Company: IPST
Filing Date: 2025-02-04
Form Type: 424B3
Source: 0001213900-25-010139
Chunk: 225

Company: Heritage Distilling Holding Company, Inc.
Filing Date: 2025-02-04
Form: 424B3
Chunk 225
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 the following:

| ● | any                                                        
 breach of their duty of loyalty to us or our stockholders; |

| ● | acts                                                                                         
 or omissions not in good faith or that involve intentional misconduct or a knowing violation 
 of law;                                                                                      |

<div align='center'>131</div>

| ● | unlawful                                                                                       
 payments of dividends or unlawful stock repurchases, or redemptions as provided in Section 174 
 of the DGCL; or                                                                                |

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

Our amended and restated bylaws also provide that
we will indemnify our directors and executive officers and may indemnify our other officers and employees and other agents to the fullest
extent permitted by law. Our amended and restated bylaws also permit us to secure insurance on behalf of any officer, director, employee
or other agent for any liability arising out of his or her actions in this capacity, regardless of whether our amended and restated bylaws
would permit indemnification. We plan on obtaining directors’ and officers’ liability insurance.

The limitation of liability and indemnification
provisions in our amended and restated certificate of incorporation and amended and restated bylaws may discourage stockholders from bringing
a lawsuit against directors for breach of their fiduciary duties. They may also reduce the likelihood of derivative litigation against
directors and officers, even though an action, if successful, might benefit us and our stockholders. A stockholder’s investment
may be harmed to the extent we pay the costs of settlement and damage awards against directors and officers pursuant to these indemnification
provisions. Insofar as indemnification for liabilities 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 may be unenforceable. There is no pending litigation or proceeding naming
any of our directors or officers as to which indemnification is being sought, nor are we aware of any pending or threatened litigation
that may result in claims for indemnification by any director or officer.

Indemnification of Officers and Directors

Our amended and restated certificate of incorporation
and amended and restated bylaws provide that we will indemnify each of our directors and officers to the fullest extent permitted by the
DGCL. Under the employment agreements for Justin Stiefel and Jennifer Stiefel, we have agreed