Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 17

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 17
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 Ethics and Business
Conduct applicable to our Chief Executive Officer and Chief Financial Officer by posting such information on our website https://apptechcorp.com/leadership-governance.

| 11 |

Limitation of Liability and Indemnification

We have entered into indemnification
agreements with each of our directors and executive officers. The agreements provide that we will indemnify each of our directors and
executive officers against any and all expenses incurred by that director or executive officer because of his or her status
as one of our directors or executive officers to the fullest extent permitted by Delaware law, our restated certificate of incorporation
and our amended and restated bylaws. In addition, the agreements provide that, to the fullest extent permitted by Delaware law but subject
to various exceptions, we will advance all expenses incurred by our directors in connection with a legal proceeding.

Our restated certificate
of incorporation and amended and restated bylaws contain provisions relating to the limitation of liability and indemnification of directors.
The restated certificate of incorporation provides that our directors will not be personally liable to us or our stockholders for monetary
damages for any breach of fiduciary duty as a director, except for liability:

| ● | for any breach of the director’s duty of loyalty to us or our stockholders; |

| ● | for acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;                                                    |
| ● | in respect of unlawful payments of dividends or unlawful stock repurchases or redemptions as provided in Section 174 of the Delaware General Corporation Law; or |
| ● | for any transaction from which the director derives any improper personal benefit.                                                                               |

Our restated certificate
of incorporation also provides that if Delaware law is amended in the future to authorize corporate action further eliminating or limiting
the personal liability of directors, then the liability of our directors will be eliminated or limited to the fullest extent permitted
by Delaware law. The foregoing provisions of the restated certificate of incorporation are not intended to limit the liability of directors
or officers for any violation of applicable federal securities laws. As permitted by Section 145 of the Delaware General Corporation Law,
our restated certificate of incorporation provides that we may indemnify our directors to the fullest extent permitted by Delaware law,
and the restated certificate of incorporation provisions relating to indemnity may not be retroactively repealed or modified so as to
adversely affect the protection of our directors.

In addition, as permitted
by Section 145 of