Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 301

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 301
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 Incentive Award Plan. The plan administrator has full authority to take all actions and to make all determinations required or provided for under the Incentive Award Plan and any award granted thereunder. The plan administrator also has full authority to determine who may receive awards under the Incentive Award Plan, the type, terms, and conditions of an award, the number of shares of New Fold Common Stock subject to the award or to which an award relates, and to make any other determination and take any other action that the plan administrator deems necessary or desirable for the administration of the Incentive Award Plan. Share Reserve.The aggregate number of shares of New Fold Common Stock that may be issued pursuant to awards granted under the Incentive Award Plan will be the sum of: (i) [•]% of the fully -dilutedshares of New Fold Common Stock as of the Closing; (ii) any shares which remain available for issuance under the 2019 Plan as of the Closing; (iii) any shares which are subject to awards under the 2019 Plan as of the Closing and which, following the Closing, become available for grant under the Incentive Award Plan (as further described below); and (iv) an annual increase on January 1 of each calendar year (commencing with January 1, 2026 and ending on and including January 1, 2035) equal to a number of shares equal to [•]% of the aggregate shares of New Fold Common Stock outstanding as of December 31 of the immediately preceding calendar year (or such lesser number of shares as is determined by the New Fold Board), subject to adjustment by the plan administrator in the event of certain changes in New Fold’s corporate structure, as described below. The maximum number of shares that may be issued pursuant to the exercise of incentive stock options (“ ISOs”), under the Incentive Award Plan will be [•] shares of New Fold Common Stock. If an award (or part of an award) under the Incentive Award Plan or the 2019 Plan expires, lapses or is terminated, exchanged for or settled in cash, surrendered, repurchased, cancelled without having been fully exercised/settled or forfeited, in any case, in a manner that results in New Fold acquiring the shares covered by the award (at a price no greater than the price paid by the participant for such shares) or that results in New Fold not issuing shares under the award, any unused shares subject to such award will, as applicable