Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 348

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 348
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 Retention Restricted Share Units (RSUs).A PSU is a conditional right to receive PubCo Ordinary Shares in the capital of PubCo based on specific performance targets. For each vested PSU the holder is entitled to receive one PubCo Ordinary Share. Each RSU represents the right to receive one PubCo Ordinary Share Employment Agreements Although written employment agreements will not be entered into until after the consummation of the Business Combination, the following outlines additional proposed material terms, in addition to the compensation set forth above, pending approval by the Compensation Committee: Annual Bonus Annual bonuses will be between 50% and 250% of base salary if annual performance goals are achieved, which may include company performance measures and individual goals that will be determined in the first quarter of every fiscal year. The annual bonus may be paid in cash, PSU’s or a combination of cash and PSU’s. If paid solely in cash only, the annual bonus will be between 50% and 100% of the base salary. If settled in part or in full in PSU’s, the annual bonus will be between 100% and 250% of the base salary. The NEO’s would be allowed to determine the makeup of the annual bonus. The Compensation Committee, to increase the short -termincentive payable for any given year in case of exceptional achievements. Termination Provisions The employment agreements for the NEOs will provide that if employment is terminated by the PubCo without “cause,” other than in connection with a change of control, the NEO will be entitled to severance consisting of (i)a lump sum equal to three years’ base salary plus target bonus; (ii)a pro -ratedportion of any annual bonus; (iii)continued medical, dental and vision coverage for up to 18 months;

180 (iv)any equity -basedcompensation awards, other than performance -basedequity awards, that are outstanding will continue to vest as if the executive was still employed; (v)any performance -basedequity awards will, to the extent the performance criteria are met, be earned at 100% of target, pro -ratedbased on the number of months executive worked during the performance period; and (vi)all outstanding retention awards will fully vest. If employment is terminated by the company without “cause” or by the executive for “good reason,” each in connection with a change in control, the executive will be entitled to receive severance consisting of (i)a lump -sumequal to two years’ base salary plus target bonus; (ii)