Company: MSEX
Filing Date: 2025-05-12
Form Type: S-3ASR
Source: 0001104659-25-047075
Chunk: 19

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-12
Form: S-3ASR
Chunk 19
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| Transfer Agent and Registrar fees                   |     |            | ** |
| Printing fees                                       |     |            | ** |
| Miscellaneous                                       |     |            | ** |
| Total                                               |     | $          | ** |

| *  | Under SEC Rules 456(b) and 457(r), the SEC registration fee will be paid at the time of any particular offering of securities under this registration statement and is therefore not currently determinable. |
| ** | Because                                                                                                                                                                                                      
 an indeterminate amount of securities is being registered, the expenses in connection with the issuance and distribution of the securities                                                                   
 are not currently determinable. An estimate of these expenses for each offering under this registration statement will be reflected in                                                                       
 the prospectus supplement relating thereto.                                                                                                                                                                  |

| Item 15. | Indemnification of Directors and Officers |

Section 14A:3-5 of the
New Jersey Business Corporation Act (the “NJBCA”) gives the Registrant power to indemnify each of its directors and officers
against expenses and liabilities in connection with any proceeding involving him by reason of his being or having been a director or officer
if (a) he acted in good faith and in a manner he reasonably believed to be in, or not opposed to, the best interests of the Registrant,
and (b) with respect to any criminal proceeding, he had no reasonable cause to believe his conduct was unlawful. However, in a proceeding
by or in the right of the Registrant, there shall be no indemnification in respect of any liabilities or expenses if the officer or director
shall have been adjudged liable to the Registrant unless the Court in such proceeding determines he is entitled to indemnity for such
liabilities and/or expenses. No indemnification shall be made to or on behalf of a director or officer if a judgment or other final adjudication
adverse to such director or officer establishes that his acts or omissions (a) were in breach of his duty of loyalty to the Registrant
and its shareholders, (b) were not in good faith or involved a knowing violation of law or (c) resulted in receipt by the director
or officer of an improper personal benefit. The NJBCA defines an act or omission in breach of a person’s duty of loyalty as an act
or omission which that person knows or believes to be contrary to the best interests of the Corporation or its shareholders in connection
with a matter in which he has a material conflict of interest. If a director