Restricted Stock

RSUs and restricted
stock in respect of FutureTech Common Stock may be granted under the Equity Incentive Plan. The Committee will determine the purchase
price, vesting schedule and performance objectives, if any, applicable to the grant of RSUs and restricted stock. If the restrictions,
performance objectives or other conditions determined by the Committee are not satisfied, the RSUs and restricted stock will be forfeited.
Subject to the provisions of the Equity Incentive Plan and the applicable individual award agreement, the Committee may provide for the
lapse of restrictions in installments or the acceleration or waiver of restrictions (in whole or part) under certain circumstances as
set forth in the applicable individual award agreement, including the attainment of certain performance goals, a participant’s termination
of employment or service under certain circumstances or a participant’s death or disability. The rights of RSU and restricted stock
holders upon a termination of employment or service will be set forth in individual award agreements.

Unless the applicable
award agreement provides otherwise, participants with restricted stock will generally have all of the rights of a stockholder during the
restricted period, including the right to vote and receive dividends declared with respect to such restricted stock. During the restricted
period, participants with RSUs will generally not have any rights of a stockholder.

Options

Options to acquire shares of FutureTech
Common Stock may be granted under the Equity Incentive Plan.

Options may be in the form of non-qualified
options or “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the
“Code”), as set forth in the applicable individual option award agreement. The maximum number of shares that may be granted
pursuant to options intended to be incentive stock options under the Equity Incentive Plan is [●] (subject to adjustment in accordance
with the terms of the Equity Incentive Plan). The exercise price of all options granted under the Equity Incentive Plan will be determined