Company: HCTI
Filing Date: 2025-10-16
Form Type: S-3
Source: 0001213900-25-099533
Chunk: 37

Company: Healthcare Triangle, Inc.
Filing Date: 2025-10-16
Form: S-3
Chunk 37
---
 been adjudged to be liable to the Company unless and only to the extent that the Court
of Chancery or other adjudicating court determines that, despite the adjudication of liability but in view of all of the circumstances
of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court
shall deem proper.

Our amended and restated certificate of incorporation
provides that we will indemnify to the fullest extent permitted from time to time by the DGCL or any other applicable laws as presently
or hereafter in effect, any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative, including, without limitation, an action by or in the right
of the Company, by reason of his acting as a director or officer of the Company or any of its subsidiaries (and the Company, in the discretion
of the Board of Directors, may so indemnify a person by reason of the fact that he is or was an employee or agent of the Company or any
of its subsidiaries or is or was serving at the request of the Company in any other capacity for or on behalf of the Company) against
any liability or expense actually and reasonably incurred by such person in respect thereof; provided, however, the Company shall be required
to indemnify an officer or director in connection with an action, suit or proceeding (or part thereof) initiated by such person only if
(i) such action, suit or proceeding (or part thereof) was authorized by the Board of Directors and (ii) the indemnification does not relate
to any liability arising under Section 16(b) of the Exchange Act, as amended, or any rules or regulations promulgated thereunder. Such
indemnification is not exclusive of any other right to indemnification provided by law or otherwise.

<div align='center'>II-1</div>

If a claim is not paid in full by the Company,
the claimant may at any time thereafter bring suit against the Company to recover the unpaid amount of the claim and, if successful in
whole or in part, the claimant shall be entitled to be paid also the expense of prosecuting such claim. It shall be a defense to any such
action (other than an action brought to enforce a claim for expenses incurred in defending any proceeding in advance of its final disposition
where any undertaking required by the