Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 371

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 371
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 aggregate of US$0.3 million in cash and benefits to its executive officers as a group and we did not pay any compensation to our non -executivedirectors. World Media and Entertainment Universal Inc. has not set aside or accrued any amount to provide pension, retirement or other similar benefits to its executive officers. World Media and Entertainment Universal Inc. PRC subsidiaries are required by law to make contributions equal to certain percentages of each employee’s salary for his or her pension insurance, medical insurance, unemployment insurance, work -relatedinjury insurance and maternity insurance and other statutory benefits, and a housing provident fund. For information regarding share awards granted to World Media and Entertainment Universal Inc. directors and executive officers, see the section entitled “— Share Incentive Plan.” Employment Agreements and Indemnification Agreements Each of the executive officers is party to an employment agreement with World Media and Entertainment Universal Inc.. Under these agreements, the employment of each of executive officers is for a specified time period, and may be terminated for cause, at any time and without advance notice or compensation, for certain acts of the executive officer, such as conviction or plea of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our detriment, or misconduct or a failure to perform agreed duties. In such case of termination, World Media and Entertainment Universal Inc. will provide severance payments to the relevant executive officer as expressly required by applicable law of the jurisdiction where the executive officer is based. The employment may also be terminated without cause upon three -monthadvance written notice. The executive officer may resign at any time with three -monthadvance written notice. Each executive officer of World Media and Entertainment Universal Inc. has agreed to hold, both during and after the termination or expiry of his or her employment agreement, in strict confidence and not to use, except as required in the performance of his or her duties in connection with the employment or pursuant to applicable law, any confidential information of aWME or trade secrets, any confidential information or trade secrets of aWME’s customers or prospective customers, or the confidential or proprietary information of any third party received by aWME and for which aWME has confidential obligations. The executive officers have also agreed to disclose in confidence to aWME all inventions, designs, and trade secrets which they conceive, develop, or reduce to practice during the executive officer’s employment with aWME and to assign all right, title, and interest in them to aWME, and assist aW