Company: BOF
Filing Date: 2025-07-03
Form Type: S-3
Source: 0001641172-25-017784
Chunk: 24

Company: BranchOut Food Inc.
Filing Date: 2025-07-03
Form: S-3
Chunk 24
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 act or omission that is the subject of the civil, criminal, administrative or investigative action,
suit or proceeding for which indemnification or advancement of expenses is sought, unless the provision in effect at the time of such
act or omission explicitly authorizes such elimination or impairment after such action or omission has occurred.

The articles of incorporation of the Company provide that to the fullest
extent permitted under the NRS (including, without limitation, to the fullest extent permitted under NRS 78.7502 and 78.751(3)) and other
applicable law, the Company shall indemnify directors and officers of the Company in their respective capacities as such and in any and
all other capacities in which any of them serves at the request of the Company. The articles of incorporation of the Company further provide
that the liability of its directors and officers shall be eliminated or limited to the fullest extent permitted by the NRS, and that if
the NRS are amended to further eliminate or limit or authorize corporate action to further eliminate or limit the liability of directors
or officers, the liability of directors and officers of the Company shall be eliminated or limited to the fullest extent permitted by
the NRS, as so amended from time to time; and in addition to any other rights of indemnification permitted by the laws of the State of
Nevada or as may be provided for by the Company in its bylaws or by agreement, the expenses of directors and officers incurred in defending
a civil or criminal action, suit or proceeding, involving alleged acts or omissions of such director or officer in his or her capacity
as a director or officer of the Company, must be paid, by the Company or through insurance purchased and maintained by the Company or
through other financial arrangements made by the Company, as they are incurred and in advance of the final disposition of the action,
suit or proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay the amount if it is ultimately
determined by a court of competent jurisdiction that he or she is not entitled to be indemnified by the Company.

Further, the Company has entered into indemnification
agreements with each of its directors and executive officers that may be broader than the specific indemnification provisions contained
in the NRS. Such agreements may require the Company, among other things, to advance expenses and otherwise indemnify its executive officers
and directors against certain liabilities that may arise by reason of their status or service as executive officers or directors, to the
fullest extent