Company: HVIIR
Filing Date: 2025-01-13
Form Type: S-1/A
Source: 0001493152-25-001958
Chunk: 193

Company: Hennessy Capital Investment Corp. VII
Filing Date: 2025-01-13
Form: S-1/A
Chunk 193
---
 or rules promulgated by the Financial Accounting Standards          
 Board, the SEC or other regulatory authorities.                                                     |

| 141 |

Compensation Committee

Upon the effectiveness of the registration statement of which this prospectus forms a part, we will establish a compensation committee of the board of directors. Under Nasdaq listing standards and applicable SEC rules, we are required to have at least two members of the compensation committee, all of whom must be independent. The members of our compensation committee will be Brian Bonner, Grant R. Allen and Javier Saade, and Brian Bonner will chair the compensation committee.

We will adopt a compensation committee charter, which will detail the purpose and responsibility of the compensation committee, including:

| ● | reviewing                                                                                 
 and approving on an annual basis the corporate goals and objectives relevant to our Chief 
 Executive Officer’s compensation, evaluating our Chief Executive Officer’s performance    
 in light of such goals and objectives and determining and approving the remuneration (if  
 any) of our Chief Executive Officer based on such evaluation;                             |

| ● | reviewing                                                                                             
 and making recommendations to our board of directors with respect to (or approving, if such           
 authority is so delegated by our board of directors) the compensation, and any incentive-compensation 
 and equity-based plans that are subject to board approval of all of our other officers;               |

| ● | reviewing                                      
 our executive compensation policies and plans; |

| ● | implementing                                                                  
 and administering our incentive compensation equity-based remuneration plans; |

| ● | assisting                                                                                   
 management in complying with our proxy statement and annual report disclosure requirements; |

| ● | approving                                                                                 
 all special perquisites, special cash payments and other special compensation and benefit 
 arrangements for our officers and service providers;                                      |

| ● | producing                                                                            
 a report on executive compensation to be included in our annual proxy statement; and |

| ● | reviewing,                                                                              
 evaluating and recommending changes, if appropriate, to the remuneration for directors. |

The charter will also provide that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, independent legal counsel or other adviser and is directly responsible for the appointment, compensation and oversight of the work of any such adviser.

However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider the independence of each such adviser, including the factors required by Nasdaq and the SEC.

| 142 |

Director Nominations

We do not have a standing nominating