Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 27

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 27
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except for SARs granted in substitution for previously granted awards). The Committee
will determine the maximum term of all SARs granted under the 2025 Plan, but it may not exceed 10 years. The Committee may determine whether
to settle the exercise of a SAR in shares of AppTech Common Shares, cash, or any combination thereof.

Each SAR will vest and become
exercisable (including in the event of the SAR holder’s termination of employment or service under certain circumstances) at such
time and subject to such terms and conditions as determined by the Committee and set forth in the applicable individual SAR agreement.
SARs granted in conjunction with all or part of an option will be exercisable at such times and subject to all of the terms and conditions
applicable to the related option.

Stock Bonuses and Cash Awards

The Committee may issue unrestricted
AppTech Common Stock or other awards denominated in AppTech Common Stock, either alone or in conjunction with other awards, in such amounts
as the Committee determines in its sole discretion from time to time. Each stock bonus award will be evidenced by an award agreement setting
forth the terms and conditions of such awards.

Performance Goals

The Committee may grant equity-based
awards and incentives under the 2025 Plan that are subject to the achievement of performance objectives selected by the Committee in its
sole discretion, including, without limitation, one or more of the following business criteria: (i) net earnings or net income (before
or after taxes); (ii) basic or diluted earnings per share (before or after taxes); (iii) revenue or revenue growth (measured on a net
or gross basis); (iv) gross profit or gross profit growth; (v) operating profit (before or after taxes); (vi) return measures (including,
but not limited to, return on assets, capital, invested capital, equity, or sales); (vii) cash flow (including, but not limited to, operating
cash flow, free cash flow, net cash provided by operations and cash flow return on capital); (viii) financing and other capital raising
transactions (including, but not limited to, sales of AppTech’s equity or debt securities); (ix) earnings before or after taxes,
interest, depreciation and/or amortization; (x) gross or operating margins; (xi) productivity ratios; (xii) share price (including, but
not limited to, growth measures and total shareholder return); (xiii) expense targets; (xiv