Company: EHSI
Filing Date: 2025-09-29
Form Type: DEF 14A
Source: 0001437749-25-030001
Chunk: 107

Company: Elite Health Systems Inc.
Filing Date: 2025-09-29
Form: DEF 14A
Chunk 107
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 date, or such other appropriate day as shall be determined by the Committee, in its discretion. 31 (ii) If, on such date, the Stock is not listed on a national or regional securities exchange or market system, the Fair Market Value of a share of Stock shall be as determined by the Committee in good faith without regard to any restriction other than a restriction which, by its terms, will never lapse. (o) “ Incentive Stock Option” means an Option intended to be (as set forth in the Award Agreement) and which qualifies as an incentive stock option within the meaning of Section 422(b) of the Code. If an Option is not specifically designated as an Incentive Stock Option, or if an Option is designated as an Incentive Stock Option but some portion or all of the Option fails to qualify as an Incentive Stock Option under the applicable rules, then the Option (or portion thereof) will be a Nonstatutory Stock Option. (p) “ Nonstatutory Stock Option” means an Option not intended to be (as set forth in the Award Agreement) or not qualifying as an incentive stock option within the meaning of Section 422(b) of the Code. (q) “ Officer” means any person designated by the Board as an officer of the Company. (r) “ Option” means the right to purchase Stock at a stated price for a specified period of time granted to a participant pursuant to Section 6 of the Plan. An Option may be either an Incentive Stock Option or a Nonstatutory Stock Option. (s) “ Parent Corporation” means any present or future “parent corporation” of the Company, as defined in Section 424(e) of the Code. (t) “ Participant” means any eligible person who has been granted one or more Awards. (u) “ Participating Company” means the Company or any Parent Corporation, Subsidiary Corporation or Affiliate. (v) “ Participating Company Group” means, at any point in time, all entities collectively which are then Participating Companies. (w) “ Performance Award” means an Award of Performance Shares or Performance Units. (x) “ Performance Award Formula” means, for an Award, a formula or table established by the Committee, which provides the basis for computing the value of an Award at one or more threshold levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period. (y) “ Performance Goal” means a performance goal established by the