Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 352

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 352
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 $ | 450,000 |     | $ | 500,000 |

Perquisites Perquisites have not yet been established and therefore are not included in the figures above. The Compensation Committee will determine any perquisites for the named executive officers based upon their services to be rendered. Such benefits to be paid by PubCo may include company cars, medical insurance, accident insurance, tax preparation and financial counselling. Equity Incentive Awards As set forth elsewhere in this prospectus, PubCo is adopting an Equity Incentive Plan under which several types of awards are available for issuance. While the exact number and type of award will be determined by the PubCo Board and approved at a general meeting of the PubCo shareholders prior to the consummation of the Business Combination, we anticipate that each NEO will receive 80% of their annual awards in Performance Share Units (PSUs) and 20% of their annual awards in Retention Restricted Share Units (RSUs).A PSU is a conditional right to receive PubCo Ordinary Shares in the capital of PubCo based on specific performance targets. For each vested PSU the holder is entitled to receive one PubCo Ordinary Share. Each RSU represents the right to receive one PubCo Ordinary Share Employment Agreements Although written employment agreements will not be entered into until after the consummation of the Business Combination, the following outlines additional proposed material terms, in addition to the compensation set forth above, pending approval by the Compensation Committee: Annual Bonus Annual bonuses will be between 50% and 250% of base salary if annual performance goals are achieved, which may include company performance measures and individual goals that will be determined in the first quarter of every fiscal year. The annual bonus may be paid in cash, PSU’s or a combination of cash and PSU’s. If paid solely in cash only, the annual bonus will be between 50% and 100% of the base salary. If settled in part or in full in PSU’s, the annual bonus will be between 100% and 250% of the base salary. The NEO’s would be allowed to determine the makeup of the annual bonus. The Compensation Committee, to increase the short -termincentive payable for any given year in case of exceptional achievements. Termination Provisions The employment agreements for the NEOs will provide that if employment is terminated by the PubCo without “cause,” other than in connection with a change of control, the NEO will be entitled to severance consisting of (i)a lump sum equal to three years’ base salary plus target