SEC Filing Document

Company: Jones Ventures INTL Acquisition1 Corp
Ticker: 
CIK: 2129056
Filing Type: S-1
Document Type: EX-1.1
Date Filed: 2026-05-15
Accession Number: 0001213900-26-057072
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2129056/000121390026057072/ea028579202ex1-1.htm

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and all loss, liability, claim, damage and expense, as incurred, arising out of or based upon the QIU’s acting as a “qualified independent underwriter” (within the meaning of FINRA Rule 5121) in connection with the Offering contemplated by this Agreement, and agrees to reimburse each such indemnified person for any legal or other expense reasonably incurred by them in connection with investigating, defending, settling, compromising or paying any such loss, claim, damage, liability, expense or action; provided, however, that the Company shall not be liable in any such case to the extent that any such loss, claim, damage, liability or expense results from the gross negligence or willful misconduct of the QIU. Notwithstanding the indemnification set forth in this Section 5.1.5, Odeon will undertake liability under Section 11 of the Exchange Act for acting as a qualified independent underwriter in connection with this Offering in compliance with FINRA Rule 5121(f)(12)(C).

Contribution. In order to provide for just and equitable contribution in circumstances in which the indemnification provided for
in the foregoing paragraphs of Section 5.1 is applicable in accordance with its terms but for any reason is held to be unavailable
or insufficient from the Company or the Underwriters, the Company and the Underwriters will contribute to the total losses, claims, liabilities,
expenses and damages (including any investigative, legal and other expenses reasonably incurred in connection with, and any amount paid
in settlement of, any action, suit or proceeding or any claim asserted) to which any indemnified party may be subject in such proportion
as shall be appropriate to reflect the relative benefits received by the Company on the one hand and the Underwriters on the other hand.
The relative benefits received by the Company on the one hand and the Underwriters on the other hand shall be deemed to be in the same
proportion as the total net proceeds from the sale of the Public Securities (before deducting expenses) received by the Company bear
to the total compensation received by the Underwriters (before deducting expenses) from the sale of the Units on behalf of the Company.
If, but only if, the allocation provided by the foregoing sentence is not permitted by applicable law, the allocation of contribution
shall be made in such proportion as is appropriate to reflect not only the relative benefits referred to in the foregoing sentence but
also the relative fault of the Company, on the one hand, and the Underwriters, on the other hand, with respect to the statements or omissions
that resulted in such loss, claim, liability, expense or damage, or action in respect thereof, as well as any other relevant equitable
considerations with respect to such offering. Such relative fault shall be determined by reference to, among other things, whether the
untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information
supplied by the Company or the Underwriters, the intent of the parties and their relative knowledge, access to information and opportunity
to correct or prevent such statement or omission. The Company and the Underwriters agree that it would not be just and equitable if contributions
pursuant to this Section 5.2 were to be determined by pro rata allocation or by any other method of allocation that does not take
into account the equitable considerations referred to herein. The amount paid or payable by an indemnified party as a result of the loss,
claim, liability, expense or damage, or action in respect thereof, referred to above in this Section 5.2 shall be deemed to include,
for the purpose of this Section 5.2, any legal or other expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim to the extent consistent with Section 5.1.3. Notwithstanding the foregoing
provisions of Section 5.1 and this Section 5.2, each Underwriter shall not be required to contribute any amount in excess of the commissions
actually received by it under this Agreement and no person found guilty of fraudulent misrepresentation (within the meaning of Section
11(f) of the Act) will be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes
of this Section 5.2, any person who controls a party to this Agreement within the meaning of the Act, any affiliates of the respective
Underwriters and any officers, directors, partners, employees or agents of the Underwriters or their respective affiliates, will have
the same rights to contribution as that party, and each director of the Company and each officer of the Company who signed the Registration
Statement will have the same rights to contribution as the Company, subject in each case to the provisions hereof. Any party entitled
to contribution, promptly after receipt of notice of commencement of any action against such party in respect of which a claim for contribution
may be made under this Section 5.2, will notify any such party or parties from whom contribution may be sought, but the omission
to so notify will not relieve that party or parties from whom contribution may be sought from any other obligation it or they may have
under this Section 5.2 except to the extent that the failure to so notify such other party materially prejudiced the substantive
rights or defenses of the party from whom contribution is sought. Except for a settlement entered into pursuant to the last sentence
of Section 5.1.3, no party will be liable for contribution with respect to any action or claim settled without its written consent
if such consent is required pursuant to Section 5.1.3.

Default by an Underwriter.

Default Not Exceeding 10% of Firm Units. If any Underwriter or Underwriters shall default in its or their obligations to purchase
the Firm Units and if the number of the Firm Units with respect to which such default relates does not exceed in the aggregate 10% of
the number of Firm Units that all Underwriters have agreed to purchase hereunder, then such Firm Units to which the default relates shall
be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.

Default Exceeding 10% of Firm Units. In the event that the default addressed in Section 6.1 above relates to more than
10% of the Firm Units, the Representative may, in its discretion, arrange for them or for another party or parties satisfactory to the
Company to purchase such Firm Units to which such default relates on the terms contained herein. If within one (1) Business Day after
such default relating to more than 10% of the Firm Units the Representative does not arrange for the purchase of such Firm Units, then
the Company shall be entitled to a further period of one (1) Business Day within which to procure another party or parties satisfactory
to the Representative to purchase said Firm Units on such terms. In the event that neither the Representative nor the Company arrange
for the purchase of the Firm Units to which a default relates as provided in this Section 6, this Agreement may be terminated
by the Representative or the Company without liability on the part of the Company (except as provided in Sections 3.10, 5,
and 9.3 hereof) or the several Underwriters (except as provided in Section 5 hereof); provided that nothing herein shall
relieve a defaulting Underwriter of its liability, if any, to the other several Underwriters and to the Company for damages occasioned
by its default hereunder.

Postponement of Closing Date. In the event that the Firm Units to which the default relates are to be purchased by the non-defaulting
Underwriters, or are to be purchased by another party or parties as aforesaid, the Representative or the Company shall have the right
to postpone the Closing Date for a reasonable period, but not in any event exceeding five (5) Business Days, in order to effect whatever
changes may thereby be made necessary in the Registration Statement and/or the Prospectus, as the case may be, or in any other documents
and arrangements, and the Company agrees to file promptly any amendment to, or to supplement, the Registration Statement and/or the Prospectus,
as the case may be, that in the reasonable opinion of counsel for the Underwriters may thereby be made necessary. The term “Underwriter”
as used in this Agreement shall include any party substituted under this Section 6 with like effect as if it had originally been
a party to this Agreement with respect to such securities.

Additional Covenants.

Additional Shares or Options. The Company hereby agrees that, until the consummation of a Business Combination, it shall not issue
any Ordinary Shares or any options or other securities convertible into Ordinary Shares, or any preferred shares or other securities
of the Company that participate in any manner in the Trust Account or that vote as a class with the Ordinary Shares on a Business Combination.