Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 237

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 237
---
 | Francis Chi-Yin Ng (Co-Chief Executive Officer) – 200,000 founder shares |
| ● | Chibo Tang (Co-Chief Executive Officer) – 200,000 founder shares         |
| ● | Menghan Zhang (Chief Financial Officer) – 100,000 founder shares         |
| ● | Chun Kit Chu (Chief Marketing Officer) – 100,000 founder shares          |
| ● | Tok Li (Chief Legal Officer) – 100,000 founder shares                    |
| ● | Tsz Chiu Guan (Chief Operating Officer) – 10,000 founder shares          |

<div align='center'>153</div>

After the completion of our initial business combination, directors or members of our management team who remain with us may be paid consulting, management or other fees from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the tender offer materials or proxy solicitation materials furnished to our shareholders in connection with a proposed business combination. It is unlikely the amount of such compensation will be known at the time such materials are distributed, because the directors of the post-combination business will be responsible for determining officer and director compensation. Any compensation to be paid to our officers will be determined by a compensation committee constituted solely by independent directors or by a majority of the independent directors on our board of directors.

We do not intend to take any action to ensure that members of our management team maintain their positions with us after the consummation of our initial business combination, although it is possible that some or all of our officers and directors may negotiate employment or consulting arrangements to remain with us after the initial business combination. The existence or terms of any such employment or consulting arrangements to retain their positions with us may influence our management’s motivation in identifying or selecting a target business but we do not believe that the ability of our management to remain with us after the consummation of our initial business combination will be a determining factor in our decision to proceed with any potential business combination. We are not party to any agreements with our officers and directors that provide for benefits upon termination of employment.

Committees of the Board of Directors

Upon the effective date of the registration statement of which this prospectus forms a part, our board of directors will have three standing committees: an audit committee, a compensation committee and a nominating and corporate governance committee. Each committee will operate under a charter that has been approved by our board and will have the composition and responsibilities described below. We will file copies