Company: LIDRW
Filing Date: 2025-08-11
Form Type: S-3
Source: 0000947871-25-000731
Chunk: 35

Company: AEye, Inc.
Filing Date: 2025-08-11
Form: S-3
Chunk 35
---
 partner,
employee, or trustee of, or in a similar capacity with, another corporation, partnership, joint venture, trust, or other enterprise, or
by reason of any action alleged to have been taken or omitted in such capacity, against all expenses (including attorneys’ fees)
and, to the extent permitted by law, amounts paid in settlement actually and reasonably incurred in connection with such action, suit,
or proceeding, and any appeal therefrom, if the Indemnitee acted in good faith and in a manner he or she reasonably believed to be in,
or not opposed to, our best interests, except that no indemnification shall be made with respect to any claim, issue, or matter as to
which such person shall have been adjudged to be liable to us, unless a court determines that, despite such adjudication but in view of
all of the circumstances, he or she is entitled to indemnification of such expenses. Notwithstanding the foregoing, to the extent that
any Indemnitee has been successful, on the merits or otherwise, he or she will be indemnified by us against all expenses (including attorneys’
fees) actually and reasonably incurred in connection therewith. Expenses must be advanced to an Indemnitee under certain circumstances.

We have entered into indemnification agreements
with each of our directors and officers. These indemnification agreements may require us, among other things, to indemnify our directors
and officers for some expenses, including attorneys’ fees, judgments, fines, and settlement amounts incurred by a director or officer
in any action or proceeding arising out of his or her service as one of our directors or officers, or any of our subsidiaries or any other
company or enterprise to which the person provides services at our request.

We maintain a general liability insurance policy
that covers certain liabilities of directors and officers of our corporation arising out of claims based on acts or omissions in their
capacities as directors or officers.

In any underwriting agreement we enter into
in connection with the sale of Common Stock being registered hereby, the underwriters will agree to indemnify, under certain conditions,
us, our directors, our officers, and persons who control us within the meaning of the Securities Act against certain liabilities.

| II-2 |

Item 16. Exhibits and Financial Statement Schedules.

| (a) | Exhibits. |

|         |     |                                                                                                                                            |     | Incorporated by Reference |     |         |     |            |
| Exhibit |     | Description