Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 58

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 58
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 or agent of the corporation against
all expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such
action, suit or proceeding if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed
to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his
or her conduct was unlawful. A corporation may similarly indemnify such person for expenses actually and reasonably incurred by such person
in connection with the defense or settlement of any action or suit by or in the right of the corporation, provided that such person
acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation, and,
in the case of claims, issues and matters as to which such person shall have been adjudged liable to the corporation, provided
that a court shall have determined, upon application, that, despite the adjudication of liability but in view of all of the circumstances
of the case, such person is fairly and reasonably entitled to indemnity for such expenses which such court shall deem proper.

The Company’s certificate of incorporation
and bylaws provide that, subject to limited exceptions and requirements, the Company is required to indemnify its directors and officers,
and each person serving at the request of the Company as a director, officer, incorporator, partner, manager or trustee of another entity,
to the fullest extent permitted by the DGCL.  The Company’s bylaws also provide that, subject to limited exceptions and
requirements, the Company is required to advance to such person’s expenses (including attorney’s fees) incurred by them in
defending and preparing for the defense of any proceeding or investigation in respect of which indemnification may be available.

Section 102(b)(7) of the DGCL provides, generally,
that the certificate of incorporation of a corporation may contain a provision eliminating or limiting the personal liability of a director
to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, provided that such provision may
not eliminate or limit the liability of a director (i) for any breach of the director's duty of loyalty to the corporation or its
stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law,
(iii) under section 174 of Title 8 of the DGCL, or (