Company: FLDDW
Filing Date: 2025-01-14
Form Type: S-4/A
Source: 0001213900-25-003167
Chunk: 412

Company: Fold Holdings, Inc.
Filing Date: 2025-01-14
Form: S-4/A
Chunk 412
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ing and discussing with management New Fold’s disclosures under the caption “Compensation Discussion and Analysis” in New Fold’s periodic reports or proxy statements to be filed with the SEC, to the extent such caption is included in any such report or proxy statement; 257 •preparing an annual report on executive compensation that the SEC requires in New Fold’s annual proxy statement; •reviewing New Fold’s practices and policies for employee compensation as related to risk management and risk -takingincentives to determine if such compensation policies and practices are reasonably likely to have a material adverse effect on New Fold; •establishing and monitoring stock ownership guidelines for directors and executive officers of New Fold, if and as determined to be necessary or appropriate; •providing recommendations to the New Fold Board on compensation -relatedproposals to be considered at New Fold’s annual meeting of stockholders; •reviewing and discussing with management, if appropriate, the independence of and any conflicts of interest raised by the work of a compensation consultant, outside legal counsel, or advisor hired by the compensation committee or management and how such conflict is being addressed for disclosure in the appropriate filing or report; •annually reviewing and discussing with management New Fold’s human capital management practices with respect to its employees and, where applicable, independent contractors; •approving and modifying, as needed, clawback policies allowing New Fold to recoup improper compensation paid to employees; and •reviewing and evaluating on an annual basis the performance of the compensation committee and recommending such changes as deemed necessary with the New Fold Board. The composition and function of the compensation committee will comply with all applicable requirements of the Sarbanes -OxleyAct, SEC rules and regulations and Nasdaq listing rules. Nominating and Corporate Governance Committee New Fold’s nominating and corporate governance committee will consist of Mr.Young and Ms. Hill. Ms. Hill will serve as the chair of the nominating and corporate governance committee. The New Fold Board is expected to determine that each of the members of New Fold’s nominating and corporate governance committee will satisfy the independence requirements of Nasdaq. The functions of this committee include, among other things: •determining the qualifications, qualities, skills and other expertise required to be a director of New Fold, and developing and recommending to the New Fold Board for approval criteria to be considered in selecting nominees for director; •identifying, reviewing and making recommendations of candidates to serve on the New Fold Board, including incumbent directors for reelection; •evaluating the performance of the New Fold Board