Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 911

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 911
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 rule.

2.38 “” means the United States Securities and Exchange Commission, or any successor thereto.

2.39 “” means a member of
the Board who satisfies the requirements to qualify as a “non-employee director” under Rule 16b-3.

2.40 “” means a person who is subject to potential liability under
Section 16(b) of the Exchange Act with respect to transactions involving equity securities of the Company.

A-162

2.41 “” means, with respect to any Award that
constitutes deferred compensation within the meaning of Code Section 409A, a “separation from service” as defined in Treasury Regulation Section 1.409A-1(h). For this purpose, a
“separation from service” is deemed to occur on the date that the Company and the Grantee reasonably anticipate that the level of bona fide services the Grantee would perform for the Company and/or any Affiliates after that date (whether
as an employee, Non-Employee Director or consultant or independent contractor) would permanently decrease to a level that, based on the facts and circumstances, would constitute a separation from service;
provided that a decrease to a level that is 50% or more of the average level of bona fide services provided over the prior 36 months shall not be a separation from service, and a decrease to a level that is 20% or less of the average level of such
bona fide services shall be a separation from service. The Committee retains the right and discretion to specify, and may specify, whether a separation from service occurs with respect to those individuals who are performing services for the Company
or an Affiliate immediately prior to an asset purchase transaction in which the Company or an Affiliate is the seller and who continue to perform services for the buyer (or an affiliate thereof) immediately following such asset purchase transaction;
provided, such specification is made in accordance with the requirements of Treasury Regulation Section 1.409A-1(h)(4).

2.42 “” means a share of Common Stock, and such other securities of the Company, as may be substituted or
resubstituted for Shares pursuant to Section 4.2 hereof.

2.43 “” or
“” means an Award granted under Article 7 of the Plan.

2.44 “” means a
corporation other than the Company in an unbroken chain of corporations beginning with the Company if, at the time of granting the Option, each of the