Company: NDRA
Filing Date: 2025-10-17
Form Type: PRE 14A
Source: 0001654954-25-011931
Chunk: 49

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-10-17
Form: PRE 14A
Chunk 49
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 share.

| 36 |

| Shares Subject to Outstanding Restricted Stock Unit Awards   
 Shares Subject to Outstanding Stock Options                  
 Weighted Average Remaining Term of Outstanding Stock Options |     |   |   147,169 
       266 
      4.48 |
|:-------------------------------------------------------------|:----|:--|----------:|
| Weighted Average Exercise Price of Outstanding Stock Options |     | $ | 26,594.61 |
| Shares Relating to Outstanding Full-Value Awards             |     |   |   147,169 |
| Shares Remaining Available for Issuance under the 2016 Plan  |     |   |    32,336 |

Material Features of 2016 Plan, as Amended by the 2016 Plan Amendment

The material terms of the 2016 Plan, as amended by the 2016 Plan Amendment, are summarized below. This summary of the 2016 Plan is not intended to be a complete description of the plan, as amended by the 2016 Plan Amendment, and is qualified in its entirety by the terms of the 2016 Plan. The proposed changes to the 2016 Plan as a result of the 2016 Plan Amendment are set forth in Appendix B.

Purpose

The 2016 Plan is intended to enhance the ability of the Company and its affiliates to attract and retain highly qualified officers, non-employee directors, employees, consultants and advisors. To this end, the 2016 Plan provides for the grant of stock options, SARs, restricted stock, RSUs, unrestricted stock, other share-based awards and cash awards. Any of these awards may, but need not, be made as performance incentives to reward attainment of performance goals in accordance with the terms hereof.

Administration

The Board will have such powers and authorities related to the administration of the 2016 Plan as are consistent with the Company’s certificate of incorporation and bylaws and applicable law. The Board will have the power and authority to delegate its responsibilities under the 2016 Plan to the Compensation Committee, which will have full authority to act in accordance with its charter, and with respect to the power and authority of the Board to act under the 2016 Plan, all references to the Board will be deemed to include a reference to the Compensation Committee, unless such power or authority is specifically reserved by the Board. Except as specifically provided in the 2016 Plan or as otherwise may be required by applicable law, the Board will have full power and authority to take all actions and to