Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 487

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 487
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 Rule 506(d)(1)(i) through (viii) under the Securities Act (or any successor provision), and such person shall thereafter be deemed the BEP Director under this Agreement. The Company shall, if necessary, increase the size of the Board of Directors and/or cause a vacancy to be created on the Board of Directors such that the BEP Director may be so appointed. During the period a BEP Director is a director of the Board of Directors, the Company shall, at its own expense, provide to such BEP Director the same compensation and benefits as any other non-employee director of the Board of the Directors, including cash and non-cash compensation for director service and benefits under any applicable director and officer indemnification or insurance policy maintained by the Company.

NEG Board Designation Rights . (i) At any time when NEG beneficially owns (as defined under Section 13 of the Exchange Act) at least twenty-five percent (25%) of the outstanding shares of Common Stock (including any shares of Common Stock previously issued or issuable to NEG in connection with its exercise of Warrants, and otherwise without regard to any of the limitations on exercise in the Warrants), NEG shall be entitled to designate (and the Company shall be required to appoint and/or nominate for election at any annual or special

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meeting of shareholders (or action by written consent) for the election of directors to the Board of Directors) two (2) individuals to the Board of Directors (such individual, the “ NEG Director ”) and (ii) at any time when NEG beneficially owns (as defined under Section 13 of the Exchange Act) at least ten percent (10%) of the outstanding shares of Common Stock (including any shares of Common Stock previously issued or issuable to NEG in connection with its exercise of Warrants, and otherwise without regard to any of the limitations on exercise in the Warrants), NEG shall be entitled to designate (and the Company shall be required to appoint and/or nominate for election at any annual or special meeting of shareholders (or action by written consent) for the election of directors to the Board of Directors) one NEG Director, provided, however, that from the date of this Agreement to the Closing Date, NEG shall be entitled to designate (and the Company shall be required to appoint and/or nominate for election at any annual or special meeting of shareholders (or action by written consent) for the election of directors to the Board of Directors) only one (1) individual to the