Company: FTCI
Filing Date: 2025-07-15
Form Type: PRE 14A
Source: 0001193125-25-159376
Chunk: 32

Company: FTC Solar, Inc.
Filing Date: 2025-07-15
Form: PRE 14A
Chunk 32
---

Affiliates. To accomplish such purposes, the Plan provides that the Company may grant Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Stock Bonuses, Other Stock-Based Awards, Cash Awards or any combination of the
foregoing.

Section 2. Definitions.

For
purposes of the Plan, the following terms shall be defined as set forth below:

(a) “” means the Board, or, if and to the
extent the Board does not administer the Plan, the Committee in accordance with Section 3 hereof.

(b) “” means a Person
that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the Person specified.

(c) “” means any Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, Stock Bonus, Other Stock-Based Award or Cash
Award granted under the Plan.

(d) “” means any written agreement, contract or other instrument or document evidencing an
Award, including through electronic medium, which shall contain such terms and conditions with respect to an Award as the Administrator shall determine, consistent with the Plan. Each Participant who is granted an Award shall enter into an Award
Agreement with the Company, containing such terms and conditions as the Administrator shall determine, in its sole discretion.

(e) “” has the meaning set forth in Section 8(b) hereof.

(f) “” (or any variant thereof) has the meaning
defined in Rule 13d-3 under the Exchange Act.

(g) “” means the Board of Directors of the
Company.

(h) “” means an Award granted pursuant to Section 12 hereof.

(i) “” has the meaning assigned to such term in the Award Agreement or in any individual employment, service or severance agreement with
the Participant or, if any such agreement does not define “,” Cause means (i) the commission of an act of fraud or dishonesty by the Participant in the course of the Participant’s employment or service; (ii) the
indictment of, or conviction of, or entering of a plea of nolo contendere by, the Participant for a crime constituting a felony or in respect of any act of fraud or dishonesty; (iii) the commission of an act by the Participant which would make
the Participant or the Company (including any of its Subsidiaries or Affiliates) subject to being enjoined, suspended, barred or otherwise disciplined for violation of federal