Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 332

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 332
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 for the third class of directors consisting of Yuquan Wang and Ray Chen,
will expire at the third annual meeting of stockholders.

Prior to the completion
of an initial business combination, any vacancy on the board of directors may be filled by a nominee chosen by holders of a majority of
our founder shares. In addition, prior to the completion of an initial business combination, holders of a majority of our founder shares
may remove a member of the board of directors for any reason.

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Our officers are
appointed by the board of directors and serve at the discretion of the board of directors, rather than for specific terms of office. Our
board of directors is authorized to nominate persons to the offices set forth in our amended and restated certificate of incorporation
as it deems appropriate. Our amended and restated certificate of incorporation provides that our officers may consist of one or more chairman
of the board of directors, chief executive officer, president, chief financial officer, vice presidents, secretary, treasurer and such
other offices as may be determined by the board of directors.

Executive Officer and Director Compensation

None of our officers
has received any cash compensation for services rendered to us. Commencing on the date of our Initial Public Offering, we have agreed
to pay an affiliate of our sponsor a total of $10,000 per month for office space, utilities and secretarial and administrative support.
Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Other than as set forth
above, no compensation of any kind, including any finder’s fee, reimbursement, consulting fee or monies in respect of any payment
of a loan, will be paid by us to our sponsor, officers, directors or any affiliate of our sponsor, officers or directors, prior to, or
in connection with any services rendered in order to effectuate, the consummation of our initial business combination (regardless of the
type of transaction that it is). Our officers and directors will be reimbursed for any out-of-pocket expenses incurred in connection with
activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations.
Our audit committee will review on a quarterly basis all payments that were made to our sponsor, officers, directors, or our or their
affiliates. Any such payments prior to an initial business combination will be made using funds held outside the Trust Account. Other
than quarterly audit committee review of such payments, we do not expect to have any additional controls in