Company: ARAI
Filing Date: 2025-05-13
Form Type: S-1/A
Source: 0001641172-25-009841
Chunk: 116

Company: Arrive AI Inc.
Filing Date: 2025-05-13
Form: S-1/A
Chunk 116
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-employee director compensation. The Compensation Committee may not delegate its authority to any other person, other than to a subcommittee.

Corporate Governance and Nominating Committee

Our Board formally established a Corporate Governance and Nominating Committee in October 2023. The Corporate Governance and Nominating Committee is composed of one (1) independent director (as defined under the general independence standards of the Nasdaq listing standards and our Corporate Governance Guidelines): Kevin McAdams, a “non-employee director” (within the meaning of Rule 16b-3 of the Exchange Act), serves as chair of the committee. John Ritchison also serves on the committee. The committee’s primary duties are to:

| ● | recruit                                                                                                                                   
 new directors, consider director nominees recommended by stockholders and others and recommend nominees for election as directors;        |
| ● | review                                                                                                                                    
 the size and composition of our Board and committees;                                                                                     |
| ● | oversee                                                                                                                                   
 the evaluation of the Board;                                                                                                              |
| ● | recommend                                                                                                                                 
 actions to increase the Board’s effectiveness; and                                                                                        |
| ● | develop,                                                                                                                                  
 recommend and oversee our corporate governance principles, including our Code of Business Conduct and Ethics and our Corporate Governance 
 Guidelines.                                                                                                                               |

Code of Business Conduct and Ethics

We adopted a written code of business ethics and conduct (the “Code of Conduct”) that applies to all of our directors, officers and employees, including our Chief Executive Officer and Chief Financial Officer. The objective of the Code of Conduct is to provide guidelines for maintaining our and our subsidiaries integrity, reputation, honesty, objectivity and impartiality. The Code of Conduct addresses conflicts of interest, protection of our assets, confidentiality, fair dealing with stockholders, competitors and employees, insider trading, compliance with laws and reporting any illegal or unethical behavior. As part of the Code of Conduct, any person subject to the Code of Conduct is required to avoid or fully disclose interests or relationships that are harmful or detrimental to our best interests or that may give rise to real, potential or the appearance of conflicts of interest. Our Board has ultimate responsibility for the stewardship of the Code of Conduct, and it will monitor compliance through our Corporate Governance and Nominating Committee. Directors, officers and employees are required to annually certify that they have not violated the Code of Conduct. Our Code of Business Conduct and Ethics reflects the foregoing principles. The full text of our Code of Business Conduct and Ethics will be published on our website prior to the effectiveness of this registration statement.

We intend to