Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 332

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 332
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 director or officer of our company, is or was serving at our request as a director, officer, employee
or agent of another corporation or of a partnership, joint venture, trust, other enterprise or nonprofit entity, to the fullest extent
not prohibited by applicable law.

Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to our directors, officers, and controlling persons pursuant to the foregoing provisions, or otherwise, we have
been advised that, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment of expenses
incurred or paid by a director, officer or controlling person in a successful defense of any action, suit or proceeding) is asserted
by such director, officer or controlling person in connection with the securities being registered, we will, unless in the opinion of
its counsel the matter has been settled by controlling precedent, submit to the court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication
of such issue.

To the extent that a director, officer, or employee or agent of our
company has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to above, or in defense
of any claim, issue or matter therein, he shall be indemnified against expenses (including attorneys’ fees) actually and reasonably
incurred by him in connection therewith.

The right to indemnification which will be conferred by our bylaws
is a contract right that includes the right to be paid by us the expenses incurred in defending or otherwise participating in any proceeding
referenced above in advance of its final disposition, provided, however, that if the NRS requires, an advancement of expenses incurred
by our officer or director (solely in the capacity as an officer or director of our corporation) will be made only upon delivery to us
of an undertaking, by or on behalf of such officer or director, to repay all amounts so advanced if it is ultimately determined that
such person is not entitled to be indemnified for such expenses under our amended and restated articles of incorporation, bylaws or otherwise.

The rights to indemnification and advancement of expenses will not
be deemed exclusive of any other rights which any person covered by our amended and restated articles of incorporation and bylaws may