Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 218

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 218
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 any Governmental Entity in connection with the transactions
contemplated hereby, or (c) any Action commenced or, to such Party’s knowledge, threatened against, relating to or involving or otherwise affecting such Party or any of its Subsidiaries which relate to the transactions contemplated
hereby; , , that no such notification shall affect any of the representations, warranties, covenants, rights or remedies, or the conditions to the obligations of, the Parties hereunder.

Section 5.8 .

(a) From and after the Merger Effective Time, Parent shall cause the Surviving Company to indemnify and hold harmless each present and former
director and officer of the Company determined as of the Merger Effective Time (the “”), against any costs or expenses (including reasonable attorneys’ fees), judgments, fines, losses, claims, damages or
liabilities incurred in connection with any Action arising out of the fact that such Indemnified Party is or was a director or officer of the Company, whether asserted or claimed prior to, at or after the Merger Effective Time, to the fullest extent
that the Company would have been permitted under the Laws of the State of Maryland and the Company Group Organizational Documents in effect on the date of this Agreement to indemnify such Person (and Parent and the Surviving Company shall also
advance expenses as incurred to the fullest extent permitted under applicable Law and the Company Group Organizational Documents; , that the Person to whom expenses are advanced shall provide an undertaking to repay such advances if
it is ultimately determined that such Person is not entitled to indemnification).

(b) For six years after the Merger Effective Time,
Parent shall cause to be maintained in effect the provisions in the Company Group Organizational Documents in existence on the date of this Agreement and made available to Parent regarding elimination of liability, indemnification of officers,
directors and employees and advancement of expenses that are in existence on the date hereof, and no such provision shall be amended, modified or repealed in any manner that would adversely affect the rights or protections thereunder of any such
Indemnified Party in respect of acts or omissions occurring or alleged to have occurred at or prior to the Merger Effective Time (including acts or omissions occurring in connection with the approval of this Agreement and the consummation of the
Merger or any of the other transactions contemplated by this Agreement).

A-39

(c) At or prior to the Merger Effective Time, the Company shall purchase a six year prepaid
“tail”