Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 518

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 518
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b -3promulgated under the Exchange Act, and an outside director, as defined pursuant to Section 162(m) of the Code, and meets the requirements for independence under the current Nasdaq listing standards. The New OSR Holdings compensation committee will be responsible for, among other things: •reviewing and approving, or recommending that our board of directors approve, the compensation of our executive officers; 325 •reviewing and recommending to our board of directors the compensation of our directors; •administering our stock and equity incentive plans; •reviewing and approving, or making recommendations to our board of directors with respect to, incentive compensation and equity plans; and •reviewing our overall compensation philosophy. Corporate Governance and Nomination Committee Upon the completion of the Business Combination, the members of New OSR Holdings’ corporate governance and nomination committee will consist of Mr. Lee, Dr. Mah, Dr. Cho, Mr. Park and Mr. Jee with Mr. Lee serving as the chairperson. Each member of this committee meets the requirements for independence under the current Nasdaq listing standards. The New OSR Holdings corporate governance and nomination committee will be responsible for, among other things: •determining the qualifications, qualities, skills and other expertise required to be a director of New OSR Holdings, and developing and recommending to the New OSR Holdings Board for approval criteria to be considered in selecting nominees for director; •identifying, reviewing and making recommendations of candidates to serve on the New OSR Holdings Board, including incumbent directors for reelection; •evaluating the performance of the New OSR Holdings Board, committees of the New OSR Holdings Board and individual directors and determining whether continued service on the New OSR Holdings Board is appropriate; •periodically reviewing and making recommendations to the New OSR Holdings Board regarding New OSR Holdings’ process for stockholder communications with the New OSR Holdings Board, and making such recommendations to the New OSR Holdings Board with respect thereto; •evaluating nominations by stockholders of candidates for election to the New OSR Holdings Board; •evaluating the structure and organization of the New OSR Holdings Board and its committees and making recommendations to the New OSR Holdings Board for approvals; •periodically reviewing New OSR Holdings’ corporate governance guidelines and code of business conduct and ethics and recommending to the New OSR Holdings’ Board any changes to such policies ad principles; and •reviewing periodically the nominating and corporate governance committee charter and recommending any proposed changes to the New OSR Holdings Board