Company: BLLN
Filing Date: 2025-10-07
Form Type: S-1
Source: 0001193125-25-233697
Chunk: 288

Company: BillionToOne, Inc.
Filing Date: 2025-10-07
Form: S-1
Chunk 288
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 law. Our Post-IPOCertificate of Incorporation and our bylaws will provide that we are required to indemnify our executive officers and directors to the fullest 217

extent permitted by Delaware law. Our Post-IPO Bylaws will also provide that, on satisfaction of certain conditions, we will advance the expenses incurred
by a director or officer in advance of the final disposition of an action or proceeding, and permit us to secure insurance on behalf of any director, officer, employee, or other enterprise agent for any liability arising out of his or her action in
that capacity, whether or not Delaware law would otherwise permit indemnification.

We have entered into, and expect to continue to enter into, indemnification
agreements with each of our directors and executive officers and certain other key employees. With certain exceptions, these agreements will provide for indemnification for related expenses including attorneys’ fees, judgments, fines, and
settlement amounts incurred by any of these individuals in connection with any action, proceeding, or investigation. We believe that these provisions and indemnification agreements are necessary to attract and retain qualified persons as directors
and officers. We also currently carry and intend to continue to carry liability insurance for our directors and officers.

The limitation of liability and
indemnification provisions in our Post-IPO Certificate of Incorporation and our Post-IPO Bylaws may discourage stockholders from bringing a lawsuit against our directors
for breach of their fiduciary duty. They may also reduce the likelihood of derivative litigation against our directors and officers, even though an action, if successful, might benefit us and other stockholders. Furthermore, a stockholder’s
investment may be adversely affected to the extent that we pay the costs of settlement and damage awards against directors and officers as required by these indemnification provisions. At present, there is no pending litigation or proceeding
involving any of our directors, officers, or employees for which indemnification is sought, and we are not aware of any threatened litigation that may result in claims for indemnification.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted for directors, executive officers, or persons controlling us, we have been
informed that, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

Related party transaction policy

Our Board of Directors has adopted a formal
written policy providing that we are not permitted to enter into any transaction that exceeds $120,000 in any given year and in which any