Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 3195

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 10
Chunk 3195
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 agent net commission (after splits and fees) (“Contribution for Payment”) on transactions which close in their name to purchase shares of the Company’s Common Stock commencing with transactions closing 30 days after the receipt of the Form of Election by the Company (“Commission Program”). Such Common Stock will be sold to the Participant at a 20% discount from the prior 30 day volume weighted average closing price of the Company’s Common Stock on the Nasdaq Stock Market as of the market trading day on the Purchase Date (as defined below). Shares of Common Stock under the Commission Program shall be purchased on the last trading day of the month during which the closing on the sale of any property from which a Contribution for Payment has been authorized (“Purchase Date”). All shares of Common Stock purchased under the Commission Program will vest immediately in the name of the Participant. Any Participant may cancel his or her participation in the Commission Program by providing email notification of cancellation to the Company not less than 30 calendar days prior to the next scheduled Purchase Date.

Death of Participant.
Any distribution or delivery to be made to Participant under the plan, if Participant is then deceased, will be made to Participant’s
designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate.

Restricted Stock Units.
Each RSU grant under the Third Amended Agent Plan will be evidenced by an agreement that will specify the terms and conditions of the
grant. Upon vesting each one RSU shall automatically convert into one share of Common Stock.

Associated Costs. Participants
are responsible for all associated costs related to ownership of RSUs or underlying shares of Common Stock purchased or granted under
the Third Amended Agent Plan.

No Guarantee of Continued
Service. The vesting of the RSUs pursuant to the vesting schedule described in the plan is earned only by continuing as an agent or
broker through the applicable vesting date(s), which unless provided otherwise under applicable laws is at the will of the applicable
service recipient and not through the act of being hired, being granted the RSU or acquiring shares.

Termination. The Third
Amended Agent Plan is subject to termination at the discretion of the Compensation Committee at any time.

77

Director Compensation

The following table sets forth, for the year ended December 31, 2024
information with respect to the compensation for services in all capacities to us and our subsidiaries earned by our directors, who are
not officers, who served during the year ended December 31, 2024.

Director Compensation

As of