Company: SUNE
Filing Date: 2025-04-22
Form Type: S-3
Source: 0001213900-25-033892
Chunk: 60

Company: SUNation Energy, Inc.
Filing Date: 2025-04-22
Form: S-3
Chunk 60
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, pending or completed action
or suit by or in the right of our company to procure a judgment in its favor by reason of the fact that the person is or was a director,
officer, employee or agent of our company, 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 against expenses (including attorneys’ fees)
actually and reasonably incurred by the person in connection with the defense or settlement of such action or suit if the person acted
in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of our company and except that
no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable
to our company; unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine
upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and
reasonably entitled to indemnity for such expenses that the Court of Chancery or such other court shall deem proper.

Bylaws

Our bylaws provide that we will indemnify each
person who was or is made a party or is threatened to be made a party to or is otherwise involved in any action, suit or proceeding, whether
civil, criminal, administrative or investigative (a “proceeding”), by reason of the fact that he/she is or was our director
or an officer or is or was serving at our request, as a director, officer, employee or agent of another corporation or of a partnership,
joint venture, trust or other enterprise, including service with respect to an employee benefit plan (an “indemnitee”), whether
the basis of such proceeding is alleged action in an official capacity as a director, officer, employee or agent or in any other capacity
while serving as a director, officer, employee or agent, shall be indemnified and held harmless by us to the fullest extent authorized
by the DGCL, as the same exists or may hereafter be amended (but, in the case of any such amendment, only to the extent that such amendment
permits us to provide broader indemnification rights than such law permitted us to provide prior to such amendment), against all expense,
liability and loss (including without limitation reasonable attorney’s fees, professional fees, expert fees