Company: ATLN
Filing Date: 2025-12-10
Form Type: S-3/A
Source: 0001213900-25-120180
Chunk: 24

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-12-10
Form: S-3/A
Chunk 24
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 the corporation
or its stockholders for monetary damages for a breach of fiduciary duty as a director, except for breaches of the director’s duty
of loyalty to the corporation or its stockholders, acts or omissions not in good faith or which involve intentional misconduct or a knowing
violation of a law, authorizations of the payments of a dividend or approval of a stock repurchase or redemption in violation of Delaware
corporate law or for any transactions from which the director derived an improper personal benefit. Our certificate of incorporation
will provide that no director will be liable to us or our stockholders for monetary damages for breach of fiduciary duties as a director,
subject to the same exceptions as described above. We also expect to maintain standard insurance policies that provide coverage (1) to
our directors and officers against loss arising from claims made by reason of breach of duty or other wrongful act and (2) to us
with respect to indemnification payments we may make to such officers and directors.

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

Section 145 of the General Corporation
Law of the State of Delaware provides that a corporation has the power to indemnify a director, officer, employee, or agent of the corporation
and certain other persons serving at the request of the corporation in related capacities against expenses (including attorneys’
fees), judgments, fines and amounts paid in settlements actually and reasonably incurred by the person in connection with a threatened,
pending, or completed action, suit or proceeding to which he or she is or is threatened to be made a party by reason of such position,
if such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the
corporation, and, in any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful, except that,
in the case of actions brought by or in the right of the corporation, indemnification is limited to expenses (including attorneys’
fees) actually and reasonably incurred by the person in connection with defense or settlement of such action or suit and no indemnification
shall be made with respect to any claim, issue, or matter as to which such person shall have been adjudged to be liable to the corporation
unless and only to the extent that the Court of Chancery or other adjudicating court determines that, despite the adjudication of liability
but in view of all of the circumstances of the case, such person is fairly and reasonably