Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 280

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 280
---
 terms and conditions of restricted stock units including the vesting criteria (which may include accomplishing specified performance criteria or continued service to us or members of the Company
Group or both) and the form and timing of payment. The Administrator will have the discretion to accelerate the time at which any restrictions will lapse or be removed and to settle earned restricted stock units in cash, shares, or a combination of
both.

The award agreement may provide participants with a right to receive dividend equivalents with respect to their restricted stock
units. Such dividend equivalents may be paid in cash or in shares of our common stock may be subject to the same vesting conditions applicable to the restricted stock units.

Other Stock-Based Awards

The
Administrator may grant other stock-based awards under the Equity Incentive Plan pursuant to terms and conditions established by the Administrator and set forth in the award agreement. The Administrator will have the discretion to settle other
stock-based award in the form of cash, shares of Pubco common stock, or a combination of both.

Non-Transferabilityof Awards

Unless the Administrator provides otherwise, the Equity Incentive Plan generally does not allow awards under the Equity Incentive Plan to be
sold, transferred, assigned, pledged or otherwise encumbered by the participant either voluntarily or by operation of law, except by will or the laws of descent and distribution. Any unauthorized transfer will be void.

163

Merger or Change in Control

The Equity Incentive Plan provides that if there is a “change in control” (as defined under the Equity Incentive Plan) of Pubco and
the awards under the Equity Incentive Plan are not continued, converted, assumed or replaced with substantially similar awards by Pubco or the successor entity or its parent and provided that the participant has not terminated service prior to such
change in control, then immediately prior to such change in control, such awards shall become fully vested, exercisable and/or payable, as applicable, and forfeiture, repurchase and other restrictions on such awards shall lapse. Each such award
shall be cancelled upon the consummation of such change in control each such outstanding award will be cancelled of such change in control in exchange for the change in control consideration payable to other holders of common stock with respect to
the shares of common stock underlying such award (net of any applicable exercise price). Such change in control consideration may be payable on the same terms and conditions applicable to other holders of our common stock or on such terms and
conditions as the Administrator may provide. To the extent