Company: LRHC
Filing Date: 2025-07-11
Form Type: PRE 14C
Source: 0001213900-25-063319
Chunk: 40

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-11
Form: PRE 14C
Chunk 40
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 by an Award Agreement that will specify
the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion, will determine.

(d) Earning of Performance Units/Shares. After
the applicable Performance Period has ended, the holder of Performance Units/Shares will be entitled to receive a payout of the number
of Performance Units/Shares earned by the Participant over the Performance Period, to be determined as a function of the extent to which
the corresponding performance objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share,
the Administrator, in its sole discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance
Unit/Share.

(e) Form and Timing of Payment of Performance
Units/Shares. Payment of earned Performance Units/Shares will be made as soon as practicable after the expiration of the applicable Performance
Period. The Administrator, in its sole discretion, may pay earned Performance Units/Shares in the form of cash, in Shares (which have
an aggregate Fair Market Value equal to the value of the earned Performance Units/Shares at the close of the applicable Performance Period)
or in a combination thereof.

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(f) Cancellation of Performance Units/Shares.
On the date set forth in the Award Agreement, all unearned or unvested Performance Units/Shares will be forfeited to the Company, and
again will be available for grant under the Plan.

(g) Section 162(m) Performance Restrictions. For
purposes of qualifying grants of Performance Units/Shares as “performance-based compensation” under Section 162(m) of the
Code, the Administrator, in its discretion, may set restrictions based upon the achievement of Performance Goals. The Performance Goals
will be set by the Administrator on or before the Determination Date. In granting Performance Units/Shares which are intended to qualify
under Section 162(m) of the Code, the Administrator will follow any procedures determined by it from time to time to be necessary or appropriate
to ensure qualification of the Award under Section 162(m) of the Code (e.g., in determining the Performance Goals).

11. Performance-Based Compensation Under Code
Section 162(m).

(a) General. If the Administrator, in its discretion,
decides to grant an Award intended to qualify as “performance-based compensation” under Code Section 162(m), the provisions
of this Section 11 will control over any contrary provision in the Plan; provided, however,