Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 52

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 52
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 401(k) plan, in each case on the same basis as other employees,
subject to applicable law, should such benefits exist. We also provide vacation and other paid holidays to all employees, including our
executive officers, comparable to those provided at peer companies. At this time, we do not provide special benefits or other perquisites
to our executive officers.

Policies Regarding Recovery of Awards

Our Board of Directors has
not adopted a policy requiring us to make retroactive adjustments to any cash or equity-based incentive compensation paid to executive
officers (or others) where the payment was predicated upon the achievement of financial results that were subsequently the subject of
a restatement. However, we may implement a clawback policy in accordance with the requirements of the Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010 (the “Dodd-Frank Act”) and the regulations that will be issued under that act.

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Tax and Accounting Treatment of Compensation

Section 162(m) of the Internal
Revenue Code places a limit of $1.0 million per person on the amount of compensation that we may deduct in any one year with respect to
our Chief Executive Officer and certain of our other executive officers. While the Board of Directors considers deductibility factors
when making compensation decisions, the board also looks at other considerations, such as providing our executive officers with competitive
and adequate incentives to remain with us and increase our business operations, financial performance, and prospects as rewarding extraordinary
contributions. No compensation to named executive officers exceeded this threshold in 2024.

We account for equity compensation
paid to our employees under the rules of FASB ASC Topic 718, which requires us to estimate and record an expense for each award of equity
compensation over the service period of the award. Accounting rules also require us to record cash compensation as an expense at the time
the obligation is accrued. We have not tailored our executive compensation program to achieve particular accounting results.

Policies on Ownership, Insider Trading, Hedging, and 10b5-1 Plans

AppTech has a formal Insider
Trading Policy that the Board of Directors adopted on May 18, 2022. The policy can be found at https://apptechcorp.com/investor-relations/.
This policy has been designed to prevent insider trading and any allegations of insider trading.

Our insider trading policy
prohibits our Executive Officers’ actions relating to buying and selling our common stock. Our executive officers are authorized