Company: CDT
Filing Date: 2025-04-22
Form Type: S-3
Source: 0001641172-25-005732
Chunk: 28

Company: CDT Equity Inc.
Filing Date: 2025-04-22
Form: S-3
Chunk 28
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 had no reasonable cause to believe the person’s conduct was unlawful.               
 The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or          
 its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which the person       
 reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or           
 proceeding, had reasonable cause to believe that the person’s conduct was unlawful.                                                         |
| (b) | A                                                                                                                                           
 corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened,           
 pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact          
 that the person is or was a director, officer, employee or agent of the corporation, 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 against expenses    
 (including attorneys’ fees) actually and reasonably incurred by the person in connection with the defense or settlement of                  
 such action or suit if the 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 except that no indemnification shall be made in respect of 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 the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability          
 but 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.                                                                                |
| (c) | (1)                                                                                                                                         
 To the extent that a present or former director or officer of a corporation has been successful on the merits or otherwise in defense       
 of any action, suit or proceeding referred to in subsections (a) and (b) of this section, or in defense of any claim, issue or matter       
 therein, such person shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by                  
 such person in connection therewith. For indemnification with respect to any act or omission