Company: HEI-A
Filing Date: 2025-04-17
Form Type: S-8
Source: 0001213900-25-032974
Chunk: 3

Company: HEICO CORP
Filing Date: 2025-04-17
Form: S-8
Chunk 3
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 Securities.

Not applicable.

Item 5. Interests of Named Experts and Counsel.

Not applicable.

Item 6. Indemnification of Directors and Officers.

Under section 607.0831 of the Florida Business Corporation Act, a director
is not personally liable for monetary damages to the corporation or any other person for any statement, vote, decision, or failure to
act regarding corporate management or policy unless (a) the director breached or failed to perform his or her duties as a director, and
(b) the director’s breach of, or failure to perform, those duties constitutes any of the following: (i) a violation of the criminal
law, unless the director had reasonable cause to believe his or her conduct was lawful or had no reasonable cause to believe his or her
conduct was unlawful. A judgment or other final adjudication against a director in any criminal proceeding for a violation of the criminal
law estops that director from contesting the fact that his or her breach, or failure to perform, constitutes a violation of the criminal
law; but does not estop the director from establishing that he or she had reasonable cause to believe that his or her conduct was lawful
or had no reasonable cause to believe that his or her conduct was unlawful; (ii) a circumstance under which the transaction at issue is
one from which the director derived an improper personal benefit, either directly or indirectly; (iii) a circumstance under which the
liability provisions of section 607.0834 (which relates to liability for unlawful distributions) are applicable; (iv) in a proceeding
by or in the right of the corporation to procure a judgment in its favor or by or in the right of a shareholder, conscious disregard for
the best interest of the corporation, or willful or intentional misconduct; or (v) in a proceeding by or in the right of someone other
than the corporation or a shareholder, recklessness or an act or omission which was committed in bad faith or with malicious purpose or
in a manner exhibiting wanton and willful disregard of human rights, safety, or property.

We have authority under Section 607.0851 of the Florida Business Corporation
Act to indemnify our directors and officers to the extent provided in such statute. Our Articles of Incorporation provide that we shall
indemnify and hold harmless each person who shall serve at any time as a director or executive officers. The Florida Business Corporation
Act also provides, under Section 607.0852, that a corporation must