Company: GINT
Filing Date: 2025-10-15
Form Type: F-1/A
Source: 0001213900-25-099087
Chunk: 155

Company: Gifts International Holdings Ltd
Filing Date: 2025-10-15
Form: F-1/A
Chunk 155
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, conditions, restrictions and limitations of each equity award. Eligible Individual Individuals eligible to receive awards under the 2025 Incentive Plan will be an employee, a consultant or a non -employeedirector, as determined by our compensation committee; provided, however, that awards shall not be granted to consultants or non -employeedirectors who are resident of any country which pursuant to applicable laws does not allow grants to non -employees. Term The 2025 Incentive Plan will continue in effect for a term of ten years from the date of its adoption. Any awards that are outstanding on the tenth anniversary of the date of its adoption shall remain in force according to the terms of the 2025 Incentive Plan and the applicable award agreement. Award Agreement Equity awards granted pursuant to the 2025 Incentive Plan shall be evidenced by individual award agreement, the terms and conditions of which shall be established by the administrator in a manner consistent with the provisions of the 2025 Incentive Plan. Vesting Schedule The vesting schedule of each equity award granted under the 2025 Incentive Plan will be set forth in the award agreement for such equity award. Amendment, Suspension and Termination At any time and from time to time, the administrator may amend, suspend or terminate the 2025 Incentive Plan; provided, however, that (a) to the extent necessary and desirable to comply with applicable laws, the Company shall obtain shareholder approval of any amendment in such a manner and to such a degree as required, and (b) unless the Company decides to follow home country practice, shareholder approval is required for any amendment to the 2025 Incentive Plan that (i) increases the number of Class A Ordinary Shares available under the 2025 Incentive Plan (other than any adjustment as provided by Article 12), (ii) permits the administrator to extend the term of the 2025 Incentive Plan or the exercise period for an option or share appreciation right beyond ten years from the date of grant, or (iii) results in a material increase in benefits or a change in eligibility requirements. Except as provided in the 2025 Incentive Plan or any award agreement, no amendment, suspension or termination of the 2025 Incentive Plan shall, without the consent of the holder, impair any rights or obligations under any award theretofore granted or awarded. 107

PRINCIPAL SHAREHOLDERS The following table sets forth information with respect to the beneficial