Company: SIDU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001742
Chunk: 496

Company: Sidus Space Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 496
---
Compensation
Committee

Our
compensation committee is responsible for, among other things:

    ●
    reviewing
    and recommending the compensation arrangements for management, including the compensation for our president and chief executive officer;

    ●
    establishing
    and reviewing general compensation policies with the objective to attract and retain superior talent, to reward individual performance
    and to achieve our financial goals; 

    ●
    administering
    our stock incentive plans; and 

    ●
    preparing
    the report of the compensation committee that the rules of the SEC require to be included in our annual meeting proxy statement.

Our
compensation committee consists of Jeffrey Shuman, Cole Oliver, Leonardo Riera and Lavanson Coffey, with Mr. Shuman serving as chair.
Our board has determined that Messrs. Shuman, Oliver, Riera and Coffey are independent directors under Nasdaq rules. Our board of directors
adopted a written charter for the compensation committee, which will be available on our principal corporate website at www.sidusspace.com.

62

Nominating
and Governance

The
members of our nominating and governance committee are Dana Kilborne, Cole Oliver, Leonardo Riera and Lavanson Coffey. Mr. Coffey serves
as the chairperson of the committee. The nominating and corporate governance committee assists the board of directors in selecting individuals
qualified to become our directors and in determining the composition of the board and its committees.

The
nominating and corporate governance committee is responsible for, among other things: (i) identifying and evaluating individuals qualified
to become members of the board by reviewing nominees for election to the board submitted by stockholders and recommending to the board
director nominees for each annual meeting of stockholders and for election to fill any vacancies on the board, (ii) advising the board
with respect to board organization, desired qualifications of board members, the membership, function, operation, structure and composition
of committees (including any committee authority to delegate to subcommittees), and self-evaluation and policies, (iii) advising on matters
relating to corporate governance and monitoring developments in the law and practice of corporate governance, (iv) overseeing compliance
with our code of ethics, and (v) approving any related party transactions.

The
nominating and corporate governance committee’s methods for identifying candidates for election to our board of directors (other
than those proposed by our stockholders, as discussed below) includes the solicitation of ideas for possible candidates from a number