Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 364

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 364
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 to a tax deduction in connection with an award under the New Equity Incentive Plan in an amount equal to the ordinary income realized by a participant and at the time the participant recognizes such income (for example, the exercise of a nonstatutory stock option) except to the**

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#### extent such deduction is limited by applicable provisions of the Code. Special rules limit the deductibility of compensation paid to Domesticated GigCapital7’s chief executive officer and certain “covered employees” as determined under Section 162(m) of the Code and applicable guidance. Under Section 162(m) of the Code, the annual compensation paid to any of these specified individuals will be deductible only to the extent that it does not exceed $1,000,000.THE FOREGOING IS ONLY A SUMMARY OF THE EFFECT OF U.S. FEDERAL INCOME TAXATION UPON PARTICIPANTS AND THE COMBINED COMPANY WITH RESPECT TO AWARDS UNDER THE NEW EQUITY INCENTIVE PLAN. IT DOES NOT PURPORT TO BE COMPLETE AND DOES NOT DISCUSS THE IMPACT OF EMPLOYMENT OR OTHER TAX REQUIREMENTS, THE TAX CONSEQUENCES OF A PARTICIPANT’S DEATH, OR THE PROVISIONS OF THE INCOME TAX LAWS OF ANY MUNICIPALITY, STATE, ORNON-U.S.JURISDICTION IN WHICH THE PARTICIPANT MAY RESIDE.Number of Awards Granted to Employees, Consultants and DirectorsThe number of awards that an employee, director, or consultant may receive under the New Equity Incentive Plan is in the discretion of the committee and therefore cannot be determined in advance. GigCapital7 previously has not sponsored an equity incentive plan, and, therefore, the aggregate number of shares of the Domesticated GigCapital7 Common Stock which would have been received by or allocated to Domesticated GigCapital7’s named executive officers; executive officers, as a group, directors who are not executive officers, as a group, and all other current employees who are not executive officers, as a group is not determinable. No Awards have been previously granted under the New Equity Incentive Plan which are contingent upon approval of the Incentive Plan Proposal.Resolution to be Voted UponThe full text of the resolution to be passed is as follows:“RESOLVED, as an ordinary resolution, that the New Equity Incentive Plan, in the form attached to the proxy statement/prospectus asAnnex J, be adopted and approved.”Vote Required for Approval