Company: JUNS
Filing Date: 2025-11-26
Form Type: S-1
Source: 0001493152-25-025204
Chunk: 190

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-26
Form: S-1
Chunk 190
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, to the extent not already vested, be deemed automatically vested; and all of the parties’ rights and obligations under the
agreement cease, other than such rights or obligations which arose prior to the termination date or in connection with such termination,
and subject to those provisions which survive the termination.

Each of the agreements also provides for certain
“gross-up payments” being payable to the applicable executive if it is determined that any payment or benefit provided to
the executive under the agreement or otherwise, whether or not in connection with a Change of Control would constitute an “excess
parachute payment” within the meaning of section 280G of the Internal Revenue Code of 1986, as amended (the “Code”),
such that the payment would be subject to an excise tax under section 4999 of the Code.

Each of the agreements contains customary confidentiality
provisions, and customary provisions relating to intellectual property created by the executive (i.e., a “work-made-for-hire”
provision).

Each of the agreements also contains a customary
non-solicitation provision, wherein the executive agrees that they shall not, directly or indirectly solicit or discuss with any employee
of the Company the employment of such Company employee by any other commercial enterprise other than the Company, nor recruit, attempt
to recruit, hire or attempt to hire any such Company employee on behalf of any commercial enterprise other than the Company, except for
general recruitment advertisements. This provision applies for three years.

Each of the agreements also contains a customary
non-compete provision, wherein the executive agrees that they will not, directly or indirectly: (i) engage in any other business, association
or relationship of any kind with any business which provides, in whole or in part, the same or similar services and/or products offered
by the Company as part of its existing or developing businesses which directly or indirectly competes with the Company; nor (ii) solicit
or accept, or induce any person to reduce goods or services to the Company, or in any manner assist others in the solicitation, acceptance,
or inducement of, any business transactions with the Company’s existing and prospective clients, accounts, suppliers and/or other
persons or entities with whom the Company has had business relationships (or whom the Company had specifically identified for a prospective
business relationship). This provision applies for nine months.

Each of the agreements contains a “Blue
Pencil” provision, wherein if a court of competent jurisdiction determines that any of the non-solicit or non-compete