Company: ORBS
Filing Date: 2025-12-01
Form Type: DEF 14A
Source: 0001493152-25-025615
Chunk: 86

Company: Eightco Holdings Inc.
Filing Date: 2025-12-01
Form: DEF 14A
Chunk 86
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b) reasonably believed, in the case of conduct   
 in the person’s official capacity, that the person’s conduct was in the corporation’s best interests, and in any                        
 other case, that the person’s conduct was not opposed to the corporation’s best interests; and (c) in the case of a criminal            
 proceeding, did not have a reasonable cause to believe the person’s conduct was unlawful. In addition, the TBOC permits indemnification 
 of other persons as described in the section entitled “Persons Covered” below.                                                          |

| D-26 |

|             |     | In                                                                                                                                     
 connection with any threatened, pending or completed action by or in the right of the corporation involving a person who is or was     
 a director, officer, employee or agent, or is or was serving at the request of the corporation as a director, officer, employee or     
 agent of another corporation, partnership, joint venture, trust or other enterprise, a Delaware corporation has the power to indemnify 
 such a person who is a party or is threatened to be made a party for expenses (including attorneys’ fees) actually and reasonably      
 incurred in connection with the defense or settlement of such action or suit: (i) if such person acted in good faith and in a manner   
 the person reasonably believed to be in or not opposed to the best interests of the corporation; and (ii) if such person is found      
 liable to the corporation, only to the extent the Court of Chancery or the court in which such action or suit was brought determined   
 that in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which  
 the Court of Chancery or such other court shall deem proper. This is not exclusive of any other indemnification rights, which may      
 be granted by a Delaware corporation to its directors, officers, employees or agents.                                                  |     | If,                                                                                                                                   
 however, the person is found liable to a Texas corporation, or is found liable on the basis he or she received an improper personal   
 benefit, then indemnification under the TBOC is limited to the reimbursement of reasonable expenses actually incurred in connection   
 with the proceeding, and which excludes a judgment, a penalty, a fine, and an excise or similar tax, including an excise tax assessed 
 against the person with respect to an employee benefit plan. Furthermore, no indemnification will be available if the person is found 
 liable for: (i) willful or intentional misconduct in the performance