Company: MITN
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001514281-25-000033
Chunk: 66

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 66
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 calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds $100,000, such Options will be treated as Nonqualified Stock Options. For purposes of this Section 6(a), Incentive Stock Options will be taken into

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account in the order in which they were granted. The Fair Market Value of the shares of Common Stock will be determined as of the time the Options with respect to such shares of Common Stock are granted.

(ii) Repricing and Reload Options Prohibited . Except as provided in Section 11, the Company may not, without obtaining stockholder approval: (i) amend or modify the terms of any outstanding Option or SAR to reduce the exercise price of such outstanding Option or SAR; (ii) cancel, exchange or permit or accept the surrender of any outstanding Option or SAR in exchange for an Option or SAR with an exercise price that is less than the exercise price of the original Option or SAR; or (iii) cancel, exchange or permit or accept the surrender of any outstanding Option or SAR in exchange for any other Award, cash or securities for purposes of repricing such Option or SAR.

6. Eligibility . Participation in this Plan shall be limited to Eligible Persons.

7. Options .

(a) General . Each Option granted under this Plan shall be evidenced by an Award Agreement that specifies the exercise price, the term of the Option, the number of Shares subject to the Option, any exercise restrictions applicable to the Option, and such other terms and conditions as the Committee, in its sole discretion, may determine.

(b) Term of Option . The term of each Option must be stated in the Award Agreement. In the case of an Incentive Stock Option, the term must be ten (10) years from the date of grant or such shorter term as may be provided in the Award Agreement. Moreover, in the case of an Incentive Stock Option granted to a Participant who, at the time the Incentive Stock Option is granted, owns stock representing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Incentive Stock Option must be five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement.

(c) Option Exercise Price and Consideration .

(i) Exercise Price . The exercise price per Common Stock to be issued pursuant to the exercise of an Option is to