Company: MRT
Filing Date: 2025-08-11
Form Type: F-3
Source: 0001213900-25-074325
Chunk: 47

Company: Marti Technologies, Inc.
Filing Date: 2025-08-11
Form: F-3
Chunk 47
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provide that we shall indemnify and hold harmless, to the fullest extent permitted under the laws of the Cayman Islands as they presently
exist or may hereafter be amended, any director or officer who was or is made or is threatened to be made a party or is otherwise involved
in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a “Proceeding”) by reason of
the fact that he or she, or a person for whom he or she is the legal representative, is or was a director or officer or, while serving
as a director or officer, is or was serving at our request as a director, officer, employee or agent of another corporation or of a partnership,
joint venture, trust, enterprise or non-profit entity, including service with respect to employee benefit plans, against all liability
and loss suffered and expenses (including attorneys’ fees, judgments, fines ERISA excise taxes or penalties and amounts paid in
settlement) reasonably incurred by such person in connection with any such Proceeding. Notwithstanding the preceding sentence, except
as otherwise provided in Article 45.4 of the Articles of Association, we shall be required to indemnify a person in connection with a
Proceeding initiated by such person only if the Proceeding was authorized in the specific case by the Board.

We have also entered into indemnification
agreements with our directors under law, pursuant to which we have agreed to indemnify each such person and hold him harmless against
expenses, judgments, fines and amounts payable under settlement agreements in connection with any threatened, pending or completed action,
suit or proceeding to which he has been made a party or in which he became involved by reason of the fact that he is or was our director
or officer. Except with respect to expenses to be reimbursed by us in the event that the indemnified person has been successful on the
merits or otherwise in defense of the action, suit or proceeding, our obligations under the indemnification agreements will be subject
to certain customary restrictions and exceptions.

In addition, we maintain, and
are obligated to establish and maintain for at least six years, standard and tail policies of insurance under which coverage is provided
to our directors and officers against loss rising from claims made by reason of breach of duty or other wrongful act, and to us with respect
to payments which may be made by us to such directors and officers pursuant to the above indemnification provision or otherwise as a matter
of law.

Insofar as indemnification
for