Company: SZZL
Filing Date: 2025-04-02
Form Type: 424B3
Source: 0001213900-25-027678
Chunk: 221

Company: Sizzle Acquisition Corp. II
Filing Date: 2025-04-02
Form: 424B3
Chunk 221
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 with respect to such loans; and •Our independent directors will each receive, for their services as a director, an indirect interest in 20,000 founder shares through membership interests in our sponsor and each member of our audit committee will receive, for their services on the committee, an indirect interest in 10,000 founder shares through membership interests in our sponsor. After the completion of our initial business combination, directors or members of our management team who remain with us may be paid consulting or management fees from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials or tender offer materials furnished to our shareholders in connection with a proposed initial business combination. We have not established any limit on the amount of such fees that may be paid by the combined company to our directors or members of management. It is unlikely the amount of such compensation will be known at the time of the proposed initial business combination, because the directors of the post -combinationbusiness will be responsible for determining executive officer and director compensation. 144 Any compensation to be paid to our executive officers will be determined, or recommended to the board of directors for determination, either by a compensation committee constituted solely by independent directors or by a majority of the independent directors on our board of directors. We do not intend to take any action to ensure that members of our management team maintain their positions with us after the consummation of our initial business combination, although it is possible that some or all of our officers and directors may negotiate employment or consulting arrangements to remain with us after our initial business combination. The existence or terms of any such employment or consulting arrangements to retain their positions with us may influence our management’s motivation in identifying or selecting a target business but we do not believe that the ability of our management to remain with us after the consummation of our initial business combination will be a determining factor in our decision to proceed with any potential business combination. We are not party to any agreements with our officers and directors that provide for benefits upon termination of employment. Committees of the Board of Directors Upon the commencement of the trading of our units on Nasdaq, our board of directors established two standing committees: an audit committee and a compensation committee. Subject to phase -inrules, the rules of Nasdaq and Rule 10A -3of the Exchange Act require that the audit committee of a listed company be comprised solely of independent directors. Each committee operates under a charter that was approved by our board and has the composition and responsibilities described below. Audit