Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 238

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 238
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 certain of our     
 officers and directors to finance transaction costs in connection with an intended initial     
 business combination. Up to $1,500,000 of such loans may be convertible into private placement 
 warrants of the post-business combination entity at a price of $1.00 per warrant at the option 
 of the lender, which conversion may result in material dilution to our public shareholders.    
 Such warrants would be identical to the private placement warrants. Except for the foregoing,  
 the terms of such loans, if any, have not been determined and no written agreements exist      
 with respect to such loans.                                                                    |

After the completion of our initial business
combination, directors or members of our management team who remain with us may be paid consulting or management fees from the combined
company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials or
tender offer materials furnished to our shareholders in connection with a proposed initial business combination. We have not established
any limit on the amount of such fees that may be paid by the combined company to our directors or members of management. It is unlikely
the amount of such compensation will be known at the time of the proposed initial business combination, because the directors of the
post-combination business will be responsible for determining executive officer and director compensation.

Any compensation to be paid to our executive
officers will be determined, or recommended to the board of directors for determination, either by a compensation committee constituted
solely by independent directors or by a majority of the independent directors on our board of directors.

We do not intend to take any action to ensure
that members of our management team maintain their positions with us after the consummation of our initial business combination, although
it is possible that some or all of our officers and directors may negotiate employment or consulting arrangements to remain with us after
our initial business combination. The existence or terms of any such employment or consulting arrangements to retain their positions
with us may influence our management’s motivation in identifying or selecting a target business but we do not believe that the
ability of our management to remain with us after the consummation of our initial business combination will be a determining factor in
our decision to proceed with any potential business combination. We are not party to any agreements with our officers and directors that
provide for benefits upon termination of employment.

Committees of the Board of Directors

Upon the commencement of trading of our units
on Nasdaq, our board of directors will establish two standing committees