Company: JUNS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001261
Chunk: 317

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 10
Chunk 317
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 $1.33.

 (10)Includes healthcare benefits and 401(k) contribution of $18,646 and $0 respectively, for the fiscal year ended December 31, 2023.

 (11)Includes healthcare benefits and 401(k) contribution of $26,655 and $0
respectively, for the fiscal year ended December 31, 2024.

 (12)During 2023, Mr.
Rosén agreed to defer all salary compensation and to reduce his salary to $48,000 beginning on October 1, 2023. The deferred compensation
is recorded in accrued compensation as of December 31, 2023. No interest was accrued or due on the deferred compensation for 2023.

  On September 29,
2023, Mr. Rosén agreed to forgive $477,382 of earned compensation in exchange for 234,998 options to purchase common stock, 142,316
restricted stock units, and $59,298 to be paid out as a bonus upon an IPO. The options to purchase common stock have a strike price of
$1.33. On December 18, 2023 the restricted stock units issued on September 29, 2023 were cancelled and reissued as part of an additional
forgiveness, whereby, Mr. Rosén agreed to forgive the $59,298 of accrued bonus in exchange for 29,415 options to purchase common
stock and an additional 22,237 restricted stock units (total of 164,553 restricted stock units). The options to purchase common stock
have a strike price of $1.33.

 (13)Includes healthcare benefits and 401(k) contribution of $27,259 and $0
respectively, for the fiscal year ended December 31, 2023.

 (14)Includes healthcare benefits and 401(k) contribution of $42,294 and $0
respectively, for the fiscal year ended December 31, 2024.

 (15)During 2023, Ms. Silva agreed to defer all salary compensation
of salary and to reduce her salary to $60,000 beginning on October 1, 2023. The deferred compensation is recorded in accrued compensation
as of December 31, 2023. No interest was accrued or due on the deferred compensation for 2023.

  On September 29, 2023, Ms. Silva agreed to forgive $317,774
of earned compensation in exchange