Company: VEEAW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032215
Chunk: 608

Company: VEEA INC.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 608
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 participate in the 401(k) plan on the same terms as other full-time employees. We
do not maintain any other retirement or separation benefits for our named executive officers. 

Director
Compensation

The
following table provides information for the compensation of our non-employee directors for the fiscal year ended December 31, 2024:

    Fees earned or  
    Stock  

    paid in cash  
    Awards  
    Total 
  
    Name 
    ($)(1)  
    ($)(2)(3)  
    ($) 
  
    Douglas Maine 
     20,000  
     250,000  
     270,000 
  
    Kanishka Roy 
     20,000  
     250,000  
     270,000 
  
    Alan Black 
     20,000  
     250,000  
     270,000 
  
    Helder Antunes 
     20,000  
     250,000  
     270,000 
  
    Gary Cohen 
     20,000  
     250,000  
     270,000 

    (1)
    Consist
    of cash compensation paid to the directors for services as a director in 2024.

(2)As of December 31, 2024, the aggregate number of stock and option
awards held by each director was as follows:

●Douglas Maine holds 19,619 option awards and 81,116 RSU awards;

●Mr. Roy holds 81,116 RSU awards;

●Mr. Black holds 81,1186RSU awards;

●Mr. Antunes holds 81,1186 RSU awards; and

●Mr. Cohen holds 81,116 RSU awards.

    (3)
    Consists of grants of RSUs. Reflects the aggregate grant
    date fair value of any RSUs granted, determined in accordance with Financial Accounting Standards Board Accounting Standards Codification
    Topic 718, Compensation—Stock Compensation. Assumptions used in the calculation of this amount are included in Note 10,
    Stock Incentive Plans to the Consolidated Financial Statements included in the this Annual Report. This amount does not reflect
    the actual economic value that will ultimately be realized by each director.

75

Our non-employee director compensation
program provides for annual retainer fees and/or equity awards for