Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 517

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 517
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 OSR Holdings Board, committees of the New OSR Holdings Board and individual directors and determining whether continued service on the New OSR Holdings Board is appropriate; •periodically reviewing and making recommendations to the New OSR Holdings Board regarding New OSR Holdings’ process for stockholder communications with the New OSR Holdings Board, and making such recommendations to the New OSR Holdings Board with respect thereto; •evaluating nominations by stockholders of candidates for election to the New OSR Holdings Board; •evaluating the structure and organization of the New OSR Holdings Board and its committees and making recommendations to the New OSR Holdings Board for approvals; •periodically reviewing New OSR Holdings’ corporate governance guidelines and code of business conduct and ethics and recommending to the New OSR Holdings’ Board any changes to such policies ad principles; and •reviewing periodically the nominating and corporate governance committee charter and recommending any proposed changes to the New OSR Holdings Board, including undertaking an annual review of its own performance. Code of Ethics New OSR Holdings will adopt a code of ethics that applies to all of its employees, officers and directors, including its principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions. Upon completion of the Business Combination, the full text of New OSR Holdings’ code of ethics will be posted on the investor relations section of its website. New OSR Holdings intends to disclose future amendments to its code of business conduct and ethics, or any waivers of such code, on its website. 326 Limitation of Liability and Indemnification of Directors and Officers If the Charter Proposal is approved and the Business Combination consummated, the Amended Charter will limit a director’s and officer’s liability to the fullest extent permitted under the DGCL. The DGCL permits a provision of the certificate of incorporation of a Delaware corporation to provide that directors and officers of the corporation will not be personally liable for monetary damages for breach of their fiduciary duties as directors or officers, except for liability: •for any transaction from which the director or officer derives an improper personal benefit; •for any act or omission not in good faith or that involves intentional misconduct or a knowing violation of law; •for a director under Section 174 of the DGCL; •for any breach of a duty of loyalty to the corporation or its stockholders; or •for an officer in any action by or in the right of the corporation. The Amended Bylaws provide that New OSR Holdings will, in certain situations, indemn