Company: NHICW
Filing Date: 2025-01-17
Form Type: S-1/A
Source: 0001213900-25-004337
Chunk: 251

Company: NewHold Investment Corp. III
Filing Date: 2025-01-17
Form: S-1/A
Chunk 251
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 advisor or otherwise in connection with our initial business combination and certain other transactions and pay such person or entity a salary or fee in an amount that constitutes a market standard for comparable transactions; •Reimbursement for any out -of -pocketexpenses related to identifying, investigating, negotiating and completing an initial business combination; and •Repayment of loans which may be made by our sponsor or an affiliate of our sponsor or certain of our officers and directors to finance transaction costs in connection with an intended initial business combination. Up to $1,500,000 of such loans may be convertible into private units of the post -businesscombination entity at a price of $10.00 per unit at the option of the applicable lender. Such units would be identical to the private units. Except for the foregoing, the terms of such loans, if any, have not been determined and no written agreements exist with respect to such loans. In addition to the foregoing, our officers and directors will receive indirect interests in the founder shares held by the sponsor as compensation for their services as officers and directors of the Company. Our Chief Executive Officer, Mr.Charlton, will receive an indirect interest in [_] founder shares through membership interests in our sponsor, our Chief Financial Officer, Ms. Schneck, will receive an indirect interest in [_] founder shares through membership interests in our sponsor, our President and Chief Operating Officer, Mr.Hammad, will receive an indirect interest in [_] founder shares through membership interests in our sponsor and our Director and Special Advisor, Mr.Baynes -Reid, will receive an indirect interest in [_] founder shares through membership interests in our sponsor. In addition, our independent directors will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor. Mr.Sullivan will receive an indirect interest in [_] founder shares through membership interests in our sponsor, Mr.Horlock will receive an indirect interest in [_] founder shares through membership interests in our sponsor, Ms. Teharian will receive an indirect interest in [_] founder shares through membership interests in our sponsor, Mr.Mathis will receive an indirect interest in [_] founder shares through membership interests in our sponsor, Mr.Yerbic will receive an indirect interest in [_] founder shares through membership interests in our sponsor, and Mr.Scharfman will receive an indirect interest in [_] founder shares through membership interests in our sponsor. After the completion of our initial business combination, directors or members of our management team who remain with us may be paid consulting or management fees