Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 498

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 2
Chunk 498
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Executive
Compensation

None
of our officers or directors has received any cash compensation for services rendered to us. Other than as described above and elsewhere
in this Form 10-K, no compensation of any kind, including finder’s and consulting fees, will be paid to our founders or any of
their respective affiliates, for services rendered prior to or in connection with the completion of our initial business combination
although we may consider cash or other compensation to officers or advisors we may hire subsequent to the IPO to be paid either prior
to or in connection with our initial business combination. In addition, our officers, directors or any of their respective affiliates
will be reimbursed for any out-of-pocket expenses incurred in connection with activities on our behalf such as identifying potential
target businesses and performing due diligence on suitable business combinations. Our audit committee will review on a quarterly basis
all payments that were made to our founders or their affiliates.

After
the completion of our initial business combination, directors or members of our management team who remain with us may be paid consulting
or management fees from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in
the tender offer materials or proxy solicitation materials furnished to our shareholders in connection with a proposed business combination.
We have not established any limit on the amount of such fees that may be paid by the combined company to our directors or members of
management. It is unlikely the amount of such compensation will be known at the time of the proposed business combination, because the
directors of the post-combination business will be responsible for determining officer and director compensation. Any compensation to
be paid to our officers will be determined, or recommended to the board of directors for determination, either by a compensation committee
constituted solely by independent directors or by a majority of the independent directors on our board of directors.

Following
a business combination, to the extent we deem it necessary, we may seek to recruit additional managers to supplement the incumbent management
team of the target business. We cannot assure you that we will have the ability to recruit additional managers, or that additional managers
will have the requisite skills, knowledge or experience necessary to enhance the incumbent management.

  83 

    Item
    12.
    Security
    Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters

Unless
otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all Ordinary
Shares beneficially owned by