Document:

Exhibit 10.7

   

  EMPLOYMENT AGREEMENT

   

  EMPLOYMENT AGREEMENT made this 17th day of March, 2004 by and between FEMASYS INC., a Delaware corporation having a principal place of business at 9070 Brixham Court, Suwanee, Georgia
    30024 (hereinafter the “Company”), and Daniel S. Currie, residing at 675 Sweet Gum Forest Lane, Alpharetta, GA 30005 (hereinafter “Executive”).

   

  Recital:

   

  The Company desires to employ Executive and Executive desires to be employed by the Company upon the terms and conditions herein set forth.

   

  NOW, THEREFORE, the parties agree as follows:

   

  1.        Definitions. The terms defined in this Section 1 shall have the respective meanings indicated:

   

  	
           

        	
          (a)

        	
          “Affiliate” of a Person shall mean a Person that directly or indirectly through one or more intermediaries, controls, is controlled by,
            or is under common control with, the first Person.

        

  

  	
           

        	
          (b)

        	
          “Cause” shall mean any of the following:

        

  

  	
           

        	
          (i)

        	
          any intentional or reckless misrepresentation of a material fact to the Board of Directors of the Company (the “Board”); breach of a
            fiduciary duty to the Company; or misappropriation or fraud against the Company;

        

  

  	
           

        	
          (ii)

        	
          intentional destruction or theft of the Company’s property or falsification of the Company’s documents;

        

   

  	
           

        	
          (iii)

        	
          a material breach by Executive of any provision of this Agreement and the failure by Executive to cure such breach within thirty (30)
            days of the date on which the Company gives Executive notice thereof; or

        

   

  	
           

        	
          (iv)

        	
          gross negligence in the performance of his duties.

        

   

  	
           

        	
          (c)

        	
          “Commencement Date” shall mean March 1, 2004, the date that Executive’s employment hereunder retroactively commences.

        

   

  	
           

        	
          (d)

        	
          “Common Stock” shall mean the Company’s Common Stock, par value $.001 per share.

        

   

  	
           

        	
          (e)

        	
          “Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management policies of
            a Person, whether through the ownership of voting securities, by contract, as trustee or executor, or otherwise.

        

   

   

  
     

    
      
 

  

  
   

   

  	
           

        	
          (f)

        	
          “Date of Termination” shall mean in the case of Executive’s death, the date of death, in the case of Disability, thirty (30) days after
            Notice of Termination is given following the occurrence of a Disability (provided Executive shall not have returned to the full-time performance of his duties during such thirty (30) day period), and in all other cases, the date specified in
            the Notice of Termination. Date of Termination shall also mean the final date of employment if the Term is not extended pursuant to Section 3 below.

        

  

  	
           

        	
          (g)

        	
          “Disability” shall occur if, as a result of Executive’s incapacity because of physical or mental illness, Executive shall have been
            absent from the full-time performance of his duties with the Company for one hundred eighty (180) days in any nine (9) month period.

        

  

  	
           

        	
          (h)

        	
          “Good Reason” shall mean any of the following bases for termination of Executive’s employment by Executive:

        

  

  	
           

        	
          (i)

        	
          the removal of Executive as Vice President, Quality Assurance & Regulatory Compliance of the Company without Cause;

        

   

  	
           

        	
          (ii)

        	
          the assignment to Executive of any duties inconsistent in any material respect with Executive’s executive position, authority, duties or
            responsibilities as contemplated by Section 5(a) of this Agreement;

        

   

  	
           

        	
          (iii)

        	
          an action of the Company changing Executive’s primary place of employment to a new location for which the daily round trip commute (by
            the most direct route) is at least sixty (60) miles farther than Executive’s daily round trip commute to the original place of employment; or

        

   

  	
           

        	
          (iv)

        	
          a material breach by the Company of any provision of this Agreement and the failure by the Company to cure such breach within thirty (30)
            days of the date on which Executive gives the Company notice thereof.

        

   

  	
           

        	
          (i)

        	
          “Inventions” means all inventions, discoveries, concepts and ideas, and the expressions of all concepts and ideas, whether or not
            copyrightable, and whether or not patentable, including but not limited to processes, methods, formulas, software, systems, and techniques, as well as improvements and enhancements.

        

   

  	
           

        	
          (j)

        	
          “Notice of Termination” means a written notice of the termination of Executive’s employment by either the Company or Executive, except
            for a termination based on Executive’s death. A notice given pursuant to Section 3 is a Notice of Termination.

        

   

  	
           

        	
          (k)

        	
          “Person” shall mean any natural person, corporation, partnership, association, limited liability company, trust, governmental authority
            or other entity.

        

   

  	
           

        	
          (l)

        	
          “Retirement” shall mean termination of Executive’s employment for any reason after Executive has reached age sixty five (65).

        

   

   

   

  
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  2.        Employment. The Company hereby employs Executive and Executive hereby accepts employment with the Company for the Term defined in Section 3 below, in the
    position and with the duties and responsibilities set forth in Sections 4 and 5 below, and upon the other terms and conditions hereinafter stated.

   

  3.        Term. Executive’s employment is for the period commencing on the Commencement Date and terminating two (2) years from such date, or upon Executive’s
    earlier death, termination by reason of Disability or termination by either party pursuant to Section 10 (the “Initial Term”). The Initial Term shall be automatically extended for successive one (1) year periods (each a “Renewal Term,” with the Initial
    Term and any Renewal Terms collectively referred to herein as the “Term”), unless at least thirty (30) days prior to the end of the Initial Term or any Renewal Term, either party, by notice to the other party, elects not to have the Term automatically
    extended.

   

  4.        Position. Executive shall serve as Vice President, Quality Assurance & Regulatory Compliance of the Company.

   

  5.        Duties and Responsibilities.

   

  	
           

        	
          (a)

        	
          Executive shall devote his full business time and best efforts to, and shall perform faithfully and loyally, the duties of the office of
            Vice President, Quality Assurance & Regulatory Compliance , and shall exercise such powers and fulfill such responsibilities as may be assigned to him by the Company’s Board and the President and Chief Executive Officer.

        

  

  	
           

        	
          (b)

        	
          During the Term, Executive will not engage in other employment or consulting work or any trade or business for his own account or on
            behalf of any other Person without prior written consent of the Company’s President and Chief Executive Officer. Notwithstanding the foregoing, Executive may (i) serve on corporate, civic, industry or charitable boards or committees and (ii)
            manage his own and his immediate family’s personal investments, provided that the activities permitted by clauses (i) and (ii) above shall not, individually or in the aggregate, interfere in any material respect with the performance of
            Executive’s responsibilities hereunder.

        

   

  6.        Salary. For services rendered by Executive under this Agreement, the Company shall pay to Executive an aggregate annual base salary of sixty thousand
    dollars ($60,000), to be adjusted to eighty thousand dollars ($80,000) once financing of a minimum of one million dollars ($1,000,000) shall have been invested, and to be adjusted to one hundred thousand dollars ($100,000) once financing of a minimum
    of two million dollars ($2,000,000) shall have been invested in the Company, payable in equal installments, at least monthly, in accordance with the Company’s regular payroll procedures. The Compensation Committee of the Board shall in good faith
    consider increasing Executive’s salary at least annually beginning January 2006.

   

   

  
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  7.        Employee Benefits. Executive shall be eligible for disability, medical, dental and other benefits provided to executives of the
    Company at the Company’s expense once such benefits are offered by the Company to its executives. Executive shall be granted options under the Company’s 2004 Stock Incentive Plan and pursuant to a Stock Option Grant Certificate in the form attached
    hereto as Exhibit “A” (the “Option Agreement”) to purchase 250,000 shares of the Company’s Common Stock (the “Option Stock”). The Option Stock shall have a term of ten (10) years and an exercise price of $0.25 per share and shall vest ratably over four
    (4) years commencing April 20, 2004. Any terms contained in this Agreement regarding the exercisability or vesting of such option, including without limitation this Section 7, shall be reflected in the terms of the Option Agreement.

   

  8.        Vacation. Executive shall be entitled to three (3) weeks vacation (or a pro rata portion thereof) during each consecutive twelve (12) month period of
    employment beginning on the Commencement Date.

   

  9.        Business Expenses. Executive shall be reimbursed for all reasonable business expenses incurred by him in connection with his employment, while he is
    engaged in Company business, to be supported by such documentation as is required by the Company’s normal procedures.

   

  10.      Termination. Either the Company or Executive may terminate the employment of Executive at any time prior to the expiration of the Term of this Agreement,
    upon a finding of Cause or Good Reason.

   

  11.      Payments During Disability and Upon Termination or Expiration. Executive or his estate shall be entitled to the following during a period of Disability,
    upon Executive’s death, upon termination of Executive’s employment by Executive or the Company, or if the Term of this Agreement is not extended by either party pursuant to Section 3 above, as the case may be:

   

  	
           

        	
          (a)

        	
          During any period that Executive fails to perform his full-time duties with the Company as a result of incapacity due to physical or
            mental illness, until such time as Executive returns to the full-time performance of his duties or the Date of Termination if Executive’s employment is terminated after the occurrence of a Disability, Executive shall continue to receive his
            base salary at the rate in effect at the commencement of any such period, plus all other amounts or benefits to which Executive is entitled through such date under any plan, arrangement or practice in effect at the time of such termination,
            minus any disability benefits received by him under any insurance or disability plan of the Company or maintained at the expense of the Company, but only to the extent that such benefits are paid for periods for which Executive also receives
            the payments described in this Section 11(a).

        

  

  	
           

        	
          (b)

        	
          If: (i) Executive’s employment is terminated by Executive without Good Reason prior to Retirement; (ii) Executive’s employment is
            terminated by the Company for Cause; then the Company shall pay Executive his full base salary through the Date of Termination at the rate in effect at the time Notice of Termination is given, plus all other amounts or benefits to which
            Executive is entitled through such date under any plan, arrangement or practice in effect at the time of such termination. The Company shall have no further obligations to Executive under this Agreement (other than under COBRA and for vested
            and accrued benefits under Company-sponsored employee benefit plans and accrued and unpaid vacation.

        

   

  
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          (c)

        	
          If Executive’s employment is (i) terminated by reason of Executive’s death, or (ii) wrongfully terminated by the Company absent Cause, or
            (iii) terminated by Executive for Good Reason, then Executive shall be entitled to the following:

        

  

  	
           

        	
          (A)

        	
          the Company shall pay to Executive any unpaid base salary through the Date of Termination at the rate in effect at the time Notice of
            Termination is given, no later than the end of the pay cycle following the Date of Termination, plus a pro rata portion of his bonus, if any, based on the number of months during which Executive was employed during the fiscal year in which his
            employment was terminated;

        

  

  	
           

        	
          (B)

        	
          Executive shall be entitled to receive a lump sum severance payment equal to fifty percent (50%) of the then-current base annual salary.
            The severance payment will be due within thirty (30) days of the last date of employment; and

        

  

  	
           

        	
          (C)

        	
          Executive shall be entitled to twelve (12 months) acceleration of unvested stock options to purchase capital stock or restricted stock of
            Company held by Executive.

        

   

  	
           

        	
          (d)

        	
          If Executive’s employment shall be terminated by reason of Executive’s Retirement, then Executive shall be entitled to receive the
            compensation provided for in subsection 11(c)(A).

        

   

  	
           

        	
          (e)

        	
          If Executive terminates his employment or if Company (or any successor) terminates Executive’s employment without Cause, Executive shall
            have ninety (90) days from the date of termination to exercise any vested options.

        

   

  12.      Indemnification. Executive shall be provided indemnification protection in his capacity as an officer for actions taken within the scope of his
    employment, including insurance coverage with customary limits, to the full extent permitted by the Company’s Certificate of Incorporation and By-laws.

   

  13.      Non-Solicitation/No-Hire. Executive agrees that, during the Term of his employment and for a period of one (1) year following the Date of Termination or
    expiration of the Term of his employment, as the case may be, he shall not conduct or participate (directly or indirectly, including through one or more Affiliates) in hiring, attempting to hire or assisting any other Person in hiring or attempting to
    hire, or inducing to leave the employ of the Company, any employee, officer or contractor of the Company, or any person who was an employee, officer or contractor of the Company within the six (6) month period prior to the Date of Termination or
    expiration of the Term of his employment.

   

   

  
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  14.      Non-Competition; Confidentiality.

   

  	
           

        	
          (a)

        	
          During the Term and for the Restricted Period (hereinafter defined) after his employment hereunder terminates or is terminated, Executive
            will not in any way, directly or indirectly, manage, operate, control, accept employment or a consulting position with or otherwise advise, participate in, assist or be connected with, or provide any services to any Competitive Enterprise (as
            hereinafter defined); provided, that this Section 14(a) shall not prevent Employee from (A) being an employee of any division of any Entity to the extent that such division does not directly engage in the Competitive Enterprise, or (B)owning or
            having any other interest in, or right with respect to the revenues, receipts, profits or losses of any Competitive Enterprise (other than through ownership of no more than five percent (5%) of the outstanding shares of a Person’s stock which
            is listed on a national securities exchange or in the NASDAQ system). For purposes of this Section 14:

        

  

  	
           

        	
          (i)

        	
          “Restricted Period” means the greater of the period of two (2) years next following the termination of the Executive’s employment by the
            Company for Cause or by Executive without Good Reason, or the period of time during which the Executive is receiving payments from the Company pursuant to Section 11 hereof (as the case may be); and

        

  

  	
           

        	
          (ii)

        	
          “Competitive Enterprise” means any person, firm or corporation that directly or indirectly produces, markets, promotes, or sells
            contraception products or whose business, activities, products or services are then competitive with any of the business, activities, products or services conducted or offered by the Company.

        

  

  	
           

        	
          (b)

        	
          For purposes of this Agreement, “Proprietary Information” shall mean any information relating to the business of the Company or its
            Affiliates that has not previously been publicly released by authorized representatives of the Company without a breach of this Agreement by Executive and shall include (but shall not be limited to) information encompassed in all marketing and
            business plans, customer lists, financial information, costs, pricing information, source code and related information and all methods, concepts, or ideas in or reasonably related to the business of the Company or its Affiliates which is
            treated by the Company as confidential information and any third party or client information received by the Company in confidence.

        

   

  The Executive agrees to regard and preserve as confidential all Proprietary Information that has been or may be developed or obtained by Executive in the course of his
    employment with the Company or its Affiliates, whether he has such information in his memory or in writing or other physical form. Executive shall not, without written authorization from the Company to do so, use for his benefit or purposes, nor
    disclose to others, either during the Term or thereafter, except as required by the conditions of his employment hereunder, any Proprietary Information. This prohibition shall not apply to Proprietary Information which has been voluntarily disclosed to
    the public by the Company, independently developed and disclosed by others, or otherwise enters the public domain through lawful means. Upon termination of his employment, Executive shall promptly deliver to the Company all documents, storage media,
    and other tangibles containing Proprietary Information.

   

   

  
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  In the event that Executive is required by judicial process to make a disclosure of Proprietary Information, he shall provide the Company with immediate notice thereof, and
    will make no disclosure until the Company has had the opportunity to seek an appropriate protective order or some other waiver of compliance with the process, unless in the opinion of counsel to Executive the failure to make earlier disclosure would
    make Executive liable for contempt or cause him to suffer some other censure or penalty. In any circumstance where disclosure of Proprietary Information is required by valid legal process, Executive shall use his best efforts to obtain an order or
    other binding assurance that all disclosures will receive confidential treatment by the recipient(s).

   

  	
           

        	
          (c)

        	
          Except as set forth in the NOTICE below, all Inventions which Executive conceives, develops or first actually reduces to practice either
            alone or with others during the Term of this Agreement shall be the exclusive property of the Company. Executive will disclose all such Inventions to the Company promptly and in writing and will comply with applicable Company procedures, if
            any, or as otherwise requested of Executive by the Company. When requested, and at the Company’s expense, Executive will assist the Company in efforts to protect such Inventions, including without limitation by taking any of the following
            actions:

        

  

  	
           

        	
          (i)

        	
          making application for a patent on any such Invention specified by the Company;

        

  

  	
           

        	
          (ii)

        	
          executing documents of assignment to the Company of all his right, title and interest in and to any such Inventions, all patent
            applications relating thereto, and all patents granted thereon; and

        

  

  	
           

        	
          (iii)

        	
          from time to time, at the request of the Company, executing all instruments and rendering all such assistance as may
            reasonably be required in order to protect the rights of the Company and to vest in the Company all rights to any such Invention, patent application, and patent.

        

   

  Each of Executive’s duties specified in this paragraph (c) shall survive termination of his employment to the extent such duties relate to Inventions made or conceived by
    him during his employment.

   

  	
           

        	
          (d)

        	
          The Company will determine, in its sole and absolute discretion, whether an application for a patent will be filed on any Invention which
            is the exclusive property of the Company, as set forth above, and whether such an application will be abandoned prior to issuance of a patent.

        

   

  NOTICE: This Agreement does not apply to any Invention for which no equipment, supplies, facility or trade secret information of the Company was used, which was developed entirely on
    Executive’s own time, and (1) which does not relate (a) directly to the business of the Company or (b) to the Company’s actual or demonstrably anticipated research or development, or (2) which does not result from any work performed by Executive for
    the Company.

   

   

  
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  15.      Remedies. Executive recognizes the highly competitive nature of the industry in which the Company’s business is involved and acknowledges that his
    services to the Company will be special and unique; his work for the Company will allow him access to the Company’s highly proprietary and confidential information; the Company’s business is conducted throughout the world; the Company would not have
    entered into this Agreement but for the covenants and agreements contained in Sections 13 and 14 hereof; and the agreements and covenants in Sections 13 and 14 are essential to protect the business and goodwill of the Company. Executive understands and
    agrees that the Company will be irreparably damaged in the event that Sections 13 and 14 of this Agreement are violated and that such restrictions are necessary to protect the business and interests of the Company. Accordingly, Executive agrees that a
    remedy at law for any breach of such covenants would be inadequate. Executive agrees that the Company shall be entitled (in addition to any other remedy to which it may be entitled, at law or in equity) to a temporary, preliminary and permanent
    injunction to redress actual or threatened breaches of said Sections 13 and 14 and specifically to enforce the terms and provisions thereof, without the necessity of proving actual damage, provided that nothing herein contained shall be construed as
    prohibiting the Company from pursuing any other or additional judicial remedies available to it for any actual or threatened breach, including monetary damages or other remedies.

   

  16.      Successors and Assigns. This Agreement is a personal contract, and the rights and interests of Executive hereunder may not be sold, transferred, assigned,
    pledged, encumbered, or hypothecated by him. Payments due Executive hereunder shall be payable to his heirs or fiduciaries upon his death. Except as may be expressly provided otherwise herein, this Agreement shall be binding upon the Company and inure
    to the benefit of the Company and its Affiliates, and its successors and assigns, including (but not limited to) any corporation or other entity which may acquire all or substantially all of the Company’s assets or business or into or with which the
    Company or an Affiliate may be consolidated or merged.

   

  17.      Governing Law. Any controversy or claim arising out of or relating to this Agreement, or any breach thereof shall be governed by and construed in
    accordance with the laws of the State of Delaware, without giving effect to principles of conflicts of laws thereof.

   

  18.      Arbitration. Any controversy or claim arising out of or relating to this Agreement shall be settled by arbitration in accordance with the Commercial
    Arbitration Rules of the American Arbitration Association, and judgment upon the award rendered by the arbitration panel, which shall consist of three (3) members, may be entered in any court having jurisdiction. Any arbitration shall be held in
    Atlanta, Georgia. One (1) arbitrator shall be selected by Executive, one (1) arbitrator shall be selected by the Company, and the third arbitrator shall be selected by the two (2) arbitrators selected by Executive and the Company.

   

  19.      Entire Agreement. This Agreement contains all the understandings between the parties hereto pertaining to the matters referred to herein, and supersedes
    all undertakings and agreements, whether oral or in writing, previously entered into by them with respect thereto. The Company and the Executive are not relying on any such prior agreements or understandings in entering into this Agreement.

   

   

  
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  20.      Amendment or Modification, Waiver. No provision of this Agreement may be amended or waived unless such amendment or waiver is agreed to in writing, signed
    by Executive and by authorized officers of the Company. No waiver by any party hereto of any breach by another party hereto of any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of a similar or
    dissimilar condition or provision at the same time, any prior time or any subsequent time.

   

  21.      Notices. Any notice to be given hereunder shall be in writing and delivered personally or by overnight courier or sent by registered or certified mail,
    postage prepaid, return receipt requested, addressed to the party concerned at the address indicated below or to such other address as such party may subsequently give notice of hereunder in writing:

   

  

  	
           

        	
          To Executive: 

        	
          

          675 Sweet Gum Forest Lane,

              Alpharetta, Georgia 30005 

        
	
           

        	
          To the Company:

            

        	
          9070 Brixham Court, Suwanee,

              Georgia 30024 

        
	
           

        	
          With a copy to:

        	
          Mark H. Mirkin, Esq., Smith Moore, LLP

              Two Hannover Square, Raleigh,

              North Carolina 27601

        

   

  Any notice delivered personally shall be deemed given on the date delivered, any notice delivered by overnight courier shall be deemed given the day after deposit with a courier, and any
    notice sent by registered or certified mail, postage prepaid, return receipt requested, shall be deemed given on the date delivered as evidenced by the return receipt.

   

  22.      Severability. If any provision of this Agreement or the application of any such provision to any party or circumstances shall be determined by any court
    of competent jurisdiction to be invalid and unenforceable to any extent, the remainder of this Agreement or the application of such provision to such person or circumstances other than those to which it is so determined to be invalid and unenforceable
    shall not be affected thereby, and each provision hereof shall be validated and shall be enforced to the fullest extent permitted by law.

   

  23.      Survivorship. The respective rights and obligations of the parties hereunder shall survive any termination of this Agreement to the extent necessary to
    the intended preservation of such rights and obligations.

   

  24.      Headings. All descriptive headings of sections and paragraphs in this Agreement are intended solely for convenience, and no provision of this Agreement is
    to be construed by reference to the heading of any section or paragraph.

   

   

  
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  25.      Acknowledgment. The restrictions contained in Sections 13 and 14 of this Agreement are considered reasonable by the Company and Executive, and it is the
    desire of both parties that such restrictions and the other provisions of this Agreement be enforced to the fullest extent permissible under the laws and the public policies applied in each jurisdiction in which enforcement is sought. Accordingly, in
    the event that any such restriction or provision shall be found to be void or invalid but would be valid if some part thereof were deleted or the period or area of application reduced, such restriction or provisions shall apply with such modification
    as shall be necessary to make it valid and effective. A deletion resulting from any adjudication shall occur only with respect to the operation of the provision or a portion thereof affected in the particular jurisdiction in which such adjudication is
    made, and each court or other body having jurisdiction with respect to the enforcement of the provisions of Section 13 and 14 of this Agreement are hereby empowered to modify by reduction, rather than deletion, the time periods or other restrictions
    referred to therein. Executive has had an opportunity independently to consult with counsel and has had an opportunity to be advised in all respects concerning the reasonableness and propriety of such restrictions and the other provisions of this
    Agreement, and represents that the Agreement is intended to be fully enforceable and effective in accordance with its terms.

   

  26.      Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and both of which together shall be one (1) and
    the same agreement.

   

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

   

  	
           

        	
          /s/ Daniel S. Currie

        
	
           

        	
          Daniel S. Currie

        
	
           

        	
           

        
	
           

        	
          FEMASYS INC.

        
	
           

        	
           

        
	
           

        	
          By:

        	
          /s/ Kathy Lee-Sepsick

        
	
           

        	
           

        	
          Kathy Lee-Sepsick, President and

        
	
           

        	
           

        	
          Chief Executive Officer

        

   

  
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  FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

   

  This First Amendment to Employment Agreement is made and entered into as of the 31’ day of August, 2005 by and between FEMASYS INC., a Delaware corporation (the
    “Company”) and DANIEL S. CURRIE, a resident of Georgia (the “Executive”).

   

  WITNESSETH:

   

  WHEREAS, the Company and the Executive entered into that certain Employment Agreement dated as of March 17, 2004 pursuant to which the Executive has been employed as
    the Company’s Vice President, Operations (the “Employment Agreement”);

   

  WHEREAS, as of the date hereof certain investors are purchasing $2,290,000 in newly issued Series A-1 Preferred Stock of the Company (the “Investment”);

   

  WHEREAS, in order to induce such investors to consummate the Investment, the Company and the Executive desire to amend the Employment Agreement on the terms and
    conditions set forth herein.

   

  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 hereto hereby agree as follows:

   

  1.  Section 11(c)(C) of the Employment Agreement is amended by deleting the phrase “twelve (12) months” and inserting “six (6) months” in lieu thereof.

   

  2. The last sentence of Section 14 of the Employment Agreement is hereby deleted and the following sentence is hereby inserted in lieu thereof: “NOTICE: This Agreement
    does not apply to any Invention: (i) for which no equipment, supplies, facility or trade secret information of the Company was used, which was developed entirely on Executive’s own time, and (ii) which does not relate directly to the business of the
    Company or to Executive’s actual or demonstrably anticipated research or development.”

   

  3. The Company and the Executive acknowledge that they are parties to that certain Vesting Agreement of even date herewith that is being entered into in connection
    with the Investment (“Vesting Agreement”) and that Section 11(c)(C) of the Employment Agreement, as amended hereby, provides for acceleration of vesting for the Executive’s restricted stock. The parties hereto further acknowledge that such provision is
    not inconsistent with Section 2 of the Vesting Agreement and that the accelerated vesting provisions in the Employment Agreement, as amended, will be given full force and effect in accordance with the terms of the Employment Agreement.

   

  4.  Except as amended hereby, the Employment Agreement shall remain in full force and effect.

   

  5.  This First Amendment to Employment Agreement may be executed in counterparts, both of which shall be deemed an original and which, taken together, shall constitute
    a single instrument.

   

   

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

   

  

  	 	“COMPANY”
	 	 
	 	FEMASYS INC
	 	 	 
	 	By:	/s/ Kathy Lee-Sepsick
	 	Title:  President and Chief Executive Officer

   

  

  	 	“EXECUTIVE”
	 	 	 
	 	/s/ Daniel S. Currie
	 	Daniel S. Currie

  

   

   

  

  

  2Exhibit 10.12

   

  INDEMNIFICATION AGREEMENT

   

  This Indemnification Agreement (the “Agreement”) is made and entered into this ___ day of _______, 2021, by and between
    Femasys Inc., a Delaware corporation (the “Company,” which term shall include, where appropriate, any Enterprise (as hereinafter defined) controlled directly or indirectly by the Company), and __________ (the “Indemnitee”).

   

  WHEREAS, the Company desires to attract and retain the services of highly qualified individuals, such as Indemnitee, to serve the Company;

   

  WHEREAS, in order to induce Indemnitee to continue to provide services to the Company, the Company wishes to provide for the indemnification
    of, and advancement of expenses to, Indemnitee to the maximum extent permitted by law;

   

  WHEREAS, the Tenth Amended and Restated Certificate of Incorporation (as it may be amended from time to time, the “Charter”)

    currently authorizes, and the Bylaws (as it may be amended from time to time, the “Bylaws”) of the Company currently require, indemnification of the officers and directors of the Company, and Indemnitee may also be entitled to
    indemnification pursuant to the General Corporation Law of the State of Delaware (the “DGCL”);

   

  WHEREAS, the Charter, the Bylaws 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 of directors, officers and other persons with respect to indemnification;

   

  WHEREAS, the Board of Directors of the Company (the “Board”) has determined that the increased difficulty in attracting
    and retaining highly qualified persons such as Indemnitee is detrimental to the best interests of the Company’s stockholders;

   

  WHEREAS, it is reasonable and prudent 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, regardless of any amendment or revocation of the Charter or the Bylaws, so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified;
    and

   

  WHEREAS, this Agreement is a supplement to and in furtherance of the indemnification and advancement of expenses currently provided in the
    Charter and the Bylaws (as well as any indemnification or advancement of expenses as may hereafter be provided in any amendment to the Charter or Bylaws) and pursuant to any resolutions of the directors of the Company, and shall not be deemed a
    substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder.

   

  

   

   

   

  
     

    
      
 

  

  
   

   

  NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as
    follows:

   

  1.          Services to the Company. Indemnitee agrees to serve as an [officer] [director] [officer and/or director] of the Company. Indemnitee may at any time and for any reason resign from such position or positions (subject to any other contractual
      obligation or any obligation imposed by operation of law), in which event the Company shall have no obligation to continue Indemnitee in such position. This Agreement shall not be deemed an employment contract between the Company (or any of its
      subsidiaries or any Enterprise) and Indemnitee. [Indemnitee specifically acknowledges that Indemnitee’s employment with the Company (or any of its subsidiaries or any Enterprise), if any, is at will, and the Indemnitee may be discharged at
      any time for any reason, with or without cause, except as may be otherwise provided in any written employment contract between Indemnitee and the Company (or any of its subsidiaries or any Enterprise), or other applicable formal severance policies
      duly adopted by the Board.]1 The foregoing notwithstanding, this Agreement shall continue in force after Indemnitee has
      ceased to serve as an [officer] [director] [officer and/or director] of the Company, as provided in Section 16 hereof.

   

  2.           Definitions.

   

  As used in this Agreement:

   

  (a)          “Agent” means any
      person who is or was a director, officer, or employee of the Company or a subsidiary of the Company or other person authorized by the Company to act for the Company, to include such person serving in such capacity as a director, officer, employee,
      fiduciary or other official of another corporation, partnership, limited liability company, joint venture, trust or other enterprise at the request of, for the convenience of, or to represent the interests of the Company or a subsidiary of the
      Company.

   

  (b)          A “Change in Control” shall be deemed to occur upon the earliest to occur after the date of this Agreement of any of the following events:

   

  	
           

        	
          (i)

        	
          Acquisition of Stock by Third Party. Any
              Person (as defined below) is or becomes the Beneficial Owner (as defined below), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the combined voting power of the Company’s then outstanding
              securities unless the change in relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of
              directors;

        

   

  	
           

        	
          

          (ii)  	
          Change in Board of Directors. During any period of two (2) consecutive years (not
            including any period prior to the execution of this Agreement), individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person who has entered into an agreement with the
            Company to effect a transaction described in Sections 2(b)(i), 2(b)(iii) or 2(b)(iv)) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of
            the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was so approved, cease for any reason to constitute at least a majority of the members of the Board;

        

   

  	
           

        	
          (iii)

        	
          Corporate Transactions. The effective date of
              a merger or consolidation of the Company with any other entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to
              represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its ultimate parent, as applicable) more than fifty percent (50%) of the combined voting power of the voting securities of the
              surviving entity or its ultimate parent, as applicable, outstanding immediately after such merger or consolidation and with the power to elect at least a majority of the board of directors or other governing body of such surviving entity or
              its ultimate parent, as applicable;

        

   

  
     

  

  	
          1

        	
          NTD: Include only for “officer” or “director and officer” forms of agreement.

        

   

  
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          (iv)

        	
          Liquidation or Sale. The approval by the
              stockholders of the Company of a complete liquidation of the Company or the effective date of an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets; and

        

  

  	
           

        	
          (v)

        	
          Other Events. There occurs any other event of a nature that would be required to be reported in response
            to Item 6(e) of Schedule 14A of Regulation 14A (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below), whether or not the Company is then subject to such reporting requirement.

        

   

  For purposes of this Section 2(b), the following terms shall have the following meanings:

   

  (A) “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time.

   

  (B) “Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act; provided, however, that Person shall exclude (i) the
    Company, (ii) any trustee or other fiduciary holding securities of the Company under an employee benefit plan of the Company, and (iii) any corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same
    proportions as their ownership of stock of the Company.

   

  (C) “Beneficial Owner” shall have the meaning given to such term in Rule 13d-3 under the Exchange Act; provided, however, that Beneficial Owner shall
    exclude any Person otherwise becoming a Beneficial Owner by reason of the stockholders of the Company approving a merger of the Company with another entity.

   

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

   

  (d)          “Disinterested Director” shall mean 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.

   

  (e)          “Enterprise”
      shall mean the Company and any other corporation, limited liability company, partnership, joint venture, trust or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, trustee, partner, managing
      member, employee, agent or fiduciary.

   

  (f)          “Expenses” shall
      include all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees of experts and other professionals, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service
      fees, ERISA excise taxes and penalties, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or
      otherwise participating in, a Proceeding. Expenses also shall include: (i) Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for, and other costs relating to any cost
      bond, supersedeas bond, or other appeal bond or its equivalent, and (ii) for purposes of Section 14(d) only, Expenses incurred by Indemnitee in connection with the interpretation, enforcement or
      defense of Indemnitee’s rights under this Agreement, by litigation or otherwise (unless a court of competent jurisdiction determines that the assertions made by Indemnitee in such Proceeding or otherwise were not made in good faith or were
      frivolous). The parties agree that for the purposes of any advancement of Expenses for which Indemnitee has made written demand to the Company in accordance with this Agreement, all Expenses included in such demand that are certified by affidavit of
      Indemnitee’s counsel as being reasonable shall be presumed to be reasonable. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.

   

   

  
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  (g)          “Independent Counsel” shall mean 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 (other than
      with respect to matters concerning 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 and expenses 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. 

   

  (h)          The term “Proceeding” shall include any threatened, pending or completed action, suit, claim, counterclaim, cross claim, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened
      or completed proceeding, whether brought in the right of the Company or otherwise and whether of a civil, criminal, administrative, legislative, arbitrative, or investigative (formal or informal) nature, including any appeal therefrom, in which
      Indemnitee was, is or will be involved as a party, potential party, non-party witness or otherwise by reason of the fact that Indemnitee is or was a director or officer of the Company or by reason of any action taken by him (or a failure to take
      action by him) or of any action (or failure to act) on his part while acting pursuant to his Corporate Status, in each case whether or not serving in such capacity at the time any liability or Expense is incurred for which indemnification,
      reimbursement, or advancement of Expenses can be provided under this Agreement. If the Indemnitee believes in good faith that a given situation may lead to or culminate in the institution of a Proceeding, this shall be considered a Proceeding under
      this paragraph.

   

  (i)          Reference to “other enterprise” shall include employee benefit plans;
      references to “fines” shall include any excise tax assessed with respect to any employee benefit plan; references to “serving at the request of the Company” shall include any service as a director, officer, employee or agent of the Company which
      imposes duties on, or involves services by, such director, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted in good faith and in a manner he reasonably believed to be in
      the best interests of the participants and beneficiaries of an employee benefit plan shall be deemed to have acted in manner “not opposed to the best interests of the Company” as referred to in this Agreement. 

   

  3.           Indemnity in Third-Party Proceedings. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 3 if Indemnitee is, or is
      threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its favor. Pursuant to this Section 3, Indemnitee shall be indemnified to the fullest
      extent permitted by applicable law against all Expenses, judgments, fines and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines and
      amounts paid in settlement) actually and reasonably incurred by Indemnitee or on his behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he reasonably believed to be in or
      not opposed to the best interests of the Company and, in the case of a criminal Proceeding had no reasonable cause to believe that his conduct was unlawful. The parties hereto intend that this Agreement shall provide to the fullest extent permitted
      by applicable law for indemnification in excess of any indemnification provided by the Charter, the Bylaws, vote of its stockholders or disinterested directors or applicable law.

   

   

  
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  4.           Indemnity in Proceedings by or in the Right of the Company. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the
      Company to procure a judgment in its favor. Pursuant to this Section 4, Indemnitee shall be indemnified to the fullest extent permitted by applicable law against all Expenses actually and reasonably incurred by him or on his behalf in
      connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company. No indemnification for Expenses shall be
      made under this Section 4 in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that the Delaware Court (as hereinafter defined)
      or any court in which the Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification.

   

  5.           Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, to the fullest extent
      permitted by applicable law and to the extent that Indemnitee is a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company
      shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him 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 him or on his behalf in connection with or related to each successfully resolved claim, issue or matter
      to the fullest extent permitted by law. 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. 

   

  6.           Indemnification For Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the fullest extent permitted by applicable law and to the extent that Indemnitee is, by reason of his Corporate Status, a witness or otherwise asked to participate in any Proceeding
      to which Indemnitee is not a party, he shall be indemnified against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith.

   

  7.           Partial Indemnification. If
      Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of Expenses, but not, however, for the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion
      thereof to which Indemnitee is entitled.

   

  8.           Additional Indemnification. 

    

  

   

  (a)          Notwithstanding any limitation in Sections 3, 4, or 5, the Company shall indemnify Indemnitee to the fullest extent permitted by applicable law if Indemnitee
      is a party to or threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses, judgments, fines and amounts paid in settlement (including all
      interest, assessments and other charges paid or payable in connection with or in respect of such Expenses, judgments, fines and amounts paid in settlement) actually and reasonably incurred by Indemnitee in connection with the Proceeding. 

   

   

  
    5 

    
      
 

  

   

   

  (b)          For purposes of Section 8(a), the meaning of the phrase “to the fullest extent permitted by applicable law” shall include, but not be limited to:

   

  	
           

        	
          (i)

        	
          to the fullest extent permitted by the provision of the DGCL that authorizes
              or contemplates additional indemnification by agreement, or the corresponding provision of any amendment to or replacement of the DGCL, and 

        

   

  	
           

        	
          (ii)

        	
          to the fullest extent authorized or permitted by any amendments to or
              replacements of the DGCL adopted after the date of this Agreement that increase the extent to which a corporation may indemnify its officers and directors. 

        

   

  9.           Exclusions. Notwithstanding

        any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnification payment:

   

  (a)          in connection with any claim 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 (i) 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 Exchange Act or similar provisions of state statutory law or common law, 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); or

   

  (c)          except as provided in Section 14(d) of this Agreement, in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee (by complaint, counterclaim or otherwise), 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.

   

  (d)          to provide any indemnification or advancement of expenses that is
      prohibited by applicable law (as such law exists at the time payment would otherwise be required pursuant to this Agreement).

   

   

  
    6 

    
      
 

  

   

   

  10.          Advances of Expenses. Notwithstanding any provision of this Agreement to the contrary (other than Section 14(d)), the Company shall advance,
    to the extent not prohibited by law, the Expenses incurred by Indemnitee in connection with any Proceeding (or any part of any Proceeding) not initiated by Indemnitee, and such advancement shall be made within thirty (30) days after the receipt by the
    Company of a statement or statements requesting such advances from time to time, whether prior to or after final disposition of any Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitee’s ability
    to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the other provisions of this Agreement. In accordance with Section 14(d), advances shall include any and all reasonable Expenses incurred
    pursuing an action to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed (unless a court of competent jurisdiction determines that the assertions made by
    Indemnitee in such Proceeding or otherwise were not made in good faith or were frivolous). The Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement, which shall constitute an undertaking by the
    Indemnitee to repay the amounts advanced (without interest) to the extent that it is ultimately determined that Indemnitee is not entitled to be indemnified by the Company with respect to such applicable Proceeding or claim as to which the advancement
    of expenses was made. No other form of undertaking shall be required other than the execution of this Agreement. This Section 10 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 9.

   

  11.          Procedure for Notification and Defense of Claim.

   

  (a)          Indemnitee shall notify the Company in writing of any matter with respect
      to which Indemnitee intends to seek indemnification or advancement of Expenses hereunder as soon as reasonably practicable following the receipt by Indemnitee of written notice thereof. The written notification to the Company shall include a
      reasonable description of the nature of the Proceeding and the facts underlying the Proceeding, based upon the information available to the Indemnitee. 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 following the final
      disposition of such Proceeding, provided that documentation and information need not be so provided to the extent that the provision thereof would undermine or otherwise jeopardize attorney-client privilege. The omission by Indemnitee to notify the
      Company hereunder will not relieve the Company from any liability which it may have to Indemnitee hereunder or otherwise than under this Agreement unless (and then only to the extent) the Company’s ability to participate in the defense of such claim
      was materially and adversely affected by such failure, and any delay in so notifying the Company shall not constitute a waiver by Indemnitee of any rights under this Agreement. 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.

   

  (b)          In the event that the Company shall be obligated hereunder to provide
      indemnification for or make any advancement of Expenses with respect to any Proceeding, the Company shall be entitled to assume the defense of such Proceeding, or any claim, issue or matter therein, with counsel approved by Indemnitee (which approval
      shall not be unreasonably withheld or delayed) upon the delivery to Indemnitee of written notice of the Company’s 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 fees or expenses of separate counsel subsequently employed by or on behalf of Indemnitee with respect to the same Proceeding; provided that (i) Indemnitee shall have
      the right to employ separate counsel in any such Proceeding at Indemnitee’s expense and (ii) if (A) the employment of separate counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have reasonably concluded based
      on the advice of counsel that there may be a conflict of interest between the Company and Indemnitee in the conduct of such defense, or (C) the Company shall not continue to retain such counsel to defend such Proceeding, then the reasonable fees and
      expenses actually and reasonably incurred by Indemnitee with respect to his or her separate counsel shall be Expenses hereunder (but not for more than one law firm plus, if applicable, local counsel in respect of any such Proceeding).

   

   

  
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  (c)          In the event that the Company does not assume the defense in a Proceeding
      pursuant to Section 11(b) above, then the Company will be entitled to participate in the Proceeding at its own expense. 

   

  (d)          The Company shall not be liable to indemnify Indemnitee under this
      Agreement for any amounts paid in settlement of any Proceeding effected without its prior written consent (which consent shall not be unreasonably withheld or delayed). The Company shall not, without the prior written consent of Indemnitee (which
      consent shall not be unreasonably withheld or delayed), enter into any settlement which (i) includes an admission of fault of Indemnitee, any non-monetary remedy imposed on Indemnitee or any monetary damages for which Indemnitee is not wholly and
      actually indemnified hereunder or (ii) with respect to any Proceeding with respect to which Indemnitee may be or is made a party or may be otherwise entitled to seek indemnification hereunder, does not include the full release of Indemnitee from all
      liability in respect of such Proceeding.

   

  12.          Procedure Upon Application for Indemnification.

   

  (a)          Upon written request by Indemnitee for indemnification pursuant to Section

      11(a), a determination, if required by applicable law, with respect to Indemnitee’s entitlement thereto shall be made in the specific case: (i) if a Change in Control shall have occurred, by Independent
      Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee; or (ii) if a Change in Control shall not have occurred, (A) by a majority vote of the Disinterested Directors, even though less than a quorum of the Board,
      (B) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum of the Board, (C) if there are no such Disinterested Directors or, if such Disinterested Directors so direct,
      by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee or (D) if there are no Disinterested Directors and if so directed by the Board, by the stockholders of the Company; and, if it is so determined
      that Indemnitee is entitled to indemnification, payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee shall 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 costs or Expenses (including 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. The Company promptly will advise Indemnitee in writing with respect to
      any determination that Indemnitee is or is not entitled to indemnification, including a description of any reason or basis for which indemnification has been denied.

   

  (b)          In the event the determination of entitlement to indemnification is to be
      made by Independent Counsel pursuant to Section 12(a) hereof, the Independent Counsel shall be selected as provided in this Section 12(b). If a
      Change in Control shall not have occurred, the Independent Counsel shall be selected by the Board, and the Company shall give written notice to Indemnitee advising him of the identity of the Independent Counsel so selected. If a Change in Control
      shall have occurred, the Independent Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Board, in which event the preceding sentence shall apply), and Indemnitee shall give written notice to
      the Company advising it of the identity of the Independent Counsel so selected. In either event, Indemnitee or the Company, as the case may be, may, within ten (10) days after such written notice of selection shall have been given, deliver to the
      Company or to Indemnitee, as the case may be, 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 2 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 such written objection is so made and substantiated, the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or the Delaware Court has
      determined that such objection is without merit. If, within twenty (20) days after the later of submission by Indemnitee of a written request for indemnification pursuant to Section 11(a) hereof and
      the final disposition of the Proceeding, no Independent Counsel shall have been selected and not objected to, either the Company or Indemnitee may petition the Delaware Court for resolution of any objection which shall have been made by the Company
      or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent Counsel of a person selected by such court or by such other person as such 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 12(a) hereof. Upon the due commencement of any judicial proceeding or arbitration pursuant to Section

      14(a) of this Agreement, Independent Counsel shall be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing).

   

   

  
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  13.          Presumptions and Effect of Certain Proceedings.

   

  (a)          In making a determination with respect to entitlement to indemnification
      hereunder, the person or persons or entity making such determination shall, to the fullest extent not prohibited by law, presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for
      indemnification in accordance with Section 11(a) of this Agreement, and the Company shall, to the fullest extent not prohibited by law, have the burden of proof to overcome that presumption in
      connection with the making by any person, persons or entity of any determination contrary to that presumption. Neither the failure of the Company (including by its directors or Independent 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 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. 

   

  (b)          Subject to Section 14(e),
      if the person, persons or entity empowered or selected under Section 12 of this Agreement 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 not prohibited by 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 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 the determination with respect to entitlement to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation and/or
      information relating thereto; and provided, further, that the foregoing provisions of this Section 13(b) shall not apply (i) if the determination of entitlement to indemnification is to be made by
      the stockholders pursuant to Section 12(a) of this Agreement and if (A) within thirty (30) days after receipt by the Company of the request for such determination the Board has resolved to submit
      such determination to the stockholders for their consideration at an annual meeting thereof to be held within ninety (90) days after such receipt and such determination is made thereat, or (B) a special meeting of stockholders is called within thirty
      (30) 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, or (ii) if the determination of entitlement to
      indemnification is to be made by Independent Counsel pursuant to Section 12(a) of this Agreement.

   

   

  
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  (c)          The termination of any Proceeding or of any claim, issue or matter therein,
      by judgment, order, settlement or conviction, or upon a plea of guilty, 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 he or she 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 his or her conduct was unlawful. 

   

  (d)          For purposes of any determination of good faith, 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, including financial statements, or on information supplied to Indemnitee by the directors or 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 the reasonable care
      by the Enterprise. The provisions of this Section 13(d) shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed to have met the
      applicable standard of conduct set forth in this Agreement.

   

  (e)          The knowledge and/or actions, or failure to act, of any director, officer,
      trustee, partner, managing member, fiduciary, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. 

   

  14.          Remedies of Indemnitee.

   

  (a)          Subject to Section 14(e),
      in the event that (i) a determination is made pursuant to Section 12 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not
      timely made pursuant to Section 10 of this Agreement, (iii) no determination of entitlement to indemnification shall have been made pursuant to Section 12(a) of this Agreement within ninety (90) days after receipt by the Company of the request for indemnification or, in the case of a determination to be made by the stockholders of the Company, within the time period
      provided therefor in Section 13(b), (iv) payment of indemnification is not made pursuant to Section 5, 6 or 7 or the last sentence of Section 12(a) of this Agreement within ten (10) days after receipt by the Company of a written request therefor, (v) payment of
      indemnification pursuant to Section 3, 4 or 8 of this Agreement is not made within ten (10)
      days after a determination has been made that Indemnitee is entitled to indemnification, or (vi) in the event that 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 the Indemnitee hereunder, Indemnitee shall be entitled to an adjudication by a court of his
      entitlement to such indemnification or advancement of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration
      Association. Indemnitee shall commence such proceeding seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee first has the right to commence such proceeding pursuant to this Section 14(a); provided, however, that the foregoing clause shall not apply in respect of a proceeding brought by Indemnitee to enforce his rights under Section 5 or 6 of this Agreement. The Company shall not oppose Indemnitee’s right to seek any such adjudication or arbitration.

   

   

  
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  (b)          In the event that a determination shall have been made pursuant to Section

      12(a) of this Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 14
      shall be conducted in all respects as a de novo trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by reason of that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this Section

      14 the Company shall have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be. 

   

  (c)          If a determination shall have been made pursuant to Section
      12(a) of this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 14,
      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. 

   

  (d)          The Company shall, to the fullest extent not prohibited by law, be
      precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Section 14 that the procedures and presumptions of this Agreement are not valid, binding and enforceable
      and shall stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions of this Agreement. It is the intent of the Company that, to the fullest extent permitted by law, the Indemnitee not be required to
      incur legal fees or other Expenses associated with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement by litigation or otherwise (unless a court of competent jurisdiction determines that the assertions made by
      Indemnitee in such Proceeding or otherwise were not made in good faith or were frivolous) because the cost and expense thereof would substantially detract from the benefits intended to be extended to the Indemnitee hereunder. The Company shall, to
      the fullest extent permitted by law, indemnify Indemnitee against any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request therefor) advance, to the extent not prohibited by
      law, such Expenses to Indemnitee, which are 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 if, in the case of indemnification, Indemnitee is wholly successful on the underlying claims; if Indemnitee is not wholly successful on the underlying claims, then such indemnification shall be only to the
      extent Indemnitee is successful on such underlying claims or otherwise as permitted by applicable law (unless a court of competent jurisdiction determines that the assertions made by Indemnitee in such Proceeding or otherwise were not made in good
      faith or were frivolous), whichever is greater.

   

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

   

  15.          Non-exclusivity; Survival of Rights; Insurance; Subrogation. 

   

  (a)          The rights of indemnification and to receive advancement of Expenses 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 Charter, the Bylaws, any agreement, a vote of stockholders or a resolution of directors, 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 his Corporate Status prior
      to such amendment, alteration or repeal. To the extent that a change in Delaware law, whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would be afforded currently under the Charter, the Bylaws
      or 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. 

   

   

  
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  (b)          The Company currently has directors and officers liability insurance and
      will use all reasonable efforts to maintain such insurance coverage during the term of this Agreement, but if it is unable to do so, it will immediately notify Indemnitee of this fact. 

   

  (c)          To the extent that the Company maintains an insurance policy or policies
      providing liability insurance for directors, officers, employees, or agents of the Enterprise, 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 such
      director, officer, employee or agent 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 director and officer liability insurance in effect, the Company shall give prompt
      notice of such claim or of the commencement of a Proceeding, as the case may be, 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 the Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. The Company shall keep Indemnitee reasonably informed as to the status of all relevant insurance matters.
    

   

  (d)          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. 

   

  (e)          The Company shall not be liable under this Agreement to make any payment of
      amounts otherwise indemnifiable (or for which advancement is provided hereunder) hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

   

  (f)          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, trustee, partner, managing member, fiduciary, employee or agent of any other corporation, limited liability company, partnership, 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, limited liability company, partnership, joint venture, trust or other
      enterprise. 

   

  16.          Duration of Agreement. This Agreement shall continue until and terminate
      upon the later of: (a) ten (10) years after the date that Indemnitee shall have ceased to serve as a [officer] [director] [officer or director, whichever is later,] of the Company or (b) one (1) year after the final termination of any Proceeding then
      pending in respect of which Indemnitee has rights of indemnification or advancement of Expenses under this Agreement and of any proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement relating thereto. The indemnification and advancement of expenses rights provided by or granted pursuant to this Agreement shall be binding upon and be enforceable by the parties hereto and their respective
      successors and assigns (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), shall continue as to an Indemnitee who has ceased to be a
      director, officer, employee or agent of the Company or of any other Enterprise, and shall inure to the benefit of Indemnitee and his or her spouse, assigns, heirs, devisees, executors and administrators and other legal representatives.

   

   

  
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  17.          Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any
    reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or
    unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by law; (b) such provision or provisions shall be deemed reformed to
    the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement (including, without limitation, each portion of any Section
    of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested thereby.

   

  18.          Enforcement. 

   

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

   

  (b)          This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes and replaces all prior
    agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof, including any indemnification agreement previously entered into between the Company and the Indemnitee; provided, however,
    that this Agreement is a supplement to and in furtherance of the Certificate of Incorporation, the Bylaws and applicable law, and shall not be deemed a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder.

   

  19.          Modification and Waiver. No supplement, modification or amendment, or waiver of any provision, of this Agreement shall be
    binding unless executed in writing by the parties thereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement nor shall any waiver constitute a continuing waiver.
    No supplement, modification or amendment 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 prior to such supplement,
    modification or amendment.

   

  20.          Notice by Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with any summons,
    citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or advancement of Expenses covered hereunder. The failure of Indemnitee to so notify the Company shall
    not relieve the Company of any obligation which it may have to the Indemnitee under this Agreement or otherwise. 

   

   

  
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  21.          Notices. 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 and receipted for 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 and receipted for by the party to whom said notice or other communication shall have been directed or (d) sent by facsimile transmission, with receipt of confirmation that such transmission has been
    received:

   

  (a)          If to Indemnitee, at the address indicated on the signature page of this
      Agreement, or such other address as Indemnitee shall provide to the Company.

   

  (b)          If to the Company, to:

   

  Femasys Inc.

  3950 Johns Creek Court, Suite 100

  Suwanee, Georgia 30024

  Attn: Kathy Lee-Sepsick, President and Chief Executive Officer

   

  or to any other address as may have been furnished to Indemnitee by the Company. Either party may change his or its address for purposes of receiving notice under
    this Agreement by providing such address change by notice under this Section 21, which notice shall be effective as provided above in this Section 21.

   

  22.          Contribution. 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, 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, on the one hand, and Indemnitee, on the other hand, 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 other directors, officers,
    employees and agents), on the one hand, and Indemnitee, on the other hand, in connection with such event(s) and/or transaction(s).

   

  23.          Internal Revenue Code Section 409A. The Company intends for this Agreement to comply with the Indemnification exception
    under Section 1.409A-1(b)(10) of the regulations promulgated under the Internal Revenue Code of 1986, as amended (the “Code”), which provides that indemnification of, or the purchase of an insurance policy providing for payments of, all or part
    of the expenses incurred or damages paid or payable by Indemnitee with respect to a bona fide claim against Indemnitee or the Company do not provide for a deferral of compensation, subject to Section 409A of the Code, where such claim is based on
    actions or failures to act by Indemnitee in his or her capacity as a service provider of the Company. The parties intend that this Agreement be interpreted and construed with such intent.

   

   

  
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  24.          Applicable 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. Except with respect to any arbitration commenced by Indemnitee pursuant to Section 14(a) of this Agreement, 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, City of Wilmington, County of New Castle,
    Delaware 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.

   

  25.          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.

   

  26.          Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be
    deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement.

   

  27.          Miscellaneous. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun where appropriate. The
    headings 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. 

   

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

   

  	
           

        	
          FEMASYS INC.

        
	
           

        	
           

        	
           

        
	
           

        	
          By:

        	
           

        
	
           

        	
           

        	
          Name:

        
	
           

        	
           

        	
          Title:

        
	
           

        	
           

        	
           

        
	
           

        	
          INDEMNITEE

        
	
           

        	
           

        	
           

        
	 	Name:

   

  [Signature Page to Femasys Indemnification Agreement]

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