Company: FLDDW
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006075
Chunk: 407

Company: Fold Holdings, Inc.
Filing Date: 2025-01-24
Form: 424B3
Chunk 407
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 annual basis the performance of the audit committee and the audit committee charter. The composition and function of the audit committee will comply with all applicable requirements of the Sarbanes -OxleyAct, SEC rules and regulations and Nasdaq listing rules. Compensation Committee New Fold’s compensation committee will consist of Dr. Kirkwood and Mr.Young. Dr. Kirkwood will serve as the chair of the compensation committee. The New Fold Board is expected to determine that each of the members of the compensation committee will be a non -employeedirector, as defined in Rule 16b -3promulgated under the Exchange Act and will satisfy the independence requirements of Nasdaq. The functions of the committee will include, among other things: •reviewing and approving the corporate goals and objectives that pertain to New Fold’s overall compensation strategy and policies; •reviewing and approving annually the compensation and other terms of employment of New Fold’s executive officers and other members of senior management, in the compensation committee’s discretion; •reviewing and approving the type and amount of compensation to be paid or awarded to New Fold’s non -employeeboard members; •administering New Fold’s equity incentive plans and other benefit plans; •reviewing and approving the terms of any employment agreements, severance arrangements, change in control protections, indemnification agreements and any other material arrangements with New Fold’s executive officers and other members of senior management, in the compensation committee’s discretion; •reviewing and establishing appropriate insurance coverage for New Fold’s directors and officers; •reviewing and discussing with management New Fold’s disclosures under the caption “Compensation Discussion and Analysis” in New Fold’s periodic reports or proxy statements to be filed with the SEC, to the extent such caption is included in any such report or proxy statement; 258 •preparing an annual report on executive compensation that the SEC requires in New Fold’s annual proxy statement; •reviewing New Fold’s practices and policies for employee compensation as related to risk management and risk -takingincentives to determine if such compensation policies and practices are reasonably likely to have a material adverse effect on New Fold; •establishing and monitoring stock ownership guidelines for directors and executive officers of New Fold, if and as determined to be necessary or appropriate; •providing recommendations to the New Fold Board on compensation -relatedproposals to be considered at New Fold’s annual meeting of stockholders; •reviewing and discussing with management, if appropriate, the independence of and any conflicts of interest raised by the work of a compensation consultant