Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 83

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 83
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 shares of Restricted Stock that have not then been forfeited and with respect to which the Restricted Period has expired
(rounded down to the nearest full share). Dividends, if any, that may have been withheld by the Committee and attributable to any particular
share of Restricted Stock shall be distributed to the Committee and attributable to any particular share of Restricted Stock shall be
distributed to the Participant in cash or, at the sole discretion of the Committee, in Common Shares having a fair market value equal
to the amount of such dividends, upon the release of restrictions on such share and, if such share is forfeited, the Participant shall
have no right to such dividends (except as otherwise set forth by the Committee in the applicable Award agreement).

(ii)Unless
otherwise provided by the Committee in an Award agreement, upon the expiration of the Restricted Period with respect to any outstanding
Restricted Stock Units, the Company shall deliver to the Participant, or his beneficiary, without charge, one (1) Common Share for each
such outstanding Restricted Stock Unit; provided, however, that the Committee may, in its sole discretion, elect
to (i) pay cash or part cash and part Common Share in lieu of delivering only Common Shares in respect of such Restricted Stock Units
or (ii) defer the delivery of Common Shares (or cash or part Common Shares and part cash, as the case may be) beyond the expiration of
the Restricted Period if such delivery would result in a violation of applicable law until such time as is no longer the case. If a cash
payment is made in lieu of delivering Common Shares, the amount of such payment shall be equal to the fair market value of the Common
Shares as of the date on which the Restricted Period lapsed with respect to such Restricted Stock Units, less an amount equal to any taxes
required to be withheld or paid.

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10.Stock Bonus Awards. The Committee may issue unrestricted Common Shares or other Awards denominated in Common Shares under the Plan to
Eligible Persons, either alone or in tandem with other awards, in such amounts as the Committee determines from time to time in its sole
discretion. Each Stock Bonus Award granted under the Plan shall be evidenced by an Award Agreement (whether in paper or electronic medium
(including email or the posting on a website maintained by the Company or a third party under contract with the Company)). Each Stock
Bonus Award so granted shall be subject to such conditions not inconsistent with the Plan as may be reflected in the applicable Award
ag