Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 100

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 100
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 or other service other than for Cause, Options that are exercisable on
the date of termination may not terminate prior to the earlier to occur of the Option expiration date or thirty (30) days from termination
(six (6) months if termination is due to death or disability).

2. Notwithstanding
anything to the contrary in the Plan, no Option Award may be exercisable on or after the tenth (10) anniversary of the grant
date and any Award Agreement shall terminate on or before the tenth (10) anniversary of the grant date.

3. Options
granted under the Plan shall be non-transferable other than by will, by the laws of descent and distribution, to a revocable trust or
as permitted by Rule 701 of the Securities.

4. Notwithstanding
anything to the contrary in the Plan dealing with capital adjustments, the Board shall in any event make such adjustments as may be required
by Section 25102(o).

5. The
Company shall furnish summary financial information (audited or unaudited) of the Company’s financial condition and results of operations,
consistent with the requirements of applicable laws, at least annually to each California Participant during the period such Participant
has one or more Awards outstanding, and in the case of an individual who acquired shares of Common Stock pursuant to the Plan, during
the period such Participant owns such shares of Common Stock; provided, however, the Company shall not be required to provide such information
if (a) the issuance is limited to key persons whose duties in connection with the Company assure their access to equivalent information
or (b) the Plan complies with all conditions of Rule 701 of the Securities Act; provided that for purposes of determining such compliance,
any registered domestic partner shall be considered a “family member” as that term is defined in Rule 701.

6. The
Plan must be approved by a majority of the outstanding securities entitled to vote by the later of (a) within twelve (12) months before
or after the date the Plan is adopted or (b) prior to or within twelve (12) months of the granting of any Option or issuance of any security
under the Plan in the State of California. Any Option granted to any person in the State of California that is exercised before security
holder approval is obtained must be rescinded if security holder approval is not obtained in the manner described in the preceding sentence.
Such securities shall not be counted in determining whether such approval is obtained. This provision shall not apply to a foreign private