Company: OMQS
Filing Date: 2025-09-04
Form Type: DEF 14A
Source: 0001493152-25-012645
Chunk: 33

Company: OMNIQ Corp.
Filing Date: 2025-09-04
Form: DEF 14A
Chunk 33
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 of each share of Common Stock purchasable under a Nonqualified Option shall not be         
 less than 100% of the Fair Market Value of such share of Common Stock on the date the Option     
 is granted. The exercise price for each Option shall be subject to adjustment as provided        
 in Section 8 below. “Fair Market Value” means the closing price on the                           
 final trading day immediately prior to the grant date of the Common Stock on the Nasdaq Capital  
 Market, LLC or other principal securities exchange on which shares of Common Stock are listed    
 (if the shares of Common Stock are so listed), or, if not so listed, the mean between the        
 closing bid and asked prices of publicly traded shares of Common Stock in the over the counter   
 market, or, if such bid and asked prices shall not be available, as reported by any nationally   
 recognized quotation service selected by the Company, or as determined by the Committee in       
 a manner consistent with the provisions of the Code. Anything in this Section 5(a) to the        
 contrary notwithstanding, in no event shall the purchase price of a share of Common Stock        
 be less than the minimum price permitted under the rules and policies of any national securities 
 exchange on which the shares of Common Stock are listed.                                         |
| (b) | Option                                                                                           
 Term. The term of each Option shall be fixed by the Committee, but no Option shall be            
 exercisable more than ten years after the date such Option is granted and in the case of         
 an Incentive Option granted to an Optionee who, at the time such Incentive Option is granted,    
 owns (within the meaning of Section 424(d) of the Code) more than 10% of the total combined      
 voting power of all classes of stock of the Company or of any Subsidiary, no such Incentive      
 Option shall be exercisable more than five years after the date such Incentive Option is         
 granted.                                                                                         |

| 25 |

(c) Exercisability. Subject to Section 5(j) hereof, Options shall be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee at the time of grant; provided, however, that in the absence of any Option vesting periods designated by the Committee at the time of grant, Options shall vest and become exercisable as to one-third of the total number of shares subject to the Option on each of the first, second and third anniversaries of the date