Company: BLRX
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001178913-25-001123
Chunk: 242

Company: BioLineRx Ltd.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 6
Chunk 242
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                                             litigation expenses and reasonable attorneys’ fees; and                                         
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•                                reasonable litigation expenses, including attorneys’ fees, incurred by the office                              
    holder or imposed by a court in proceedings instituted against him or her by the company, on its behalf or by a third party or in connection
       with criminal proceedings in which the office holder was acquitted or as a result of a conviction for an offense that does not require   
                                                             proof of criminal intent.                                                          
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An “Administrative Procedure” is defined as a procedure pursuant to chapters H3 (Monetary Sanction by the Israeli Securities Authority), H4 (Administrative Enforcement Procedures of the Administrative Enforcement Committee) or I1 (Arrangement to prevent Procedures or Interruption of procedures subject to conditions) to the Israeli Securities Law, which may result in sanctions, including monetary sanctions and certain restrictions on serving as a director or senior officer of a public company for certain periods of time.
 
An Israeli company may insure an office holder against the following liabilities incurred for acts performed as an office holder if and to the extent provided in the company’s articles of association:
 

•   a breach of duty of loyalty to the company, provided that the office holder acted in good faith and had
                  a reasonable basis to believe that the act would not prejudice the company;              
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•   a breach of duty of care to the company or to a third party, including a breach arising out of the negligent
                          (but not intentional or reckless) conduct of the office holder;                       
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•   a financial liability imposed on the office holder in favor of a third party;
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•   a monetary liability imposed on the office holder in favor of an injured party in an Administrative Procedure
                        pursuant to Section 52(54)(a)(1)(a) of the Israeli Securities Law; and                   
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•                      expenses, including reasonable litigation expenses and reasonable attorneys’ fees, incurred by an                    
    office holder in connection with an Administrative Procedure instituted against him or her pursuant to certain provisions of the Israeli
                                                                Securities Law.                                                             
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An Israeli company may not indemnify, exculpate or insure an office holder against any of the following, and any provision in a company’s articles of association which allows for any of the following is invalid:
 

•                     a breach of duty of loyalty, except for indemnification and insurance for a breach of the duty of loyalty                   
    to the company to the extent that the office holder acted