Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 3161

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 10
Chunk 3161
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 regarding accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting policies; and

    ●
    approving reimbursement of expenses incurred by our management team in identifying potential target businesses.

60

Compensation Committee

Our Compensation Committee is
comprised of three individuals, each of whom is an independent director. Mr. Alavi serves as the Chairman of the committee.

The Compensation Committee
acts on behalf of our Board of Directors to fulfill our Board of Directors’ responsibilities in overseeing our compensation policies,
plans and programs; and in reviewing and determining the compensation to be paid to our executive officers and non-employee directors. The
responsibilities of the Compensation Committee are included in its written charter. The Compensation Committee’s responsibilities
include, among others:

    ●
    reviewing, modifying and approving and making recommendations to our Board of Directors regarding our overall compensation strategy and policies, and reviewing, modifying and approving corporate performance goals and objectives relevant to the compensation of our executive officers and other senior management;

    ●
    determining and approving (or, if it deems appropriate, recommending to our Board of Directors for determination and approval) the compensation and terms of employment of our Chief Executive Officer, including seeking to achieve an appropriate level of risk and reward in determining the long-term incentive component of the Chief Executive Officer’s compensation;

    ●
    determining and approving (or, if it deems appropriate, recommending to our Board of Directors for determination and approval) the compensation and terms of employment of our executive officers and other members of senior management;

    ●
    reviewing and approving (or, if it deems appropriate, making recommendations to our Board of Directors regarding) the terms of employment agreements, severance agreements, change-of-control protections and other compensatory arrangements for our executive officers and other senior management;

    ●
    conducting periodic reviews of the base compensation levels of all of our employees generally;

    ●
    reviewing and approving the type and amount of compensation to be paid or awarded to non-employee directors; 

    ●
    reviewing and approving the adoption, amendment and termination of our stock option plans, stock appreciation rights plans, pension and profit sharing plans, incentive plans, stock bonus plans, stock purchase plans, bonus plans, deferred compensation plans, 401(k) plans, supplemental retirement plans and similar programs, if any; and administering all such plans, establishing guidelines, interpreting plan documents, selecting participants, approving grants and awards and exercising such other power and authority as may be