Company: ORBS
Filing Date: 2025-09-12
Form Type: PRE 14A
Source: 0001493152-25-013280
Chunk: 15

Company: Eightco Holdings Inc.
Filing Date: 2025-09-12
Form: PRE 14A
Chunk 15
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 prevent a change of our management or a change in control of the Company. Subject to the special rights of the holders of one or more outstanding series of preferred stock to elect directors, our directors may be removed only for cause by the affirmative vote of the holders of at least a majority of our outstanding voting stock entitled to vote in the election of directors.

Director Independence

Nasdaq listing standards require that a majority of the Company’s board of directors be independent. An “independent director” is defined generally as a person other than an officer or employee of the Company or its subsidiaries or any other individual having a relationship that, in the opinion of the Company’s board of directors, would interfere with the director’s exercise of independent judgment in carrying out the responsibilities of a director. The board of directors has affirmatively determined that Frank Jennings, Louis Foreman, and Nicola Caiano qualify as independent directors in accordance with the Nasdaq listing rules.

Board Committees and Meetings

Our Board directs the management of our business and affairs, as provided by the DGCL, and conducts its business through meetings of the Board and standing committees. We have a standing Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. In addition, from time to time, special committees may be established under the direction of the Board when necessary to address specific issues.

Audit Committee

Pursuant to its charter, the primary responsibilities and functions of the Audit Committee are, among other things, to:

| ● | appoint,                                                     
 compensate, and oversee the work of any independent auditor; |

| ● | resolve                                                                                         
 any disagreements between management and the independent auditor regarding financial reporting; |

| ● | pre-approve                                                            
 all audit and permitted non-audit services by the independent auditor; |

| ● | retain                                                                                                                                  
 independent counsel, accountants, or other advisors or consultants to advise and assist the Audit Committee in carrying out its duties, 
 without needing to seek approval for the retention of such advisors or consultants from the Board, and determine the appropriate        
 compensation for any such advisors or consultants retained by the Audit Committee;                                                      |

| ● | seek                                                                                                                                    
 any information it requires from employees of the Company or any direct or indirect subsidiary of the Company, all of whom are directed 
 to cooperate with the Audit Committee’s requests, or external parties;                                                                  |

| ● | meet                                                                                                                                  
 with any officer or employee of the Company (or any subsidiary), the independent auditor or outside counsel, as necessary, or request 
 that any such persons meet with any members of, or