Company: LIDRW
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001437749-25-004906
Chunk: 237

Company: AEye, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 9A
Chunk 237
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Our Compensation Committee met four (4) times in 2024.  Our Compensation Committee is responsible for, among other matters:

      • 
      reviewing, modifying, and approving (or if it deems appropriate, making recommendations to our Board of Directors regarding) our overall compensation strategy and policies 

      • 
      reviewing and recommending to our Board of Directors the salaries, benefits, and equity incentive grants provided to our chief executive officer and directors; 

      • 
      reviewing and approving the salaries, benefits, and equity incentive grants provided to our executive officers, other than our chief executive officer; 

      • 
      reviewing and approving corporate goals and objectives relevant to executive officer compensation, evaluating executive officer performance in light of those goals and objectives, and determining executive officer compensation based on that evaluation; 

      • 
      reviewing and approving the terms of any employment agreements, severance arrangements, changing in control protections, and any other compensatory arrangements for our executive officers; 

      • 
      overseeing our compensation and employee benefit plans; and 

      • 
      administering our Dodd-Frank Clawback Policy and make all determinations as to the amount and method of recovery for the “clawback” of compensation as set forth therein. 

Our Compensation Committee consists of Timothy J. Dunn, Jonathon B. Husby, and Sue E. Zeifman, with Ms. Zeifman chairing this Committee.  Our Board of Directors has adopted a written charter for the Compensation Committee, which is available on the “Investors Relations” section of our principal corporate website at www.aeye.ai.

Our Board has determined that each of Mr. Dunn, Mr. Husby, and Ms. Zeifman meet the definition of “independent director” for purposes of serving on the Compensation Committee under the corporate governance standards of the Nasdaq Stock Market.  No member of our Compensation Committee is or has been one of our officers or employees, and none have any relationships with us of the type that is required to be disclosed under Item 404 of Regulation S-K.  None of our executive officers serves or has served as a member of the Board of Directors, Compensation Committee, or other Board committee performing equivalent functions of any entity that has one or more executive officers serving as one of our directors or on our Compensation Committee.

In accordance with its charter, the Compensation Committee has the authority to engage outside consultants to assist in the performance of its duties and responsibilities.  The Compensation Committee may delegate its authority under its