Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 70

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 70
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 meaning set forth in Section 4(e) of the Plan.

(v)“Mature Shares” means Common Shares owned by a Participant that are not subject to any pledge or security
interest and that have been either previously acquired by the Participant on the open market or meet such other requirements, if any,
as the Committee may determine are necessary in order to avoid an accounting earnings charge on account of the use of such shares to pay
the Exercise Price or satisfy a tax or deduction obligation of the Participant.

(w)“Non-Qualified Stock Option” means an Option that is not designated by the Committee as an Incentive Stock Option.

(x)“Option”
means an Award granted under Section 7 of the Plan.

(y)“Option Period” has the meaning given such term in Section 7(c) of the Plan.

(z)“Outstanding Company Common Shares” has the meaning given such term in the definition of “Change in Control.”

(aa)“Outstanding Company Voting Securities” has the meaning given such term in the definition of “Change in Control.”

(bb)“Participant”
means an Eligible Person who has been selected by the Committee to participate in the Plan and to receive an Award pursuant to Section 6 of the Plan.

(cc)“Performance Compensation Award” shall mean any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

(dd)“Performance Criteria” shall mean the criterion or criteria that the Committee shall select for purposes of establishing the Performance
Goal(s) for a Performance Period with respect to any Performance Compensation Award under the Plan.

(ee)“Performance Formula” shall mean, for a Performance Period, the one or more formulae applied against the relevant Performance Goal to
determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all,
or none of the Performance Compensation Award has been earned for the Performance Period.

(ff)“Performance Goals” shall mean, for a Performance Period, the one or more goals established by the Committee for the Performance Period
based upon the Performance Criteria.

(gg)“Performance Period” shall mean the one or more periods of time, as the Committee may select, over which the attainment of one or more
Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance Compensation
Award.

(hh)“Permitted Transferee” shall have the meaning set forth in Section 15(b) of the Plan.

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