Company: AIRJW
Filing Date: 2025-05-05
Form Type: 424B3
Source: 0001213900-25-039770
Chunk: 138

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-05
Form: 424B3
Chunk 138
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 together with any other amounts paid to a named executive officer, would subject the executive to an excise tax under
Section 4999 of the Internal Revenue Code, such payments will be reduced to the extent that such reduction would produce a better
net after-tax result for the executive.

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Director Compensation</div>

Pre-Business Combination Director Compensation

None of our non-employee directors received any
cash, equity or other compensation for their service on the Board during 2024.

Post-Business Combination Director Compensation

In June 2024, the Board approved a one-time
cash payment of $50,000 to Mr. Dabbar and granted a one-time equity award to Mr. Dabbar with a target value of $108,000, granted
50% in the form of restricted stock units and 50% in the form of stock options.

In addition, on June 6, 2024, our Board adopted
the Non-Employee Director Compensation Program, which is designed to provide competitive compensation necessary to attract and retain
high quality non-employee directors and to encourage ownership of AirJoule stock to further align their interests with those of our stockholders.
The Non-Employee Director Compensation Program provides the following compensation for eligible non-employee directors:

Cash compensation

| ● | An annual cash retainer of $50,000 for each non-employee director |

| ● | An additional annual cash retainer for serving as a committee                                                                
 chair in the following amounts: (i) $15,000 for the Audit Committee chair, (ii) $10,000 for the Compensation Committee chair 
 and (iii) $10,000 for the Nominating and Corporate Governance Committee chair                                                |

Annual cash retainers are paid in quarterly installments
in arrears and pro-rated for any partial calendar quarter of service.

Equity compensation

| ● | An annual equity award with a target value of $108,000, granted                                                                        
 50% in the form of restricted stock units and 50% in the form of stock options, in each case, to be granted on the date of each annual 
 or special meeting of the Company’s stockholders, eligible to vest in full on the earlier to occur of (i) the one year anniversary     
 of the applicable grant date and (ii) the date preceding the next annual meeting of the Company’s stockholders following the           
 grant date, subject to the applicable non-employee director’s continued service through the applicable vest