Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2600

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 2600
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 or grant agreement may, but need not, be subject to forfeiture to us or other restrictions
that will lapse in accordance with a vesting schedule to be determined by the Compensation Committee. In the event a recipient’s
employment or service with our Company terminates, any or all of the shares of Common Stock held by such recipient that have not vested
as of the date of termination under the terms of the restricted stock agreement may be forfeited to our Company in accordance with such
restricted stock agreement.

The Compensation Committee
will determine the expiration date of options and other awards granted under the 2022 Plan. The maximum term of options and performance
shares under the 2022 Plan is ten years, except that the maximum term is five years in certain cases.

Adjustments. Upon the
occurrence of: (i) the adoption of a plan of merger or consolidation of the Company with any other corporation or association as a result
of which the holders of the voting capital stock of the Company as a group would receive less than 50% of the voting capital stock of
the surviving or resulting corporation; (ii) the approval by the Board of Directors of an agreement providing for the sale or transfer
(other than as security for obligations of the Company) of substantially all of the assets of the Company; or (iii) in the absence of
a prior expression of approval by the Board of Directors, the acquisition of more than 20% of the Company’s voting capital stock
by any person within the meaning of Rule 13d-3 under the Exchange Act (other than the Company or a person that directly or indirectly
controls, is controlled by, or is under common control with, the Company); and unless otherwise provided in the award agreement with respect
to a particular award, all outstanding stock options will become immediately exercisable in full, subject to any appropriate adjustments,
and will remain exercisable for the remaining option period, regardless of any provision in the related award agreement limiting 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