Company: SWAGW
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001213900-25-062961
Chunk: 28

Company: Stran & Company, Inc.
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 28
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 indemnification and right to be paid by the Company the expenses incurred in defending any proceeding in
advance to its disposition, to any employees in their capacity as officer, director, employee or agent of the Company, any of the directors
of the Company and any of the Company’s executive officers to the fullest extent of the provisions of the Bylaws.

In addition, the Compensation Committee may usereasonable amounts of time of the Company’s independent accountants, outside
lawyers and other internal staff to assist and advise the Committee in connection with its responsibilities. The Committee must keep the
Company’s Chief Financial Officer, or person performing an equivalent function, informed as to the general range of anticipated
expenses for outside consultants.

The Compensation Committee
also periodically evaluates and makes recommendations to the Board concerning the total compensation package for directors, including
fees, reimbursable expenses, and equity compensation.

The CompensationCommittee’s members are Mark Charles Adams, Alan Chippindale, and Sarah L. Cummins, with Mr. Chippindale serving
as the chairman. The Board has determined that each of the Compensation Committee’s members satisfies the “independence”
requirements of Nasdaq Listing Rule 5605(d)(2)(A). In making this determination with respect to Mr. Chippindale and Ms. Cummins, the Board
considered the transactions described under “Certain Relationships and Related Transactions – Transactions with Non-Employee Director Affiliates – Transactions with Engage and Excel (Alan Chippindale)” and “Certain Relationships and Related Transactions – Transactions with Non-Employee Director Affiliates – Transactions with Kapstone Partners, LLC (Sarah L. Cummins)”,
respectively.

Nominating and Corporate Governance Committee

The Nominating and Corporate
Governance Committee is responsible for, among other things: (i) identifying and evaluating individuals qualified to become members of
the Board by reviewing nominees for election to the Board submitted by stockholders and recommending to the Board director nominees for
each annual meeting of stockholders and for election to fill any vacancies on the Board; (ii) advising the Board with respect to Board
organization, desired qualifications of Board members, the membership, function, operation, structure and composition of committees (including
any committee authority to delegate to subcommittees), and self-evaluation and policies; (iii) advising on matters relating to corporate
governance and monitoring developments in the law and practice of corporate governance; and (iv) approving any related-party transactions.

The Nomin