Company: WELNF
Filing Date: 2025-11-12
Form Type: DEFM14A
Source: 0001104659-25-109577
Chunk: 295

Company: Integrated Wellness Acquisition Corp
Filing Date: 2025-11-12
Form: DEFM14A
Chunk 295
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 a party because he or she was a director of the corporation against reasonable expenses incurred by the director in connection with the proceeding.                                                                                                                                                                                                                                                                                       
 Section 14-2-856 of the GBCC provides that a Georgia corporation’s articles of incorporation may set forth a provision eliminating or limiting the liability of a director to the corporation or its shareholders for monetary damages for any action taken, or any failure to take any action, as a director, except liability: (1) for any appropriation, in violation of his or her duties, of any business opportunity of the corporation, (2) for acts or omissions which involve intentional misconduct or a knowing violation of law, (3) for unlawful distributions,; or (4) for any transaction from which the director received an | ​ | ​ | Article VI of the Proposed Charter will provide for, upon completion of the Business Combination, rights to indemnification, advancement of expenses, right for indemnitee to bring suit, non-exclusivity of rights, a requirement for Pubco to maintain insurance for relevant actions, and indemnification of employees and agents of Pubco.                                                                                                                                                                                                                                                                                                                                                                                                                 
 Section 6.01 of the Proposed Charter states that, to the fullest extent permitted by the DGCL, directors and officers of Pubco shall not be personally liable to Pubco or its stockholders for monetary damages or breaches of fiduciary duties.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 Section 145 of the DGCL provides that a Delaware corporation may limit or eliminate a director’s or officer’s personal liability for monetary damages to the corporation or its stockholders for breach of fiduciary duty as a director, except for liability for: (1) any breach of the director’s or officer’s duty of loyalty to the corporation or its stockholders, (2) acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (3) willful or negligent violation of provisions of Delaware law governing payment of dividends and stock purchases or redemption, (4) any transaction from which the director or officer derived an improper personal benefit, or (5) with respect to any officer, in | ​ |

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TABLE OF CONTENTS

| Provision   | ​ | ​ | Btab Charter/Btab Bylaws/GeorgiaBusiness Corporate Code                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | ​ | ​ | Proposed Charter/Proposed Bylaws/Delaware General Corporate Law                                                                                                                                                                                                                                                                                                           | ​ |
| ​           | ​ | ​ | improper personal benefit; provided, in each case, that no such