Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 299

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 299
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 annually review and approve the Company’s goals and objectives relevant to CEO compensation, evaluate the CEO’s performance in light of such goals and objectives and determine and approve the CEO’s compensation level based on this evaluation. •To review and approve any new equity compensation plan or any material change to an existing plan where stockholder approval has not been obtained. •To assist management in complying with Gryphon’s proxy statement and annual report disclosure requirements. •To implement and enforce the Company’s executive compensation clawback policy and related laws, rules and regulations, including determining what constitutes “incentive -basedcompensation” and, if a clawback is triggered due to a financial statement restatement, the amount of any clawback. The charter also provides that the compensation committee may select, retain and terminate independent legal counsel and other experts or consultants, as it deems appropriate, without seeking approval of the Gryphon Board or management, including the authority to approve the fees payable to such counsel, experts or consultants and any other term of retention. 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. Nominating and Corporate Governance Committee Gryphon has established a nominating and corporate governance committee of the Gryphon Board. The members of Gryphon’s nominating and corporate governance are Ms. Kaiser, Ms. Cox and Ms. Billingsley. Ms. Kaiser serves as chair of the nominating and corporate governance committee. Gryphon has adopted a nominating and corporate governance committee charter, which details the principal responsibilities of the nominating and corporate governance committee, including: •The identification, evaluation and recommendation of qualified candidates to become Gryphon Board members. •The oversight of the implementation of and monitoring compliance with the Company’s Code of Business Conduct (other than with respect to complaints regarding accounting or auditing issues). •Coordinating and overseeing Gryphon Board, committee and director evaluations. •Periodic review of the Company’s governance documents as appropriate. 165 The charter also provides that the nominating and corporate governance committee may, in its sole discretion, retain or obtain the advice of and terminate, any search firm to be used to identify director candidates and will be directly responsible for approving the search firm’s fees and other retention terms. Gryphon has not formally established any specific, minimum qualifications that must be met or skills that are necessary for directors to possess. In general, in identifying and evaluating nominees for director, the