Company: BAYAU
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001641172-25-002125
Chunk: 661

Company: Bayview Acquisition Corp
Filing Date: 2025-04-01
Form: 10-K
Item: Item 5
Chunk 661
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 members of the compensation committee.

We
adopted a compensation committee charter, which details the principal functions of the compensation committee, including:

    ●
    reviewing
    and approving on an annual basis the corporate goals and objectives relevant to our Chief Executive Officer’s compensation,
    evaluating our Chief Executive Officer’s performance in light of such goals and objectives and determining and approving the
    remuneration (if any) of our Chief Executive Officer based on such evaluation;

    ●
    reviewing
    and approving on an annual basis the compensation of all of our other officers;

    ●
    reviewing
    on an annual basis our executive compensation policies and plans;

    ●
    implementing
    and administering our incentive compensation equity-based remuneration plans;

    ●
    assisting
    management in complying with our proxy statement and annual report disclosure requirements;

    ●
    approving
    all special perquisites, special cash payments and other special compensation and benefit arrangements for our officers and employees;

    ●
    if
    required, producing a report on executive compensation to be included in our annual proxy statement; and

    ●
    
    reviewing,
    evaluating and recommending changes, if appropriate, to the remuneration for directors.

Notwithstanding
the foregoing, as indicated above, other than reimbursement of expenses, no compensation of any kind, including finders, consulting or
other similar fees, will be paid to any of our existing shareholders, officers, directors or any of their respective affiliates, prior
to, or for any services they render in order to complete the consummation of a business combination although we may consider cash or
other compensation to officers or advisors we may hire subsequent to the IPO to be paid either prior to or in connection with our initial
business combination. Accordingly, it is likely that prior to the consummation of an initial business combination, the compensation committee
will only be responsible for the review and recommendation of any compensation arrangements to be entered into in connection with such
initial business combination.

The
charter also provides that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant,
legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such
adviser. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the
compensation committee will consider the independence of each such adviser, including the factors required by NASDAQ and the SEC.

Director
N