Company: LIDRW
Filing Date: 2025-04-21
Form Type: DEFC14A
Source: 0001104659-25-036915
Chunk: 16

Company: AEye, Inc.
Filing Date: 2025-04-21
Form: DEFC14A
Chunk 16
---
 in any
material pending legal proceeding.

Except as otherwise set forth
in this Proxy Statement (including the Schedules hereto), (i) during the past 10 years, no Founder Group Nominee has been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors); (ii) no Founder Group Nominee directly or indirectly beneficially
owns any securities of the Company; (iii) no Founder Group Nominee owns any securities of the Company which are owned of record but not
beneficially; (iv) no Founder Group Nominee has purchased or sold any securities of the Company during the past two years; (v) no part
of the purchase price or market value of the securities of the Company owned by any Founder Group Nominee is represented by funds borrowed
or otherwise obtained for the purpose of acquiring or holding such securities; (vi) no Founder Group Nominee is, or within the past year
was, a party to any contract, arrangements or understandings with any person with respect to any securities of the Company, including,
but not limited to, joint ventures, loan or option arrangements, puts or calls, guarantees against loss or guarantees of profit, division
of losses or profits, or the giving or withholding of proxies; (vii) no associate of any Founder Group Nominee owns beneficially, directly
or indirectly, any securities of the Company; (viii) no Founder Group Nominee owns beneficially, directly or indirectly, any securities
of any parent or subsidiary of the Company; (ix) no Founders Group Nominee or any of his, her or its associates or immediate family members
was a party to any transaction, or series of similar transactions, since the beginning of the Company’s last fiscal year, or is
a party to any currently proposed transaction, or series of similar transactions, to which the Company or any of its subsidiaries was
or is to be a party, in which the amount involved exceeds $120,000; (x) no Founders Group Nominee or any of his, her or its associates
has any arrangement or understanding with any person with respect to any future employment by the Company or its affiliates, or with respect
to any future transactions to which the Company or any of its affiliates will or may be a party; (xi) no Founders Group Nominee has a
substantial interest, direct or indirect, by securities holdings or otherwise in any matter to be acted on at the Annual Meeting; (xii)
no Founders