Company: AMWL
Filing Date: 2025-02-28
Form Type: S-8
Source: 0000950103-25-002746
Chunk: 4

Company: American Well Corp
Filing Date: 2025-02-28
Form: S-8
Chunk 4
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 Restated Investors’ Right Agreement, dated September 21, 2020 (incorporated by reference to Exhibit 10.1 of the Registrations Current Report on Form 8-K, No. 001-39515, filed on September 22, 2020) |

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| Exhibit 
 Number  |                                                                                                                                                                                 |
| 5.1*    | Opinion of Davis Polk & Wardwell LLP                                                                                                                                            |
| 23.1*   | Consent of PricewaterhouseCoopers LLP                                                                                                                                           |
| 23.2*   | Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1)                                                                                                                  |
| 24.1*   | Powers of Attorney (included on signature page)                                                                                                                                 |
| 99.1    | 2020 Equity Incentive Plan (incorporated by reference to Exhibit 10.5 of the Registrant’s Registration Statement on Form S-1, No. 333-248309, filed on August 24, 2020)         |
| 99.3    | 2020 Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.23 of the Registrant’s Registration Statement on Form S-1, No. 333-248309, filed on August 24, 2020) |
| 107*    | Filing Fee Table                                                                                                                                                                |

* Filed herewith.

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SIGNATURES</div>

Pursuant to the requirements of the Securities
Act, the Registrant, American Well Corporation, certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in the City of Boston, Commonwealth of Massachusetts, on the 28 day of February, 2025.

| AMERICAN WELL CORPORATION |                    |                                      |
| By:                       | /s/ Ido Schoenberg |                                      |
|                           | Name:              | Ido Schoenberg                       |
|                           | Title:             | Chairman and Chief Executive Officer |

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POWER OF ATTORNEY AND SIGNATURES</div>

Know all persons by these presents, that each
person whose signature appears below constitutes and appoints Ido Schoenberg, Roy Schoenberg and Bradford Gay, and each of them, as his
or