Company: LRHC
Filing Date: 2025-07-21
Form Type: DEF 14C
Source: 0001213900-25-065863
Chunk: 25

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-21
Form: DEF 14C
Chunk 25
---
 Board, the Board and the stockholders of the Company and effective as of November 19, 2024. All Awards
outstanding as of the Effective Date and all new Awards to be issued under the Plan shall be governed by the Plan. The Plan is hereby
amended and restated effective as of the Effective Date to increase the number of Shares issuable pursuant to Awards.

The Plan permits the grant of Incentive Stock
Options, Non-statutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units, Performance
Shares and other stock or cash awards as the Administrator may determine.

2. Definitions. As used herein, the following definitions will apply:

(a) “Administrator” means the Compensation
Committee of the Board of Directors that will be administering the Plan, in accordance with Section 4 hereof.

(b) “Affiliate” means any corporation
or any other entity (including, but not limited to, partnerships and joint ventures) controlling, controlled by, or under common control
with the Company.

(c) “Applicable Laws” means the requirements
relating to the administration of equity-based awards under U.S. federal and state corporate laws, U.S. federal and state securities laws,
the Code, any stock exchange or quotation system on which the Common Stock is listed or quoted and the applicable laws of any non-U.S.
country or jurisdiction where Awards are, or will be, granted under the Plan.

(d) “Award” means, individually or
collectively, a grant under the Plan of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units,
Performance Shares and other stock or cash awards as the Administrator may determine.

(e) “Award Agreement” means the written
or electronic agreement setting forth the terms and provisions applicable to each Award granted under the Plan. The Award Agreement is
subject to the terms and conditions of the Plan.

(f) “Board” means the Board of Directors
of the Company.

(g) “Change in Control” means the
occurrence of any of the following events:

(i) A change in the ownership of the Company which
occurs on the date that any one person, or more than one person acting as a group (“Person”), acquires ownership of stock
in the Company that, together with the stock already held by such Person, constitutes more than 50% of the total voting power of the stock
of the Company; provided, however, that for purposes of this subsection (i),