Company: LIDRW
Filing Date: 2025-01-16
Form Type: S-1
Source: 0000947871-25-000056
Chunk: 43

Company: AEye, Inc.
Filing Date: 2025-01-16
Form: S-1
Chunk 43
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| 37 |

In the event that a claim for indemnification against such liabilities
(other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection
with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.

The undersigned registrant hereby undertakes that, for purposes
of determining any liability under the Securities Act of 1933, each filing of the registrant’s annual report pursuant to section
13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s
annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration
statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial bona fide offering thereof.

| 38 |

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

Pursuant to the requirements of the Securities Act of 1933, the
registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, hereunto duly authorized, in Pleasanton,
California, on this 16th day of January, 2025.

| AEYE, INC.                        |                   |
| By:                               | /s/ Matthew Fisch |
| Name:  Matthew Fisch              |                   |
| Title:    Chief Executive Officer |                   |

| 39 |

<div align='center'>POWER OF ATTORNEY</div>

KNOWN ALL PERSON BY THESE PRESENTS, that each
person whose signature below constitutes and appoints Matthew Fisch as attorney-in-fact, with power of substitution, for his in any and
all capacities, to sign any amendments to this Registration Statement on Form S-1, and file the same, with exhibits thereto and other
documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said
attorneys-in-fact, or his