Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 87

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 87
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 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 (iv) for any transaction from which the director derived an improper
personal benefit. No such provision may eliminate or limit the liability of a director for any act or omission occurring prior to the
date when such provision became effective.  The Company’s certificate of incorporation contains such a provision limiting
the personal liability of the Company’s directors to the extent permitted by the DGCL. 

Item 4. Mine Safety Disclosures

None.

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 Table of Contents

PART II

Item 5.  Market for the Registrant