Company: AEMD
Filing Date: 2025-07-25
Form Type: DRS
Source: 0001683168-25-005397
Chunk: 86

Company: AETHLON MEDICAL INC
Filing Date: 2025-07-25
Form: DRS
Chunk 86
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 action by or in the right of the
corporation, by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving
at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust
or other enterprise or as a manager of a limited liability company, or any claim, issue or matter in such action.

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NRS
78.751 provides that the indemnification pursuant to NRS 78.7502 shall not be deemed exclusive or exclude any other rights to which the
indemnified party may be entitled (except that indemnification may not be made to or on behalf of any director or officer finally adjudged
by a court of competent jurisdiction, after exhaustion of any appeals taken therefrom, to be liable for intentional misconduct, fraud
or a knowing violation of the law and such intentional misconduct, fraud or a knowing violation of the law was material to the cause of
action) and that the indemnification shall continue as to directors, officers, employees or agents who have ceased to hold such positions,
and to their heirs, executors and administrators. NRS 78.752 permits a corporation to purchase and maintain insurance on behalf of a director,
officer, employee or agent of the corporation against any liability asserted against him or her or incurred by him or her in any such
capacity or arising out of his or her status as such whether or not the corporation would have the power to indemnify him or her against
such liabilities.

Bylaws

Our
bylaws include express provisions providing for the indemnification of our directors and officers to the fullest extent permitted under
the NRS, and the mandatory payment by us of expenses incurred by such persons in defending a civil or criminal action, suit or proceeding
in advance of the final disposition of the action, suit or proceeding, upon receipt of an undertaking by or on behalf of the director
or officer to repay the amount if it is ultimately determined that such person is not entitled to be indemnified by us. Our bylaws also
permit us to purchase and maintain insurance or make other financial arrangements on behalf of any such person for certain liability and
expenses, whether or not we have the authority to indemnify such person against such liability and expenses.

Liability Insurance

We
maintain directors’ and officers’ liability insurance covering our directors and officers against expenses and liabilities
arising from certain actions to