Company: MIRA
Filing Date: 2025-08-08
Form Type: DEFM14A
Source: 0001641172-25-022816
Chunk: 111

Company: MIRA PHARMACEUTICALS, INC.
Filing Date: 2025-08-08
Form: DEFM14A
Chunk 111
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 vest in full or be deemed earned in full.                                                                                 |

If the purchaser, successor, or surviving entity does not assume the awards or issue replacement awards, then immediately prior to the change of control date, unless the Administrator otherwise determines:

| ● | Each                                                                                                                                      
 stock option or SAR then held by a participant will become immediately and fully vested, and all stock options and SARs will be cancelled 
 on the change of control date in exchange for a cash payment equal to the excess of the change of control price of the shares of          
 common stock over the purchase or grant price of such shares under the award.                                                             |
| ● | Unvested                                                                                                                                  
 restricted stock and RSUs (that are not performance awards) will vest in full.                                                            |
| ● | All                                                                                                                                       
 performance shares, performance units and cash incentive awards for which the performance period has expired will be paid based on        
 actual performance, and all such awards for which the performance period has not expired will be cancelled in exchange for a cash         
 payment equal to the amount that would have been due under such awards, valued assuming achievement of target performance goals at        
 the time of the change of control, prorated based on the number of full months elapsed in the performance period.                         |
| ● | All                                                                                                                                       
 unvested dividend equivalent units will vest (to the same extent as the award granted in tandem with such units) and be paid.             |
| ● | All                                                                                                                                       
 other unvested awards will vest and any amounts payable will be paid in cash.                                                             |

Term of Plan

Unless earlier terminated by our board of directors, the Plan will terminate on, and no further awards may be granted, after the tenth (10 th) anniversary of its effective date.

Termination and Amendment of Plan

Our board of directors or the Administrator may amend, alter, suspend, discontinue, or terminate the Plan at any time, subject to the following limitations:

| ● | Our                                                                                                                               
 board of directors must approve any amendment to the Plan if we determine such approval is required by prior action of our board  
 of directors, applicable corporate law, or any other applicable law;                                                              |
| ● | Stockholders                                                                                                                      
 must approve any amendment to the Plan, which may include an amendment to materially increase the number of shares reserved under 
 the Plan, if we determine that such approval is required by Section 16 of the Exchange Act, the Code, the listing requirements of 
 any principal securities exchange or market on which the shares are then traded,