Company: JUNS
Filing Date: 2025-11-26
Form Type: S-1
Source: 0001493152-25-025204
Chunk: 198

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-26
Form: S-1
Chunk 198
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 remain exercisable for three months following the termination of service.
However, in no event may a stock appreciation right be exercised later than the expiration of its term. Subject to the provisions of the
2023 Plan, the administrator determines the other terms of stock appreciation rights, including when such rights become exercisable and
whether to pay any increased appreciation in cash or with shares of the Company’s common stock, or a combination thereof, except
that the per share exercise price for the shares to be issued pursuant to the exercise of a stock appreciation right will be no less than
100% of the fair market value per share on the date of grant.

Restricted Stock

Restricted stock may be granted under the 2023
Plan. Restricted stock awards are grants of shares of the Company’s common stock that vest in accordance with terms and conditions
established by the administrator. The administrator will determine the number of shares of restricted stock granted to any employee, director
or consultant and, subject to the provisions of the 2023 Plan, will determine the terms and conditions of such awards. The administrator
may impose whatever conditions to vesting it determines to be appropriate (for example, the administrator may set restrictions based on
the achievement of specific performance goals or continued service to the Company); provided, however, that the administrator, in its
sole discretion, may accelerate the time at which any restrictions will lapse or be removed. Recipients of restricted stock awards generally
will have voting and dividend rights with respect to such shares upon grant without regard to vesting, unless the administrator provides
otherwise. Shares of restricted stock that do not vest are subject to the Company’s right of repurchase or forfeiture.

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Restricted Stock Units

RSUs may be granted under the 2023 Plan. RSUs
are bookkeeping entries representing an amount equal to the fair market value of one share of the Company’s common stock. Subject
to the provisions of the 2023 Plan, the administrator determines the terms and conditions of RSUs, including the vesting criteria and
the form and timing of payment. The administrator may set vesting criteria based upon the achievement of Company-wide, divisional, business
unit or individual goals (including continued employment or service), applicable federal or state securities laws or any other basis determined
by the administrator in its discretion. The administrator, in its sole discretion, may pay earned RSUs in the form of cash, in shares
of the Company’s common stock or in some combination thereof. Notwithstanding the foregoing,