Company: AEHR
Filing Date: 2025-11-07
Form Type: S-8
Source: 0001654954-25-012708
Chunk: 5

Company: AEHR TEST SYSTEMS
Filing Date: 2025-11-07
Form: S-8
Chunk 5
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 negligent or improper, have been ratified by the directors.

In accordance with Section 317, the Restated Articles of Incorporation, as amended (the “Articles”), of the Registrant limit the liability of a director to the fullest extent permissible under California law. The Articles further authorize the Registrant to provide indemnification to its agents (including officers and directors), subject to the limitations set forth above. The Articles and the Registrant’s Bylaws (the “Bylaws”) further provide for indemnification of corporate agents to the maximum extent permitted by the California Code.

Pursuant to the authority provided in the Articles and Bylaws, the Registrant has entered into indemnification agreements with its executive officers and directors, indemnifying them against certain potential liabilities that may arise as a result of their service to the Registrant, and providing for certain other protection.

The foregoing summaries are necessarily subject to the complete text of the statute, the Articles, the Bylaws and the agreements referred to above and are qualified in their entirety by reference thereto.

| 4 |

Item 7. Exemption from Registration Claimed.

Not applicable.

Item 8. Exhibits.

| Exhibit No. |     | Description                                                                          |
| 4.1(1)      |     | Restated Articles of Incorporation of Registrant.                                    |
| 4.2(2)      |     | Amended and Restated Bylaws of Registrant.                                           |
| 4.3(3)      |     | Form of Common Stock certificate.                                                    |
| 5.1         |     | Opinion of Latham & Watkins LLP (filed herewith).                                    |
| 23.1        |     | Consent of Latham & Watkins LLP (included in Exhibit 5.1) (filed herewith).          |
| 23.2        |     | Consent of BPM LLP - Independent Registered Public Accounting Firm (filed herewith). |
| 24.1        |     | Power of Attorney (included on signature page).                                      |
| 99.1(a)(4)  |     | Amended and Restated 2006 Employee Stock Purchase Plan.*                             |
| 99.1(b)(5)  |     | Amendment to the Amended and Restated 2006 Employee Stock Purchase Plan.*            |
| 99.1(c)(6)  |     | 2023 Equity Incentive Plan.*                                                         |
| 99.1(d)(7)  |     | Amendment