INDEMNIFICATION AGREEMENTIndemnification Agreement • March 11th, 2024 • Focus Impact Acquisition Corp. • Investors, nec • Alberta
Contract Type FiledMarch 11th, 2024 Company Industry JurisdictionWHEREAS Section 124(1) of the Business Corporations Act (Alberta) (the “Act”), under which the Corporation is incorporated, provides that a corporation may indemnify a director or officer of the corporation, a former director or officer of the corporation or a person who acts or acted at the corporation’s request as a director or officer of another entity, against all Costs, Charges and Expenses (as defined below), including an amount paid to settle an action or satisfy a judgement, reasonably incurred by them in respect of any civil, criminal, administrative, investigative or other proceeding to which they are involved by reason of being or having been a director or officer of that corporation or other entity, if (a) they acted honestly and in good faith with a view to the best interests of the corporation, or as the case may be, to the best interests of the other entity for which they acted as a director or officer at the corporation’s request; and (b) in the case of a criminal or ad