Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 729

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 729
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 if on any Determination Date, the total number of Ordinary Shares include Ordinary Shares issued during the calendar year in which such Determination Date occurs upon conversion of convertible preferred shares in the Company’s share capital (such Ordinary Shares, the “Conversion Shares”), then on the next following January 1, the aggregate number of Ordinary Shares will automatically increase in an amount equal to the greater of (i) 5% of the total number of Ordinary Shares outstanding on the Determination Date and (ii) 10% of the total number of such Conversion Shares; and provided further, however, that (i) the Board may act prior to January 1st of a given year to provide that the increase for such year will be a lesser number of Ordinary Shares and (ii) the aggregate number of Ordinary Shares that may be acquired pursuant to Awards may never exceed the number of Ordinary Shares for which the Board has been granted the authority to issue Ordinary Shares in accordance with Dutch law. 4.2 Aggregate Incentive Stock Option Limit. Notwithstanding anything to the contrary in Section 4.1, and subject to any Capitalization Adjustment, the aggregate number of Ordinary Shares that may be issued pursuant to the exercise of Incentive Stock Options is [•]shares. 4.3 Share Reserve Operation . (a) Actions that Do Not Reduce Share Reserve . The following actions do not reduce the number of shares subject to the Share Reserve and available for Participants to acquire under the Plan: (i) the expiration or termination of any portion of an Award without the shares covered by such portion of the Award having been acquired; (ii) the settlement of any portion of an Award in cash; or (iii) the withholding of shares that would otherwise be issued and/or transferred by the Company to satisfy Annex G-7 a tax withholding obligation in connection with an Award. Shares may be issued and/or transferred in connection with a merger or acquisition, and such issuance and/or transfer of shares will not reduce the number of shares available for issuance and/or transfer under the Plan. (b) Reversion of Previously Issued and/or Transferred Ordinary Shares to Share Reserve . The following Ordinary Shares previously acquired pursuant to an Award and accordingly initially deducted from the Share Reserve will be added back to the Share Reserve and again become available for Participants to acquire under the Plan: (i) any shares that are forfeited back to or repurchased by the Company because of a failure to meet a contingency or condition required for the vesting of such shares; (ii) any shares