Company: LIDRW
Filing Date: 2025-05-12
Form Type: POS AM
Source: 0000947871-25-000486
Chunk: 43

Company: AEye, Inc.
Filing Date: 2025-05-12
Form: POS AM
Chunk 43
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cause to believe his or her conduct was unlawful.

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Our Amended Charter provides that we will indemnify
any Indemnitee who was or is a party to an action or suit by or in the right of us to procure a judgment in our favor by reason of the
fact that the Indemnitee is or was, or has agreed to become, a director or officer, or is or was serving, or has agreed to serve, at our
request as a director, officer, 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