Company: BFRG
Filing Date: 2025-09-16
Form Type: PRE 14A
Source: 0001493152-25-013736
Chunk: 36

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-09-16
Form: PRE 14A
Chunk 36
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 approval.

Clawbacks

The Company has the right to recoup or “claw back” any payment made with respect to an award under the Plan to the extent necessary to comply with applicable federal securities laws.

Other Terms of Awards

Awards may be settled in the form of cash or shares, other awards or a combination in the discretion of the Compensation Committee. Net settlement for the payment of tax obligations or the exercise price, if applicable, is authorized to the extent allowable by law. Awards granted under the Plan generally may not be pledged or otherwise encumbered and are not transferable except by will or by the laws of descent and distribution, or to a designated beneficiary upon the participant’s death, except that the Compensation Committee may, in its discretion, permit transfers for estate planning or other purposes subject to any applicable restrictions under Rule 16b-3.

Impact of a Change in Control

In the case of a Change in Control, unless otherwise provided in an Award Agreement, notwithstanding any provision of the Plan to the contrary:

| ● | All                                                                                           
 outstanding Options and Stock Appreciation Rights shall become immediately exercisable with   
 respect to 100% of the shares subject to such Options or Stock Appreciation Rights, and/or    
 the Restricted Period shall expire immediately with respect to 100% of the outstanding shares 
 of Restricted Stock or Restricted Stock Units.                                                |

| ● | With                                                                                         
 respect to Performance Share Awards and Cash Awards, all Performance Goals or other vesting  
 criteria will be deemed achieved at 100% of target levels and all other terms and conditions 
 will be deemed met.                                                                          |

In addition, in the event of a Change in Control, the Committee may, in its discretion and upon at least 10 days advance notice to the affected persons, cancel any outstanding Awards and pay to the holders thereof, in cash or stock, or any combination thereof, the value of such Awards based upon the price per share of common stock received or to be received by other stockholders of the Company in the event. In the case of any Option or Stock Appreciation Right with an exercise price (or SAR Exercise Price in the case of a Stock Appreciation Right) that equals or exceeds the price paid for a share of common stock in connection with the Change in Control, the Committee may cancel the Option or Stock Appreciation Right without payment of consideration therefor.

The obligations of the Company under the Plan shall be binding upon any successor corporation or organization resulting from the merger, consolidation, or other reorganization of the Company or upon any