Company: CUB
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001013762-25-001006
Chunk: 1052

Company: Lionheart Holdings
Filing Date: 2025-03-21
Form: 10-K
Item: Item 9B
Chunk 1052
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 of whom must be independent. Messrs. Hawkins, Meltzer, and Sheriff are each 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 c Chief Executive Officer’s 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 executive officers and employees;

●producing
                                            a report on executive compensation to be included in our annual proxy statement;

●reviewing,
                                            evaluating and recommending changes, if appropriate, to the remuneration for directors; and

●advising
                                            the Board and any other Board committees if the clawback provisions of the SEC Clawback Rule
                                            are triggered based upon a financial statement restatement or other financial statement change
                                            and perform any other tasks required of it by the Clawback Policy (as defined below), with
                                            the assistance of Management and to the extent that our securities continue to be listed
                                            on an exchange and subject to the SEC Clawback Rule.

The
charter of the Compensation Committee also provides that the Compensation Committee may, in its sole discretion, retain or obtain the
advice of a compensation consultant, legal counsel or other adviser and will be directly responsible for the appointment, compensation
and oversight of the work of any such adviser. 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.

31

Director
Nominations

We do not have a standing nominating committee though we intend to
form a corporate governance and nominating committee as and when required to do so by law or