Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 209

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 209
---
, in
connection with any proceeding or related proceedings in the same jurisdiction, be liable for the reasonable fees, disbursements and other
charges of more than one separate firm (plus local counsel) admitted to practice in such jurisdiction at any one time for all such similarly
situated Investor Parties. The Company will not be liable for any settlement of any action effected without its prior written consent,
which consent shall not be unreasonably withheld, delayed or conditioned. The Company shall not, without the prior written consent of
each indemnified party, settle or compromise or consent to the entry of any judgment in any pending or threatened claim, action or proceeding
relating to the matters contemplated by this section (whether or not any indemnified party is a party thereto), unless such settlement,
compromise or consent (1) includes an express and unconditional release of each indemnified party, in form and substance reasonably satisfactory
to such indemnified party, from all liability arising out of such litigation, investigation, proceeding or claim and (2) does not include
a statement as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party.

<div align='center'>49</div>

(b) In order to
provide for just and equitable contribution in circumstances in which the indemnification provided for in the foregoing paragraphs of
this Article IX for any reason is held to be unavailable or insufficient to hold an Investor Party harmless, the Company and the Investor
Party will contribute to the total losses, claims, liabilities, expenses and damages (including any investigative, legal and other expenses
reasonably incurred in connection with, and any amount paid in settlement of, any action, suit or proceeding or any claim asserted) to
which the Company and the Investor Party may be subject in such proportion as shall be appropriate to reflect the relative benefits received
by the Company on the one hand and the Investor on the other hand. The relative benefits received by the Company on the one hand and the
Investor Party on the other hand shall be deemed to be in the same proportion as the total net proceeds from the aggregate of all VWAP
Purchase Amounts (before deducting expenses) received by the Company bear to the total compensation received by the Investor from the
Company pursuant to this Agreement. If, but only if, the allocation provided by the foregoing sentence is not permitted by applicable
law, the allocation of contribution shall be made in such proportion as is appropriate to reflect not only the relative benefits referred
to