Company: GIGGU
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001193125-25-277896
Chunk: 359

Company: GigCapital7 Corp.
Filing Date: 2025-11-12
Form: S-4
Chunk 359
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 be removed.

Performance Awards

Performance awards may be granted under the New Equity Incentive Plan. Performance awards are awards that may be earned in whole or in part on the attainment of performance goals or other vesting criteria that the committee may determine, and that may be denominated in cash or stock. Each performance award will have an initial value that is determined by the committee. Subject to the terms and conditions of the New Equity Incentive Plan, the committee determines the terms and conditions of performance awards, including any vesting criteria and form and timing of payment. The committee may set vesting criteria based upon the achievement of company-wide, divisional, business unit, or individual goals (including continued employment or service), applicable federal or state securities laws or any other basis determined by the committee in its discretion. The committee, in its sole discretion, may pay earned performance awards in the form of cash, shares, or a combination of both. Notwithstanding the foregoing, the committee, in its sole discretion, may accelerate the time at which any restrictions will lapse or be removed.

Non-EmployeeDirector Compensation Limits

All non-employee directors will be eligible to receive all types of awards (except for incentive stock options) under the New Equity Incentive Plan. The New Equity Incentive Plan provides that in any given calendar year of**

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**Domesticated GigCapital7, no outside director may be granted any equity awards (including equity awards under the New Equity Incentive Plan) and be provided any other cash compensation (including any cash retainers and fees) with grant date fair values that in the aggregate exceed $1,500,000, provided that in the calendar year of the individual’s initial service as a non-employee director, such amount is increased to $2,000,000. For the purposes of this maximum limit provision, the grant date fair values of awards granted under the New Equity Incentive Plan will be determined according to the grant date value for financial reporting purposes. Any awards or other compensation provided to an individual for his or her services as an employee or a consultant (other than an outside director), or before the Closing, will not count toward this limit. This maximum limit provision does not reflect the intended size of any potential grants or a commitment to make grants to the outside directors under the New Equity Incentive Plan in the future.

Non-Transferabilityof Awards

Unless the committee provides otherwise, the New Equity Incentive Plan generally will not allow for