Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 239

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 239
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 our initial business combination and certain other transactions and pay such person or entity a salary or fee in an amount that constitutes 
 a market standard for comparable transactions;                                                                                              |

| · | Reimbursement for any out-of-pocket expenses related to identifying, investigating, negotiating and completing 
 an initial business combination; and                                                                           |

| · | Repayment of loans which may be made by our sponsor or an affiliate of our sponsor or certain of our officers                            
 and directors to finance transaction costs in connection with an intended initial business combination. Up to $1,500,000 of such loans   
 may be convertible into private placement warrants of the post-business combination entity at a price of $1.00 per warrant at the option 
 of the lender. Such warrants would be identical to the private placement warrants. Except for the foregoing, the terms of such loans,    
 if any, have not been determined and no written agreements exist with respect to such loans.                                             |

After the completion of our initial business combination,
directors or members of our management team who remain with us may be paid consulting or management fees from the combined company. All
of these fees will be fully disclosed to shareholders, to the extent then known, in the proxy solicitation materials or tender offer materials
furnished to our shareholders in connection with a proposed initial business combination. We have not established any limit on the amount
of such fees that may be paid by the combined company to our directors or members of management. It is unlikely the amount of such compensation
will be known at the time of the proposed initial business combination, because the directors of the post-combination business will be
responsible for determining executive officer and director compensation.

Any compensation to be paid to our executive officers
will be determined, or recommended to the board of directors for determination, either 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
our 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