Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 25

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 25
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 Plan.

The 2025 Plan permits the
Committee to select the eligible recipients who will receive awards and to determine the terms and conditions of those awards, including
but not limited to the exercise price or other purchase price of an award, the number of shares of AppTech Common Stock or cash or other
property subject to an award, the term of an award and the vesting schedule applicable to an award, and to amend the terms and conditions
of outstanding awards. All decisions made by the Committee pursuant to the provisions of the 2025 Plan will be final, conclusive, and
binding on all persons.

Eligible Participants

Each of the directors, officers,
employees, consultants, and advisors (or prospective directors, officers, employees, consultants, and advisors) of AppTech or any of its
affiliates are eligible to participate in the 2025 Plan, provided that the Committee has selected them to receive awards under the 2025
Plan.

RSUs and Restricted Stock

RSUs and restricted stock
in respect of AppTech Common Stock may be granted under the 2025 Plan. The Committee will determine the purchase price, vesting schedule,
and performance objectives, if any, applicable to the grant of RSUs and restricted stock. If the restrictions, performance objectives,
or other conditions determined by the Committee are not satisfied, the RSUs and restricted stock will be forfeited. Subject to the provisions
of the 2025 Plan and the applicable individual award agreement, the Committee may provide for the lapse of restrictions in installments
or the acceleration or waiver of restrictions (in whole or part) under certain circumstances as set forth in the applicable individual
award agreement, including the attainment of certain performance goals, a participant’s termination of employment or service under
certain circumstances or a participant’s death or disability. The rights of RSU and restricted stockholders upon termination of
employment or service will be set forth in individual award agreements.

Unless the applicable award
agreement provides otherwise, participants with restricted stock will generally have all of the rights of a stockholder during the restricted
period, including the right to vote and receive dividends declared with respect to such restricted stock, provided that any dividends
declared during the restricted period with respect to such restricted stock will only become payable if the underlying restricted stock
vests. During the restricted period, participants with RSUs will generally not have any rights of a stockholder but, if the applicable
individual award agreement so provides, may be credited with dividend equivalent rights