Company: LRHC
Filing Date: 2025-07-11
Form Type: PRE 14C
Source: 0001213900-25-063319
Chunk: 15

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-11
Form: PRE 14C
Chunk 15
---
 the ability to exercise such stock
option or any portion thereof for any length of time. All outstanding performance shares with respect to which the applicable performance
period has not been completed will be paid out as soon as practicable, and all outstanding shares of restricted stock with respect to
which the restrictions have not lapsed will be deemed vested, and all such restrictions shall be deemed lapsed and the restriction period
ended.

Additionally, after the merger
of one or more corporations into the Company, any merger of the Company into another corporation, any consolidation of the Company and
one or more corporations, or any other corporate reorganization of any form involving the Company as a party thereto and involving any
exchange, conversion, adjustment or other modification of the outstanding shares of the common stock, each participant shall, at no additional
cost, be entitled, upon any exercise of such participant’s stock option, to receive, in lieu of the number of shares as to which
such stock option shall then be so exercised, the number and class of shares of stock or other securities or such other property to which
such participant would have been entitled to pursuant to the terms of the agreement of merger or consolidation or reorganization, if at
the time of such merger or consolidation or reorganization, such participant had been a holder of record of a number of shares of common
stock equal to the number of shares as to which such stock option shall then be so exercised.

Modification of Awards.
The Compensation Committee may reprice any stock option without the approval of the stockholders of the Company. For this purpose, “reprice”
means: (i) any of the following or any other action that has the same effect: (A) lowering the exercise price of a stock option after
it is granted, (B) any other action that is treated as a repricing under U.S. generally accepted accounting principles, or (C) cancelling
a stock option at a time when its exercise price exceeds the fair market value of the underlying common stock, in exchange for another
stock option, restricted stock or other equity, unless the cancelation and exchange occur in connection with a merger, acquisition, spin-off
or other similar corporate transaction; and (ii) any other action that is considered to be a repricing under formal or informal guidance
issued by the exchange or market on which the Company’s common stock then trades or is quoted. In addition to, and without limiting
the above, the Compensation Committee may permit the voluntary surrender of all or a portion