Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 1165

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7A
Chunk 1165
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settlement or payment of a judgment in some circumstances and insures us against our obligations to indemnify our officers and directors.

These provisions may discourage
stockholders from bringing a lawsuit against our directors for breach of their fiduciary duty. These provisions also may have the effect
of reducing the likelihood of derivative litigation against directors and officers, even though such an action, if successful, might
otherwise benefit us and our stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent we pay
the costs of settlement and damage awards against officers and directors pursuant to these indemnification provisions.

We believe that these provisions,
the insurance and the indemnity agreements are necessary to attract and retain talented and experienced officers and directors.

Notwithstanding the above,
insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling
us pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public
policy as expressed in the Securities Act and is therefore unenforceable.

Stockholder Communications with the Board 

A stockholder who wishes
to communicate with our Board of Directors may do so by directing a written request addressed to our Secretary, 1334 Brittmoore
Rd, Suite 190, Houston Texas 77043, who, upon receipt of any communication other than one that is clearly marked “Confidential,”
will note the date the communication was received, open the communication, make a copy of it for our files and promptly forward the communication
to the director(s) to whom it is addressed. Upon receipt of any communication that is clearly marked “Confidential,”
our Secretary will not open the communication, but will note the date the communication was received and promptly forward the communication
to the director(s) to whom it is addressed.

Policy on Equity Ownership

The Company does not have
a policy on equity ownership at this time.

Insider Trading/Policy Against Hedging

The Company adopted an insider
trading policy in March 2025 which governs the purchase, sale and other dispositions of the Company’s securities that applies to
all Company personnel, including directors, officers, employees, and other covered persons. The Company also plans to follow procedures
for the repurchase of any shares of its securities. The Company believes that its insider trading policy and planned repurchase procedures
are reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to the