Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 98

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 98
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 it is a “separation from service” within the
meaning of Code Section 409A, and references in the Plan and any Award agreement to “termination of service” or similar terms
shall mean a “separation from service.” If any Award is or becomes subject to Code Section 409A, unless the applicable Award
agreement provides otherwise, such Award shall be payable upon the Participant’s “separation from service” within the
meaning of Code Section 409A. If any Award is or becomes subject to Code Section 409A and if payment of such Award would be accelerated
or otherwise triggered under a Change in Control, then the definition of Change in Control shall be deemed modified, only to the extent
necessary to avoid the imposition of an excise tax under Code Section 409A, to mean a “change in control event” as such term
is defined for purposes of Code Section 409A.

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(iii)Any
adjustments made pursuant to Section 12 to Awards that are subject to Code Section 409A shall be made in compliance with the requirements
of Code Section 409A, and any adjustments made pursuant to Section 12 to Awards that are not subject to Code Section 409A shall
be made in such a manner as to ensure that after such adjustment, the Awards either (x) continue not to be subject to Code Section 409A
or (y) comply with the requirements of Code Section 409A.

(s)Expenses; Gender; Titles and Headings. The expenses of administering the Plan shall be borne by the Company and its Affiliates. Masculine
pronouns and other words of masculine gender shall refer to both men and women. The titles and headings of the sections in the Plan are
for convenience of reference only, and in the event of any conflict, the text of the Plan, rather than such titles or headings shall control.

(t)Other Agreements. Notwithstanding the above, the Committee may require, as a condition to the grant of and/or the receipt of Common
Shares or other securities under an Award, that the Participant execute lock-up, shareholder or other agreements, as it may determine
in its sole and absolute discretion.

(u)Payments.Participants shall be required to pay, to the extent required by applicable law, any amounts required to receive Common Shares or
other securities under any Award made under the Plan.

(v)Erroneously Awarded Compensation. All Awards shall be subject (including on a retro