Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 237

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 237
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man Islands or elsewhere.                      |

No such existing or former directors, including alternate director, secretary or officer, however, shall be indemnified in respect of any matter arising out of their owndishonesty, fraud, willful default or willful neglect.

To the extent permitted
by law, we may make a payment, or agree to make a payment, whether by way of advance, loan or otherwise, for any legal costs incurred
by an existing or former director (including alternate director), secretary or any of our officers in respect of any matter identified
in above on condition that the director (including alternate director), secretary or officer must repay the amount paid by us to the
extent that it is ultimately found not liable to indemnify the director (including alternate director), the secretary or that officer
for those legal costs.

This standard of conduct
is generally the same as is permitted under the Delaware General Corporation Law for a Delaware corporation.

In addition, we will enter
into indemnification agreements with our directors and executive officers that provide such persons with additional indemnification beyond
that provided in our Amended and Restated Memorandum and Articles of Association, to be adopted and become effective immediately prior
to completion of this offering,

Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling us under the foregoing
provisions, 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.

| 148 |

Directors’ Fiduciary Duties

Under Delaware corporate
law, a director of a Delaware corporation has a fiduciary duty to the corporation and its shareholders. This duty has two components:
the duty of care and the duty of loyalty. The duty of care requires that a director act in good faith, with the care that an ordinarily
prudent person would exercise under similar circumstances. Under this duty, a director must inform himself of, and disclose to shareholders,
all material information reasonably available regarding a significant transaction.

The duty of loyalty requires
that a director acts in a manner he or she reasonably believes to be in the best interests of the corporation. He or she must not use
his corporate position for personal gain or advantage. This duty prohibits self-dealing by a director and mandates that the best interest
of the corporation and its shareholders take precedence over any interest possessed by a director, officer or controlling shareholder
and not shared by