Company: AIRJW
Filing Date: 2025-05-16
Form Type: POS AM
Source: 0001213900-25-044504
Chunk: 108

Company: AirJoule Technologies Corp.
Filing Date: 2025-05-16
Form: POS AM
Chunk 108
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 Director Compensation In June 2024, the Board approved a one-time cash payment of $50,000 to Mr. Dabbar and granted a one-time equity award to Mr. Dabbar with a target value of $108,000, granted 50% in the form of restricted stock units and 50% in the form of stock options. In addition, on June 6, 2024, our Board adopted the Non-Employee Director Compensation Program, which is designed to provide competitive compensation necessary to attract and retain high quality non-employee directors and to encourage ownership of AirJoule stock to further align their interests with those of our stockholders. The Non-Employee Director Compensation Program provides the following compensation for eligible non-employee directors: Cash compensation

| ● | An annual cash retainer of $50,000 for each non-employee 
 director                                                 |

| ● | An additional annual cash retainer for serving as a committee                                                                
 chair in the following amounts: (i) $15,000 for the Audit Committee chair, (ii) $10,000 for the Compensation Committee chair 
 and (iii) $10,000 for the Nominating and Corporate Governance Committee chair                                                |

Annual cash retainers are paid in quarterly installments in arrears and pro-rated for any partial calendar quarter of service. Equity compensation

| ● | An annual equity award with a target value of $108,000, granted                                                                        
 50% in the form of restricted stock units and 50% in the form of stock options, in each case, to be granted on the date of each annual 
 or special meeting of the Company’s stockholders, eligible to vest in full on the earlier to occur of (i) the one year anniversary     
 of the applicable grant date and (ii) the date preceding the next annual meeting of the Company’s stockholders following the           
 grant date, subject to the applicable non-employee director’s continued service through the applicable vesting date.                   |

If a non-employee director is first appointed or elected on a date other than the date of an annual or special meeting of the Company’s stockholders, such director will be granted an equity award with a target value pro-rated for any partial year of service. Each annual equity award granted under our Non-Employee Director Compensation Program will vest (and become exercisable, as applicable) in full (i) immediately prior a “change in control” of the Company (as defined in the Incentive Plan, or similar term as