Company: ARMP
Filing Date: 2025-08-13
Form Type: S-3
Source: 0001104659-25-077648
Chunk: 43

Company: Armata Pharmaceuticals, Inc.
Filing Date: 2025-08-13
Form: S-3
Chunk 43
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 (a) acts or omissions of the director or officer
finally adjudged to be intentional misconduct or a knowing violation of law, (b) conduct of the director or officer finally adjudged
to be in violation of Section 23B.08.310 of the WBCA (which section relates to unlawful distributions) or (c) any transaction
with respect to which it was finally adjudged that such director personally received a benefit in money, property or services to which
the director was not legally entitled.

Article 11 of the registrant’s
articles of incorporation, provides that, to the fullest extent that the WBCA permits the limitation or elimination of the liability of
a director, a director shall not be liable to the registrant or its shareholders for monetary damages for conduct as a director. Section 10
of the registrant’s amended and restated bylaws requires the registrant to indemnify every present or former director or officer
against expenses, liabilities and losses incurred in connection with serving as a director or officer, as applicable, and to advance expenses
of such director or officer incurred in defending any proceeding covered by the indemnity.

The registrant maintains a
policy of directors’ and officers’ liability insurance that insures the directors and officers against the cost of defense,
settlement or payment of a judgment under certain circumstances. The registrant has also entered into indemnification agreements with
its executive officers and directors that provide for the indemnification of directors and executive officers to the fullest extent permitted
by the Washington Business Corporation Act against expenses reasonably incurred by such persons in any threatened, pending or completed
action, suit, investigation or proceeding in connection with their service as (i) a director or officer or (ii) a director,
officer, employee or agent of another corporation or of a partnership, joint venture, trust or other enterprise, including service with
respect to employee benefit plans, at the registrant’s request. In addition, the indemnification agreements provide the registrant
with the obligation to advance expenses under certain circumstances and provide for procedural protections, including a determination
by a reviewing party as to whether the indemnitee is permitted to be indemnified under applicable law. In addition, the registrant acknowledges
that it will be the indemnitor of first resort should the indemnitee have rights to indemnification provided by other persons.

The registrant may enter into
one or more underwriting agreements which provides that the underwriters are obligated, under some circumstances, to indemnify the registr