Company: NCEL
Filing Date: 2025-03-31
Form Type: 425
Source: 0001213900-25-025889
Chunk: 205

Company: NewcelX Ltd.
Filing Date: 2025-03-31
Form: 425
Chunk 205
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 release the Company or the Investor from any liability for any breach or default under this Agreement or any of the
other Transaction Documents to which it is a party, or to impair the rights of the Company and the Investor to compel specific performance
by the other party of its obligations under this Agreement or any of the other Transaction Documents to which it is a party.

<div align='center'>46

ARTICLE IX

INDEMNIFICATION</div>

Section 9.1. Indemnification of Investor. In consideration of the Investor’s execution and delivery of this Agreement and acquiring the Shares hereunder
and in addition to all of the Company’s other obligations under the Transaction Documents to which it is a party, subject to the
provisions of this Section 9.1, the Company shall indemnify and hold harmless the Investor, its affiliates, each of their respective directors,
officers, shareholders, members, partners, employees, representatives and agents (and any other Persons with a functionally equivalent
role of a Person holding such titles notwithstanding the lack of such title or any other title) and each Person, if any, who controls
the Investor within the meaning of the Securities Act or the Exchange Act) and each of the directors, officers, shareholders, members,
partners, employees, agents, and representatives (and any other Persons with a functionally equivalent role of a Person holding such titles
notwithstanding the lack of such title or any other title) of such controlling person (each, an “Investor Party”),
from and against all losses, liabilities, obligations, claims, contingencies, damages, costs and expenses (including all judgments, amounts
paid in settlement, court costs, reasonable attorneys’ fees and costs of defense and investigation) (collectively, “Damages”)
that any Investor Party has suffered or incurred (a) as a result of, relating to or arising out of, or based upon any untrue statement
or alleged untrue statement of a material fact contained in any Commission Document (or any amendment thereto), or the omission or alleged
omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading, or arising
out of any untrue statement or alleged untrue statement of a material fact included in any Commission Document, or the omission or alleged
omission therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under which
they were made, not misleading; , , that this indemnity in (a