Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 1058

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 8
Chunk 1058
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 for issuance under the Incentive Plan, which is equal to 15% of the aggregate number of shares of CXApp common stock issued and outstanding immediately after the Closing (giving effect to the redemptions). This description is qualified in its entirety by reference to the text of the Incentive Plan, a copy of which is attached hereto as Exhibit 10.7 and also is incorporated herein by reference.

Director Compensation

The following table provides certain summary information concerning compensation awarded to, earned by or paid to our Directors in the year ended December 31, 2024, except Khurram Sheikh whose aggregate compensation information has been disclosed above.

    Name

        Fees Earned
        or paidin cash
        ($)

        Option
        Awards
        ($)

    RestrictedStock Units($)(1)

    Non-equityIncentive plancompensation($)

    Nonqualifieddeferredcompensationearnings$

    All OtherCompensation($)

    Total($)

    Camillo Martino
     
    $
    25,000

    $
    -

    $
    200,001

    $
    -

    $
    -

    $
    -

    $
    225,001

    Di-Ann Eisnor
     
    $
    25,000

    $
    -

    $
    200,001

    $
    -

    $
    -

    $
    -

    $
    225,001

    Shanti Priya
     
    $
    25,000

    $
    -

    $
    200,001

    $
    -

    $
    -

    $
    -

    $
    225,001

    George Mathai
     
    $
    25,000

    $
    -

    $
    200,001

    $
    -

    $
    -

    $
    -

    $
    225,001

    (1)
    The fair value of director restricted stock unit granted are valued using the closing price of the Company’s common stock on the date of grant. 

Directors are entitled to reimbursement of ordinary and reasonable expenses incurred in exercising their responsibilities and duties as a director.

On August 26, 2024, the Board decided to maintain the current compensation structure and approved a grant of $200,000 restricted stock units to each director.

69

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table sets forth the beneficial ownership of our