Company: KITTW
Filing Date: 2025-09-15
Form Type: PRE 14A
Source: 0001849820-25-000237
Chunk: 102

Company: Nauticus Robotics, Inc.
Filing Date: 2025-09-15
Form: PRE 14A
Chunk 102
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 Investors (as defined in the Securities Purchase Agreement) of all the Conversion Shares is declared effective by the SEC (and each prospectus contained therein is available for use on such date) and (y) the first date on which all of the Conversion Shares are eligible to be resold by the Investors pursuant to Rule 144 (or, if a Current Public Information Failure (as defined in the Securities Purchase Agreement) has occurred and is continuing, such later date after which the Company has cured such Current Public Information Failure)(in each case, without regard to any limitations on exercise herein).

i. “

#### Approved Stock Plan
” means any employee benefit plan or agreement which has been approved by the Board prior to or subsequent to the Subscription Date pursuant to which shares of Common Stock and standard options to purchase Common Stock may be issued to any employee, officer, consultant or director for services provided to the Company in their capacity as such.

j. “

#### Attribution Parties
” means, collectively, the following Persons and entities: (i) any investment vehicle, including, any funds, feeder funds or managed accounts, currently, or from time to time after the Initial Issuance Date, directly or indirectly managed or advised by a Holder’s investment manager or any of its Affiliates or principals, (ii) any direct or indirect Affiliates of such Holder or any of the foregoing, (iii) any Person acting or who could be deemed to be acting as a Group together with such Holder or any of the foregoing and (iv) any other Persons whose beneficial ownership of the Company’s Common Stock would or could be aggregated with such Holder’s and the other Attribution Parties for purposes of Section 13(d) of the 1934 Act. For clarity, the purpose of the foregoing is to subject collectively such Holder and all other Attribution Parties to the Maximum Percentage.

<div align='center'>A-46</div>

### APPENDIX A
k. “

#### Black Scholes Consideration Value
” means the value of the applicable Option, Convertible Security or Adjustment Right (as the case may be) as of the date of issuance thereof calculated using the Black Scholes Option Pricing Model obtained from the “OV” function on Bloomberg utilizing (i) an underlying price per share equal to the Closing Sale Price of the Common Stock on the Trading Day immediately preceding the public announcement of the execution of definitive documents with respect to the issuance of such Option, Convertible Security or Adjustment Right (as the case may be), (ii) a risk-free