Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 135

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 135
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 fraud against Terra or any of its affiliates; willful and material breach 
 of the executive’s duties that has not been cured within 30 days after written               
 notice from Terra of such breach; intentional and material damage to Terra’s or any          
 of its affiliates’ property; material violation of any policy of Terra or any of its         
 affiliates or material breach by the executive of his Employee Proprietary Information and   
 Inventions Assignment Agreement with Terra; and                                              |

| (ii) | “good                                                                                            
 reason” is defined as a material diminution of executive’s aggregate compensation,               
 including, without limitation, base salary, annual bonus opportunity, and equity incentive       
 compensation opportunities (other than a base salary, annual bonus opportunity, or equity        
 compensation opportunity reduction of not more than 20% applicable to all similarly situated     
 employees); a material diminution of executive’s authority, duties or responsibilities;          
 or any other action or inaction that constitutes a material breach by Terra of the agreement     
 under which the executive provides services (e.g., failure of successor to assume the employment 
 agreement or breach of same).                                                                    |

The employment agreements
also provide that, regardless of whether the NEO’s employment is terminated, if there is a change in control and

| (i) | if                                                                                 
 the successor does not assume Terra’s annual incentive plan, the annual bonus will 
 be paid in the amount of the target bonus;                                         |

| (ii) | if                                                                                           
 the successor does not assume any outstanding retention awards, then such awards will become 
 immediately fully vested;                                                                    |

| (iii) | if                                                                                             
 the successor does not assume the equity compensation plan in which the executive participates 
 or grant comparable awards in substitution of the outstanding awards under any such plan,      
 then any outstanding equity-based compensation awards granted to the executive under such      
 plan, other than performance-based equity awards, will become immediately fully vested, and    
 any performance-based equity awards will immediately vest assuming target performance.         |

<div align='center'>82</div>

Board Fees Payable in Cash

NEOs who are also directors
of Terra will receive no additional compensation for serving on the Board of Directors. It is anticipated that non-executive directors
will receive the following compensation and other benefits:

| ● | The                                                                                         
 Chairperson of the Board, who will be a non-executive director, will receive an annual base 
 fee for services in the amount of $120,000;                                                 |

| ● | Annual                                                                                          
 Base Fees for Services by all