Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 67

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 67
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 the DGCL are sufficiently broad to permit indemnification under certain circumstances for liabilities,
including reimbursement of expenses incurred, arising under the Securities Act.

As permitted by the DGCL, the Registrant’s
amended and amended and restated certificate of incorporation contains provisions that eliminate the personal liability of its directors
for monetary damages for any breach of fiduciary duties as a director, except liability for the following:

| ● | any breach of the director’s duty of loyalty to the Registrant or its stockholders; |

| ● | acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law; |

| ● | under Section 174 of the DGCL (regarding unlawful dividends and stock purchases); or |

| ● | any transaction from which the director derived an improper personal benefit. |

We have entered into indemnification agreements
with each of our current directors and executive officers to provide these directors and executive officers additional contractual assurances
regarding the scope of the indemnification set forth in our amended and amended and restated certificate of incorporation and amended
and restated bylaws, and to provide additional procedural protections. There is no pending litigation or proceeding involving any of our
directors or executive officers for which indemnification is sought. The indemnification provisions in our amended and restated certificate
of incorporation, amended and restated bylaws, and the indemnification agreements entered into between us and each of our directors and
executive officers may be sufficiently broad to permit indemnification of our directors and executive officers for liabilities arising
under the Securities Act.

We also maintain standard insurance policies under
which coverage is provided (a) to our directors and officers against loss arising from claims made by reason of breach of duty or other
wrongful act, and (b) to us, with respect to payments which may be made by us to such officers and directors pursuant to the above indemnification
provision or otherwise as a matter of law. Certain of our directors are also indemnified by their employers with regard to their service
on our board of directors.

<div align='center'>II-1</div>

Item 16. Exhibits and Financial Statement Schedules

| (a) | The following exhibits are filed herewith or incorporated herein by reference: |

| Exhibit No. 
 1.1*        
 1.2§        
 2.1§        |     | Description                                                                                                                                                                                                                                                                                                         
 Form of Underwriting Agreement                                                                                                                                                                                                                                                                                      
 Controlled Equity OfferingSM Sales Agreement, dated March 6