Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 125

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 125
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Law further provides that to the extent a Covered Person has been successful on the merits or otherwise in the defense of any action,
suit or proceeding referred to in Subsection 1 or 2, as described above, or in the defense of any claim, issue or matter therein, the
corporation shall indemnify the Covered Person against expenses (including attorneys' fees) actually and reasonably incurred by the Covered
Person in connection with the defense.

Subsection 1 of Section 78.751
of the Nevada Law provides that any discretionary indemnification pursuant to Section 78.7502 of the Nevada Law, unless ordered by a court
or advanced pursuant to Subsection 2 of Section 78.751, may be made by a corporation only as authorized in the specific case upon a determination
that indemnification of the Covered Person is proper in the circumstances. Such determination must be made (a) by the stockholders, (b)
by the board of directors of the corporation by majority vote of a quorum consisting of directors who were not parties to the action,
suit or proceeding, (c) if a majority vote of a quorum of such non-party directors so orders, by independent legal counsel in a written
opinion, or (d) by independent legal counsel in a written opinion if a quorum of such non-party directors cannot be obtained.

Subsection 2 of Section 78.751
of the Nevada Law provides that a corporation's articles of incorporation or bylaws or an agreement made by the corporation may require
the corporation to pay as incurred and in advance of the final disposition of a criminal or civil action, suit or proceeding, the expenses
of officers and directors in defending such action, suit or proceeding upon receipt by the corporation of an undertaking by or on behalf
of the officer or director to repay the amount if it is ultimately determined by a court of competent jurisdiction that he or she is not
entitled to be indemnified by the corporation. Subsection 2 of Section 78.751 further provides that its provisions do not affect any rights
to advancement of expenses to which corporate personnel other than officers and directors may be entitled under contract or otherwise
by law.

Subsection 3 of Section 78.751
of the Nevada Law provides that indemnification pursuant to Section 78.7502 of the Nevada Law and advancement of expenses authorized in
or ordered by a court pursuant to Section 78.751 does not exclude any other rights to which the Covered Person may be entitled under the