Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 147

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 147
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 compliance matters, including any correspondence with regulators
    or government agencies and any employee complaints or published reports that raise material issues regarding our financial statements
    or accounting policies and any significant changes in accounting standards or rules promulgated by the Financial Accounting Standards
    Board, the SEC or other regulatory authorities.

  78 

Compensation
Committee

Prior
to the consummation of the IPO, we established a compensation committee of the board of directors. Wei Lu, John DeVito and Guohan Li
serve as members of our compensation committee, with Wei Lu serving as the chairman of the compensation committee. Under the NASDAQ listing
standards and applicable SEC rules, we are required to have at least two members of the compensation committee, all of whom must be independent,
subject to certain phase-in provisions. Each such person meets the independent director standard under NASDAQ listing standards applicable
to members of the compensation committee.

We
adopted a compensation committee charter, which details the principal functions of the compensation committee, including:

    ●
    reviewing
    and approving on an annual basis the corporate goals and objectives relevant to our Chief Executive Officer’s compensation,
    evaluating our Chief Executive Officer’s performance in light of such goals and objectives and determining and approving the
    remuneration (if any) of our Chief Executive Officer based on such evaluation;

    ●
    reviewing
    and approving on an annual basis the compensation of all of our other officers;

    ●
    reviewing
    on an annual basis our executive compensation policies and plans;

    ●
    implementing
    and administering our incentive compensation equity-based remuneration plans;

    ●
    assisting
    management in complying with our proxy statement and annual report disclosure requirements;

    ●
    approving
    all special perquisites, special cash payments and other special compensation and benefit arrangements for our officers and employees;

    ●
    if
    required, producing a report on executive compensation to be included in our annual proxy statement; and

    ●
    
    reviewing,
    evaluating and recommending changes, if appropriate, to the remuneration for directors.

Notwithstanding
the foregoing, as indicated above, other than reimbursement of expenses, no compensation of any kind, including finders, consulting or
other similar fees, will be paid to any of our existing shareholders, officers, directors or any of their respective affiliates, prior
to, or for any services they render in order to complete the consummation of a business combination although we may consider cash