Document:

EX-10.14

 Exhibit 10.14 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement is effective as of [•], 2021 (this “Agreement”) and is between Candela Medical,
Inc., a Delaware corporation (the “Company”), and the undersigned director/officer/executive of the Company (the “Indemnitee”). 

Background 
 The
Company believes that, in order to attract and retain highly competent persons to serve as directors or in other capacities, including as officers, it must provide such persons with adequate protection through indemnification against the risks of
claims and actions against them arising out of their services to and activities on behalf of the Company. 
 The Company desires and has
requested Indemnitee to serve as a director, officer and/or executive of the Company and, in order to induce the Indemnitee to serve in such capacity, the Company is willing to grant the Indemnitee the indemnification provided for herein. Indemnitee
is willing to so serve on the basis that such indemnification be provided. 
 The parties by this Agreement desire to set forth their
agreement regarding indemnification and the advancement of expenses. 
 In consideration of Indemnitee’s service to the Company, the
covenants and agreements set forth below and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

Section 1. Indemnification. 

To the fullest extent permitted by the General Corporation Law of the State of Delaware (the “DGCL”): 

(a) The Company shall indemnify Indemnitee if Indemnitee was or is made or is threatened to be made a party to, or is otherwise involved in, as
a witness or otherwise, any threatened, pending or completed action, suit or proceeding (brought in the right of the Company or otherwise), whether civil, criminal, administrative or investigative and whether formal or informal, including appeals,
by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer or executive, or while serving as a director, officer or executive of the Company, is or was serving or has agreed to serve at the request of the Company
as a director, officer, executive, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture, trust,
employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in any such capacity. 
 (b) The
indemnification provided by this Section 1 shall be from and against all loss and liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably
incurred by or on behalf of Indemnitee in connection with such action, suit or proceeding, including any appeals. 

 Section 2. Advance Payment of
Expenses. To the fullest extent permitted by the DGCL, expenses (including attorneys’ fees) incurred by Indemnitee in appearing at, participating in or defending any action, suit or proceeding or in connection with an enforcement
action as contemplated by Section 3(e), shall be paid by the Company in advance of the final disposition of such action, suit or proceeding within 10 days after receipt by the Company of a statement or statements from
Indemnitee requesting such advance or advances from time to time. The Indemnitee hereby undertakes to repay any amounts advanced (without interest) to the extent that it is ultimately determined that Indemnitee is not entitled under this Agreement
to be indemnified by the Company in respect thereof. No other form of undertaking shall be required of Indemnitee other than the execution of this Agreement. This Section 2 shall be subject to
Section 3(b) and shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 7 and Section 8. 

Section 3. Procedure for Indemnification; Notification and Defense of Claim. 

(a) Promptly after receipt by Indemnitee of notice of the commencement of any action, suit or proceeding, Indemnitee shall, if a claim in
respect thereof is to be made against the Company hereunder, notify the Company in writing of the commencement thereof. The failure to promptly notify the Company of the commencement of the action, suit or proceeding, or of Indemnitee’s request
for indemnification, will not relieve the Company from any liability that it may have to Indemnitee hereunder, except to the extent the Company is actually and materially prejudiced in its defense of such action, suit or proceeding as a result of
such failure. To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request therefor including such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to
enable the Company to determine whether and to what extent Indemnitee is entitled to indemnification. 
 (b) With respect to any action,
suit or proceeding of which the Company is so notified as provided in this Agreement, the Company shall, subject to the last two sentences of this paragraph, be entitled to assume the defense of such action, suit or proceeding, with counsel
reasonably acceptable to Indemnitee, upon the delivery to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will
not be liable to Indemnitee under this Agreement for any subsequently-incurred fees of separate counsel engaged by Indemnitee with respect to the same action, suit or proceeding unless the employment of separate counsel by Indemnitee has been
previously authorized in writing by the Company. Notwithstanding the foregoing, if Indemnitee, based on the advice of his or her counsel, shall have reasonably concluded (with written notice being given to the Company setting forth the basis for
such conclusion) that, in the conduct of any such defense, there is or is reasonably likely to be a conflict of interest or position between the Company and Indemnitee with respect to a significant issue or between Indemnitee and another party to
the action, suit or proceeding with respect to a significant issue, then the Company will not be entitled, without the written consent of Indemnitee, to assume such defense. In addition, the Company will not be entitled, without the written consent
of Indemnitee, to assume the defense of any claim brought by or in the right of the Company. 
 (c) To the fullest extent permitted by the
DGCL, the Company’s assumption of the defense of an action, suit or proceeding in accordance with paragraph (b) above will constitute an irrevocable acknowledgement by the Company that any loss and liability suffered by Indemnitee
and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement by or for the account of Indemnitee incurred in connection therewith are indemnifiable by the Company under Section 1 of this
Agreement. 

  
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 (d) The determination whether to grant Indemnitee’s indemnification request shall be
made promptly and in any event within 10 days following the Company’s receipt of a request for indemnification in accordance with Section 3(a). If the Company determines that Indemnitee is entitled to such
indemnification or, as contemplated by paragraph (c) above, the Company has acknowledged such entitlement, the Company will make payment to Indemnitee of the indemnifiable amount within such 10 day period. If the Company is not deemed to
have so acknowledged such entitlement or the Company’s determination of whether to grant Indemnitee’s indemnification request shall not have been made within such 10 day period, the requisite determination of entitlement to indemnification
shall, subject to Section 7, nonetheless 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 the DGCL. 

(e) In the event that (i) the Company determines in accordance with this Section 3 that Indemnitee is not
entitled to indemnification under this Agreement, (ii) the Company denies a request for indemnification, in whole or in part, or fails to respond or make a determination of entitlement to indemnification within 10 days following receipt of a
request for indemnification as described above, (iii) payment of indemnification is not made within such 10 day period, (iv) advancement of expenses is not timely made in accordance with Section 2, or (v) 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, the Indemnitee the benefits provided
or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication in any court of competent jurisdiction of his or her entitlement to such indemnification or advancement of expenses. Indemnitee’s expenses
(including attorneys’ fees) incurred in connection with successfully establishing Indemnitee’s right to indemnification or advancement of expenses, in whole or in part, in any such proceeding or otherwise shall also be indemnified by the
Company to the fullest extent permitted by the DGCL. 
 (f) Indemnitee shall be presumed to be entitled to indemnification and advancement
of expenses under this Agreement upon submission of a request therefor in accordance with Section 2 or Section 3 of this Agreement, as the case may be. The Company shall have the burden of proof in
overcoming such presumption, and such presumption shall be used as a basis for a determination of entitlement to indemnification and advancement of expenses unless the Company overcomes such presumption by clear and convincing evidence. 

Section 4. Change in Control. 

(a) The Company agrees that if there is a Change in Control of the Company, then with respect to all matters thereafter arising concerning the
rights of Indemnitee to indemnification and advancement of expenses under this Agreement, any other agreement or the Company’s certificate of incorporation or bylaws now or hereafter in effect, the Company shall seek legal advice only from
independent counsel selected by Indemnitee and approved by the Company (which approval shall not be unreasonably withheld). In addition, upon written request by Indemnitee for indemnification pursuant to Section 3(a), a determination, if
required by the DGCL, with respect to Indemnitee’s entitlement thereto shall be made by such independent counsel in a written opinion to the board of directors of the Company, a copy of which shall be delivered to Indemnitee. The Company agrees
to pay the reasonable fees of the independent counsel referred to above and to indemnify fully such counsel against any and all expenses (including attorney’s fees), claims, liabilities and damages arising out of or relating to this Agreement
or its engagement pursuant hereto. 

  
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 (b) For purposes of this Section 4, the following definitions shall apply: 

(i) A “Change in Control” shall have the meaning ascribed thereto in the 2021 Candela Medical, Inc. Equity Incentive
Plan. 
 (ii) The term “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: (A) the Company or Indemnitee in any matter material to either such party, or (B) any other party to the action, suit or
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. 

Section 5. Insurance and Subrogation. 

(a) The Company shall use its reasonable best efforts to purchase and maintain a policy or policies of insurance with reputable insurance
companies with A.M. Best ratings of“A-” or better (or, if A.M. Best does not rate the insurance company, an equivalent rating by an equivalent licensed insurance rating organization or agency),
providing Indemnitee with coverage for any liability asserted against, and incurred by, Indemnitee or on Indemnitee’s behalf by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer or executive, or while
serving as a director, officer or executive of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, executive, employee or agent (which, for purposes hereof, shall include a trustee, fiduciary,
partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or arising out of Indemnitee’s status as such, whether or not the Company
would have the power to indemnify Indemnitee against such liability under the provisions of this Agreement. Such insurance policies shall have coverage terms and policy limits at least as favorable to Indemnitee as the insurance coverage provided to
any other director, officer or executive of the Company. If the Company has such insurance in effect at the time the Company receives from Indemnitee any notice of the commencement of an action, suit or proceeding, the Company shall give prompt
notice of the commencement of such action, suit or proceeding to the insurers in accordance with the procedures set forth in the policy. 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 policy. 
 (b) Subject to
Section 10(b), in the event of any payment by the Company under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee with respect to any insurance
policy. Indemnitee 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 in accordance with the terms
of such insurance policy. The Company shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in connection with such subrogation. 

(c) Subject to Section 10(b), the Company shall not be liable under this Agreement to make any payment of amounts
otherwise indemnifiable hereunder (including, but not limited to, judgments, fines and amounts paid in settlement, and excise taxes or penalties relating to the Employee Retirement Income Security Act of 1974, as amended) if and to the extent that
Indemnitee has otherwise actually received such payment under this Agreement or any insurance policy, contract, agreement or otherwise. 

  
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 Section 6. Certain Definitions.
For purposes of this Agreement, the following definitions shall apply: 
 (a) The term “action, suit or proceeding”
shall be broadly construed and shall include, without limitation, the investigation, preparation, prosecution, defense, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed claim, action, suit,
arbitration, alternative dispute mechanism or proceeding, whether civil, criminal, administrative or investigative. 
 (b) The term
“by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer or executive of the Company, or while serving as a director, officer or executive of the Company, is or was serving or has agreed to serve at
the request of the Company as a director, officer, executive, employee or agent (which, for purposes hereof, shall include a trustee, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint
venture, trust, employee benefit plan or other enterprise” shall be broadly construed and shall include, without limitation, any actual or alleged act or omission to act. 

(c) The term “expenses” shall be broadly construed and shall include, without limitation, all direct and indirect
costs, losses, claims, damages, fees and liabilities of any type or nature whatsoever (including, without limitation, all attorneys’ fees and related disbursements, appeal bonds, other out-of-pocket costs and reasonable compensation for time spent by Indemnitee for which Indemnitee is not otherwise compensated by the Company or any third party), and any federal, state, local or foreign
taxes imposed on the Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, actually and reasonably incurred by Indemnitee in connection with either the investigation, defense or appeal of an action, suit or
proceeding or establishing or enforcing a right to indemnification under this Agreement or otherwise incurred in connection with a claim that is indemnifiable hereunder. 

(d) The term “judgments, fines and amounts paid in settlement” shall be broadly construed and shall include, without
limitation, all direct and indirect payments of any type or nature whatsoever, as well as any penalties or excise taxes assessed on a person with respect to an employee benefit plan). 

Section 7. Limitation on Indemnification. 

Notwithstanding any other provision herein to the contrary, the Company shall not be obligated pursuant to this Agreement: 

(a) Claims Initiated by Indemnitee. Prior to a Change in Control, to indemnify or advance expenses to Indemnitee with respect to an
action, suit or proceeding (or part thereof), however denominated, initiated by Indemnitee, other than (i) an action, suit or proceeding brought to establish or enforce a right to indemnification or advancement of expenses under this Agreement
(which shall be governed by the provisions of Section 7(b) of this Agreement) and (ii) an action, suit or proceeding (or part thereof) that was authorized or consented to by the board of directors of the Company, it
being understood and agreed that such authorization or consent shall not be unreasonably withheld in connection with any compulsory counterclaim brought by Indemnitee in response to an action, suit or proceeding otherwise indemnifiable under this
Agreement. 

  
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 (b) Action for Indemnification. To indemnify Indemnitee for any expenses incurred by
Indemnitee with respect to any action, suit or proceeding instituted by Indemnitee to enforce or interpret this Agreement, unless Indemnitee is successful in such action, suit or proceeding in establishing Indemnitee’s right, in whole or in
part, to indemnification or advancement of expenses hereunder (in which case such indemnification or advancement shall be to the fullest extent permitted by the DGCL), or unless and to the extent that the court in such action, suit or proceeding
shall determine that, despite Indemnitee’s failure to establish his or her right to indemnification, Indemnitee is entitled to indemnification for such expenses; provided, however, that nothing in this
Section 7(b) is intended to limit the Company’s obligations with respect to the advancement of expenses to Indemnitee in connection with any such action, suit or proceeding instituted by Indemnitee to enforce or
interpret this Agreement, as provided in Section 2 hereof. 
 (c) Actions Based on Federal Statutes Regarding
Profit Recovery and Return of Bonus Payments. To indemnify Indemnitee on account of (i) any suit in which judgment is rendered against Indemnitee for disgorgement of profits made from the purchase or sale by Indemnitee of securities of the
Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or (ii) any reimbursement of the Company by the Indemnitee of any bonus or other
incentive-based or equity-based compensation or of any profits realized by the Indemnitee from the sale of securities of the Company, as required in each case under the Exchange Act (including any such reimbursements that arise from an accounting
restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in
violation of Section 306 of the Sarbanes-Oxley Act). 
 (d) Fraud or Willful Misconduct. To indemnify Indemnitee on account of
conduct by Indemnitee where such conduct has been determined by a final (not interlocutory) judgment or other adjudication of a court or arbitration or administrative body of competent jurisdiction as to which there is no further right or option of
appeal or the time within which an appeal must be filed has expired without such filing to have been knowingly fraudulent or constitute willful misconduct. 

(e) Prohibited by Law. To indemnify Indemnitee in any circumstance where such indemnification has been determined by a final (not
interlocutory) judgment or other adjudication of a court or arbitration or administrative body of competent jurisdiction as to which there is no further right or option of appeal, or the time within which an appeal must be filed has expired without
such filing having been made, to be prohibited by law. 
 Section 8. Certain Settlement
Provisions. The Company shall have no obligation to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action, suit or proceeding without the Company’s prior written consent. The Company shall not settle
any action, suit or proceeding in any manner that would impose any fine or other obligation on Indemnitee without Indemnitee’s prior written consent. Neither the Company nor Indemnitee will unreasonably withhold his, her, its or their consent
to any proposed settlement. 
 Section 9. Savings Clause. If any provision or
provisions (or portion thereof) of this Agreement shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify Indemnitee if Indemnitee was or is made or is threatened to be made a party or
is otherwise involved in any threatened, pending or completed action, suit or proceeding (brought in the right of the Company or otherwise), whether civil, criminal, 

  
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administrative or investigative and whether formal or informal, including appeals, by reason of the fact that Indemnitee is or was or has agreed to serve as a director, officer or executive of
the Company, or while serving as a director, officer or executive of the Company, is or was serving or has agreed to serve at the request of the Company as a director, officer, executive, employee or agent (which, for purposes hereof, shall include
a trustee, partner or manager or similar capacity) of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or by reason of any action alleged to have been taken or omitted in
such capacity, from and against all loss and liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement reasonably incurred by or on behalf of Indemnitee in connection with such action, suit or
proceeding, including any appeals, to the fullest extent permitted by any applicable portion of this Agreement that shall not have been invalidated. 

Section 10. Contribution/Jointly Indemnifiable Claims. 

(a) In order to provide for just and equitable contribution in circumstances in which the indemnification provided for herein is held by a
court of competent jurisdiction to be unavailable to Indemnitee in whole or in part, it is agreed that, in such event, the Company shall, to the fullest extent permitted by the DGCL, contribute to the payment of all of Indemnitee’s loss and
liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement reasonably incurred by or on behalf of Indemnitee in connection with any action, suit or proceeding, including any appeals, in an
amount that is just and equitable in the circumstances; provided, that, without limiting the generality of the foregoing, such contribution shall not be required where such holding by the court is due to any limitation on indemnification set
forth in Section 5(c), 7 (other than clause (e)) or 8 hereof. 
 (b) Given that certain
jointly indemnifiable claims may arise due to the service of the Indemnitee as a director, officer and/or executive of the Company at the request of the Indemnitee-related entities, the Company acknowledges and agrees that the Company shall be fully
and primarily responsible for the payment to the Indemnitee in respect of indemnification or advancement of expenses in connection with any such jointly indemnifiable claim, pursuant to and in accordance with the terms of this Agreement,
irrespective of any right of recovery the Indemnitee may have from the Indemnitee-related entities. Under no circumstance shall the Company be entitled to any right of subrogation against or contribution by the Indemnitee-related entities and no
right of advancement, indemnification or recovery the Indemnitee may have from the Indemnitee-related entities shall reduce or otherwise alter the rights of the Indemnitee or the obligations of the Company hereunder. In the event that any of the
Indemnitee-related entities shall make any payment to the Indemnitee in respect of indemnification or advancement of expenses with respect to any jointly indemnifiable claim, the Indemnitee-related entity making such payment shall be subrogated to
the extent of such payment to all of the rights of recovery of the Indemnitee against the Company, and Indemnitee shall execute all papers reasonably required and shall do all things that may be reasonably necessary to secure such rights, including
the execution of such documents as may be necessary to enable the Indemnitee-related entities effectively to bring suit to enforce such rights. The Company and Indemnitee agree that each of the Indemnitee-related entities shall be third-party
beneficiaries with respect to this Section 10(b), entitled to enforce this Section 10(b) as though each such Indemnitee-related entity were a party to this Agreement. For purposes of this
Section 10(b), the following terms shall have the following meanings: 

  
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 (i) The term “Indemnitee-related entities” means any corporation, limited
liability company, partnership, joint venture, trust, employee benefit plan or other enterprise (other than the Company or any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise
Indemnitee has agreed, on behalf of the Company or at the Company’s request, to serve as a director, officer, executive, employee or agent and which service is covered by the indemnity described in this Agreement) from whom an Indemnitee may be
entitled to indemnification or advancement of expenses with respect to which, in whole or in part, the Company may also have an indemnification or advancement obligation (other than as a result of obligations under an insurance policy). 

(ii) The term “jointly indemnifiable claims” shall be broadly construed and shall include, without limitation, any action, suit or
proceeding for which the Indemnitee shall be entitled to indemnification or advancement of expenses from both the Indemnitee-related entities and the Company pursuant to the DGCL, any agreement or the certificate of incorporation, bylaws,
partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company or the Indemnitee-related entities, as applicable. 

Section 11. Form and Delivery of Communications. All notices, requests, demands
and other communications under this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by hand, upon receipt by the party to whom said notice or other communication shall have been directed,
(b) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed, (c) mailed by reputable overnight courier, one day after deposit with such courier and with written
verification of receipt or (d) sent by email or facsimile transmission, with receipt of oral or written confirmation that such transmission has been received. Notice to the Company shall be directed to Robert Blood, Senior Vice President, Chief
Legal Officer & General Counsel, by email at robb@candelamedical.com or by telephone at (774) 270-4694. Notice to Indemnitee shall be directed to Indemnitee’s contact information on file with the
Company’s Secretary or its Human Resources Department. 
 Section 12.
Nonexclusivity. The provisions for indemnification and advancement of expenses set forth in this Agreement shall not be deemed exclusive of any other rights which Indemnitee may have under any provision of law, in any court in which a
proceeding is brought, other agreements or otherwise, and Indemnitee’s rights hereunder shall inure to the benefit of the heirs, executors and administrators of Indemnitee. No amendment or alteration of the Company’s Certificate of
Incorporation or Bylaws or any other agreement shall adversely affect the rights provided to Indemnitee under this Agreement. 

Section 13. No Construction as Employment Agreement. Nothing contained herein
shall be construed as giving Indemnitee any right to be retained as a director of the Company or in the employ of the Company. For the avoidance of doubt, the indemnification and advancement of expenses provided under this Agreement shall continue
as to the Indemnitee even though he may have ceased to be a director, officer or executive of the Company. 

Section 14. Interpretation of Agreement. It is understood that the parties hereto
intend this Agreement to be interpreted and enforced so as to provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by the DGCL. 

Section 15. Entire Agreement. This Agreement and the documents expressly referred
to herein constitute the entire agreement between the parties hereto with respect to the matters covered hereby, and any other prior or contemporaneous oral or written understandings or agreements with respect to the matters covered hereby are
expressly superseded by this Agreement. 

  
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 Section 16. Modification and
Waiver. No supplement, modification, waiver 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 provision hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. For the avoidance of doubt, this Agreement may not be terminated by the Company without Indemnitee’s prior written consent. 

Section 17. Successor and Assigns. All of the terms and provisions of this
Agreement shall be binding upon, shall inure to the benefit of and shall be enforceable by the parties hereto and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company shall require and cause
any direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of such the Company, by written agreement in form and substance reasonably satisfactory to Indemnitee,
expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. 

Section 18. Service of Process and Venue. 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) appoint, to the extent such party is not otherwise subject to service of process in the State of Delaware, irrevocably Corporation Service Company, 251 Little Falls Drive, Wilmington, DE 19808 as its agent in the
State of Delaware as such party’s agent for acceptance of legal process in connection with any such action or proceeding against such party with the same legal force and validity as if served upon such party personally within the State of
Delaware, (iv) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (v) 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. 
 Section 19. Governing
Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. If a court of competent jurisdiction shall make a final determination that the provisions of the law of any state other than
Delaware govern indemnification by the Company of Indemnitee, then the indemnification provided under this Agreement shall in all instances be enforceable to the fullest extent permitted under such law, notwithstanding any provision of this
Agreement to the contrary. 
 Section 20. Counterparts. This Agreement
may be executed in two or more counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same instrument, notwithstanding that both parties are not signatories to the original or same
counterpart. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to this Agreement or any document to be signed in connection with this Agreement shall be deemed
to include electronic signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a
paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the 

  
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transactions contemplated hereunder by electronic means. This Agreement, to the extent signed and delivered by means of a email transmission, shall be treated in all manner and respects as an
original agreement and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. 

Section 21. Headings. The section and subsection headings contained in
this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 

  
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 This Agreement has been duly executed and delivered to be effective as of the date first
above written. 
  

							
	Company:	 		 	Indemnitee:
			
	CANDELA MEDICAL, INC.	 		 	

							
				
	By:	 	   
	 		 	   

							
	Name:	 		 		 	Name:
	Title:	 		 		 	Title:

 [Candela Medical, Inc.– Signature Page to Indemnification Agreement]​

Exhibit 10.1
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SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
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THIS SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Second Amendment”) is effective as of September 21, 2021, by and between INOTIV, INC. (formerly known as Bioanalytical Systems, Inc.), an Indiana corporation (the “Borrower”), and FIRST INTERNET BANK OF INDIANA, an Indiana state bank (“Bank”).  The parties agree as follows:
​
WHEREAS, as of April 30, 2021, the parties hereto entered into a certain Amended and Restated Credit Agreement (as amended, the “Agreement”);
​
WHEREAS, BAS Evansville, Inc., an Indiana corporation and Subsidiary of Borrower (“BAS Evansville”), is a guarantor of the Obligations of Borrower to Bank under the Agreement.
​
Dolphin Merger Sub, LLC, an Indiana limited liability company (“Merger Sub LLC”), and Dolphin Mergeco, Inc., a Delaware corporation (“Merger Sub”), each a wholly owned subsidiary of Borrower, desire to merge with and into Envigo RMS Holding Corp., a Delaware corporation (“Envigo”), pursuant to that certain Agreement and Plan of Merger to be dated on or about the date hereof by and among Merger Sub LLC, Merger Sub, Borrower (as Parent), Envigo, and Shareholder Representative Services LLC, a Colorado limited liability company (as Securityholder Representative) (the “Envigo Acquisition”).
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WHEREAS, the Borrower desires to issue unsecured senior convertible notes in an amount of up to $150,000,000 pursuant to the terms of an Indenture by and among Borrower (as Issuer), BAS Evansville (as guarantor), and U.S. Bank National Association (as trustee) in  order to finance, in part, the Envigo Acquisition (the “Indenture”);
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WHEREAS, (i) pursuant to Section 5.1(f) of the Agreement, subject to Bank’s written consent, the Borrower may and may permit any Subsidiary to create, incur, assume or suffer to exist any Indebtedness, and (ii) pursuant to Section 5.1(h) of the Agreement, subject to Bank’s consent, the Borrower may and may permit any Subsidiary to assume, guarantee or otherwise become liable as a guarantor or surety for the obligations of any Person. The Borrower has notified Bank of the intention of each of the Borrower and BAS Evansville to enter into the Indenture and to become liable for the indebtedness referenced therein, and the parties desire to acknowledge the Bank’s consent to such Indenture subject to the terms and conditions contained herein;
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WHEREAS, the parties further desire to amend the Agreement to, among other things, modify certain definitions and other terms and provisions, all subject to the terms contained herein; and
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NOW, THEREFORE, in consideration of the premises, and the mutual promises herein contained, the parties agree that the Agreement shall be, and it hereby is, amended as provided herein and the parties further agree as follows:
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PART I.  CONSENT
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The Bank acknowledges that it has received the notice of Borrower’s and BAS Evansville’s intent to enter into the Indenture and issue the relevant notes thereunder, and recognizes that, immediately following the consummation of the Indenture, the Borrower shall incur, and BAS Evansville shall guarantee, the relevant Indebtedness of the Borrower to the Holders (as such term is defined in the Indenture).  To the extent consent is required in connection with the execution and consummation of the Indenture, the Bank hereby consents to (i) the incurrence of the Indebtedness to the Holders by Borrower arising under the Indenture and the Borrower’s performance of its obligations under the Indenture, and (ii) the guarantee of the Indebtedness to the Holders arising under the Indenture by BAS Evansville; provided, however, that (i) $18,000,000 of the proceeds of the issuance of the notes under the Indenture shall be placed in a deposit account held with Bank and subject to a first priority lien and security interest in favor of Bank, and (ii) all remaining proceeds of the Indenture shall be used solely for the purpose of financing the Envigo Acquisition.
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PART II.  AMENDATORY PROVISIONS
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ARTICLE 1.   DEFINITIONS.
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Section 1.1  Defined Terms.  Section 1.1 of the Agreement is hereby amended by adding the following new definitions:
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“Fixed Charge Coverage Ratio”  means for the applicable Test Period, the ratio resulting from dividing (i) Adjusted EBITDA minus (a) Unfunded Capital Expenditures, minus (b) the aggregate amount of cash payments of income taxes for such Test Period by (ii) Fixed Charges for such Test Period; provided, however, that all obligations that are or would be characterized as operating lease obligations in accordance with GAAP prior to the effective date of FASB ASC 842 (whether or not such operating lease obligations were in effect as of such date) (the “Operating Lease GAAP Change”), shall continue to be accounted for as operating lease obligations (and not as Capital Lease Obligations) for purposes of calculation of the Fixed Charge Coverage Ratio regardless of the operation of FASB ASC 842 or any other GAAP change after the Closing Date that would otherwise require such obligations to be characterized or re-characterized (on a prospective or retroactive basis or otherwise) as Capital Lease Obligations.
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“Second Amendment” shall mean that certain Second Amendment to Amended and Restated Credit Agreement dated as of September 21, 2021 by and between the Borrower and the Bank.
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“Second Amendment Loan Documents” shall mean the Second Amendment, the that certain Reaffirmation of Guaranty in favor of Bank, that certain Deposit Account Pledge Agreement in favor of Bank, and all other Loan Documents evidencing or securing the Facilities delivered to the Bank in connection with the Second Amendment.
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“Senior Funded Debt to Adjusted EBITDA Ratio” means, for the applicable Test Period, the ratio of (i) the sum of (a) all Indebtedness owed by the Borrower (including, but not limited to, short-term Indebtedness, long-term Indebtedness, and Capital Lease Obligations; provided, however, that all obligations that are or would be characterized as unsecured operating lease obligations in accordance with GAAP prior to the Operating Lease GAAP Change shall continue to be accounted for as operating lease obligations (and not as Capital Lease Obligations) for purposes of calculation of the Senior Funded Debt to Adjusted EBITDA Ratio regardless of the operation of FASB ASC 842 or any other GAAP change after the Closing Date that would otherwise require such obligations to be characterized or re-characterized (on a prospective or retroactive basis or otherwise) as Capital Lease Obligations); provided further, that the amount of Indebtedness for purposes of calculating the Senior Funded Debt to Adjusted EBITDA Ratio shall not include any Indebtedness incurred under the Indenture through the earlier of (I) a certain determination that the Envigo Acquisition shall not be consummated, or (II) March 31, 2022 minus (b) Unrestricted Cash up to $2,500,000, minus (c) Subordinated Debt to (ii) Adjusted EBITDA.
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Schedule 4.10   Indebtedness.   Schedule 4.10 of the Agreement shall be amended by replacing Schedule 4.10 in its entirety with the Schedule 4.10 attached hereto as Exhibit “A”.
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PART III.  CONTINUING EFFECT
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Except as expressly modified herein:
(a)        All terms, conditions, representations, warranties and covenants contained in the Agreement shall remain the same and shall continue in full force and effect, interpreted, wherever possible, in a manner consistent with this Second Amendment; provided, however, in the event of any irreconcilable inconsistency, this Second Amendment shall control;
(b)        The representations and warranties contained in the Agreement shall survive this Second Amendment in their original form as continuing representations and warranties of Borrower; and
(c)        Capitalized terms used in this Second Amendment, and not specifically herein defined, shall have the meanings ascribed to them in the Agreement.
In consideration hereof, Borrower represents, warrants, covenants and agrees that:
(aa)      Each representation and warranty set forth in the Agreement, as hereby amended, remains true and correct as of the date hereof in all material respects, except to the extent that such representation and warranty is expressly intended to apply solely to an earlier date and except changes reflecting transactions permitted by the Agreement;
(bb)      There currently exist no offsets, counterclaims or defenses to the performance of the Obligations (such offsets, counterclaims or defenses, if any, being hereby expressly waived);
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(cc)      Except as expressly waived in writing by Bank, there has not occurred any Default or Unmatured Default; and
(dd)      After giving effect to this Second Amendment and any transactions contemplated hereby, no Default or Unmatured Default is or will be occasioned hereby or thereby.
PART IV.  CONDITIONS PRECEDENT
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Notwithstanding anything contained in this Second Amendment to the contrary, Bank shall have no obligation under this Second Amendment until each of the following conditions precedent have been fulfilled to the satisfaction of Bank:
(a)        Bank shall have received each of the following, in form and substance satisfactory to Bank:
(i)         The Second Amendment Loan Documents, each duly executed in the forms prescribed by Bank;
(ii)       Certified copies of Borrower’s and Subsidiaries’ articles of incorporation, articles of organization or certificate of formation, as applicable, and bylaws and operating agreement, as applicable, all as amended (or certification as to no change to the foregoing since the immediate prior delivery of same to the Bank), accompanied by a recent certificate of existence issued by the appropriate official of its respective place of organization, certificates of good standing from those states in which Borrower and Subsidiaries are qualified to do business and a certified copy of resolutions adopted by Borrower’s and Subsidiaries’ board of directors or managers, as applicable, authorizing this Second Amendment and the transactions contemplated hereby, and specifying the persons authorized to execute and deliver the Loan Documents;
(iii)      A Deposit Account Pledge Agreement duly executed by Borrower in form satisfactory to the Bank;
(iv)      A Reaffirmation of Guaranty duly executed by each Guarantor in form satisfactory to the Bank;
(v)       A fully executed copy of the Plan of Merger for the Envigo Acquisition;
(vi)      A fully executed copy of the Indenture;
(vii)     A fully executed copy of the commitment letter for the Borrower’s new proposed senior financing to be arranged by Jefferies LLC; and
(b)        Borrower shall have paid Bank a non-refundable amendment fee in the amount of $20,000.
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PART V.  POST-CLOSING COVENANTS
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Borrower hereby acknowledges and agrees that:
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(a)        Immediately following any funding of the initial Indebtedness incurred in connection with the Indenture, Borrower shall deposit $18,000,000 of the proceeds of the Indenture subject to a first priority lien and security interest in favor of Bank; and
(b)        Within ninety (90) days following the earlier of (i) a certain determination that the Envigo Acquisition shall not be consummated, or (ii) March 31, 2022 Borrower shall repay in full all of its obligations due and owing in connection with the Indenture and shall cause termination of all commitments arising under the Indenture.
The Borrower hereby agrees that any failure of the Borrower to comply with the terms and conditions of the above post-closing requirements shall constitute an Event of Default under the Agreement, without any requirement for the giving of notice or the lapse of time.
PART VI.  EXPENSES AND FEES
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Borrower shall reimburse Bank for all legal fees and other expenses.  Bank is hereby authorized to debit Borrower’s deposit account maintained at Bank for such legal fees and other fees and expenses.
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[THIS SPACE INTENTIONALLY LEFT BLANK]
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IN WITNESS WHEREOF, Borrower and Bank have caused this Second Amendment to Amended and Restated Credit Agreement to be executed by their respective officers duly authorized as of the date first above written.
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	“BORROWER”

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	INOTIV, INC. (formerly known as Bioanalytical Systems, Inc.)

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	By:
	/s/ Beth A. Taylor

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	Beth A. Taylor, Chief Financial Officer
& Vice President-Finance

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	“BANK”

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	FIRST INTERNET BANK OF INDIANA

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	By:
	/s/ Katrina McWilliams

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	Katrina McWilliams, Vice President

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Exhibit “A”
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Schedule 4.10
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Indebtedness
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1.   Indebtedness of Borrower owed to Phillip Bendele in the original principal amount of $750,000.
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2.   Indebtedness of Borrower owed to Alison Bendele in the original principal amount of $750,000.
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3.   Indebtedness of BASi Gaithersburg owed to Smithers Avanza Toxicology Services LLC, a Delaware limited liability company, in the original principal amount of $810,000.
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4.   Indebtedness of Bronco Research owed to Pre-Clinical Research Services, Inc., a Colorado corporation, in the original principal amount of $800,000.
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5.   Indebtedness of Borrower arising under the Indenture in the aggregate principal amount of up to $150,000,000.

A-1

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