Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 9, 2022, the Board of Directors (the "Board") of Corazon Capital V838
Monoceros Corp (the "Company") appointed Sally Storie to serve as a Class II
director. The Board also appointed Ms. Storie to serve as the chair of the
Board's Audit Committee. The Board has determined that Ms. Storie is an
independent director under applicable Securities and Exchange Commission and
Nasdaq Capital Market rules.
On March 9, 2022, Ms. Storie executed a joinder agreement pursuant to which she
became party to the Letter Agreement, dated March 23, 2021 (the "Insider
Letter"), among the Company, the Sponsor and each of the officers and directors
of the Company. A copy of the Insider Letter was filed as Exhibit 10.1 to the
Company's Current Report on Form 8-K, filed with the SEC on March 26, 2021, and
is incorporated herein by reference.
Ms. Storie also entered into an indemnification agreement (the "Indemnification
Agreement"), pursuant to which the Company has agreed to indemnify her against
certain claims that may arise in connection with her service as a director of
the Company. The Indemnification Agreement is substantially similar to the form
filed as Exhibit 10.4 to the Company's Registration Statement on Form S-1,
initially filed with the SEC on February 12, 2021, as amended, which is
incorporated herein by reference.
The Company will pay Ms. Storie an annual retainer of $50,000.00, and has
granted Ms. Storie a profit interest in Corazon V838 Monoceros Sponsor LLC. The
Company will also reimburse Ms. Storie for reasonable out-of-pocket expenses
related to identifying, investigating and completing an initial business
combination.
Other than the foregoing, Ms. Storie is not party to any arrangement or
understanding with any person pursuant to which she was appointed as a director,
nor is she party to any transaction required to be disclosed under Item 404(a)
of Regulation S-K involving the Company.
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CORAZON CAPITAL V838 MONOCEROS CORP 
