Company: SNWV
Filing Date: 2025-07-10
Form Type: DEF 14A
Source: 0001140361-25-025486
Chunk: 27

Company: SANUWAVE Health, Inc.
Filing Date: 2025-07-10
Form: DEF 14A
Chunk 27
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 will again be available for issuance under the 2024 Plan. If SARs are exercised, only the number of shares actually issued upon exercise or settlement of such awards will reduce the number of shares available under the 2024 Plan. However, if the number of shares subject to an award is variable on the grant date, the maximum number of shares will be counted against the number of shares available under the 2024 Plan until it can be determined that a lesser number of shares will be issued. Shares applied to pay the exercise price of an option or satisfy withholding taxes related to any award will again become available for issuance under the 2024 Plan. To the extent an award may be settled solely in cash, the award will not reduce the number of shares available for issuance under the 2024 Plan. Awards granted under the 2024 Plan upon the assumption of, or in substitution or exchange for, outstanding equity awards previously granted by a predecessor or an entity acquired by us or any of our subsidiaries will not reduce the share reserve under the 2024 Plan. Shares issued under the 2024 Plan may be authorized but unissued shares or treasury shares. Eligibility Employees (including officers), non-employee directors, and consultants who render services to the Company or any subsidiary (whether now existing or subsequently established) are eligible to receive awards under the 2024 Plan. ISOs may only be granted to employees of the Company or any subsidiary thereof (whether now existing or subsequently established). As of the Record Date, there were approximately 52 employees, four non-employee directors, and an indeterminate number of consultants and advisors, who are eligible to participate in the 2024 Plan. International Participation The Plan Administrator has the authority to implement sub-plans (or otherwise modify applicable grant terms) for purposes of satisfying applicable foreign laws, conforming to applicable market practices, or qualifying for favorable tax treatment under applicable foreign laws, and the terms and conditions applicable to awards granted under any such sub-plan or modified award may differ from the terms of the 2024 Plan. Any shares issued in satisfaction of awards granted under a sub-plan will come from the 2024 Plan share reserve. Repricing The Plan Administrator may not reprice (reduce the exercise price of) options and SARs, or cancel or exchange options and SARs for cash or other equity awards which would constitute a repricing under accounting rules, unless such action has been approved by stockholders in advance. Effect of Termination of Employment or Service Unless otherwise set forth in an applicable agreement