Company: CHPG
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-002932
Chunk: 209

Company: ChampionsGate Acquisition Corp
Filing Date: 2025-03-27
Form: S-1/A
Chunk 209
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 may be required to present such business combination opportunity to such entity, subject to his or her fiduciary duties under the Cayman Islands law, prior to presenting such business combination opportunity to us. Most of our officers and directors currently have certain pre -existingfiduciary duties or contractual obligations. Additionally, our CEO Mr. Padmakumar, is Chairman and a director of Four Leaf Acquisition Corporation (Nasdaq: FORL), a SPAC in search of target. Mr. Padmakumar owns fiduciary duties to the SPAC under Delaware general corporate law. Number, Terms of Office and Appointment of Directors and Officers Our board of directors consists of five members. Our board of directors is divided into three classes, with only one class of directors being elected in each year, and with each class (except for those directors appointed prior to our first annual meeting of shareholders) serving a three -yearterm: Class I, with a term expiring at the first annual general meeting — David Mao; Class II, with a term expiring at the second annual general meeting — William W. Snyder and Robert H. Grigsby; and Class III, with a term expiring at the third annual general meeting — Bala Padmakumar and Evan M. Graj. Prior to the completion of an initial business combination, any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the meeting of our board of directors or by a majority of the holders of our insider shares. After completion of the business combination, subject to any other special rights applicable to the shareholders, any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the meeting of our board of directors or by a majority of the holders of our ordinary shares. 124 Our officers are appointed by the board of directors and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of directors is authorized to appoint persons to the offices set forth in our second amended and restated memorandum and articles of association as it deems appropriate. Our second amended and restated memorandum and articles of association provide that our officers may consist of a Chairman, a Chief Executive Officer, a President, a Chief Operating Officer, a Chief Financial Officer, Vice Presidents, a Secretary, Assistant Secretaries, a Treasurer and such other offices as may be determined by the board of directors. Executive Officer and Director Compensation We have offered to and our Chairman and CEO has