Company: WKSP
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001493152-25-023663
Chunk: 94

Company: Worksport Ltd
Filing Date: 2025-11-14
Form: S-3
Chunk 94
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 fullest extent permitted by law and advance expenses to each indemnity in connection with any proceeding in which a right to indemnification is available.

| II-1 |

The Company maintains general liability insurance that covers certain liabilities of its directors and officers arising out of claims based on acts or omissions in their capacities as directors or officers, including liabilities under the Securities Act. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers, or persons who control the Company, the Company has been informed that, in the opinion of the Commission, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

These provisions may discourage stockholders from bringing a lawsuit against the Company’s directors for breach of their fiduciary duty, or may have the practical effect in some cases of eliminating the Company’s stockholders’ ability to collect monetary damages from its directors and officers. These provisions may also have the effect of reducing the likelihood of derivative litigation against directors and officers, even though such an action, if successful, might otherwise benefit the Company and its stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent the Company pays the costs of settlement and damage awards against directors and officers pursuant to these indemnification provisions.

Item 16. Exhibits.

| Exhibit 
 Number  
 1.1     
 1.2     
 3.1     |     | Description                                                                                                                                                                               
 At                                                                                                                                                                                        
 the Market Offering Agreement, dated September 30, 2025, by and between the Company and H.C. Wainwright & Co., LLC. (incorporated                                                         
 herein by reference to Exhibit 1.1 of the Company’s Registration Statement on Form S-3 (File No. 333-267696 filed with the                                                                
 SEC as of September 30, 2022).                                                                                                                                                            
 Amendment,                                                                                                                                                                                
 dated November 14, 2025, to the At the Market Offering Agreement, dated September 30, 2025, by and between the Company and H.C. Wainwright                                                
 & Co., LLC (filed herewith).                                                                                                                                                              
 Amended and Restated Certificate of Incorporation (incorporated herein by reference to Exhibit 3.1 of the Company’s Annual Report on Form 10-K, filed with the SEC as of March 27, 2025). |
|:--------|:----|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.2     |     | Amended and Restated