Company: CPSS
Filing Date: 2025-10-28
Form Type: DEF 14A
Source: 0001683168-25-007815
Chunk: 77

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-10-28
Form: DEF 14A
Chunk 77
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 4.Indemnification of Committee Members. Members
of the Committee and any Employee of the Company or a Subsidiary to whom authority or administrative responsibilities has been delegated
shall not be liable for any action or determination made in good faith with respect to this Plan. In addition to such other rights of
indemnification as they may have, each member of the Board and the Committee, and any other officer or member of any other committee to
whom a delegation under Section 3(a) has been made, shall be indemnified by the Company against the reasonable expenses, including attorneys’
fees, actually and necessarily incurred in connection with the defense of any action, suit or proceeding, or in connection with any appeal
therein, to which they or any of them may be a party by reason of any action taken or failure to act under or in connection with this
Plan or any Award granted hereunder, and against all amounts paid by them in settlement thereof (provided such settlement is approved
by the Board) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, up to the maximum extent permitted
by applicable law and the Company’s governing documents; provided, however, that within 60 days after receipt of notice of
institution of any such action, suit or proceeding, an indemnified person under this Section 4 shall offer the Company in writing the
opportunity, at its own cost, to handle and defend the same upon confirmation of the Company’s obligations under this Section 4.

Section 5.Maximum Number of Shares Subject to Plan; Share Usage.

(a)
Share Limit. Shares of Common Stock issued or to be issued under this Plan shall be authorized but unissued Common Stock. Subject
to the other provisions of this Section 5, the maximum number of shares of Common Stock which may be issued pursuant to Awards granted
under this Plan or with respect to which Awards may be granted under this Plan shall not exceed in the aggregate (i) 4,501,330 shares
of Common Stock plus (ii) the number of shares of Common Stock that, as of the Effective Date were subject to awards granted under the
Prior Plan and that, on or after the Effective Date, expire or are forfeited, surrendered, terminated (other than by exercise), cancelled,
lapsed or reacquired by the Company prior to vesting, without the delivery of any shares of Common Stock in accordance with the terms
of such Prior Plan, and comply with