Company: PAMT
Filing Date: 2025-01-21
Form Type: S-8
Source: 0001437749-25-001500
Chunk: 3

Company: PAMT CORP
Filing Date: 2025-01-21
Form: S-8
Chunk 3
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 statement. Any statement contained herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in any subsequently filed Incorporated Document modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

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Item 4. Description of Securities.

Not applicable.

Item 5. Interests of Named Experts and Counsel.

Not applicable.

Item 6. Indemnification of Directors and Officers.

Under Section 78.7502 of the Nevada Revised Statutes (the “NRS”), a corporation may indemnify its current and former directors, officers, employees and agents in any nonderivative action, suit or proceeding against attorneys’ fees and other expenses, judgments and amounts paid in settlement that the person actually and reasonably incurred in connection with the action, suit or proceeding. The person seeking indemnity may recover as long as he or she is not liable to the corporation for breach of his or her fiduciary duties or he or she 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. With respect to any criminal proceeding, the person seeking indemnification also must not have had any reasonable cause to believe his or her conduct was unlawful. In any derivative action, suit or proceeding (brought by or in the right of the corporation), the NRS permits the corporation to indemnify its current and former directors, officers, employees and agents against expenses, including attorneys’ fees and amounts paid in settlement, that the person actually and reasonably incurred, provided the person seeking indemnity either is not liable to the corporation for breach of his or her fiduciary duties or he or she 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. The NRS does not permit indemnification in any derivative action, suit or proceeding where such person has been adjudged liable to the corporation, unless, and only to the extent that, a court determines that such person fairly and reasonably is entitled to indemnity for such expenses as the court deems proper. In addition, under the NRS, no discretionary indemnification is permitted by a corporation unless the corporation, through its shareholders, directors or independent counsel, decides that indemnification is proper. Under Section 78.751 of the NRS, however, indemn