Company: INMB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001213900-25-033742
Chunk: 47

Company: Inmune Bio, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 47
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antee” shall mean any Employee, Non -EmployeeDirector or Key Advisor, as determined by the Committee in its sole discretion. Employee.The term “Employee” means an active employee of the Company or a Subsidiary, but excluding any person who is classified by the Company or a Subsidiary as a “contractor” or “consultant,” no matter how characterized by the Internal Revenue Service, other governmental agency or a court, or any employee who is not actively employed, as determined by the Committee. Any change of characterization of an individual by the Internal Revenue Service or any court or government agency shall have no effect upon the classification of an individual as an Employee for purposes of this Plan, unless the Committee determines otherwise. Fair Market Value.For purposes of determining the “Fair Market Value” of a share of Stock as of any date, the “Fair Market Value” as of that date shall be, unless otherwise determined by the Committee, the closing sale price during regular trading hours of the Stock on the immediately preceding date on the principal securities market in which shares of Stock is then traded; or, if there were no trades on that date, the closing sale price during regular trading hours of the Stock on the first trading day prior to that date. If the Stock is not publicly traded at the time a determination of Fair Market Value is required to be made hereunder, the determination of such amount shall be made by the Committee in such manner as it deems appropriate. Grantee.The term “Grantee” means an Employee, Non -EmployeeDirector or Key Advisor of the Company or a Subsidiary who has been granted an Award under the Plan. ISO.The term “ISO” means any Option intended to be and designated as an incentive stock option within the meaning of Section 422 of the Code. Key Advisor.The term “Key Advisor” means a consultant or other key advisor who performs services for the Company or a Subsidiary. Non -Employee Director.The term “Non -EmployeeDirector” means a member of the Board who is not an Employee. NQSO.The term “NQSO” means any Option that is not designated as an ISO, or which is designated by the Committee as an ISO but which subsequently fails or ceases to qualify as an ISO. Option.The term “Option” means a right, granted to an Eligible Grantee under Section 4.2(i), to purchase shares of Stock. An Option may be either an ISO or an NQSO. Annex A-2 Other Stock -Based