Company: CCIXW
Filing Date: 2025-12-05
Form Type: S-4/A
Source: 0001193125-25-309933
Chunk: 865

Company: Churchill Capital Corp IX/Cayman
Filing Date: 2025-12-05
Form: S-4/A
Chunk 865
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 of, and in proportion with, Triggering Event I, Triggering Event II, or Triggering Event III, if and as applicable, during the Earnout Period, subject to the recipient’s continued status as a Service Provider through the date of the applicable Triggering Event. The restricted stock units granted from the Post-Closing RSU Pool shall be subject to such other terms and conditions as approved following the Closing by the Administrator and set forth in individual Award Agreements (each as defined in the Equity Incentive Plan) including, without limitation, applicable time-based vesting conditions that may continue after the occurrence of any Triggering Event. For the avoidance of doubt, any restricted stock units granted from the Post-Closing RSU Pool that vest as a result of the occurrence of a Triggering Event (assuming, for these purposes, that such restricted stock units satisfied any applicable time-based vesting conditions as of the date of a Triggering Event) in accordance with the terms thereof shall be deducted from the aggregate number of Earnout Shares issued upon the occurrence of such Triggering Event in accordance with the Pro Rata Share and related calculations required by‎Section 3.06 and shall not, under any circumstances, cause the number of Earnout Shares issued under and pursuant to this Agreement to exceed the amount set forth in‎Section 3.06.

<div align='center'>Article 10

Conditions to Obligations</div>

Section 10.01.Conditions to Obligations of All Parties. The obligations of the Parties to consummate, or cause to be consummated, the Transactions are subject to the satisfaction of the following conditions, any one or more of which may be waived (if legally permitted) in writing by all of such Parties:

(a)Regulatory Approvals. The applicable waiting period(s) under the HSR Act in respect of the Transactions (and any extension thereof, or any timing agreements, understandings or commitments obtained by request or other action of the U.S. Federal Trade Commission and/or the U.S. Department of Justice, as applicable) shall have expired or been terminated.

(b)No Injunction or Restraints. No Governmental Authority having jurisdiction over any Party or the Transactions shall have issued any Governmental Order preventing, materially restraining, enjoining or otherwise prohibiting the consummation of the transactions contemplated by this Agreement and no Law shall have been enforced that prevents or materially restrains the consummation of the Transactions.

(c)Net Tangible Assets. SPAC shall have at least $5