Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 82

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 1
Chunk 82
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 registered public accounting firm, and our legal advisors, as appropriate, any legal, regulatory
    or compliance matters, including any correspondence with regulators or government agencies and any employee complaints or published
    reports that raise material issues regarding our financial statements or accounting policies and any significant changes in accounting
    standards or rules promulgated by the FASB, the SEC or other regulatory authorities.

Compensation
Committee

Matt
Schindel and M. Joseph Beck serve as the members and Matt Schindel serves as chair of the Compensation Committee. Under the Nasdaq
Rules, all the directors on the Compensation Committee must be independent.

We
have adopted a charter of the Compensation Committee, 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 making recommendations to our Board of Directors with respect to the compensation, and any incentive compensation and equity
    based plans that are subject to Board approval of all of our other officers; 

    ●
     reviewing
    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;

    ●
    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. 

44

Notwithstanding
the foregoing, as indicated above, other than (i) the payment to our Sponsor of up to $10,000 per month pursuant to the Administrative
Services Agreement for office space, utilities, salaries or other cash compensation paid to consultants to our Sponsor, secretarial and
administrative support, other expenses, (ii) obligations of our Sponsor and reimbursement of expenses and (iii) the payment of an aggregate
of $20,500 and $22,00 to our Chief Financial Officer, for services provided to us