AIRWA INC.
For the period ended Apr 6, 2026. Filed Apr 6, 2026.
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Apr 6, 2026 · Filed Apr 6, 2026
Contents
AMENDMENT
Now, Therefore, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Directors and the Company hereby amend the Plan as follows:
- Section 5 of the Plan is hereby amended and restated to read as follows:
“5. RESERVED SHARES.
The aggregate number of Shares that may be issued under the Plan shall be 3,500,000, plus an annual increase on the first day of each calendar year beginning May 1, 2026 and ending on and including April 30, 2030 equal to the lesser of (A) eight percent (8%) of the Shares outstanding on the final day of the immediately preceding calendar year, and (B) such smaller number of Shares as determined by the Board of Directors or the Compensation Committee of the Board of Directors. Any Shares under the Plan, in respect of which the right hereunder of a Participant to purchase the same shall for any reason terminate, expire or otherwise cease to exist, shall again be available for grant as Awards under the Plan. Any Shares that remain unissued and are not subject to Awards at the termination of the Plan shall cease to be reserved for purposes of the Plan. Until termination of the Plan the Company shall at all times reserve a sufficient number of Shares to meet the requirements of the Plan.”
- In all other respects, the Plan shall remain unchanged.
[Remainder of Page Left Blank Intentionally.]
In Witness Whereof, the Company has caused this Amendment to be duly executed on its behalf by a duly authorized officer of the Company effective as of the date first written above.
AiRWA INC.
Thomas Tarala
Chief Executive Officer
ANNEX B
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