Company: INMB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001213900-25-033742
Chunk: 17

Company: Inmune Bio, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 17
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 Board of Directors who are non -employee 12 directors within the meaning of Rule 16b -3and are outside directors within the meaning of Internal Revenue Code Section 162(m) (“Section 162(m)”). Unless otherwise determined by the compensation committee of the Board of Directors shall be designated as the “Committee.” Eligibility.Awards may be granted pursuant to the Second Amended and Restated 2021 Plan only to persons who are eligible persons. Under the Second Amended and Restated 2021 Plan, “Eligible Persons” are all employees, non -employeedirectors, consultants and other key advisors who provide services to the Company (or any subsidiary of the Company) who are eligible under the Second Amended and Restated 2021 Plan. Awards.Pursuant to the terms of the Second Amended and Restated 2021 Plan, an “Award” shall include any award or benefit granted under the Second Amended and Restated 2021 Plan, including but not limited to, Options (as defined below), Stock Appreciation Rights (as defined below), Restricted Stock (as defined below), Restricted Stock Units (as defined below), other stock -basedawards and cash based Awards, each such term defined herein. Each Award shall be evidenced by an award agreement containing such terms and conditions applicable to such Award as the Committee shall determine. Options.The term “Option” means a right to purchase shares of common stock. An Option may be either any Option intended to be and designated as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code (“ISO”) or any Option that is not designated as an ISO, or which is designated by the Committee as an ISO but which subsequently fails or ceases to qualify as an ISO (“NQSO”). The award agreement evidencing an Option shall designate the Option as either an ISO or an NQSO, as determined in the discretion of the Committee. At the time of the grant of Options, the Committee may place restrictions on the exercisability or vesting of Options that shall lapse, in whole or in part, upon the attainment of performance goals; provided that such performance goals shall relate to periods of performance of at least one fiscal year. Restricted Stock.The term “Restricted Stock” means an Award of shares of common stock that may be subject to certain restrictions and to a risk of forfeiture. Stock issued upon the exercise of Options or SARs is not “Restricted Stock” for purposes of the plan, even if subject to post -