Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 66

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 66
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 respect, of a non-competition, non-solicitation, non-disclosure or assignment
of inventions covenant between the Participant and the Company or any of its Affiliates; (F) the Participant’s failure to perform
the Participant’s assigned duties and responsibilities to the reasonable satisfaction of the Company which failure continues, in
the reasonable judgment of the Company, after written notice given to the Participant by the Company; or (G) the use of controlled substances,
illicit drugs, alcohol or other substances or behavior which interferes with the Participant’s ability to perform his or her services
for the Company or any of its Affiliates or which otherwise results in loss, damage or injury to the Company, its goodwill, business or
reputation. Any determination of whether Cause exists shall be made by the Committee in its sole discretion.

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(f)“Change in Control” shall, in the case of a particular Award, unless the applicable Award agreement states otherwise or contains
a different definition of “Change in Control,” be deemed to occur upon:

(i)Any
sale, lease, exchange or other transfer (in one or a series of related transactions) of all or substantially all of the assets of the
Company;

(ii)Any
“Person” as such term is used in Section 13(d) and Section 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) becomes, directly or indirectly, the “beneficial owner” as defined in Rule 13d-3 under the Exchange Act
of securities of the Company that represent more than fifty percent (50%) of the combined voting power of the Company’s then outstanding
voting securities (the “Outstanding Company Voting Securities”); provided, however,
that for purposes of this Section 2(f)(ii), the following acquisitions shall not constitute a Change in Control: (I) any acquisition directly
from the Company principally for bona fide equity financing purposes, (II) any acquisition by the Company, (III) any acquisition by any
employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate, (IV) any acquisition by any corporation
pursuant to a transaction that complies with Sections 2(f)(iv)(A) and 2(f)(iv)(B), (V) any acquisition involving beneficial ownership
of less than fifty percent (50%) of the then-outstanding Common Shares (the “Outstanding Company Common Shares”)
or the Outstanding