Company: LRHC
Filing Date: 2025-07-21
Form Type: DEF 14C
Source: 0001213900-25-065863
Chunk: 32

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-21
Form: DEF 14C
Chunk 32
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 of two (2) or more “outside directors” within the
meaning of Section 162(m) of the Code.

(iii) Rule 16b-3. To the extent desirable to qualify
transactions hereunder as exempt under Rule 16b-3, the transactions contemplated hereunder will be structured to satisfy the requirements
for exemption under Rule 16b-3.

(b) Powers of the Administrator. Subject to the
provisions of the Plan, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator
will have the authority, in its discretion:

(i) to determine the Fair Market Value;

(ii) to select the Service Providers to whom Awards
may be granted hereunder;

(iii) to determine the number of Shares to be
covered by each Award granted hereunder;

(iv) to approve forms of Award Agreements for
use under the Plan;

(v) to determine the terms and conditions, not
inconsistent with the terms of the Plan, of any Award granted hereunder;

(vi) to institute an Exchange Program and to determine
the terms and conditions, not inconsistent with the terms of the Plan, for (1) the surrender or cancellation of outstanding Awards in
exchange for Awards of the same type, Awards of a different type, and/or cash, (2) the transfer of outstanding Awards to a financial institution
or other person or entity, or (3) the reduction of the exercise price of outstanding Awards;

(vii) to construe and interpret the terms of the
Plan and Awards granted pursuant to the Plan;

(viii) to prescribe, amend and rescind rules and
regulations relating to the Plan, including rules and regulations relating to sub-plans established for the purpose of satisfying applicable
foreign laws or for qualifying for favorable tax treatment under applicable foreign laws;

(ix) to modify or amend each Award (subject to
Section 20(c) hereof), including but not limited to the discretionary authority to extend the post-termination exercisability period of
Awards;

(x) to allow Participants to satisfy withholding
tax obligations in a manner described in Section 16 hereof;

(xi) to authorize any person to execute on behalf
of the Company any instrument required to effect the grant of an Award previously granted by the Administrator;

(xii) to allow a Participant to defer the receipt
of the payment