Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 489

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 489
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 or proceeding, whether civil, criminal, administrative or investigative (except an action by or in the right of BOXABL), by reason of the fact that such person is or was a director or officer of BOXABL or director or officer of the Combined Company, is or was serving at the request of the Combined Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, whether the basis of such proceeding is alleged action in an official capacity as a director, officer, employee or agent or in any other capacity while serving as a director, officer, employee or agent, from and against any and all expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the indemnitee in connection therewith. Notwithstanding the foregoing, except as provided in Section 10.4 of the Proposed Charter with respect to proceedings to enforce rights to indemnification, the Combined Company shall not be required to indemnify or advance expenses to any person in connection with a proceeding (or part thereof) commenced by such person if the commencement of such proceeding (or part thereof) was not authorized by the board of directors. The indemnification and advancement of expenses provided by, or granted pursuant to, Article 10 of the Proposed Charter shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, agreement, contract, vote of stockholders or disinterested directors or otherwise, both as to action in such person’s official capacity and as to action in another capacity while holding such office. To the extent not prohibited by applicable law, the Combined Company shall pay the expenses (including attorneys’ fees) incurred by an Indemnitee in defending any proceeding in advance of its final disposition; provided, however, that to the extent required by applicable law, such payment of expenses in advance of the final disposition of the proceeding shall be made only upon receipt of an undertaking by the indemnitee to repay all amounts advanced if it should be ultimately determined that the indemnitee is not entitled to be indemnified under Article 10 of the Proposed Charter or otherwise.​​
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| BOXABL                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ ​ ​ | Combined Company                                                               |
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| The foregoing indemnification will not be required if it is proven that the indemnitee’s act or failure to act constituted a breach of fiduciary duties and such breach involved intentional misconduct,