Company: LIDRW
Filing Date: 2025-02-25
Form Type: S-1/A
Source: 0000947871-25-000219
Chunk: 33

Company: AEye, Inc.
Filing Date: 2025-02-25
Form: S-1/A
Chunk 33
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gments, fines, and amounts paid in settlement actually and reasonably incurred in connection with such action, suit, or proceeding
and any appeal therefrom, if such Indemnitee acted in good faith and in a manner he or she reasonably believed to be in, or not opposed
to, our best interests, and, with respect to any criminal action or proceeding, he or she had no reasonable cause to believe his or her
conduct was unlawful.

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Our Amended Charter provides that we will indemnify any
Indemnitee who was or is a party to an action or suit by or in the right of us to procure a judgment in our favor by reason of the
fact that the Indemnitee is or was, or has agreed to become, a director or officer, or is or was serving, or has agreed to serve, at
our request as a director, officer, partner, employee, or trustee of, or in a similar capacity with, another corporation,
partnership, joint venture, trust, or other enterprise, or by reason of any action alleged to have been taken or omitted in such
capacity, against all expenses (including attorneys’ fees) and, to the extent permitted by law, amounts paid in settlement
actually and reasonably incurred in connection with such action, suit, or proceeding, and any appeal therefrom, if the Indemnitee
acted in good faith and in a manner he or she reasonably believed to be in, or not opposed to, our best interests, except that no
indemnification shall be made with respect to any claim, issue, or matter as to which such person shall have been adjudged to be
liable to us, unless a court determines that, despite such adjudication but in view of all of the circumstances, he or she is
entitled to indemnification of such expenses. Notwithstanding the foregoing, to the extent that any Indemnitee has been successful,
on the merits or otherwise, he or she will be indemnified by us against all expenses (including attorneys’ fees) actually and
reasonably incurred in connection therewith. Expenses must be advanced to an Indemnitee under certain circumstances.

We have entered into indemnification agreements with each of our
directors and officers. These indemnification agreements may require us, among other things, to indemnify our directors and officers for
some expenses, including attorneys’ fees, judgments, fines, and settlement amounts incurred by a director or officer in any action
or