Company: LRHC
Filing Date: 2025-07-11
Form Type: PRE 14C
Source: 0001213900-25-063319
Chunk: 44

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-11
Form: PRE 14C
Chunk 44
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 outstanding Award will be treated as the
Administrator determines (subject to the provisions of the proceeding paragraph) without a Participant’s consent, including, without
limitation, that (i) Awards will be assumed, or substantially equivalent Awards will be substituted, by the acquiring or succeeding corporation
(the “Successor Corporation”) (or an affiliate thereof) with appropriate adjustments as to the number and kind of shares and
prices; (ii) upon written notice to a Participant, that the Participant’s Awards will terminate upon or immediately prior to
the consummation of such merger or Change in Control; (iii) outstanding Awards will vest and become exercisable, realizable, or payable,
or restrictions applicable to an Award will lapse, in whole or in part prior to or upon consummation of such merger or Change in Control,
and, to the extent the Administrator determines, terminate upon or immediately prior to the effectiveness of such merger or Change in
Control; (iv) (A) the termination of an Award in exchange for an amount of cash and/or property, if any, equal to the amount that
would have been attained upon the exercise of such Award or realization of the Participant’s rights as of the date of the occurrence
of the transaction (and, for the avoidance of doubt, if as of the date of the occurrence of the transaction the Administrator determines
in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant’s rights,
then such Award may be terminated by the Company without payment), or (B) the replacement of such Award with other rights or property
selected by the Administrator in its sole discretion; or (v) any combination of the foregoing. In taking any of the actions permitted
under this subsection (c), the Administrator will not be obligated to treat all Awards, all Awards held by a Participant, or all Awards
of the same type, similarly.

In the event that the Successor Corporation does
not assume or substitute for the Award, the Participant will fully vest in and have the right to exercise all of his or her outstanding
Options and Stock Appreciation Rights, including Shares as to which such Awards would not otherwise be vested or exercisable, all restrictions
on Restricted Stock will lapse, and, with respect to Restricted Stock Units, Performance Shares and Performance Units, all Performance
Goals or other vesting criteria will be deemed achieved at target levels and all other terms and conditions met. In addition, if an Option
or Stock Appreciation Right