(ii) The acquisition, directly or indirectly, by any person or related group
of persons (other than the Company or a person that directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3
under the Exchange Act) of securities of the Company representing more than 35% of the total combined voting power of the Companys then outstanding securities pursuant to a tender or exchange offer made directly to the Companys
stockholders which the Board does not recommend such stockholders accept.
(g) Code means the Internal Revenue Code of 1986, as
amended, and the regulations and interpretations promulgated thereunder.
(h) Committee means a committee described in
Section 3.
(i) Common Stock means the Companys common stock.
(j) Company means Threatology, Inc., a Delaware corporation.
(k) Consultant means an individual who performs bona fide services to the Company, a Parent, a Subsidiary or an Affiliate as a
consultant, advisor or independent contractor and not as an Employee or Director or Non-Employee Director.
(l) Corporate Transaction means, except as may otherwise be provided in a Participants employment agreement or Award
agreement, the occurrence of any of the following stockholder approved transactions:
(i) The consummation of a merger or
consolidation of the Company with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or surviving entitys securities outstanding immediately after such merger,
consolidation or other reorganization is owned by persons who were not stockholders of the Company immediately prior to such merger, consolidation or other reorganization; or
(ii) The sale, transfer or other disposition of all or substantially all of the Companys assets.
A transaction shall not constitute a Corporate Transaction if its sole purpose is to change the state of the Companys incorporation or to
create a holding company that will be owned in substantially the same proportions by the persons who held the Companys securities immediately before such transactions.
(m) Director means a member of the Board who is also an Employee.
(n) Disability means that the Specified Individual is classified as disabled under a
long-term disability policy of the Company or, if no such policy applies, the Specified Individual is unable to engage in any substantial gainful activity by reason of any medically determinable physical or
mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months.
(o) Effective Date means December 15, 2024, the date the Plan was adopted by the Company Board of Directors.
(p) Employee means an individual who is a common-law employee of the Company, a Parent, a
Subsidiary or an Affiliate.
(q) Exchange Act means the Securities Exchange Act of 1934, as amended.
(r) Exercise Price means, in the case of an Option, the amount for which a Share may be purchased upon exercise of such Option, as
specified in the applicable Stock Option Agreement.
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