Compensation Committee Charter Sample Contracts

Wealthbridge Acquisition Ltd – COMPENSATION COMMITTEE CHARTER OF WEALTHBRIDGE ACQUISITION LIMITED Adopted: [___], 2018 (December 21st, 2018)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of Wealthbridge Acquisition Limited (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Quantum Energy Inc. – QUANTUM ENERGY INC. COMPENSATION COMMITTEE CHARTER NOVEMBER 8, 2017 (December 6th, 2018)

The functions of the Compensation Committee include development of compensation strategy and review of the compensation and performance of officers of the Corporation, review and approval of criteria for the granting of bonuses, and administration of the Corporation’s stock-based benefit plans and other officer and director compensation arrangements.

Chardan Healthcare Acquisition Corp. – CHARDAN HEALTHCARE ACQUISITION CORP. COMPENSATION COMMITTEE CHARTER OF THE BOARD OF DIRECTORS (December 4th, 2018)

This Charter is intended as a tool within which the Board, assisted by its committees, directs the affairs of the Company. While it should be interpreted in the context of all applicable laws, regulations and listing requirements, as well as in the context of the Company’s charter and bylaws (“Governing Documents”), it is not intended to establish by its own force any legally binding obligations.

Quantum Energy Inc. – QUANTUM ENERGY INC. COMPENSATION COMMITTEE CHARTER NOVEMBER 8, 2017 (November 28th, 2018)

The functions of the Compensation Committee include development of compensation strategy and review of the compensation and performance of officers of the Corporation, review and approval of criteria for the granting of bonuses, and administration of the Corporation’s stock-based benefit plans and other officer and director compensation arrangements.

Know Labs, Inc. – Know Labs, Inc. Compensation Committee Charter (November 27th, 2018)

The Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Know Labs, Inc. (the “Company”) has been established to assist the Board in discharging its responsibilities relating to compensation for the Company’s officers and directors.

Quantum Energy Inc. – QUANTUM ENERGY INC. COMPENSATION COMMITTEE CHARTER NOVEMBER 8, 2017 (November 9th, 2018)

The functions of the Compensation Committee include development of compensation strategy and review of the compensation and performance of officers of the Corporation, review and approval of criteria for the granting of bonuses, and administration of the Corporation’s stock-based benefit plans and other officer and director compensation arrangements.

Graf Industrial Corp. – GRAF INDUSTRIAL CORP. COMPENSATION COMMITTEE CHARTER Effective [__________], 2018 (October 9th, 2018)

The Compensation Committee (the “Committee”) is appointed by the Board of Directors (the “Board”) of Graf Industrial Corp. (the “Company”) to: (A) assist the Board in overseeing the Company’s employee compensation policies and practices, including (i) determining and approving the compensation of the Company’s Chief Executive Officer (“CEO”) and the Company’s other executive officers, and (ii) reviewing and approving incentive compensation and equity compensation policies and programs, and exercising discretion in the administration of such programs; and (B) produce the annual report of the Committee required by the rules of the U.S. Securities and Exchange Commission (“SEC”).

ChaSerg Technology Acquisition Corp – CHASERG TECHNOLOGY ACQUISITION CORP. COMPENSATION COMMITTEE CHARTER (September 18th, 2018)

The Compensation Committee (the “Committee”) of the Board of Directors of ChaSerg Technology Acquisition Corp., a Delaware corporation (the “Company”), shall have responsibility for the compensation of the Company’s executive officers, including the Company’s Chief Executive Officer (the “CEO”), and for incentive compensation, equity-based and pension plans as further provided in this Charter.

Quantum Energy Inc. – QUANTUM ENERGY INC. COMPENSATION COMMITTEE CHARTER NOVEMBER 8, 2017 (August 31st, 2018)

The functions of the Compensation Committee include development of compensation strategy and review of the compensation and performance of officers of the Corporation, review and approval of criteria for the granting of bonuses, and administration of the Corporation’s stock-based benefit plans and other officer and director compensation arrangements.

Megalith Financial Acquisition Corp – MEGALITH FINANCIAL ACQUISITION CORP. COMPENSATION COMMITTEE CHARTER (August 16th, 2018)

The Compensation Committee (the “Committee”) of the Board of Directors of Megalith Financial Acquisition Corp., a Delaware corporation (the “Company”), shall have responsibility for the compensation of the Company’s executive officers, including the Company’s Chief Executive Officer (the “CEO”), and for incentive compensation, equity-based and pension plans as further provided in this Charter.

Longevity Acquisition Corp – COMPENSATION COMMITTEE CHARTER (August 15th, 2018)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Longevity Acquisition Corporation, a British Virgin Islands company (the “Company”).

TKK SYMPHONY ACQUISITION Corp – COMPENSATION COMMITTEE CHARTER OF TKK SYMPHONY ACQUISITION CORPORATION (August 6th, 2018)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of TKK Symphony Acquisition Corporation (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Tenzing Acquisition Corp. – COMPENSATION COMMITTEE CHARTER (August 6th, 2018)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Tenzing Acquisition Corp., a British Virgin Islands company (the “Company”).

Greenland Acquisition Corp. – COMPENSATION COMMITTEE CHARTER (July 16th, 2018)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Greenland Acquisition Corporation, a British Virgin Islands company (the “Company”).

Tottenham Acquisition I Ltd – COMPENSATION COMMITTEE CHARTER OF TOTTENHAM ACQUISITION I LIMITED Adopted: [___], 2018 (July 5th, 2018)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of Tottenham Acquisition I Limited (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Twelve Seas Investment Co – COMPENSATION COMMITTEE CHARTER OF TWELVE SEAS INVESTMENT COMPANY Adopted: [●], 2018 (June 14th, 2018)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of Twelve Seas Investment Company (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Arrestage International, Inc. – Compensation Committee Charter (June 7th, 2018)

The Compensation Committee (the “Committee”) of the board of directors (the “Board”) of Arrestage International, Inc. (the “Company”) shall consist of two or more directors. Each member of the Committee shall be independent in accordance with the provisions of Rule 10C-1(b)(1) under Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the rules of the Over The Counter Marketplace (“OTCQB”) and the New York Stock Exchange (“NYSE”).

Arrestage International, Inc. – Compensation Committee Charter (June 7th, 2018)

The Compensation Committee (the “Committee”) of the board of directors (the “Board”) of Arrestage International, Inc. (the “Company”) shall consist of two or more directors. Each member of the Committee shall be independent in accordance with the provisions of Rule 10C-1(b)(1) under Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the rules of the Over The Counter Marketplace (“OTCQB”) and the New York Stock Exchange (“NYSE”).

Far Point Acquisition Corp – FAR POINT ACQUISITION CORPORATION COMPENSATION COMMITTEE CHARTER (May 31st, 2018)

The Compensation Committee (the “Committee”) of the Board of Directors of Far Point Acquisition Corporation, a Delaware corporation (the “Company”), shall have responsibility for the compensation of the Company’s executive officers, including the Company’s Chief Executive Officer (the “CEO”), and for incentive compensation, equity-based and pension plans as further provided in this Charter.

Petrolia Energy Corp – Petrolia Energy Corporation (the “Company”) Compensation Committee Charter (May 24th, 2018)

The Compensation Committee’s role is to discharge the Board of Directors (the “Board’s”) responsibilities relating to compensation of the Company’s executives and to oversee and advise the Board on the adoption of policies that govern the Company’s compensation and benefit programs.

Trident Acquisitions Corp. – COMPENSATION COMMITTEE CHARTER OF TRIDENT ACQUISITIONS CORP. Adopted: _______, 2018 (April 30th, 2018)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of Trident Acquisitions Corp. (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Kush Bottles, Inc. – Kush Bottles, Inc. A Nevada corporation (the “Company”) Compensation Committee Charter (March 13th, 2018)

·in consultation with the other independent directors of the Company, oversee and set compensation for the Company’s CEO;

Arrestage International, Inc. – Compensation Committee Charter (December 22nd, 2017)

The Compensation Committee (the "Committee") of the board of directors (the "Board") of Arrestage International, Inc. (the "Company") shall consist of two or more directors. Each member of the Committee shall be independent in accordance with the provisions of Rule 10C-1(b)(1) under Securities Exchange Act of 1934, as amended (the "Exchange Act") and the rules of the Over The Counter Marketplace (“OTCQB”) and the New York Stock Exchange (“NYSE”).

Arrestage International, Inc. – Compensation Committee Charter (December 19th, 2017)

The Compensation Committee (the "Committee") of the board of directors (the "Board") of Arrestage International, Inc. (the "Company") shall consist of two or more directors. Each member of the Committee shall be independent in accordance with the provisions of Rule 10C-1(b)(1) under Securities Exchange Act of 1934, as amended (the "Exchange Act") and the rules of the Over The Counter Marketplace (“OTCQB”) and the New York Stock Exchange (“NYSE”).

GigCapital, Inc. – GIGCAPITAL, INC. COMPENSATION COMMITTEE CHARTER (November 15th, 2017)

The role of the Compensation Committee (the “Committee”) is to discharge the responsibilities of the Board of Directors (the “Board”) of GigCapital, Inc. (the “Company”) relating to compensation of the Company’s executives, to issue an annual report on executive compensation for inclusion in the Company’s proxy statement, and to oversee and advise the Board on the adoption of policies that govern the Company’s compensation programs, including stock and benefit plans.

Big Rock Partners Acquisition Corp. – FORM OF COMPENSATION COMMITTEE CHARTER OF BIG ROCK PARTNERS ACQUISITION CORP. (November 14th, 2017)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Big Rock Partners Acquisition Corp. (the “Company”).

CM Seven Star Acquisition Corp – COMPENSATION COMMITTEE CHARTER OF CM SEVEN STAR ACQUISITION CORPORATION Adopted: [·], 2017 (October 19th, 2017)

The responsibilities and powers of the Compensation Committee of the Board of Directors (the “Board”) of CM Seven Star Acquisition Corporation (the “Company”), as delegated by the Board, are set forth in this charter (this “Charter”). Whenever the Compensation Committee takes an action, it shall exercise its independent judgment on an informed basis that the action is in the best interests of the Company and its shareholders.

Sentinel Energy Services Inc. – SENTINEL ENERGY SERVICES INC. COMPENSATION COMMITTEE CHARTER (September 22nd, 2017)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Sentinel Energy Services Inc. (the “Company”).

Victory Energy Corp – VICTORY ENERGY CORPORATION COMPENSATION COMMITTEE CHARTER (September 20th, 2017)

The purpose of the Compensation Committee of the Board of Directors of Victory Energy Corporation (the “Company”) is to represent and assist the Board of Directors to discharge the responsibilities of the Company’s Board of Directors relating to compensation of the Company’s executives, to produce an annual report on executive compensation for inclusion in the Company’s proxy statement, and to oversee and advise the Board of Directors of the Company on the adoption of policies that govern the Company’s compensation programs, including stock and benefit plans.

Novume Solutions, Inc. – Novume Solutions, Inc. Compensation Committee Charter (August 29th, 2017)

The purpose of the Compensation Committee is (1) to discharge the Board’s responsibilities relating to compensation of the Corporation’s executive officers and directors, (2) to establish criteria for evaluating the performance and appropriate levels of compensation for such officers and directors, (3) to produce an annual report on executive compensation for inclusion in the Corporation’s proxy statement in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) and (4) to oversee the establishment and maintenance of the Corporation’s overall compensation and incentive programs.

PENSARE ACQUISITION Corp – FORM OF COMPENSATION COMMITTEE CHARTER OF PENSARE ACQUISITION CORP. (July 24th, 2017)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Pensare Acquisition Corp. (the “Company”).

Constellation Alpha Capital Corp. – COMPENSATION COMMITTEE CHARTER (June 9th, 2017)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of Constellation Alpha Capital Corp., a British Virgin Islands company (the “Company”).

Depomed Inc – DEPOMED, INC. COMPENSATION COMMITTEE CHARTER Adopted by the Board of Directors of Depomed, Inc. (as amended and restated through May 17, 2017) (May 22nd, 2017)

The purpose of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Depomed, Inc. (the “Company”) is to discharge the Board’s responsibilities relating to compensation of the Company’s directors and executive management.  Except as set forth in this Charter, the Committee has overall responsibility for evaluating and approving the compensation applicable to directors and executive management, including the cash compensation and incentive, equity-based and other compensatory plans, policies, practices and programs of the Company (collectively, the “Compensation Programs”) applicable to directors and executive management. The Committee also has overall responsibility for oversight of the Compensation Programs and benefit plans (excluding investment performance and audit oversight) that pertain to all employees.  For purposes of this Charter, the term “executive management” means (i) any person designated by the Board as an “officer” of the Company as de

Monaker Group, Inc. – Monaker Group, Inc. (the “Company”) Compensation Committee Charter (April 25th, 2017)

The Compensation Committee’s role is to discharge the Board of Directors (the “Board’s”) responsibilities relating to compensation of the Company’s executives and to oversee and advise the Board on the adoption of policies that govern the Company’s compensation and benefit programs.

National Energy Services Reunited Corp. – NATIONAL ENERGY SERVICES REUNITED CORP. COMPENSATION COMMITTEE CHARTER (Adopted April [ ], 2017) (April 25th, 2017)

The following Compensation Committee Charter (the “Charter”) was adopted by the Board of Directors (the “Board”) of National Energy Services Reunited Corp., a British Virgin Islands company (the “Company”), on the date indicated above.