Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 1602

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 1602
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administering our equity incentive plans and other benefit
plans;

●reviewing and approving the terms of any employment agreements,
severance arrangements, change in control protections, indemnification agreements and any other material arrangements with our executive
officers and other members of senior management, in the compensation committee’s discretion;

●reviewing and establishing appropriate insurance coverage
for our directors and officers;

●reviewing and discussing with management our disclosures under
the caption “Compensation Discussion and Analysis” in our periodic reports or proxy statements to be filed with the SEC,
to the extent such caption is included in any such report or proxy statement;

●preparing an annual report on executive compensation that
the SEC requires in our annual proxy statement;

●reviewing our practices and policies for employee compensation
as related to risk management and risk-taking incentives to determine if such compensation policies and practices are reasonably likely
to have a material adverse effect on us;

●establishing and monitoring stock ownership guidelines for
our directors and executive officers, if and as determined to be necessary or appropriate;

●providing recommendations to the Board on compensation-related
proposals to be considered at our annual meeting of stockholders;

●reviewing and discussing with management, if appropriate,
the independence of and any conflicts of interest raised by the work of a compensation consultant, outside legal counsel, or advisor
hired by the compensation committee or management and how such conflict is being addressed for disclosure in the appropriate filing or
report;

●annually reviewing and discussing with management our human
capital management practices with respect to our employees and, where applicable, independent contractors;

●approving and modifying, as needed, clawback policies allowing
us to recoup improper compensation paid to employees; and

●reviewing and evaluating on an annual basis the performance
of the compensation committee and recommending such changes as deemed necessary with the Board.

The composition and function of the compensation committee complies
with all applicable requirements of the Sarbanes-Oxley Act, SEC rules and regulations and Nasdaq listing rules.

Nominating and Corporate Governance Committee

Our nominating and corporate governance committee consists of Mr. Young
and Ms. Hill. Ms. Hill serves as the chair of the nominating and corporate governance committee. The Board has determined that each of
the members of the nominating and corporate governance committee satisfy the independence requirements of Nasdaq. The functions of this
committee include, among other things:

●determining the qualifications, qualities, skills and other
expertise required