Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 352

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 352
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 in particular, Domesticated GigCapital7’s ability to attract and retain outstanding and highly skilled individuals in the extremely competitive labor markets in which Domesticated GigCapital7 will compete. Such awards also are crucial to Domesticated GigCapital7’s ability to motivate employees to achieve its goals.Certain Key Plan Provisions•The New Equity Incentive Plan will continue until terminated by the Domesticated GigCapital7 Board or its compensation committee.•The New Equity Incentive Plan provides for the grant of Domesticated GigCapital7 Options, both incentive stock options and nonstatutory stock options, stock appreciation rights, restricted stock, restricted stock units (“RSUs”), performance awards, cash-based awards and other stock-based awards.•A number of shares of Domesticated GigCapital7 Common Stock will be authorized for issuance pursuant to awards under the New Equity Incentive Plan equal to 10% of the fully-diluted shares of GigCapital7 Common Stock as of immediately after the Closing (rounded up to the nearest whole share), which will be a maximum of [●] shares of Domesticated GigCapital7 Stock.•The New Equity Incentive Plan will be administered by the compensation committee or, by the Domesticated GigCapital7 Board, if, at any time, there is no committee of the Board then authorized or properly constituted to administer the Plan, which applicable administrator of the Plan we refer to as the “committee”.Summary of the New Equity Incentive PlanThe following paragraphs provide a summary of the principal features of the New Equity Incentive Plan and its operation. However, this summary is not a complete description of all of the provisions of the New Equity Incentive Plan and is qualified in its entirety by the specific language of the New Equity Incentive Plan. A copy of the New Equity Incentive Plan is attached to this proxy statement/prospectus as Annex H.184
Types of Awards The grant of a benefit or award under the New Equity Incentive Plan is referred to as an “award.” Awards may be granted in the form of Options, Stock Appreciation Rights, Restricted Stock Awards, Restricted Stock Units, Performance Shares, Performance Units, Cash-Based Awards and Other Stock-Based Awards. Purposes of the New Equity Incentive Plan The purpose of the New Equity Incentive Plan will be to advance the interests of Domesticated GigCapital7 and its stockholders by providing an incentive to attract, retain and reward persons performing services for Domesticated GigCapital7 and by motivating such persons to contribute to the growth and profitability of