Company: OMQS
Filing Date: 2025-08-22
Form Type: PRE 14A
Source: 0001641172-25-025256
Chunk: 35

Company: OMNIQ Corp.
Filing Date: 2025-08-22
Form: PRE 14A
Chunk 35
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, Change of Control shall have the meaning ascribed to it in such employment agreement.

For purposes of this Section 5(c), ownership of voting securities shall take into account and shall include ownership as determined by applying the provisions of Rule 13d-3(d)(I)(i) (as in effect on the date hereof) under the Exchange Act. In addition, for such purposes, “Person” shall have the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used in Sections 13(d) and 14(d) thereof; provided, however, that a Person shall not include (A) the Company or any of its Subsidiaries; (B) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any of its Subsidiaries; (C) an underwriter temporarily holding securities pursuant to an offering of such securities; or (D) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportion as their ownership of stock of the Company.

| (c) | Method                                                                                           
 of Exercise. Options to the extent then exercisable may be exercised in whole or in part         
 at any time during the option period, by giving written notice to the Company specifying         
 the number of shares of Common Stock to be purchased, accompanied by payment in full of the      
 purchase price, in cash, or by check or such other instrument as may be acceptable to the        
 Committee. As determined by the Committee, in its sole discretion, at or after grant, payment    
 in full or in part may be made at the election of the Optionee (i) in the form of Common         
 Stock owned by the Optionee (based on the Fair Market Value of the Common Stock which is         
 not the subject of any pledge or security interest, (ii) in the form of shares of Common         
 Stock withheld by the Company from the shares of Common Stock otherwise to be received with      
 such withheld shares of Common Stock having a Fair Market Value equal to the exercise price      
 of the Option, or (iii) by a combination of the foregoing, such Fair Market Value determined     
 by applying the principles set forth in Section 5(a), provided that the combined value of        
 all cash and cash equivalents and the Fair Market Value of any shares surrendered to the         
 Company is at least equal to such exercise price and except with respect to (ii) above, such     
 method of payment will not cause a disqualifying disposition of