Company: LHI
Filing Date: 2025-11-20
Form Type: F-1/A
Source: 0001213900-25-112807
Chunk: 175

Company: Living Homeopathy International Ltd.
Filing Date: 2025-11-20
Form: F-1/A
Chunk 175
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 transaction is disclosed by him or her at or prior to its consideration and any vote in that matter.

Remuneration and Borrowing

The directors may receive such remuneration as our board of directors may determine from time to time. Each director is entitled to be repaid or prepaid for all traveling, hotel and incidental expenses reasonably incurred or expected to be incurred in attending meetings of our board of directors or committees of our board of directors or shareholder meetings or otherwise in connection with the discharge of his or her duties as a director. The compensation committee will assist the directors in reviewing and approving the compensation structure for the directors. Our board of directors may exercise all the powers of the company to borrow money and to mortgage or charge our undertakings, property, assets (present and future) and uncalled capital or any part thereof, to issue debentures, debenture stock and other securities whenever money is borrowed or as security for any debt, liability or obligation of the company or of any third party.

Employment Agreements and Indemnification Agreements

We have entered into
employment agreements with each of our executive officers. Under these agreements, our Chief Executive Officer and Chief Financial Officer
are employed for an initial term of 12 months commencing on September 1, 2024 and July 1, 2025 (the “Initial Term”), respectively,
unless earlier terminated pursuant to the terms of the employment agreement. Upon the expiration of the Initial Term, the employment
shall be automatically extended for successive periods of 12 months each (each, an “Extension Period”) unless either party
shall have given 30 days advance written notice prior to the end of the relevant Extension Period that the term of the employment agreement
is not to be extended. Either party may terminate the employment agreement by giving 30 days advance written notice to the other party.
If an executive officer’s employment is terminated by us for certain acts of the executive officer, such as a conviction of criminal
officer, act of fraud or dishonesty, gross negligence, willful material misrepresentation, misconduct or a failure to comply with any
of the executive officer’s material obligations (the “Causes”), we shall pay the executive officer his/her salary through
the date of termination and we shall have no additional obligations to the executive officer. If we terminate the executive officer’s
position without Causes, we shall continue to pay the executive all compensation during the notice period.

Each executive officer has agreed to hold in
confidence our confidential information and owe us and