Company: CXAI
Filing Date: 2025-05-09
Form Type: S-1
Source: 0001829126-25-003532
Chunk: 111

Company: CXApp Inc.
Filing Date: 2025-05-09
Form: S-1
Chunk 111
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      | - |     | $           | 200,001 |     | $              | - |     | $            | - |     | $            | - |     | $     | 225,001 |
| Shanti Priya    |     | $           | 25,000 |     | $      | - |     | $           | 200,001 |     | $              | - |     | $            | - |     | $            | - |     | $     | 225,001 |
| George Mathai   |     | $           | 25,000 |     | $      | - |     | $           | 200,001 |     | $              | - |     | $            | - |     | $            | - |     | $     | 225,001 |

| (1) | The fair value of director restricted stock units granted are valued using the closing price of the Company’s common stock on the date of grant. |

<div align='center'>78</div>

Directors are entitled to reimbursement of ordinary and reasonable expenses incurred in exercising their responsibilities and duties as a director.

On August 26, 2024, the Board decided to maintain the current compensation structure and approved a grant of $200,000 restricted stock units to each director.

Limitation on Liability and Indemnification of Directors and Officers

The Company’s Charter contains provisions that limit the liability of the Company’s directors for damages to the fullest extent permitted by Delaware law. Consequently, the Company’s directors will not be personally liable to the Company or its stockholders for damages as a result of an act or failure to act in his or her capacity as a director, unless:

| ● | the presumption that directors are acting in good faith, on an informed basis, and with a view to the interests of the corporation has been rebutted; and |

| ● | it is proven that the director’s act or failure to act constituted a breach of his or her fiduciary duties as a director and such breach involved intentional misconduct, fraud or a knowing violation of law. |

The Company’s Charter requires the Company to indemnify and advance expenses to, to the fullest extent permitted by applicable law, its directors, officers and agents. The Company maintains a directors’ and officers’ insurance policy pursuant to which the Company’s directors and officers are insured against liability for actions taken in their capacities as directors and officers. Finally, the Company’s Charter prohibits any retroactive changes to the