Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 162

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 162
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charging its responsibilities relating to (1) identifying individuals qualified to become Board members, consistent with criteria approved by the Board, (2) reviewing the qualifications of incumbent directors to determine whether to recommend them for reelection and selecting, or recommending that the Board select, the director nominees for the next annual meeting of stockholders, (3) identifying Board members qualified to fill vacancies on any Board committee and recommending that the Board appoint the identified member or members to the applicable committee, (4) reviewing and recommending to the Board corporate governance principles applicable to Holdco, (5) overseeing the evaluation of the Board and management and (6) handling such other matters that are specifically delegated to the committee by the Board from time to time.

The Board has adopted a written charter for the nominating and corporate governance committee which is available on Holdco’s website.

Code of Ethics

Holdco adopted a Code of Ethics and business conduct applicable to its directors, officers and employees upon completion of the Business Combination. The Code of Ethics is available on Holdco’s website. Holdco will also post any amendments to or waivers of its Code of Ethics on the website.

Limitation on Liability and Indemnification of Directors, Officers and Advisors

The Holdco A&R Articles contain provisions that limit the liability of Holdco’s directors for monetary damages to the fullest extent permitted by Massachusetts law. Consequently, Holdco’s directors will not be personally liable to Holdco or its shareholders for monetary damages for any breach of fiduciary duties as directors to the extent provided by applicable law, except liability for:

| ● | any                                                                     
 breach of the director’s duty of loyalty to Holdco or its shareholders; |

| ● | any                                                                                              
 act or omission not in good faith or that involves intentional misconduct or a knowing violation 
 of law;                                                                                          |

| ● | distributions                                       
 to shareholders not in compliance with the MBCA; or |

| ● | any                                                                       
 transaction from which the director derived an improper personal benefit. |

The Holdco A&R Articles
provide that Holdco is required to indemnify its directors and officers, in each case to the fullest extent permitted by Massachusetts
law. Holdco has entered into agreements to indemnify its directors, executive officers and other employees. With specified exceptions,
these agreements provide for indemnification for related expenses including, among other things, attorneys’ fees, judgments, fines
and settlement amounts incurred by any of these individuals in any action or proceeding. Holdco believes that these indemnification agreements
are necessary to attract and retain