Company: CHPG
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-042135
Chunk: 201

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-05-12
Form: S-1/A
Chunk 201
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 by a majority of the holders of our ordinary shares. Our officers are appointed by the board of directors and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of directors is authorized to appoint persons to the offices set forth in our second amended and restated memorandum and articles of association as it deems appropriate. Our second amended and restated memorandum and articles of association provide that our officers may consist of a Chairman, a Chief Executive Officer, a President, a Chief Operating Officer, a Chief Financial Officer, Vice Presidents, a Secretary, Assistant Secretaries, a Treasurer and such other offices as may be determined by the board of directors. Executive Officer and Director Compensation In addition, we have offered to and our Chairman and CEO, Mr.Padmakumar, has accepted an offer letter, dated May21, 2024, as amended on May11, 2025, which was effective (the “Term”) from the date of the agreement until the earlier of: (i) the termination of the offer letter; (ii) the date that the Company consummates an initial business combination; (iii) the date the Company is wound up; or (iv) the date that he vacates his positions or he is removed or disqualified from his positions pursuant to the Company’s memorandum and articles of association. The offer letter provides that, during the Term, Mr.Padmakumar shall receive (i) three monthly cash compensation of $7,500 from the date of the offer letter until the IPO is consummated, (ii) three monthly cash compensation of $7,500 from the date the IPO is consummated and 90 thdate after the closing of the IPO, (iii) $22,500 upon the entry of a definitive agreement by the Company, (iv) $22,500 upon the closing of our initial business combination. We have also offered to and our CFO, Mr.Graj, has accepted an offer letter, dated May21, 2024, as amended on May11, 2025, which sets out the same Term as the offer letter for Mr.Graj. The offer letter provides that, during the Term, The offer letter provides that, during the Term, Mr.Graj shall receive (i) three monthly cash compensation of 125 $5,000 from the date of the offer letter until the IPO is consummated, (ii) three monthly cash compensation of $5,000 from the date the IPO is consummated and 90