Company: MYSEW
Filing Date: 2025-11-13
Form Type: S-8
Source: 0001213900-25-109967
Chunk: 4

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: S-8
Chunk 4
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 NRS provides that a
corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed
action or suit brought by or on behalf of the corporation to procure a judgment in its favor because the person acted in any of the capacities
set forth above, against expenses, including amounts paid in settlement and attorneys’ fees, actually and reasonably incurred by
that person in connection with the defense or settlement of such action or suit, if the person acted in accordance with the standard set
forth above, except that no indemnification may be made in respect of any claim, issue or matter as to which such person shall have been
adjudged by a court of competent jurisdiction after exhaustion of all appeals therefrom to be liable to the corporation or for amounts
paid in settlement to the corporation unless and only to the extent that the court in which such action or suit was brought or other court
of competent jurisdiction determines that, in view of all the circumstances of the case, such person is fairly and reasonably entitled
to indemnity for such expenses as the court deems proper.

Section 78.7502(3) of the NRS further provides
that, to the extent a director or officer of a corporation has been successful on the merits or otherwise in the defense of any action,
suit or proceeding referred to in subsections 1 and 2 thereof, or in the defense of any claim, issue or matter therein, that person shall
be indemnified by the corporation against expenses (including attorneys’ fees) actually and reasonably incurred by that person in
connection therewith.

Section 78.751 of the NRS provides that unless
indemnification is ordered by a court, the determination to provide indemnification must be made by the stockholders, by a majority vote
of a quorum of the board of directors who were not parties to the action, suit or proceeding, or in specified circumstances by independent
legal counsel in a written opinion. In addition, the articles of incorporation, bylaws or an agreement made by the corporation may provide
for the payment of the expenses of a director or officer of the expenses of defending an action as incurred upon receipt of an undertaking
to repay the amount if it is ultimately determined by a court of competent jurisdiction that the person is not entitled to indemnification.
Section 78.751 of the NRS further provides that the indemnification provided for therein shall not be deemed exclusive of any other rights
to which