Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 147

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 147
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 to the administrative services and indemnification agreement with our Sponsor
relating to the monthly payment for office space and administrative services described above, that we will indemnify our Sponsor from
any claims arising out of or relating to the Initial Public Offering or the company’s operations or conduct of the company’s
business or any claim against our Sponsor alleging any expressed or implied management or endorsement by our Sponsor of any of the Company’s
activities or any express or implied association between our Sponsor and the Company or any of its affiliates, which agreement will provide
that the indemnified parties cannot access the funds held in our Trust Account. Our audit committee will review on a quarterly basis all
payments that were made to our Sponsor, executive officers or directors, or our or their affiliates. Any such payments prior to an initial
business combination will be made from (i) funds held outside the Trust Account or (ii) interest earned on the Trust Account and released
to us to fund our working capital requirements (subject to an annual limit of $1,000,000). Other than quarterly audit committee review
of such reimbursements, we do not expect to have any additional controls in place governing our reimbursement payments to our directors
and executive officers for their out-of-pocket expenses incurred in connection with our activities on our behalf in connection with identifying
and consummating an initial business combination. Furthermore, our independent directors has received membership interests in our Sponsor
as compensation for their service as directors to the company. Each of Diarmuid Cummins, Amy Gershkoff Bolles, Jason Park, Anna Marie
Wagner and Simon Watson has received membership interests in our Sponsor representing 25,000 Founder Shares for their service as a director.

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 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 business combination, because the directors of the post-combination business will be responsible
for determining executive officer and director compensation.

Any compensation to be paid to our executive officers
will be determined, or recommended to