Company: CMND
Filing Date: 2025-06-12
Form Type: POS AM
Source: 0001213900-25-053898
Chunk: 29

Company: Clearmind Medicine Inc.
Filing Date: 2025-06-12
Form: POS AM
Chunk 29
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 (i) a current or former director or officer of that company; (ii) a current or former director or officer of another corporation       
 if, at the time such individual held such office, the corporation was an affiliate of the company, or if such individual held such     
 office at our request; or (iii) an indemnifiable person (as defined in the “Description of Share Capital” section above)               
 against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred       
 by him or her in respect of any civil, criminal, administrative or other legal proceeding or investigative action (whether current,    
 threatened, pending or completed) in which he or she is involved because of that person’s position as an indemnifiable person,         
 unless: (i) the individual did not act honestly and in good faith with a view to the best interests of such company or the other       
 entity, as the case may be; or (ii) in the case of a proceeding other than a civil proceeding, the individual did not have reasonable  
 grounds for believing that the individual’s conduct was lawful. A company cannot indemnify an indemnifiable person if it is            
 prohibited from doing so under its articles. In addition, a company must not indemnify an indemnifiable person in proceedings brought  
 against the indemnifiable person by or on behalf of the company or an associated company. A company may pay, as they are incurred      
 in advance of the final disposition of an eligible proceeding, the expenses actually and reasonably incurred by an indemnifiable       
 person in respect of that proceeding only if the indemnifiable person has provided an undertaking that, if it is ultimately determined 
 that the payment of expenses was prohibited, the indemnifiable person will repay any amounts advanced. Subject to the aforementioned   
 prohibitions on indemnification, a company must, after the final disposition of an eligible proceeding, pay the expenses actually      
 and reasonably incurred by an indemnifiable person in respect of such eligible proceeding if such indemnifiable person has not been    
 reimbursed for such expenses, and was wholly successful, on the merits or otherwise, in the outcome of such eligible proceeding or     
 was substantially successful on the merits in the outcome of such eligible proceeding. On application from an indemnifiable person,    
 a court may make any order the court considers appropriate in respect of an eligible proceeding, including the indemnification of      
 penalties imposed or expenses incurred in any such proceedings and the enforcement of an indemnification agreement. As permitted       
 by the BCBCA, our articles