Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 162

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 162
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Limitation on Liability and Indemnification of Directors, Officers and Advisors

The Holdco A&R Articles contain provisions that limit the liability of Holdco’s directors for monetary damages to the fullest extent permitted by Massachusetts law. Consequently, Holdco’s directors will not be personally liable to Holdco or its shareholders for monetary damages for any breach of fiduciary duties as directors to the extent provided by applicable law, except liability for:

| ● | any                                                                     
 breach of the director’s duty of loyalty to Holdco or its shareholders; |

| ● | any                                                                                              
 act or omission not in good faith or that involves intentional misconduct or a knowing violation 
 of law;                                                                                          |

| ● | distributions                                       
 to shareholders not in compliance with the MBCA; or |

| ● | any                                                                       
 transaction from which the director derived an improper personal benefit. |

The Holdco A&R Articles
provide that Holdco is required to indemnify its directors and officers, in each case to the fullest extent permitted by Massachusetts
law. Holdco has entered into agreements to indemnify its directors, executive officers and other employees. With specified exceptions,
these agreements provide for indemnification for related expenses including, among other things, attorneys’ fees, judgments, fines
and settlement amounts incurred by any of these individuals in any action or proceeding. Holdco believes that these indemnification agreements
are necessary to attract and retain qualified persons as directors and officers. Holdco also maintains directors’ and officers’
liability insurance.

The limitation of liability and indemnification provisions in the Holdco A&R Articles may discourage shareholders from bringing a lawsuit against Holdco’s directors and officers for breach of their fiduciary duty. They may also reduce the likelihood of derivative litigation against Holdco’s directors and officers, even though an action, if successful, might benefit Holdco and its stockholders. Further, a shareholders’ investment may be adversely affected to the extent that Holdco pays the costs of settlement and damage.

<div align='center'>95

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT OF THE COMPANY</div>

The following table sets forth beneficial ownership of Class A Common Stock and Class B Common Stock by:

| ● | each                                                                                     
 person who is known to be the beneficial owner of more than 5% of the outstanding shares 
 of Class A Common Stock or Class B Common Stock;                                         |

| ● | Each                                                            
 of Holdco’s current named executive officers and directors; and |

| ● | All