Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 75

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 75
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 Persons or hold them harmless.

| 51 |

(f)Notwithstanding
anything to the contrary contained in the Plan, the Board may, in its sole discretion, at any time and from time to time, grant Awards
and administer the Plan with respect to such Awards. In any such case, the Board shall have all the authority granted to the Committee
under the Plan.

5.Grant of Awards; Shares Subject to the Plan; Limitations.

(a)The Committee may, from time
to time, grant Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Stock Bonus Awards and/or Performance Compensation
Awards to one or more Eligible Persons.

(b)Subject
to Section 12 of the Plan, Awards granted under the Plan shall be subject to the following limitations: (i) the Committee is authorized
to deliver under the Plan an aggregate of 710,296 Common Shares remaining from the previous years plan; and (ii) the maximum number of
Common Shares that may be granted under the Plan during any single fiscal year to any Participant who is a non-employee director, when
taken together with any cash fees paid to such non-employee director during such year in respect of his or her service as a non-employee
director (including service as a member or chair of any committee of the Board), shall not exceed $750,000 in total value (calculating
the value of any such Awards based on the grant date fair value of such Awards for financial reporting purposes); provided that
the non-employee directors who are considered independent (under the rules of The NASDAQ Stock Market or other securities exchange on
which the Common Shares are traded) may make exceptions to this limit for a non-executive chair of the Board, if any, in which case the
non-employee Director receiving such additional compensation may not participate in the decision to award such compensation.

(c)In
the event that (i) any Option or other Award granted hereunder is exercised through the tendering of Common Shares (either actually or
by attestation) or by the withholding of Common Shares by the Company, or (ii) tax or deduction liabilities arising from such Option or
other Award are satisfied by the tendering of Common Shares (either actually or by attestation) or by the withholding of Common Shares
by the Company, then in each such case the Common Shares so tendered or withheld shall be added to the Common Shares available for grant
under the Plan on a one-for-one basis. Shares underlying