Company: IMG
Filing Date: 2025-07-10
Form Type: PRE 14C
Source: 0001641172-25-018470
Chunk: 28

Company: CIMG Inc.
Filing Date: 2025-07-10
Form: PRE 14C
Chunk 28
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 Change of Control resulting in a significant adverse alteration in the status or conditions of Optionee’s participation with     
 the Company or other nature of Optionee’s responsibilities from those in effect prior to such Change of Control, including       
 any significant alteration in Optionee’s responsibilities immediately prior to such Change in Control; and                       |
| (C) | the                                                                                                                              
 failure by the Company to continue to provide Optionee with benefits substantially similar to those enjoyed by Optionee prior to 
 such failure.                                                                                                                    |

Notwithstanding the foregoing, if Good Reason is defined in an employment agreement between the Company and the relevant Optionee, then, with respect to such Optionee, Good Reason shall have the meaning ascribed to it in such employment agreement.

(j) Limit on Value of Incentive Option. The aggregate Fair Market Value, determined as of the date the Incentive Option is granted, of Common Stock for which Incentive Options are exercisable for the first time by any Optionee during any calendar year under the Plan (and/or any other stock option plans of the Company or any Subsidiary) shall not exceed $100,000. Should it be determined that an Incentive Stock Option granted under the Plan exceeds such maximum for any reason other than a failure in good faith to value the Stock subject to such option, the excess portion of such option shall be considered a Nonqualified Option. To the extent the employee holds two (2) or more such Options which become exercisable for the first time in the same calendar year, the foregoing limitation on the exercisability of such Option as Incentive Stock Options under the Federal tax laws shall be applied on the basis of the order in which such Options are granted. If, for any reason, an entire Option does not qualify as an Incentive Stock Option by reason of exceeding such maximum, such Option shall be considered a Nonqualified Option.

| 6. | Terms                               
 and Conditions of Restricted Stock. |

Restricted Stock may be granted under this Plan aside from, or in association with, any other award and shall be subject to the following conditions and shall contain such additional terms and conditions (including provisions relating to the acceleration of vesting of Restricted Stock upon a Change of Control), not inconsistent with the terms of the Plan, as the Administrator shall deem desirable:

(a) Grantee rights. A Grantee shall have no rights to an award of Restricted Stock unless and until Grantee accepts the award within the period prescribed by the Administrator and, if the Administrator shall deem desirable