Company: GIGGU
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0000950170-25-034611
Chunk: 195

Company: GigCapital7 Corp.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 195
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 Company’s 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; and

▪establishing policies for the hiring of employees and former employees of the independent registered public accounting firm.

Compensation Committee

We have established a compensation committee of the Board of Directors. The members of our Compensation Committee are Ms. Rogge and Ambassador Zuckerman, and Mr. Horowitz serves as Chairman of the compensation committee. We have adopted a compensation committee charter, which details the purpose and responsibility of the compensation committee, including:

▪reviewing the performance of the Chief Executive Officer and executive management;

▪assisting the Board of Directors in developing and evaluating potential candidates for executive positions (including Chief Executive Officer);

▪reviewing and approving goals and objectives relevant to the Chief Executive Officer and other executive officer compensation, evaluate the Chief Executive Officer’s and other executive officers’ performance in light of these corporate goals and objectives, and set Chief Executive Officer and other executive officer compensation levels consistent with its evaluation and the company philosophy;

▪approving the salaries, bonus and other compensation for all executive officers;

▪reviewing and approving compensation packages for new corporate officers and termination packages for corporate officers as requested by management;

▪reviewing and discussing with the Board of Directors and senior officers plans for officer development and corporate succession plans for the Chief Executive Officer and other senior officers;

▪reviewing and making recommendations concerning executive compensation policies and plans;

▪reviewing and recommending to the Board of Directors the adoption of or changes to the compensation of the Company’s directors;

▪reviewing and approving the awards made under any executive officer bonus plan, and provide an appropriate report to the Board of Directors;

▪reviewing and making recommendations concerning long-term incentive compensation plans, including the use of stock options and other equity-based plans, and, except as otherwise delegated by the Board of Directors, acting on as the “Plan Administrator” for equity-based and employee benefit plans;

▪approving all special perquisites, special cash payments and other special compensation and benefit arrangements for the Company’s executive officers and employees;

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▪reviewing periodic reports from management on matters relating to the Company’s personnel appointments and practices;

▪assisting management in complying with the Company’s proxy statement and annual report disclosure requirements;

▪issuing an annual report of the Compensation Committee on Executive Compensation for the Company’s annual proxy statement in compliance with applicable SEC rules and regulations