Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 477

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 2
Chunk 477
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 and insures us against our obligations to indemnify our officers and directors.

Our officers and directors have agreed to waive
any right, title, interest or claim of any kind in or to any monies in the Trust Account, and have agreed to waive any right, title, interest
or claim of any kind they may have in the future as a result of, or arising out of, any services provided to us and will not seek recourse
against the Trust Account for any reason whatsoever. Accordingly, any indemnification provided will only be able to be satisfied by us
if (i) we have sufficient funds outside of the Trust Account or (ii) we consummate an initial business combination.

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Our indemnification obligations may discourage
shareholders from bringing a lawsuit against our officers or directors for breach of their fiduciary duty. These provisions also may have
the effect of reducing the likelihood of derivative litigation against our officers and directors, even though such an action, if successful,
might otherwise benefit us and our shareholders. Furthermore, a shareholder’s investment may be adversely affected to the extent
we pay the costs of settlement and damage awards against our officers and directors pursuant to these indemnification provisions.

We believe that these provisions, the insurance
and the indemnity agreements are necessary to attract and retain talented and experienced officers and directors.

 Item 11. Executive Compensation.

None of our executive officers or directors have
received any cash compensation for services rendered to us. Commencing on the date that our securities are first listed on Nasdaq through
the earlier of consummation of our initial business combination and our liquidation, we will reimburse an affiliate of our Sponsor for
office space and administrative services provided to members of our management team in an amount equal to $15,000 per month. In addition,
our Sponsor, executive officers and directors, or any of their respective affiliates will be reimbursed for any out-of-pocket expenses
incurred in connection with activities on our behalf such as identifying potential target businesses and performing due diligence on suitable
business combinations. In addition, we have agreed, pursuant to the administrative services and indemnification agreement with our Sponsor
relating to the monthly payment for office space and administrative services described above, that we will indemnify our Sponsor from
any claims arising out of or relating to the Initial Public Offering or the company’s operations or conduct of the company’s
business or any claim against our Sponsor alleging any expressed or implied management or endorsement by our Sponsor of any of the Company’s
activities or any express or