Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 736

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 736
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 result that such employing entity becomes an Affiliate. Any substitute Awards granted under this Plan shall not reduce the number of Ordinary Shares authorized for grant under the Plan. 6.8Prohibition Against Repricing . Except to the extent (i) approved in advance by holders of a majority of the shares of the Company entitled to vote generally in the election of directors, or (ii) as a result of any Change of Control or any Capitalization Adjustment, the Committee shall not have the power or authority to reduce, whether through amendment or otherwise, the exercise price under any outstanding Option, or to grant any new Award or make any payment of cash in substitution for or upon the cancellation of Options previously granted. Article 7. Retention Restricted Share Units 7.1Award . A Retention Restricted Share Unit shall constitute a promise to grant Ordinary Shares (or cash equal to the Fair Market Value of Shares) to the Participant at the end of a specified vesting schedule. At the time a Retention Restricted Share Unit is made, the Committee shall establish the vesting schedule applicable to such Award. Each Retention Restricted Share Unit may have a different vesting schedule, in the discretion of the Committee. A Retention Restricted Share Unit shall not constitute an equity interest in the Company and shall not entitle the Participant to voting rights, dividends or any other rights associated with ownership of Ordinary Shares prior to the time the Participant shall receive a distribution of Ordinary Shares pursuant to Section 7.3. 7.2Terms and Conditions . At the time any Award is made under this Article 7, the Company and the Participant shall enter into a Award Agreement setting forth each of the matters contemplated thereby and such other matters as the Committee may determine to be appropriate. Award Agreement shall set forth the individual service-based vesting requirement which the Participant would be required to satisfy before the Participant would become entitled to distribution pursuant to Section 7.3 and the number of Units awarded to the Participant. Such conditions shall be sufficient to constitute a “substantial risk of forfeiture” as such term is defined under Section 409A. At the time of such Award, the Committee may, in its sole discretion, prescribe additional terms and conditions or restrictions relating to Retention Restricted Share Unit in the Award Agreement, including, but not limited to, rules pertaining to the effect of Termination of Service prior to expiration of the applicable vesting period. The terms and conditions of the respective Award Agreements need not be identical. 7.3Distributions of Ordinary Shares . The Participant of