17 unchanged sentences
Other Information
+Added: During our last fiscal quarter, no director or officer, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.
+Added: Executive Incentive Compensation Plan
+Added: On June 21, 2024, the Compensation Committee of the Board (Compensation Committee) approved the Company’s Executive Incentive Compensation Plan (the Bonus Plan).
+Added: The Bonus Plan allows the Company to provide incentive awards to employees of the Company or any of its parents, subsidiaries, or other affiliates selected by the administrator of the Bonus Plan, including the Company’s named executive officers.
+Added: Pursuant to the Bonus Plan, its administrator in its sole discretion may establish a target award for each participant as well as a bonus pool, with any actual awards payable from such bonus pool.
+Added: The Bonus Plan administrator also may establish any performance goals that will apply to any awards under the Bonus Plan.
+Added: Any such performance goals may include, but are not limited to, the goals listed in the Bonus Plan.
+Added: The performance goals may differ from participant to participant and from award to award.
+Added: The Bonus Plan will be administered by the Board or a committee appointed by the Board.
+Added: Unless and until determined otherwise by the Board, the Compensation Committee will administer the Bonus Plan.
+Added: The administrator of the Bonus Plan may delegate its authority and powers under the Bonus Plan to one or more directors and/or officers of the Company, which delegation may be revoked at any time.
+Added: The administrator of the Bonus Plan, at any time before payment of the actual award, may increase, reduce, or eliminate a participant’s actual award, and/or increase, reduce, or eliminate the amount allocated to a bonus pool, based on such factors as it deems relevant.
+Added: The administrator of the Bonus Plan, at any time before payment of an actual award, may add, remove or modify any applicable performance goals.
+Added: Actual awards generally will be paid in cash in a single lump sum, provided that the Bonus Plan administrator has discretion to settle an actual award with the grant of an equity award (pursuant to the Company’s applicable equity plan as may be in effect from time to time).
+Added: To earn an actual award, a participant must be employed through the date the actual award is paid unless otherwise determined by the Bonus Plan administrator.
+Added: Payment of an actual award generally will be made as soon as practicable after the end of the applicable performance period and after the actual award is approved by the Bonus Plan administrator.
+Added: The Bonus Plan administrator has the authority to modify, amend, suspend, or terminate the Bonus Plan, or any part of the Bonus Plan, at any time, provided that such action does not materially impair or materially alter any rights or obligations of any actual award earned by a participant absent such participant’s consent.
+Added: The Bonus Plan will remain in effect until terminated in accordance with its terms.
+Added: The foregoing summary of the Bonus Plan is qualified in its entirety by reference to the full text of the Bonus Plan which is attached hereto as Exhibit 10.8 and is incorporated by reference herein.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
1 unchanged sentence
Directors, Executive Officers and Corporate Governance
−Removed: The information required by this item is incorporated herein by reference to our definitive proxy statement relating to our 2023 annual meeting of shareholders (our “2023 Proxy Statement”), which will be filed within 120 days after the end of the fiscal year to which the Annual Report on Form 10-K relates.
+Added: The information required by this item is incorporated herein by reference to our 2024 Proxy Statement, which will be filed within 120 days after the end of the fiscal year to which the Annual Report on Form 10-K relates.
Executive Compensation
32 unchanged sentences
S-1 333-261982 10.15 January 3, 2022
−Removed: 10.6 Employee Stock Purchase Plan
−Removed: S-8 333-262358 99.2 January 27, 2022
+Added: 10.6 Amended and Restated E mployee Stock Purchase Plan
10.7# Warrant, dated December 28, 2021, issued to Amazon.com NV Investment Holdings LLC
S-1/A 333-261982 10.17 January 18, 2022
+Added: Executive Inc entive Compensation Plan
+Added: I n sider Trading Policy
Subsidiaries of the Registrant
7 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
+Added: 97.1 Compensation Recoupment Policy
101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document) X
15 unchanged sentences
CREDO TECHNOLOGY GROUP HOLDING LTD
−Removed: June 22, 2023 By:
+Added: June 24, 2024
/s/ William Brennan
1 unchanged sentence
President and Chief Executive Officer
−Removed: June 22, 2023 By:
+Added: June 24, 2024
/s/ Daniel Fleming
15 unchanged sentences
Chi Fung Cheng
+Added: /s/ Clyde Hosein
+Added: Director June 24, 2024
/s/ Manpreet Khaira Director June 24, 2024
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.