Company: VHC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015742
Chunk: 26

Company: VirnetX Holding Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 26
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 Act. Our compensation committee met five times in 2024. Responsibilities, Processes and Procedures Our compensation committee’s responsibilities and primary processes for establishing and overseeing executive compensation include, among other things:

| • | exclusive authority to determine the amount and form of compensation paid to the Company’s Chief Executive Officer; |

| • | determining the amount and form of compensation paid to the Company’s executive officers, officers, employees, consultants and advisors; |

| • | administering our equity incentive plans; |

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| • | engaging, compensating and terminating compensation consultants, legal counsel and such other advisors to assist the compensation committee; |

| • | reviewing and discussing with management to Company’s proposed disclosure under “Compensation Discussion and Analysis” as set forth in Regulation S-K and recommending to the Board whether such disclosure should be included in the Company’s public filings, as applicable; |

| • | preparing the compensation committee report that the SEC requires in our annual proxy statement, as applicable; |

| • | recommending the compensation of non-employee directors to the Board; |

| • | making regular reports to the Board with respect to significant actions and determinations made by the compensation committee; and |

| • | reviewing, approving and administering, including the adoption, amendment or termination of, the Company’s compensation recovery policy (“Clawback Policy”). |

Our Chief Executive Officer generally attends compensation committee meetings and makes recommendations to our compensation committee regarding the amount and form of the compensation of the other executive officers and key employees. He is not present for any of the executive sessions or for any decisions regarding his own compensation. Except with respect to determining the Chief Executive Officer’s compensation, the compensation committee may delegate its authority to a subcommittee thereof and, to the extent permitted by applicable law, the compensation committee may delegate to officers or appropriate supervisory personnel the authority to grant stock awards to non-executive, non-director employees. A more detailed description of our compensation committee’s functions can be found in our compensation committee charter at https://ir.virnetx.com/ under the “Investors” tab in the “Corporate Governance” subcategory, or by writing to us at VirnetX Holding Corporation, P.O. Box 439, Zephyr Cove, Nevada 89448 (Attention: Investor Relations). Compensation Committee Interlocks and Insider Participation In 2024, Messrs. Angelo, Feiner and O’Brien served as members of our compensation committee. No member of our compensation committee was an officer or employee of VirnetX in