Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 508

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1C
Chunk 508
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 any of their respective affiliates, prior to completion of our Business Combination.

After the completion of our Business Combination, directors or members
of our 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 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 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.

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We do not intend to take any action to ensure that members of our team
maintain their positions with us after the consummation of our Business Combination, although it is possible that some or all of our executive
officers and directors may negotiate employment or consulting arrangements to remain with us after our Business Combination. The existence
or terms of any such employment or consulting arrangements to retain their positions with us may influence our team’s motivation
in identifying or selecting a target business but we do not believe that the ability of our team to remain with us after the consummation
of our Business Combination will be a determining factor in our decision to proceed with any potential Business Combination. We are not
party to any agreements with our executive officers and directors that provide for benefits upon termination of employment.

Committees of the Board of Directors

Our board of directors have three standing committees: an audit committee,
a nominating committee and a compensation committee.

Subject to phase-in rules and a limited exception, the rules of Rule
10A-3 of the Exchange Act require that the audit committee of a listed company be comprised solely of independent directors. Each committee
will operate under a charter that has been approved by our board and will have the composition and responsibilities described below. The
charter of each committee is available on our website.

Audit Committee

Heiko Faass, Nicole Schepanek and Bob Stefanowski will serve as members
of our audit committee. Our board of directors has determined that each