Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 706

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 706
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 to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against willful default, willful neglect, civil fraud or the consequences of committing a crime. The Amended TGE Articles provides that every director (including alternate director), secretary, assistant secretary, or other officer for the time being and from time to time of The Generation Essentials Group (but not including its auditors) and the personal representatives of the same (each an “Indemnified Person”) shall be indemnified and secured harmless against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or sustained by such Indemnified Person, other than by reason of such Indemnified Person’s own dishonesty, willful default or fraud, in or about the conduct of The Generation Essentials Group’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of his duties, powers, authorities or discretions, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such Indemnified Person in defending (whether successfully or otherwise) any civil proceedings concerning The Generation Essentials Group or its affairs in any court whether in the Cayman Islands or elsewhere. The Generation Essentials Group will also be entering into indemnification agreements with its directors and executive officers, pursuant to which The Generation Essentials Group will agree to indemnify each such person and hold him harmless against expenses, judgments, fines and amounts payable under settlement agreements in connection with any threatened, pending or completed action, suit or proceeding to which he has been made a party or in which he became involved by reason of the fact that he is or was The Generation Essentials Group’s director or officer. Except with respect to expenses to be reimbursed by The Generation Essentials Group in the event that the indemnified person has been successful on the merits or otherwise in defense of the action, suit or proceeding, The Generation Essentials Group’s obligations under the indemnification agreements will be subject to certain customary restrictions and exceptions. In addition, The Generation Essentials Group maintains standard policies of insurance under which coverage is provided to its directors and officers against loss rising from claims made by reason of breach of duty or other wrongful act, and to The Generation Essentials Group with respect to payments which may be made by it to such directors and officers pursuant to the above indemnification provision or otherwise as a matter of law. Insofar as indemnification for liabilities arising under the Securities Act may