Company: FFWM
Filing Date: 2025-07-08
Form Type: S-8
Source: 0001104659-25-066425
Chunk: 3

Company: First Foundation Inc.
Filing Date: 2025-07-08
Form: S-8
Chunk 3
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 145 of the
Delaware General Corporation Law (the “DGCL”) permits the Company to indemnify its directors, officers, employees and agents,
or other persons who are or were serving at the Company’s request as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise (referred to as an “indemnitee”), against expenses, including attorneys’
fees, judgments, fines and amounts paid in settlements actually and reasonably incurred by them in connection with any action, suit or
proceeding brought by third parties. The indemnitee must have acted in good faith and in a manner they reasonably believed to be in or
not opposed to the best interests of the Company and, with respect to any criminal action or proceeding, had no reason to believe their
conduct was unlawful. In a derivative action, an action only by or in the Company’s right, indemnification may be made only for
expenses actually and reasonably incurred by the indemnitee in connection with the defense or settlement of an action or suit, and only
with respect to a matter as to which they shall have acted in good faith and in a manner they reasonably believed to be in or not opposed
to the best interests of the Company. No indemnification shall be made if such person shall have been adjudged liable to the Company,
unless and only to the extent that the court in which the action or suit was brought shall determine upon application that the defendant
indemnitee is fairly and reasonably entitled to indemnity for such expenses despite such adjudication of liability. Section 145(g) of
the DGCL also provides that the Company may maintain insurance against liabilities even if the Company would lack the power under the
DGCL to indemnify against those liabilities.

Article VI of the
Company’s Bylaws provides that the Company will indemnify, to the fullest extent permitted by the DGCL, any person who was or is
a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal,
administrative, arbitrative, investigative or other (a “Proceeding”), other than an action by or in the Company’s right,
by reason of the fact that such person is or was a director or officer of the Company, or while such person is or was a director or officer
of the Company, is or was serving at the Company’s request as a director, officer, employee, member, manager, trustee