Company: MACIW
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001410578-25-000412
Chunk: 7

Company: Melar Acquisition Corp. I/Cayman
Filing Date: 2025-03-21
Form: 10-K
Item: Item 11E
Chunk 7
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 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.