Company: OLP
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001140361-25-013961
Chunk: 53

Company: ONE LIBERTY PROPERTIES INC
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 53
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-off of deferred financing costs, deferred mortgage and debt prepayment costs), |

| • | stock appreciation (meaning an increase in the price or value of the shares after the date of grant of an award and during the applicable period), |

| • | gains and/or losses on property sales, |

| • | revenues, |

| • | assets, |

| • | earnings before any one or more of the following items: interest, taxes, impairment charges, depreciation or amortization for the applicable period, as reflected in our financial reports for the applicable period, |

| • | reduction in expense levels, |

| • | operating cost management and employee productivity, |

| • | strategic business criteria consisting of one or more objectives based on meeting specified revenue, market share, market penetration, geographic business expansion goals, objectively identified project milestones, cost targets and goals relating to acquisition or divestitures, |

| • | achievement of business or operational goals such as market share and/or business development; and |

| • | such other metrics or criteria as the compensation committee may establish or select. |

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TABLE OF CONTENTS The performance goals need not be the same with respect to all participants and may be in the aggregate or on a per share basis (whether diluted or undiluted), may be based on an absolute or relative basis, may be based on our performance compared to the performance of businesses or indices specified by the compensation committee, may be compared to any prior period, may be based on a company-wide basis or in respect of any one or more business units, may be adjusted for non-controlling interests, and any one or more of the foregoing. Amendment and Termination of the Plan No awards may be made under the Plan on or after the tenth anniversary of the Plan’s effective date. Our Board may amend, suspend or terminate the Plan at any time for any reason provided that no amendment, suspension or termination may impair rights or obligations under any outstanding award without the participant’s consent or violate the Plan’s prohibition on repricing ( i.e., the replacing or regranting of an option in connection with the cancellation of the option or by amending an award agreement to lower the exercise price of an option or the cancellation of any award in exchange for cash). The stockholders must approve any amendment: (i) if such approval is required under applicable law or stock exchange requirements; or (ii) that changes the no-repricing provisions of the Plan. Clawbacks; Compliance with Laws; Compliance with REIT Requirements The grant of awards and the issuance