Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 282

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 282
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, officers, employees, consultants
and advisors) of FutureTech and its affiliates can acquire and maintain an equity interest in FutureTech, or be paid incentive compensation,
which may (but need not) be measured by reference to the value of FutureTech Common Stock, thereby strengthening their commitment to the
welfare of FutureTech and its affiliates and aligning their interests with those of FutureTech’s stockholders.

Summary of the Equity Incentive
Plan

Type of Awards

The Equity Incentive
Plan provides for the issuance of stock options (including non-qualified stock options and incentive stock options), stock appreciation
rights (referred to as “SARs”), restricted stock, restricted stock units (referred to as “RSUs”), stock bonuses,
and performance compensation awards, to directors, officers, employees, consultants, and advisors of FutureTech or its affiliates.

Shares of FutureTech Common Stock Available for Issuance

The Equity Incentive
Plan provides for an aggregate number of shares of FutureTech Common Stock to be reserved for future issuance, which will be equal to
10% of FutureTech Common Stock on a fully diluted basis as of the closing of the Business Combination. Shares subject to an award under
the Equity Incentive Plan that are forfeited, cancelled, expire unexercised or are settled in cash under the Equity Incentive Plan will
again become available for awards under the 2025 Plan. Shares of FutureTech Common Stock that are tendered by a participant or withheld
by FutureTech as payment in connection with any award under the Equity Incentive Plan, as well as any shares tendered by a participant
or withheld by FutureTech or any subsidiary thereof to satisfy tax withholding obligations related to any award, will become available
for subsequent awards under the Equity Incentive Plan. Shares, if any, that are tendered by a participant or withheld by FutureTech as
full or partial payment in connection with the exercise of any option or SAR under the Equity Incentive Plan or the payment of any tax
withholding obligation related thereto or not issued by FutureTech in connection with the cash settlement of any SAR will be added to
the aggregate number of shares available for awards under the Equity Incentive Plan. Shares, if any, underlying awards that are granted
in assumption of, or in substitution for, outstanding awards previously granted by an entity acquired by FutureTech or with which FutureTech
combines will not be counted against the aggregate number of shares available for