EX-10.16
from 10-K
22 pages
Paymentus Holdings, Inc. 2021 Equity Incentive Plan 1. Purposes of the Plan. the Purposes of This Plan Are: • to Attract and Retain the Best Available Personnel for Positions of Substantial Responsibility, • to Provide Additional Incentive to Employees, Directors and Consultants, and • to Promote the Success of the Company’s Business. the Plan Permits the Grant of Incentive Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units and Performance Awards. 2. Definitions. as Used Herein, the Following Definitions Will Apply: 2.1 “Administrator” Means the Board or Any of Its Committees as Will Be Administering the Plan, in Accordance With Section 4 of the Plan. 2.2
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