Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 868

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 868
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 of a particular Award, as defined in the Participant’s employment agreement in effect as of the Date of Grant or the applicable Award Agreement.

(v) “ Immediate Family Members” shall have the meaning set forth in Section 14(b)(ii).

(w) “ Incentive Stock Option” means an Option that is designated by the Committee as an incentive stock option as described in Section 422 of the Code and otherwise meets the requirements set forth in the Plan.

(x) “ Indemnifiable Person” shall have the meaning set forth in Section 4(e)of the Plan.

(y) “ 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.

(z) “ Non-Qualified Stock Option” means an Option that is not an Incentive Stock Option.

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

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

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

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

(ee) “ 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 6of the Plan.

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

(gg) “ 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.

(hh) “ 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.

(ii) “ Performance Goals” shall mean, for a Performance Period, the one or more goals established by the Committee