Company: SMNR
Filing Date: 2025-10-21
Form Type: S-1
Source: 0001193125-25-245178
Chunk: 314

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-10-21
Form: S-1
Chunk 314
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 and Indemnification of Directors and Officers The Charter and Bylaws contain provisions that limit the liability of Semnur’s directors and officers for monetary damages to the fullest extent permitted by the DGCL. Consequently, Semnur’s directors and officers are not personally liable to Semnur or its stockholders for monetary damages for any breach of fiduciary duties as directors or officers, as applicable, except liability for the following:

| • |     | any breach of their duty of loyalty to Semnur or its stockholders; |

| • |     | acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law; |

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| • |     | unlawful payments of dividends or unlawful stock repurchases or redemptions in violation of the DGCL; |

| • |     | any transaction from which the director or the officer derived an improper personal benefit; or |

| • |     | with respect to any officer, any action by or in the right of the corporation. |

The Charter also provides that if the DGCL is amended to permit further elimination or limitation of the personal liability of directors, then the liability of Semnur’s directors or officers will be eliminated or limited to the fullest extent permitted by the DGCL, as so amended. The Bylaws provide that Semnur shall indemnify any Covered Person and who is or was a party to, is threatened to be made a party to, or is otherwise involved (including as a witness) in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, or investigative based on such person’s actions in his or her official capacity as a director or officer of Semnur or as a director, officer or trustee of another corporation, limited liability company, partnership, joint venture, employee benefit plan, trust, nonprofit entity or other enterprise (to the extent serving in such position at the request of Semnur), in each case against all liability and loss suffered (including, without limitation, any judgments, fines, excise taxes or penalties arising under the Employee Retirement Income Security Act of 1974 and amounts paid in settlement consented to in writing by Semnur) and expenses (including attorneys’ fees), actually and reasonably incurred by such person in connection therewith, subject to certain conditions. In addition, the Bylaws provide that Semnur may, to the fullest extent permitted by law, (i) advance costs, fees or expenses (including attorneys’ fees) incurred by a Covered