Document:

Exhibit 10.11

 

REGISTRATION RIGHTS AGREEMENT

 

This REGISTRATION RIGHTS
AGREEMENT (this “Agreement”) dated as of [·], 2017, by and among
Inhibikase Therapeutics, Inc., a Delaware corporation (the “Company”) and [MW] (the “Stockholder”).
Capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in Section 1.

 

WHEREAS, the Stockholder
desire to enter into this Agreement in order to provide for certain registration rights with respect to the Company.

 

NOW, THEREFORE, in consideration
of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties to this Agreement hereby agree as follows:

 

1.          Definitions.
As used herein, the following terms shall have the following meanings:

 

“Agreement”
has the meaning set forth in the Preamble.

 

“Board”
means the Board of Directors of the Company.

 

“Common Stock”
means, collectively, (i) the Company’s Common Stock, $0.001 par value per share; (ii) any other class of common stock of
the Company; and (iii) any capital stock of the Company issued or issuable with respect to the securities referred to in clauses
(i) or (ii) above whether by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization,
merger, consolidation or other reorganization.

 

“Company”
has the meaning set forth in the Preamble.

 

“Demand Registrations”
has the meaning set forth in Section 2(a)(ii).

 

“Equity Securities”
means, as applicable, (i) any capital stock or other share capital; (ii) any securities directly or indirectly convertible into
or exchangeable for any capital stock or other share capital or containing any profit participation features; (iii) any rights
or options directly or indirectly to subscribe for or to purchase any capital stock, other share capital or securities containing
any profit participation features or to subscribe for or to purchase any securities directly or indirectly convertible into or
exchangeable for any capital stock, other share capital or securities containing any profit participation features; or (iv) any
securities issued or issuable with respect to the securities referred to in clauses (i) through (iii) above in connection with
a combination of shares, exchange, recapitalization, merger, consolidation or other reorganization.

 

“Exchange Act”
means the Securities Exchange Act of 1934, as amended.

 

“FINRA”
means the Financial Industry Regulatory Authority.

 

“Free Writing Prospectus”
means a free–writing prospectus, as defined in Rule 405 of the Securities Act.

 

    	 

    	

    

 

“IPO”
means the initial public offering of the Company.

 

“Long-Form Registrations”
has the meaning set forth in Section 2(a)(i).

 

Person” means
an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint
venture, an unincorporated organization or other entity, or a governmental entity (or any department, agency or political subdivision
thereof).

 

“Piggyback Registration”
has the meaning set forth in Section 3(a).

 

“Public Offering”
means an underwritten public offering and sale of Common Stock pursuant to an effective registration statement under the Securities
Act; provided, that a Public Offering shall not include an offering made in connection with a business acquisition or combination
pursuant to a registration statement on Form S-4 or any similar form, or an employee benefit plan pursuant to a registration statement
on Form S-8 or any similar form.

 

“Registrable Securities”
means (i) any Common Stock acquired by, issued or issuable to, or otherwise owned by any party hereto (or any such party’s
affiliates on or after the date hereof and (ii) any Equity Securities of the Company issued or issuable (directly or indirectly)
with respect to the securities referred to in clause (i) by way of a stock dividend or stock split or in connection with a combination
of stock, recapitalization, merger, consolidation or other reorganization. For purposes of this Agreement, a Person will be deemed
to be a holder of Registrable Securities whenever such Person has the right to acquire directly or indirectly such Registrable
Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions
or limitations upon the exercise of such right), whether or not such acquisition has actually been effected. Such securities will
cease to be Registrable Securities when sold pursuant to Rule 144 or any offering registered under the Securities Act. Notwithstanding
anything herein to the contrary, the Company shall not be required to register any Equity Securities other than Common Stock.

 

“Registration Expenses”
means all fees and expenses incident to the Company’s performance of or compliance with this Agreement, including, without
limitation, (i) all registration and filing fees (including, without limitation, (A) fees with respect to filings required to be
made with FINRA in connection with an underwritten offering, (B) fees and expenses of compliance with state securities or “blue
sky” laws, and (C) transfer taxes); (ii) printing, messenger, telephone and delivery expenses; (iii) fees and disbursements
of counsel for the Company; (iv) the reasonable fees and disbursements of one (1) counsel for the Stockholder, which counsel shall
be chosen by Stockholder; (v) fees and disbursements of all independent certified public accountants referred to in Section
4; (vi) underwriters’ fees and expenses (excluding discounts, commissions, or fees of underwriters, selling brokers,
dealer managers or similar securities industry professionals relating to the distribution of the Registrable Securities); (vii)
Securities Act liability insurance, if the Company so desires such insurance; (viii) internal expenses of the Company; (ix) the
expense of any annual audit; (x) the fees and expenses incurred in connection with the listing of the securities to be registered
on any securities exchange; and (xi) the fees and expenses of any Person, including special experts, retained by the Company.

 

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“Rule 144”
means Rule 144 under the Securities Act (or any similar rule then in force).

 

“Securities Act”
means the Securities Act of 1933, as amended.

 

“Shelf Registration
Statement” has the meaning set forth in Section 2(c).

 

“Short-Form Registrations”
has the meaning set forth in Section 2(a)(i).

 

“Stockholder”
has the meaning set forth in the Preamble.

 

2.           Demand
Registrations.

 

(a)          Requests
for Registration.

 

(i)          Subject
to this Section 2, at any time following the first anniversary of the closing of the IPO, the Stockholder may request registration,
whether underwritten or otherwise, under the Securities Act of the Registerable Securities held by the Stockholder, on the date
thereon, on Form S-1 or any similar long-form registration (“Long-Form Registrations”) or on Form S-3 or
any similar short-form registration (“Short-Form Registrations”), if available.

 

(ii)         Each
request for a Long-Form Registration or a Short-Form Registration pursuant to Section 2(a)(i) shall specify the approximate
number of Registrable Securities requested to be registered, the anticipated per share price range for such offering and the intended
method of distribution. All registrations requested pursuant to this Section 2(a) are referred to herein as “Demand
Registrations”.

 

(b)          Long-Form
Registrations. The Stockholder will be entitled to request two (2) Long-Form Registrations and the Company will pay all Registration
expenses associated therewith. A registration will not count as such a permitted Long-Form Registration until it has become effective.

 

(c)          Short-Form
Registrations. The Stockholder will be entitled to request an unlimited number of Short-Form Registrations and the Company
will pay all Registration Expenses associated therewith; provided, however, that the Company will not be required to effect
a Short-Form Registration if the Company has already effected two (2) Short-Form Registrations for the Stockholder in the immediately
preceding twelve (12) month period. After the Company has become subject to the reporting requirements of the Exchange Act, the
Company will use its commercially reasonable efforts to make Short-Form Registrations available for the sale of Registrable Securities
on a shelf registration statement on Form S-3, pursuant to Rule 415(a)(1)(x) under the Securities Act (a “Shelf Registration
Statement”).

 

(d)          Restrictions
on Demand Registrations. The Company will not be obligated to effect any Demand Registration (i) within three (3) months
after the effective date of a previous Demand Registration or (ii) if the Company shall furnish to the Stockholder a certificate
stating that in the good faith judgment of the Board, it would be materially harmful to the economic prospects of the Company for
such Demand Registration to be effected at such time, in which event the Company shall have the right to defer such filing for
a period of not more than 60 days after receipt of the initial request for the Demand Registration; provided that such right
to delay a request shall be exercised by the Company not more than twice in any twelve-month period; provided, further,
that in such event, the Stockholder shall be entitled to withdraw such request and, if such request is withdrawn, such Demand Registration
shall not count as one of the permitted Demand Registrations hereunder and the Company shall pay all Registration Expenses associated
therewith.

 

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3.           Piggyback
Registrations.

 

(a)          Right
to Piggyback. Whenever the Company proposes to register any shares of its Common Stock under the Securities Act (other than
pursuant to (i) the Company’s IPO (if the applicable underwriters request that only securities to be sold by the Company
be included in such offering), (ii) a Demand Registration (which shall be governed by Section 2 hereof) or (iii) a registration
statement on Form S-8 or S-4 or any similar or successor form) and the registration form to be used may be used for the registration
of Registrable Securities (a “Piggyback Registration”), the Company will give at least 30 days’ prior
written notice to Stockholder of its intention to effect such a registration and will, subject to the provisions of this Agreement
including clauses (c) and (d) below, include in such registration (and in all related registrations or qualifications under blue
sky laws or in compliance with other registration requirements and in any related underwriting) all Registrable Securities with
respect to which the Company has received written requests for inclusion therein within fifteen (15) days after the receipt of
the Company’s notice.

 

(b)          Priority
on Piggyback Registrations. The Company will include in such registration all securities requested to be included in such registration;
provided that if the managing underwriters advise the Company in writing that in their opinion the number of securities
requested to be included in such registration exceeds the number which can be sold in such offering without adversely affecting
the marketability of the offering, the Company will include in such registration (i) first, the securities the Company
proposes to sell, (ii) second, the number of Registrable Securities requested to be included in such registration by
the Stockholder, and (iii) third, other securities, if any, requested to be included in such registration pro rata,
if necessary, among the holders of such other securities on the basis of the number of such other securities requested to be included
therein by each such holder.

 

(c)          Obligations
of Seller. During such time as the Stockholder may be engaged in a distribution of securities pursuant to an underwritten Piggyback
Registration, the Stockholder shall distribute any Registrable Securities held by the Stockholder only under the registration statement
and solely in the manner described therein.

 

(d)          Registration
Expenses. The Company will pay all Registration Expenses in connection with any Piggyback Registration whether or not such
Piggyback Registration has become effective.

 

4.           Registration
Procedures. Whenever the Stockholder requests that any Registrable Securities be registered pursuant to this Agreement,
the Company will use commercially reasonable efforts to effect the registration and the sale of such Registrable Securities in
accordance with the intended method of disposition thereof. Pursuant thereto, the Company will as expeditiously as possible:

 

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(a)          in
accordance with the Securities Act and all applicable rules and regulations promulgated thereunder, prepare and file with the Securities
and Exchange Commission a registration statement, and all amendments and supplements thereto and related prospectuses, with respect
to such Registrable Securities and use commercially reasonable efforts to cause such registration statement to become effective;
provided, that before filing a registration statement or prospectus or any amendments or supplements thereto, the Company
will furnish to one counsel selected by Stockholder copies of all such documents proposed to be filed which documents shall be
subject to the review and comment of such counsel, and include in any registration statement or prospectus, as applicable, such
additional information reasonably requested Stockholder, or the underwriters, if any, for marketing purposes, whether or not required
by applicable securities laws;

 

(b)          notify
Stockholder of the effectiveness of each registration statement (including a Shelf Registration Statement) filed hereunder and
prepare and file with the Securities and Exchange Commission such amendments and supplements to such registration statement and
the prospectus used in connection therewith as may be necessary to keep such registration statement effective for the lesser of
(x) 180 days and (y) such shorter period which will terminate when all Registrable Securities covered by the registration
statement have been sold and comply with the provisions of the Securities Act with respect to the disposition of all securities
covered by such registration statement during such period in accordance with the intended methods of disposition by the sellers
thereof set forth in such registration statement; provided, that in the case of the Shelf Registration Statement, the Company
shall use commercially reasonable efforts to keep such Shelf Registration Statement continuously effective under the Securities
Act in order to permit the prospectus forming part of the Shelf Registration Statement to be usable by the Stockholder until the
earlier of (a) the date upon which all Registrable Securities covered by the Shelf Registration Statement have been sold pursuant
to the Shelf Registration Statement and (b) the date upon which all included securities have ceased to be Registrable Securities;

 

(c)          furnish
to Stockholder thereunder such number of copies of such registration statement, each amendment and supplement thereto, the prospectus
included in such registration statement (including each preliminary prospectus), each Free Writing Prospectus and such other documents
as such seller may reasonably request in order to facilitate the disposition of the Registrable Securities owned by Stockholder;

 

(d)          use
commercially reasonable efforts to register or qualify such Registrable Securities under such other securities or blue sky laws
of such jurisdictions as any seller reasonably requests and do any and all other acts and things which may be reasonably necessary
or advisable to enable such seller to consummate the disposition in such jurisdictions of the Registrable Securities owned by such
seller; provided, that the Company will not be required to (i) qualify generally to do business in any jurisdiction
where it would not otherwise be required to qualify but for this subsection, (ii) subject itself to taxation in any such jurisdiction
or (iii) consent to general service of process (i.e., service of process which is not limited solely to securities
law violations) in any such jurisdiction;

 

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(e)          notify
Stockholder (i) promptly after it receives notice thereof, of the date and time when such registration statement and each
post-effective amendment thereto has become effective or a prospectus or supplement to any prospectus relating to a registration
statement has been filed and when any registration or qualification has become effective under a state securities or blue sky law
or any exemption thereunder has been obtained, (ii) promptly after receipt thereof, of any request by the Securities and Exchange
Commission for the amendment or supplementing of such registration statement or prospectus or for additional information, and (iii)
at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any event
the result of which the prospectus included in such registration statement contains an untrue statement of a material fact or omits
any fact necessary to make the statements therein not misleading, and in such event, at the request of any such seller, the Company
will promptly prepare a supplement or amendment to such prospectus so that, as thereafter delivered to the purchasers of such Registrable
Securities, such prospectus will not contain an untrue statement of a material fact or omit to state any fact necessary to make
the statements therein not misleading;

 

(f)          prepare
and file promptly with the Securities and Exchange Commission, and notify the Stockholder prior to the filing of, such amendments
or supplements to such registration statement or prospectus as may be necessary to correct any statements or omissions if, at the
time when a prospectus relating to such securities is required to be delivered under the Securities Act, any event has occurred
the result of which any such prospectus or any other prospectus as then in effect would include an untrue statement of a material
fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading,
and, in case the Stockholder or any underwriter for the Stockholder is required to deliver a prospectus at a time when the prospectus
then in circulation is not in compliance with the Securities Act or the rules and regulations promulgated thereunder, the Company
shall use commercially reasonable efforts to prepare promptly upon request of the Stockholder or underwriter such amendments or
supplements to such registration statement and prospectus as may be necessary in order for such prospectus to comply with the requirements
of the Securities Act and such rules and regulations;

 

(g)          cause
all such Registrable Securities to be listed on each securities exchange on which similar securities issued by the Company are
then listed;

 

(h)          provide
a transfer agent and registrar for all such Registrable Securities not later than the effective date of such registration statement;

 

(i)          enter
into and perform such customary agreements (including underwriting agreements in customary form) and take all such other actions
as the Stockholder reasonably requests in order to expedite or facilitate the disposition of such Registrable Securities (including,
without limitation, participation in “road shows,” investor presentations and marketing events);

 

(j)          make
available at reasonable times for inspection by Stockholder, any underwriter participating in any disposition pursuant to such
registration statement and any attorney, accountant or other agent retained by any such seller or underwriter, all financial and
other records, pertinent corporate documents and properties of the Company, and cause the Company’s officers, directors,
employees and independent accountants to supply all information reasonably requested by any such seller, underwriter, attorney,
accountant or agent in connection with such registration statement subject to the applicable Person(s) executing a nondisclosure
agreement in reasonable form and substance if reasonably required by the Company;

 

(k)          otherwise
use commercially reasonable efforts to comply with all applicable rules and regulations of the Securities and Exchange Commission,
and make available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at
least twelve (12) months beginning with the first day of the Company’s first full calendar quarter after the effective date
of the registration statement (or, if such information is not available, the most recently available information), which earnings
statement shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder;

 

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(l)          permit
the Stockholder which, in its sole and exclusive judgment, might be deemed to be an underwriter or a controlling Person of the
Company, to participate in the preparation of such registration or comparable statement and to require the insertion therein of
material, furnished to the Company in writing, which in the reasonable judgment of the Stockholder and its counsel should be included;

 

(m)          use
commercially reasonable efforts to prevent the issuance of any stop order suspending the effectiveness of a registration statement,
or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any Equity Securities
included in such registration statement for sale in any jurisdiction, and in the event of the issuance of any such stop order or
other such order the Company shall advise the Stockholder of such stop order or other such order promptly after it shall receive
notice or obtain knowledge thereof and shall use commercially reasonable efforts to promptly obtain the withdrawal of such order;

 

(n)          use
commercially reasonable efforts to cause such Registrable Securities covered by such registration statement to be registered with
or approved by such other governmental agencies or authorities as may be necessary to enable the sellers thereof to consummate
the disposition of such Registrable Securities;

 

(o)          use
commercially reasonable efforts to obtain and to provide to the underwriters managing the registered public offering with a copy
to the Stockholder if it is participating in such registration a “cold comfort” letter from the Company’s independent
public accountants in customary form and covering such matters of the type customarily covered by “cold comfort” letters
as the Stockholder reasonably requests;

 

(p)          provide
a legal opinion of the Company’s outside counsel to the underwriters managing the registered public offering, dated the effective
date of such registration statement (and, if such registration includes an underwritten public offering, dated the date of the
closing under the underwriting agreement), with respect to the registration statement, each amendment and supplement thereto, the
prospectus included therein (including the preliminary prospectus) and such other documents relating thereto in customary form
and covering such matters of the type customarily covered by legal opinions of such nature; and

 

(q)          use
commercially reasonable efforts to cooperate in a timely manner with a request of the Stockholder in respect of any block trade
or other transaction that is registered pursuant to a Shelf Registration Statement that is not a firm commitment underwritten offering
(each, an “Alternative Transaction”), including entering into customary agreements with respect to such Alternative
Transactions (and providing customary representations, warranties, covenants and indemnities in such agreements) as well as providing
other reasonable assistance in respect of such Alternative Transactions of the type applicable to a public offering subject to
Section 4, to the extent customary for such transactions.

 

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If any such registration or comparable statement
refers to any holder by name or otherwise as the holder of any securities of the Company and if, in its sole and exclusive judgment,
such holder is or might be deemed to be a controlling Person of the Company, such holder shall have the right to require (i) the
insertion therein of language, in form and substance reasonably satisfactory to such holder and presented to the Company in writing,
to the effect that the holding by such holder of such securities is not to be construed as a recommendation by such holder of the
investment quality of the Company’s securities covered thereby and that such holding does not imply that such holder will
assist in meeting any future financial requirements of the Company, or (ii) in the event that such reference to such holder
by name or otherwise is not required by the Securities Act or any similar federal statute then in force, the deletion of the reference
to such holder; provided, that with respect to this clause (ii), such holder shall furnish to the Company an opinion of
counsel to such effect, which opinion and counsel shall be reasonably satisfactory to the Company.

 

5.           Registration
Expenses. All Registration Expenses shall be borne as provided in this Agreement, except that the Company shall, in any
event, pay (i) its internal expenses (including, without limitation, all salaries and expenses of its officers and employees performing
legal or accounting duties), (ii) the expense of any annual audit or quarterly review, (iii) the expense of any liability insurance
and (iv) the expenses and fees for listing the securities to be registered on each securities exchange on which similar securities
issued by the Company are then listed. Each Person that sells securities pursuant to a Demand Registration or Piggyback Registration
hereunder shall bear and pay all underwriting discounts and commissions applicable to the securities sold for such Person’s
account.

 

6.           Indemnification.

 

(a)          The
Company agrees to indemnify, to the extent permitted by law, each holder of Registrable Securities, its partners, members, officers
and directors and each Person who controls such holder (within the meaning of the Securities Act) against all losses, claims, damages,
liabilities and expenses arising out of or based upon (i) any untrue or alleged untrue statement of material fact contained in
any registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto used for the sale
of Registrable Securities, or any omission or alleged omission of a material fact required to be stated therein or necessary to
make the statements therein not misleading or (ii) any failure of the Company to comply with the requirements of the Securities
Act, the Exchange Act, the rules and regulations of the Securities Exchange Commission or the securities or blue sky laws and regulations
of any other applicable jurisdiction in connection with the sale of Registrable Securities. The Company shall reimburse such holder,
partners, members, director, officer or controlling Person for any legal or other expenses reasonably incurred by such holder,
partner, member, director, officer or controlling Person in connection with the investigation or defense of such loss, claim, damage,
liability or expense, except insofar as the same are caused by or contained in any information furnished in writing to the Company
by such holder expressly for use therein or by such holder’s failure to deliver a copy of the registration statement, prospectus
or any amendments or supplements thereto after the Company has furnished such holder with a sufficient number of copies of the
same. In connection with an underwritten offering, the Company will indemnify such underwriters, their officers and directors and
each Person who controls such underwriters (within the meaning of the Securities Act) to the same extent as provided above with
respect to the indemnification of the holders of Registrable Securities.

 

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(b)          In
connection with any registration statement in which a holder of Registrable Securities is participating, each such holder will
furnish to the Company in writing such information relating to such holder as is required to be included in any such registration
statement or prospectus and, to the extent permitted by law, will (i) indemnify the Company, its directors and officers and
each Person who controls the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities
and expenses resulting from any untrue or alleged untrue statement of material fact (relating to such holder and provided by such
holder to the Company or the Company’s agent) contained in the registration statement, prospectus, preliminary prospectus,
any amendment thereof, supplement thereto or any omission or alleged omission of a material fact required to be stated therein
or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission is contained
in, or based upon, any information or affidavit so furnished in writing by such holder; provided, that the obligation to
indemnify will be individual, not joint and several, to each holder and will be limited to the net amount of proceeds actually
received by such holder from the sale of Registrable Securities pursuant to such registration statement, and (ii) reimburse the
Company, its directors and officers and each Person who controls the Company (within the meaning of the Securities Act) for any
legal or other expenses reasonably incurred by such Persons in connection with the investigation or defense of such loss, claim,
damage, liability or expense, except insofar as the same are caused by or contained in any information furnished to such holder
of Registrable Securities by such Persons expressly for use therein.

 

(c)          Any
Person entitled to indemnification hereunder will (i) give prompt written notice to the indemnifying party of any claim with
respect to which it seeks indemnification; provided, that failure to give such notice shall not affect the right of such
Person to indemnification hereunder unless such failure is materially prejudicial to the indemnifying party’s ability to
defend such claim, and (ii) permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory
to the indemnified party unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified
and indemnifying parties may exist with respect to such claim. If such defense is assumed, the indemnifying party will not be liable
for any settlement of any such claim without its prior written consent, which will not be unreasonably withheld, but if settled
with such consent or if there be a final judgment for the plaintiff, the indemnifying party shall, to the extent otherwise provided
herein, indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. Without
an indemnified party’s prior written consent, which will not be unreasonably withheld, no indemnifying party shall effect
any settlement of any claim in respect of which any indemnified party is a party and indemnity could have been sought hereunder
by such indemnified party unless such settlement includes an unconditional release of such indemnified party from all liability
with respect thereto or arising therefrom or if such settlement involves injunctive relief against such indemnified party. An indemnifying
party who is not entitled to, or elects not to, assume the defense of a claim will not be obligated to pay the fees and expenses
of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable
judgment of any indemnified party a conflict of interest may exist between such indemnified party and any other of such indemnified
parties with respect to such claim.

 

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(d)          The
indemnification provided for under this Agreement will remain in full force and effect regardless of any investigation made by
or on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party and will survive
the transfer of securities. The Company and each holder also agree to make such provisions, as are reasonably requested by any
indemnified party, for contribution to such party in the event the indemnification provided for herein is unavailable for any reason.

 

(e)          If
the indemnification provided for in this Section 6 is held by a court of competent jurisdiction to be unavailable to
an indemnified party or is otherwise unenforceable with respect to any loss, claim, damage, liability or action referred to herein,
then the indemnifying party, in lieu of indemnifying such indemnified party hereunder, shall contribute to the amounts paid or
payable by such indemnified party as a result of such loss, claim, damage, liability or action in such proportion as is appropriate
to reflect the relative fault of the indemnifying party, on the one hand, and of the indemnified party, on the other hand, in connection
with the statements or omissions which resulted in such loss, claim, damage, liability or action as well as any other relevant
equitable considerations; provided that the maximum amount of liability in respect of such contribution shall be limited,
in the case of each seller of Registrable Securities, to an amount equal to the net proceeds actually received by such seller from
the sale of Registrable Securities effected pursuant to such registration. The relative fault of the indemnifying party and of
the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of
a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified
party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement
or omission. The parties hereto agree that it would not be just or equitable if the contribution pursuant to this Section 6(e)
were to be determined by pro rata allocation or by any other method of allocation that does not take into account such equitable
considerations. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or expenses
referred to herein shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in connection
with investigating or defending against any action or claim which is the subject hereof. No Person guilty of fraudulent misrepresentation
(within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who is not guilty
of such fraudulent misrepresentation.

 

(f)          No
indemnifying party shall, except with the consent of the indemnified party, consent to the entry of any judgment or enter into
any settlement that (i) does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified
party of a release from all liability in respect to such claim or litigation, (ii) includes a statement as to or an admission of
fault, culpability or a failure to act, by or on behalf of any indemnified party or (iii) requires any action other than the payment
of money by the indemnifying party.

 

(g)          Notwithstanding
the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting agreement entered
into in connection with an underwritten public offering conflict with the foregoing provisions, the provisions in the underwriting
agreement shall control.

 

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7.           Participation
in Underwritten Registrations. No Person may participate in any registration hereunder which is underwritten unless such
Person (i) agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by
the Person(s) entitled hereunder to approve such arrangements (including pursuant to any over-allotment or “green shoe”
option requested by the underwriters; provided, that the Stockholder shall not be required to sell more than the number
of Registrable Securities the Stockholder has requested to include) and (ii) completes and executes all customary questionnaires,
powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting
arrangements; provided, that the Stockholder shall not be required to make any representations or warranties to the Company
or the underwriters other than representations and warranties regarding the Stockholder and the Stockholder’s intended method
of distribution. The Stockholder agrees to execute and deliver such other agreements as may be reasonably requested by the Company
and the lead managing underwriter(s).

 

8.           Rule
144 Reporting. With a view to making available to the holders of Registrable Securities the benefits of certain rules and
regulations of the Securities and Exchange Commission which may permit the sale of the Registrable Securities to the public without
registration, the Company agrees to use commercially reasonable efforts to:

 

(a)          make
and keep current public information available, within the meaning of Rule 144 or any similar or analogous rule promulgated under
the Securities Act, at all times after it has become subject to the reporting requirements of the Exchange Act;

 

(b)          file
with the Securities and Exchange Commission, in a timely manner, all reports and other documents required of the Company under
the Securities Act and Exchange Act (after it has become subject to such reporting requirements); and

 

(c)          so
long as any party hereto owns any Registrable Securities, furnish to such Person forthwith upon request, a written statement by
the Company as to its compliance with the reporting requirements of said Rule 144 (at any time commencing ninety (90) days
after the effective date of the first registration statement filed by the Company for an offering of its securities to the general
public), the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements); a copy
of the most recent annual or quarterly report of the Company; and such other reports and documents as such Person may reasonably
request in availing itself of any rule or regulation of the Securities and Exchange Commission allowing it to sell any such securities
without registration.

 

9.           Notices.
All notices, demands or other communications to be given or delivered under or by reason of the provisions of this Agreement will
be in writing and will be deemed to have been given when delivered personally, mailed by certified or registered mail, return receipt
requested and postage prepaid, sent via a nationally recognized overnight courier, or sent via email or facsimile to the recipient.
Such notices, demands and other communications will be sent to the Company and the Stockholder at the address set forth below or
at such address or to the attention of such other person as the recipient party has specified by prior written notice to the sending
party.

 

To the Stockholder:

 

To the Company:

 

    	11

    	

    

 

with a copy (which shall
not constitute notice to the Company) to:

 

Merrill Kraines, Esq.

Pepper Hamilton LLP

620 Eighth Avenue

New York, NY 10018

 

10.          Miscellaneous.

 

(a)          No
Inconsistent Agreements. The Company will not enter into any agreement which is inconsistent with or violates the rights granted
to the Stockholder in this Agreement.

 

(b)          Remedies.
The parties hereto shall be entitled to enforce their rights under this Agreement specifically to recover damages by reason of
any breach of any provision of this Agreement and to exercise all other rights existing in their favor. The parties hereto agree
and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that the
Company may in its sole discretion apply to any court of law or equity of competent jurisdiction for specific performance and/or
injunctive relief (without posting a bond or other security) in order to enforce or prevent any violation of the provisions of
this Agreement.

 

(c)          Amendment
and Waiver. Except as otherwise provided herein, no modification, amendment or waiver of any provision of this Agreement shall
be effective against the Company or the Stockholder unless such modification, amendment or waiver is approved in writing by the
Company and the Stockholder. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed
as a waiver of such provisions and shall not affect the right of such party thereafter to enforce each and every provision of this
Agreement in accordance with its terms.

 

(d)          Successors
and Assigns. Except as otherwise provided herein, this Agreement shall bind and inure to the benefit of and be enforceable
by the Company and its successors and permitted assigns, including any company which is a successor to the Company, and the Stockholder
and any subsequent holders of Registrable Securities and the respective successors, heirs and permitted assigns of each of them,
so long as they hold Registrable Securities. Notwithstanding the foregoing, the Company may not assign any of its rights or delegate
any of its duties hereunder without the prior written consent of the Stockholder.

 

(e)          Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable
law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other
jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or
unenforceable provision had never been contained herein.

 

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(f)          Counterparts.
This Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original and shall be binding upon
the Stockholder who executed the same, but all such counterparts shall constitute the same agreement. The execution of this Agreement
by any of the parties may be evidenced by way of a facsimile transmission of such party’s signature, a photocopy of such
facsimile transmission or other electronic means, and such facsimile or other electronic signature shall be deemed to constitute
the original signature of such party hereto.

 

(g)          Governing
Law. ALL QUESTIONS CONCERNING THE CONSTRUCTION, VALIDITY AND INTERPRETATION OF THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICT OF LAW PROVISION
OR RULE (WHETHER OF THE STATE OF NEW YORK OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY JURISDICTION
OTHER THAN THE STATE OF NEW YORK.

 

(h)          Time
is of the Essence; Computation of Time. Time is of the essence for each and every provision of this Agreement. Whenever the
last day for the exercise of any privilege or the discharge of any duty hereunder shall fall upon a Saturday, Sunday, or any date
on which commercial banks in the State of New York are authorized to be closed, the party having such privilege or duty may exercise
such privilege or discharge such duty on the next succeeding day which is a regular business day.

 

(i)          Descriptive
Headings. The headings in this Agreement are inserted for convenience only and are in no way intended to describe, interpret,
define, or limit the scope, extent or intent of this Agreement or any provision of this Agreement.

 

(j)          Waiver
of Jury Trial. EACH PARTY TO THIS AGREEMENT HEREBY WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, TRIAL BY JURY IN ANY
SUIT, LEGAL ACTION OR PROCEEDING IN ANY COURT WITH RESPECT TO, IN CONNECTION WITH, OR ARISING OUT OF THIS AGREEMENT OR THE VALIDITY,
INTERPRETATION, COLLECTION OR ENFORCEMENT THEREOF.

 

(k)          Venue;
Submission to Jurisdiction. ANY AND ALL SUITS, LEGAL ACTIONS OR PROCEEDINGS ARISING OUT OF THIS AGREEMENT SHALL BE BROUGHT
ONLY IN A COURT OF THE STATE OF NEW YORK LOCATED IN THE CITY OF NEW YORK AND EACH PARTY TO THIS AGREEMENT HEREBY SUBMITS TO AND
ACCEPTS THE EXCLUSIVE JURISDICTION OF SUCH COURT FOR THE PURPOSE OF SUCH SUITS, LEGAL ACTIONS OR PROCEEDINGS. IN ANY SUCH SUIT,
LEGAL ACTION OR PROCEEDING, EACH PARTY TO THIS AGREEMENT HEREBY WAIVES PERSONAL SERVICE OF ANY SUMMONS, COMPLAINT OR OTHER PROCESS
AND AGREES THAT SERVICE THEREOF MAY BE MADE BY CERTIFIED OR REGISTERED MAIL DIRECTED TO HIM OR IT AT THE ADDRESS AS PROVIDED IN
SECTION 9 HEREOF. TO THE FULLEST EXTENT PERMITTED BY LAW, EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ANY OBJECTION WHICH
HE OR IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OR ANY SUCH SUIT, LEGAL ACTION OR PROCEEDING IN SUCH COURT AND HEREBY
FURTHER WAIVES ANY CLAIM THAT ANY SUIT, LEGAL ACTION OR PROCEEDING BROUGHT IN SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.

 

    	13

    	

    

 

(l)          Number
and Gender. Where the context so indicates, the masculine shall include the feminine, the neuter shall include the masculine
and feminine, and the singular shall include the plural.

 

(m)        Further
Assurances. Each party to this Agreement will execute and deliver such further instruments and take such additional actions,
as any other party may reasonably request to effect, consummate, confirm or evidence the transactions contemplated by this Agreement.

 

[Signature Pages Follow]

 

    	14

    	

    

 

IN WITNESS WHEREOF,
the parties hereto have executed this Registration Rights Agreement as of the date first above written.

 

	 	Inhibikase Therapeutics, Inc.

	 	By:	 
	 	 	Name:
	 	 	Title:

 

[Signature
Page to Registration Rights Agreement]

 

    	

    	

    

 

	 	[Stockholder]

 

	 	By:Exhibit
10.12

 

INHIBIKASE
THERAPEUTICS, INC. 

 

INDEMNIFICATION
AGREEMENT

 

    	 

    	

    

 

INDEMNIFICATION AGREEMENT

 

THIS INDEMNIFICATION AGREEMENT
(the “Agreement”) is made and entered into as of [●], 2018 between Inhibikase Therapeutics, Inc., a Delaware
corporation (the “Company”), and [●] (“Indemnitee”).

 

RECITALS

 

WHEREAS, highly
competent persons have become more reluctant to serve corporations as directors or in other capacities unless they are provided
with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them
arising out of their service to and activities on behalf of the corporation;

 

WHEREAS, the Board
of Directors of the Company (the “Board”) has determined that, in order to attract and retain qualified individuals,
the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the
Company and its subsidiaries from certain liabilities. Although the furnishing of such insurance has been a customary and widespread
practice among United States-based corporations and other business enterprises, the Company believes that, given current market
conditions and trends, such insurance may not be available to it on terms that the company considers to be commercially reasonable
or, if available to it on commercially reasonable terms during some period of time, may be available to it in the future only at
higher premiums and with more exclusions. At the same time, directors, officers, and other persons in service to corporations or
business enterprises are being increasingly subjected to expensive and time-consuming litigation relating to, among other things,
matters that traditionally would have been brought only against the Company or business enterprise itself. The Amended and Restated
Certificate of Incorporation of the Company (as the same may be amended or restated from time to time, the “Certificate
of Incorporation”) and the Company’s Bylaws (as the same may be amended or restated from time to time, the “Bylaws”)
require indemnification of the officers and directors of the Company. Indemnitee may also be entitled to indemnification pursuant
to the General Corporation Law of the State of Delaware (as the same may be amended from time to time, the “DGCL”).
The Bylaws and Certificate of Incorporation and the DGCL expressly provide that the indemnification provisions set forth therein
are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers
and other persons with respect to indemnification;

 

WHEREAS, the uncertainties
relating to such insurance and to indemnification have increased the difficulty of attracting and retaining such persons;

 

WHEREAS, the Board
has determined that the increased difficulty in attracting and retaining such persons is detrimental to the best interests of the
Company’s stockholders and that the Company should act to assure such persons that there will be increased certainty of such
protection in the future;

 

WHEREAS, it is reasonable,
prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such
persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue
concern that they will not be so indemnified;

 

    	1

    	

    

 

WHEREAS, this Agreement
is a supplement to and in furtherance of the Bylaws and Certificate of Incorporation of the Company and any resolutions adopted
pursuant thereto, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder;

 

WHEREAS, Indemnitee
does not regard the protection available under the Company’s Bylaws and Certificate of Incorporation and insurance as adequate
in the present circumstances, and may not be willing to serve as an officer or director without adequate protection, and the Company
desires Indemnitee to serve in such capacity. Indemnitee is willing to serve, continue to serve and to take on additional service
for or on behalf of the Company on the condition that Indemnitee be so indemnified; and

 

NOW, THEREFORE,
in consideration of Indemnitee’s agreement to serve as an officer or director from and after the date hereof, the parties
hereto agree as follows:

 

1.           Indemnity
of Indemnitee. The Company hereby agrees to hold harmless and indemnify Indemnitee to the fullest extent permitted by law,
as such may be amended from time to time. In furtherance of the foregoing indemnification, and without limiting the generality
thereof.

 

(a)          Proceedings
Other Than Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided
in this Section l(a) if, by reason of Indemnitee’s Corporate Status (as hereinafter defined), Indemnitee is, or is
threatened to be made, a party to or participant in any Proceeding (as hereinafter defined) other than a Proceeding by or in the
right of the Company. Pursuant to this Section 1(a), Indemnitee shall be indemnified against all Expenses (as hereinafter
defined), judgments, penalties, fines and amounts paid in settlement actually and reasonably incurred by Indemnitee, or on Indemnitee’s
behalf, in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner
Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding,
had no reasonable cause to believe Indemnitee’s conduct was unlawful.

 

(b)          Proceedings
by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this Section
1(b) if, by reason of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant
in any Proceeding brought by or in the right of the Company. Pursuant to this Section 1(b), Indemnitee shall be indemnified
against all Expenses actually and reasonably incurred by Indemnitee, or on Indemnitee’s behalf, in connection with such Proceeding
if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests
of the Company; provided, however, if applicable law so provides, no indemnification against such Expenses shall
be made in respect of any claim, issue or matter in such Proceeding as to which Indemnitee shall have been adjudged to be liable
to the Company unless and to the extent that the Court of Chancery of the State of Delaware shall determine that such indemnification
may be made.

 

    	2

    	

    

 

(c)          Indemnification
for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provision of this Agreement, to the extent
that Indemnitee is, by reason of Indemnitee’s Corporate Status, a party to and is successful, on the merits or otherwise,
in any Proceeding, Indemnitee shall be indemnified to the maximum extent permitted by law, as such may be amended from time to
time, against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith.
If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but
less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses actually
and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved claim, issue
or matter. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding
by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

 

2.           Additional
Indemnity. In addition to, and without regard to any limitations on, the indemnification provided for in Section 1 of
this Agreement, the Company shall and hereby does indemnify and hold harmless Indemnitee against all Expenses, judgments, penalties,
fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf if, by reason
of Indemnitee’s Corporate Status, Indemnitee is, or is threatened to be made, a party to or participant in any Proceeding
(including a Proceeding by or in the right of the Company), including, without limitation, all liability arising out of the negligence
or active or passive wrongdoing of Indemnitee. The only limitation that shall exist upon the Company’s obligations pursuant
to this Agreement shall be that the Company shall not be obligated to make any payment to Indemnitee that is finally determined
(under the procedures, and subject to the presumptions, set forth in Sections 6 and 7 hereof) to be unlawful.

 

3.           Contribution.

 

(a)          Whether
or not the indemnification provided in Sections 1 and 2 hereof is available, in respect of any threatened, pending
or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action,
suit or proceeding), to the fullest extent permitted under applicable law, the Company shall pay, in the first instance, the entire
amount of any judgment or settlement of such action, suit or proceeding without requiring Indemnitee to contribute to such payment
and the Company hereby waives and relinquishes any right of contribution it may have against Indemnitee. The Company shall not
enter into any settlement of any action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be
if joined in such action, suit or proceeding) unless such settlement provides for a full and final release of all claims asserted
against Indemnitee.

 

(b)          Without
diminishing or impairing the obligations of the Company set forth in the preceding subparagraph, if, for any reason, Indemnitee
shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action,
suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding),
the Company shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably
incurred and paid or payable by Indemnitee in proportion to the relative benefits received by the Company and all officers, directors
or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action,
suit or proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction or events from which such action,
suit or proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may,
to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all officers,
directors or employees of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such
action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, in connection with the transaction or events that
resulted in such expenses, judgments, fines or settlement amounts, as well as any other equitable considerations which applicable
law may require to be considered. The relative fault of the Company and all officers, directors or employees of the Company, other
than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one
hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their actions
were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and
the degree to which their conduct is active or passive.

 

    	3

    	

    

 

(c)          To
the fullest extent permitted under applicable law, the Company hereby agrees to fully indemnify and hold Indemnitee harmless from
any claims of contribution which may be brought by officers, directors, or employees of the Company, other than Indemnitee, who
may be jointly liable with Indemnitee.

 

(d)          To
the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee
for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee,
whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses actually and
reasonably incurred, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as
is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits
received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding and/or
(ii) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such
event(s) and/or transaction(s).

 

4.           Indemnification
for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason
of Indemnitee’s Corporate Status, a witness, or is made (or asked) to respond to discovery requests, in any Proceeding to
which Indemnitee is not a party, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee
or on Indemnitee’s behalf in connection therewith.

 

5.           Advancement
of Expenses. Notwithstanding any other provision of this Agreement, the Company shall advance all Expenses actually and reasonably
incurred by or on behalf of Indemnitee in connection with any Proceeding by reason of Indemnitee’s Corporate Status within
thirty (30) days after the receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances
from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably
evidence the Expenses actually and reasonably incurred by Indemnitee and shall include or be preceded or accompanied by a written
undertaking by or on behalf of Indemnitee to repay any Expenses advanced if it shall ultimately be determined that Indemnitee is
not entitled to be indemnified against such Expenses. Any advances and undertakings to repay pursuant to this Section 5
shall be unsecured and interest free.

 

6.           Procedures
and Presumptions for Determination of Entitlement to Indemnification. It is the intent of this Agreement to secure for Indemnitee
rights of indemnity that are as favorable as may be permitted under the DGCL and public policy of the State of Delaware. Accordingly,
the parties agree that the following procedures and presumptions shall apply in the event of any question as to whether Indemnitee
is entitled to indemnification under this Agreement:

 

    	4

    	

    

 

(a)          To
obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith
such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and
to what extent Indemnitee is entitled to indemnification. The Secretary of the Company shall, promptly upon receipt of such a request
for indemnification, advise the Board in writing that Indemnitee has requested indemnification. Notwithstanding the foregoing,
any failure of Indemnitee to provide such a request to the Company, or to provide such a request in a timely fashion, shall not
relieve the Company of any liability that it may have to Indemnitee unless, and to the extent that, such failure actually and materially
prejudices the interests of the Company.

 

(b)          Upon
written request by Indemnitee for indemnification pursuant to the first sentence of Section 6(a) hereof, a determination
with respect to Indemnitee’s entitlement thereto shall be made in the specific case by one of the following four methods,
which shall be at the election of the Board (1) by a majority vote of the disinterested directors, even though less than a quorum,
(2) by a committee of disinterested directors designated by a majority vote of the disinterested directors, even though less than
a quorum, (3) if there are no disinterested directors or if the disinterested directors so direct, by independent legal counsel
in a written opinion to the Board, a copy of which shall be delivered to Indemnitee, or (4) if so directed by the Board, by the
stockholders of the Company. For purposes hereof, disinterested directors are those members of the Board who are not parties to
the action, suit or proceeding in respect of which indemnification is sought by Indemnitee.

 

(c)          If
the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 6(b) hereof,
the Independent Counsel shall be selected as provided in this Section 6(c). The Independent Counsel shall be selected by
the Board and written notice of such selection shall be given to Indemnitee. Indemnitee may, within ten (10) days after such written
notice of selection shall have been given, deliver to the Company a written objection to such selection; provided, however, that
such objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent
Counsel” as defined in Section 13 of this Agreement, and the objection shall set forth with particularity the
factual basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel.
If a written objection is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless
and until such objection is withdrawn or a court has determined that such objection is without merit. If, within twenty (20) days
after submission by Indemnitee of a written request for indemnification pursuant to Section 6(a) hereof, no Independent
Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition the Court of Chancery of the
State of Delaware or other court of competent jurisdiction for resolution of any objection which shall have been made by Indemnitee
to the Board’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by
the court or by such other person as the court shall designate, and the person with respect to whom all objections are so resolved
or the person so appointed shall act as Independent Counsel under Section 6(b) hereof. The Company shall pay any and all
reasonable fees and expenses of Independent Counsel incurred by such Independent Counsel in connection with acting pursuant to
Section 6(b) hereof, and the Company shall pay all reasonable fees and expenses incident to the procedures of this Section
6(c), regardless of the manner in which such Independent Counsel was selected or appointed.

 

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(d)          In
making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination
shall presume that Indemnitee is entitled to indemnification under this Agreement. Anyone seeking to overcome this presumption
shall have the burden of proof and the burden of persuasion by clear and convincing evidence. Neither the failure of the Company
(including by its directors or independent legal counsel) to have made a determination prior to the commencement of any action
pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard
of conduct, nor an actual determination by the Company (including by its directors or independent legal counsel) that Indemnitee
has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee has not
met the applicable standard of conduct.

 

(e)          To
the fullest extent permitted by applicable law, Indemnitee shall be deemed to have acted in good faith if Indemnitee’s action
is based on the records or books of account of the Enterprise (as hereinafter defined), including financial statements, or on information
supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of legal counsel for the
Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or
by an appraiser or other expert selected with reasonable care by the Enterprise. In addition, the knowledge and/or actions, or
failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of
determining the right to indemnification under this Agreement. Whether or not the foregoing provisions of this Section 6(e)
are satisfied, it shall in any event be presumed that Indemnitee has at all times acted in good faith and in a manner Indemnitee
reasonably believed to be in or not opposed to the best interests of the Company. Anyone seeking to overcome this presumption shall
have the burden of proof and the burden of persuasion by clear and convincing evidence.

 

(f)          If
the person, persons or entity empowered or selected under Section 6 to determine whether Indemnitee is entitled to indemnification
shall not have made a determination within sixty (60) days after receipt by the Company of the request therefor, the requisite
determination of entitlement to indemnification shall, to the fullest extent permitted by applicable law, be deemed to have been
made and Indemnitee shall be entitled to such indemnification absent (i) a misstatement by Indemnitee of a material fact, or an
omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request
for indemnification, or (ii) a prohibition of such indemnification under applicable law; provided, however, that
such sixty (60) day period may be extended for a reasonable time, not to exceed an additional thirty (30) days, if the person,
persons or entity making such determination with respect to entitlement to indemnification in good faith requires such additional
time to obtain or evaluate documentation and/or information relating thereto; and provided further, that the foregoing provisions
of this Section 6(f) shall not apply if the determination of entitlement to indemnification is to be made by the stockholders
pursuant to Section 6(b) of this Agreement and if (A) within fifteen (15) days after receipt by the Company of the request
for such determination, the Board or the Disinterested Directors, if appropriate, resolve to submit such determination to the stockholders
for their consideration at an annual meeting thereof to be held within seventy five (75) days after such receipt and such determination
is made thereat, or (B) a special meeting of stockholders is called within fifteen (15) days after such receipt for the purpose
of making such determination, such meeting is held for such purpose within sixty (60) days after having been so called and such
determination is made thereat.

 

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(g)          Indemnitee
shall reasonably cooperate with the person, persons or entity making such determination with respect to Indemnitee’s entitlement
to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or
information which is not privileged or otherwise protected from disclosure and which is reasonably available to Indemnitee and
reasonably necessary to such determination. Any Independent Counsel, member of the Board or stockholder of the Company shall act
reasonably and in good faith in making a determination regarding Indemnitee’s entitlement to indemnification under this Agreement.
Any costs or expenses (including reasonable attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with
the person, persons or entity making such determination shall be borne by the Company (irrespective of the determination as to
Indemnitee’s entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom.

 

(h)          The
Company acknowledges that a settlement or other disposition short of final judgment may be successful if it permits a party to
avoid expense, delay, distraction, disruption and uncertainty. In the event that any action, claim or proceeding to which Indemnitee
is a party is resolved in any manner other than by adverse judgment against Indemnitee (including, without limitation, settlement
of such action, claim or proceeding with or without payment of money or other consideration) it shall be presumed that Indemnitee
has been successful on the merits or otherwise in such action, suit or proceeding. Anyone seeking to overcome this presumption
shall have the burden of proof and the burden of persuasion by clear and convincing evidence.

 

(i)          The
termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a
plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely
affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner
which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal
Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

 

7.           Remedies
of Indemnitee.

 

(a)          In
the event that (i) a determination is made pursuant to Section 6 of this Agreement that Indemnitee is not entitled to indemnification
under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 5 of this Agreement, (iii) no
determination of entitlement to indemnification is made pursuant to Section 6(b) of this Agreement within ninety (90) days
after receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to this Agreement
within ten (10) days after receipt by the Company of a written request therefor, or (v) payment of indemnification is not made
within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification or such determination is
deemed to have been made pursuant to Section 6 of this Agreement, or (vi) the Company or any other person takes or threatens
to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or Proceeding
designed to deny or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee
shall be entitled to an adjudication in an appropriate court of the State of Delaware, or in any other court of competent jurisdiction,
of Indemnitee’s entitlement to such indemnification. Indemnitee shall commence such proceeding seeking an adjudication within
one hundred eighty (180) days following the date on which Indemnitee first has the right to commence such proceeding pursuant to
this Section 7(a). The Company shall not oppose Indemnitee’s right to seek any such adjudication.

 

    	7

    	

    

 

(b)          In
the event that a determination shall have been made pursuant to Section 6(b) of this Agreement that Indemnitee is not entitled
to indemnification, any judicial proceeding commenced pursuant to this Section 7 shall be conducted in all respects as a
de novo trial on the merits, and Indemnitee shall not be prejudiced by reason of the adverse determination under Section 6(b).

 

(c)          If
a determination shall have been made pursuant to Section 6(b) of this Agreement that Indemnitee is entitled to indemnification,
the Company shall be bound by such determination in any judicial proceeding commenced pursuant to this Section 7, absent
(i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s misstatement
not materially misleading in connection with the application for indemnification, or (ii) a prohibition of such indemnification
under applicable law.

 

(d)          In
the event that Indemnitee, pursuant to this Section 7, seeks a judicial adjudication of Indemnitee’s rights under,
or to recover damages for breach of, this Agreement, or to recover under any directors’ and officers’ liability insurance
policies maintained by the Company, the Company shall pay on Indemnitee’s behalf, in advance, any and all expenses (of the
types described in the definition of Expenses in Section 13 of this Agreement) actually and reasonably incurred by Indemnitee
in such judicial adjudication, regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification,
advancement of expenses or insurance recovery.

 

(e)          The
Company shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures
and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company
is bound by all the provisions of this Agreement. The Company shall indemnify Indemnitee against any and all Expenses actually
and reasonably incurred and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written
request therefore) advance, to the extent not prohibited by law, such expenses to Indemnitee, which are actually and reasonably
incurred by Indemnitee in connection with any action brought by Indemnitee for indemnification or advance of Expenses from the
Company under this Agreement or under any directors’ and officers’ liability insurance policies maintained by the Company,
regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement of Expenses or insurance
recovery, as the case may be.

 

(f)          Notwithstanding
anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement shall be
required to be made prior to the final disposition of the Proceeding.

 

    	8

    	

    

 

8.           Non-Exclusivity;
Survival of Rights; Insurance; Primacy of Indemnification; Subrogation.

 

(a)          The
rights of indemnification as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may
at any time be entitled under applicable law, the Certificate of Incorporation, the By-laws, any agreement, a vote of stockholders,
a resolution of directors of the Company, or otherwise. No amendment, alteration or repeal of this Agreement or of any provision
hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee
in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal. To the extent that a change in the DGCL,
whether by statute or judicial decision, permits greater indemnification than would be afforded currently under the Certificate
of Incorporation, By-laws and this Agreement, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement
the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right
or remedy, and every other right and remedy shall be cumulative and in addition to every other right and remedy given hereunder
or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or
otherwise, shall not prevent the concurrent assertion or employment of any other right or remedy.

 

(b)          To
the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers, employees,
or agents or fiduciaries of the Company or of any other corporation, partnership, limited liability company, joint venture, trust,
employee benefit plan or other enterprise that such person serves at the request of the Company, Indemnitee shall be covered by
such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any director,
officer, employee, agent or fiduciary under such policy or policies. If, at the time of the receipt of a notice of a claim pursuant
to the terms hereof, the Company has directors’ and officers’ liability insurance in effect, the Company shall give
prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective
policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee,
all amounts payable as a result of such proceeding in accordance with the terms of such policies.

 

(c)          In
the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights
of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights, including
execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.

 

(d)          The
Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the
extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise
and has no obligation to return or repay such funds.

 

(e)          The
Company’s obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the
Company as a director, officer, employee or agent of any other corporation, partnership, limited liability company, joint venture,
trust, employee benefit plan or other enterprise shall be reduced by any amount Indemnitee has actually received as indemnification
or advancement of expenses from such other corporation, partnership, limited liability company, joint venture, trust, employee
benefit plan or other enterprise.

 

    	9

    	

    

 

9.           Exception
to Right of Indemnification. Notwithstanding any provision in this Agreement, the Company shall not be obligated under this
Agreement to make any indemnity in connection with any claim made against Indemnitee:

 

(a)          for
which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision, except
with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision; or

 

(b)          for
an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within
the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory
law or common law; or

 

(c)          in
connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or any part of
any Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees or other indemnitees, unless
(i) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation, or (ii) the Company provides the
indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law.

 

10.          Duration
of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is
an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee or agent
of another corporation, partnership, limited liability company, joint venture, trust or other enterprise) and shall continue thereafter
so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenced under Section 7 hereof) by reason
of Indemnitee’s Corporate Status, whether or not Indemnitee is acting or serving in any such capacity at the time any liability
or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and
inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect
successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company),
assigns, spouses, heirs, executors and personal and legal representatives.

 

11.          Security.
To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security
to Indemnitee for the Company’s obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral.
Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of Indemnitee.

 

12.          Enforcement.

 

(a)          The
Company expressly confirms and agrees that it has entered into this Agreement and assumes the obligations imposed on it hereby
in order to induce Indemnitee to serve as an officer or director of the Company, and the Company acknowledges that Indemnitee is
relying upon this Agreement in serving as an officer or director of the Company.

 

    	10

    	

    

 

(b)          This
Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes
all prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter
hereof.

 

(c)          The
Company shall not seek from a court, or agree to, a “bar order” which would have the effect of prohibiting or limiting
Indemnitee’s rights to receive advancement of expenses under this Agreement.

 

13.          Definitions.
For purposes of this Agreement:

 

(a)          “Corporate
Status” describes the status of a person who is or was a director, officer, employee, agent or fiduciary of the Company
or of any other corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other enterprise
that such person is or was serving at the express written request of the Company.

 

(b)          “Disinterested
Director” means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification
is sought by Indemnitee.

 

(c)          “Enterprise”
shall mean the Company and any other corporation, partnership, limited liability company, joint venture, trust, employee benefit
plan or other enterprise that Indemnitee is or was serving at the express written request of the Company as a director, officer,
employee, agent or fiduciary.

 

(d)          “Expenses”
shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel
expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and all other disbursements
or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating,
participating, or being or preparing to be a witness in a Proceeding, or responding to, or objecting to, a request to provide discovery
in any Proceeding. Expenses also shall include Expenses actually and reasonably incurred in connection with any appeal resulting
from any Proceeding and any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt
of any payments under this Agreement, including without limitation the premium, security for, and other costs relating to any cost
bond, supersede as bond, or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement
by Indemnitee or the amount of judgments or fines against Indemnitee.

 

(e)          “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently
is, nor in the past five years has been, retained to represent (i) the Company or Indemnitee in any matter material to either such
party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification
agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the
foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine
Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel referred
to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or relating
to this Agreement or its engagement pursuant hereto.

 

    	11

    	

    

 

(f)          “Proceeding”
includes any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, investigation,
inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought by or in the right of
the Company or otherwise and whether civil, criminal, administrative or investigative, in which Indemnitee was, is or will be involved
as a party or otherwise, by reason of Indemnitee’s Corporate Status, by reason of any action taken by Indemnitee or of any
inaction on Indemnitee’s part while acting in Indemnitee’s Corporate Status; in each case whether or not Indemnitee
is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided
under this Agreement; including one pending on or before the date of this Agreement, but excluding one initiated by Indemnitee
pursuant to Section 7 of this Agreement to enforce Indemnitee’s rights under this Agreement.

 

14.          Severability.
The invalidity or unenforceability of any provision hereof shall in no way affect the validity or enforceability of any other provision.
Further, the invalidity or unenforceability of any provision hereof as to either Indemnitee or Appointing Stockholder shall in
no way affect the validity or enforceability of any provision hereof as to the other. Without limiting the generality of the foregoing,
this Agreement is intended to confer upon Indemnitee and Appointing Stockholder indemnification rights to the fullest extent permitted
by applicable laws. In the event any provision hereof conflicts with any applicable law, such provision shall be deemed modified,
consistent with the aforementioned intent, to the extent necessary to resolve such conflict.

 

15.          Modification
and Waiver. No supplement, modification, termination or amendment of this Agreement shall be binding unless executed in writing
by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver
of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver.

 

16.          Notice
By Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with or otherwise receiving any
summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may
be subject to indemnification covered hereunder. The failure to so notify the Company shall not relieve the Company of any obligation
which it may have to Indemnitee under this Agreement or otherwise unless and only to the extent that such failure or delay materially
prejudices the Company.

 

17.          Notice
by Company. If Indemnitee is the subject of, or is, to the knowledge of the Company, implicated in any way during an investigation,
whether formal or informal, that is related to Indemnitee’s Corporate Status and that reasonably could lead to a Proceeding
for which indemnification can be provided under this Agreement, the Company shall notify Indemnitee of such investigation and shall
share (to the extent legally permissible) with Indemnitee any information it has provided to any third parties concerning the investigation
(“Shared Information”). By executing this Agreement, Indemnitee agrees that such Shared Information is material
non-public information that Indemnitee is obligated to hold in confidence and may not disclose publicly; provided, however,
that Indemnitee may use the Shared Information and disclose such Shared Information to Indemnitee’s legal counsel and third
parties, in each case solely in connection with defending Indemnitee from legal liability.

 

    	12

    	

    

 

18.          Notices.
All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively
given (a) upon personal delivery to the party to be notified, (b) when sent by confirmed electronic mail or facsimile if sent during
normal business hours of the recipient, and if not so confirmed, then on the next business day, (c) five (5) days after having
been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) day after deposit with a nationally
recognized overnight courier, specifying next day delivery, with written verification of receipt. All communications shall be sent:

 

(a)          To
Indemnitee at the address set forth below Indemnitee signature hereto.

 

(b)          To
the Company at:

 

Inhibikase Therapeutics, Inc.

3350 Riverwood Parkway SE, Suite 1900

Atlanta, GA 30339

Attention: Chief Financial Officer

 

or to such other address
as may have been furnished to Indemnitee by the Company or to the Company by Indemnitee, as the case may be. If notice is given
to the Company, a copy shall also be sent to (which copy shall not constitute notice): Pepper Hamilton LLP, Attention: Merrill
Kraines, 620 Eighth Avenue, 37th Floor, New York, NY 10018-1405.

 

19.          Counterparts.
This Agreement may be executed in two (2) or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same the same instrument. Counterparts may be delivered via facsimile, electronic mail (including
pdf or any electronic signature complying with the U.S. federal ESIGN Act of 2000, e.g., www.docusign.com) or other transmission
method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for
all purposes.

 

20.          Headings.
The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of
this Agreement or to affect the construction thereof.

 

21.          Governing
Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed
and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. The Company and
Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising out of or in connection with
this Agreement shall be brought only in the Chancery Court of the State of Delaware (the “Delaware Court”),
and not in any other state or federal court in the United States of America or any court in any other country, (ii) consent to
submit to the exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection
with this Agreement, (iii) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and
(iv) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Delaware Court has been
brought in an improper or inconvenient forum.

 

[Signature Page Follows]

 

    	13

    	

    

 

IN WITNESS WHEREOF, the
parties hereto have executed this Indemnification Agreement on and as of the day and year first above written.

 

	 	THE COMPANY:
	 	 
	 	INHIBIKASE THERAPEUTICS, INC. 

 

	 	By:	 
	 	Name: 	 
	 	Title: 	 

 

[Signature Page to Indemnification Agreement]

 

    	 

    	

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Indemnification Agreement on and as of the day and year first above written.

 

	 	INDEMNITEE:
	 	 
	 	 
	 	Name:  
	 	 
	 	Address:

 

[Signature Page to Indemnification Agreement]

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