Company: NDRA
Filing Date: 2025-11-06
Form Type: S-3
Source: 0001213900-25-107232
Chunk: 43

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-11-06
Form: S-3
Chunk 43
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urchase in violation of Delaware corporate law or obtained an improper personal benefit. The Company’s
Certificate of Incorporation provides for this limitation of liability. Article NINTH of our Fourth Amended and Restated Certificate
of Incorporation states that our directors shall not be personally liable to us or to our stockholders for monetary damages for any breach
of fiduciary duty as a director, notwithstanding any provision of law imposing such liability.

Article EIGHTH of our Fourth
Amended and Restated Certificate of Incorporation provides that we shall indemnify (and advance expenses to) our officers and directors
to the full extent permitted by the DGCL.

All of the Company’s
directors and officers are covered by insurance policies maintained by the Company against specified liabilities for actions taken in
their capacities as such, including liabilities under the Securities Act. Such insurance also insures us against losses which we may
incur in indemnifying our officers and directors.

As permitted by the DGCL,
we have entered into indemnification agreements with each of our directors and executive officers that require us to indemnify them against
various actions including, but not limited to, third-party actions where such director or executive officer, by reason of his or her
corporate status, is a party or is threatened to be made a party to an action, or by reason of anything done or not done by such director
in any such capacity. We indemnify directors and executive officers against all costs, judgments, penalties, fines, liabilities, amounts
paid in settlement by or on behalf of such directors or executive officers and for any expenses actually and reasonably incurred by such
directors or executive officers in connection with such action, if such directors or executive officers acted in good faith and in a
manner they reasonably believed to be in or not opposed to our best interests, and with respect to any criminal proceeding, had no reasonable
cause to believe their conduct was unlawful. We also intend to advance to our directors and executive officers expenses (including attorney’s
fees) incurred by or on behalf of such directors and executive officers in advance of the final disposition of any action after our receipt
of a statement or statements from directors or executive officers requesting such payment or payments from time to time, provided that
such statement or statements are preceded or accompanied by a written undertaking, by or on behalf of such directors or executive officers,
to repay such amount if it shall ultimately be determined that they are not entitled to be indemnified against such expenses by us.

The indemnification