Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 431

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 431
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 or they may believe is best for himself, herself or themselves in determining to recommend that shareholders vote for the proposals. In addition, GSR III’s officers may have interests in the Merger Proposal that may conflict with your interests as a shareholder. See the section entitled “ The Business Combination — Interests of Certain Persons in the Business Combination” for a further discussion of these considerations. 250 PROPOSAL nO. 3 — THE INCENTIVE PLAN PROPOSAL On or prior to the consummation of the Business Combination, PubCo’s board of directors and shareholders will adopt and approve the Equity Incentive Plan (the “Plan”). The Plan is a comprehensive incentive compensation plan under which PubCo can grant equity -basedand other incentive awards to our officers, employees, directors, and consultants. The purpose of the Plan is to secure and retain the services of our officers, employees, directors and consultants, and to provide incentives for such persons to exert maximum efforts for the success of the Company and any affiliate and to provide a means by which such persons may be given an opportunity to benefit from increases in value of the ordinary shares through the granting of awards. Administration. The Plan is administered by the board, and upon consummation of the Business Combination, may be administered by the committee of the board, which shall consist of three members of the board, at least two of which are “ non -employee directors” within the meaning of Rule 16b -3 promulgated under the Exchange Act and “independent” for purposes of any applicable listing requirements. If a member of the committee is eligible to receive an award under the Plan, such committee member shall have no authority under the plan with respect to his or her own award. Among other things, the board or committee has complete discretion, subject to the express limits of the Plan, to determine the directors, employees and nonemployee consultants to be granted an award, the type of award to be granted the terms and conditions of the award, the form of payment to be made and / or the number of ordinary shares subject to each award, the exercise price of each option, the term of each award, the vesting schedule for an award, whether to accelerate vesting, the value of the ordinary shares underlying the award, and the required withholding, if any. The board or committee may amend, modify or terminate any outstanding award, provided that the participant’s consent to such action is required if the action would impair the participant’s rights or entitlements with respect to that award.