Item 5.02 Departure of Directors or Certain Officers? Election of Directors?
Appointment of Certain Officers? Compensatory Arrangements of Certain
Officers.
On May 1, 2022, Laurence Katz resigned from the board of directors (the
"Board"), and all committees thereto, of Stratim Cloud Acquisition Corp. (the
"Company"). Mr. Katz advised the Company that his decision to resign was not the
result of any disagreement with the Company or its management on any matter
relating to the Company's operations, policies or practices.
On May 1, 2022, the Board appointed John Wagner to serve as a member of the
Board, effective immediately. Mr. Wagner was also appointed to the Board's (i)
Audit Committee, (ii) Compensation Committee and (iii) Nominating and Corporate
Governance Committee. In addition, the Board determined that Mr. Wagner was an
"independent director" under the applicable listing rules of the Nasdaq Stock
Market (the "Listing Rules").
In connection with his appointment to the Board, Mr. Wagner entered into a
letter agreement and an indemnity agreement on substantially the same terms as
the forms thereof previously entered into by and between the Company and each of
its other directors in connection with the Company's initial public offering,
which were previously filed as exhibits 10.2 and 10.8 to the Company's
Registration Statement on Form S-1 (File No. 333-253174) and are incorporated
herein by reference. In addition, prior to his appointment to the Board, Stratim
Cloud Acquisition, LLC, the Company's sponsor, transferred 25,000 shares of the
Company's Class B common stock, par value $0.0001, to Mr. Wagner at their
original purchase price of $0.004 per share.
Other than the foregoing, Mr. Wagner is not party to any arrangement or
understanding with any person pursuant to which he was appointed as a director,
nor is he party to any transactions required to be disclosed under Item 404(a)
of Regulation S-K involving the Company.
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STRATIM CLOUD ACQUISITION CORP. 
