KAIVAL BRANDS INNOVATIONS GROUP, INC AMENDED AND RESTATED BOARD OF DIRECTORS AGREEMENTBoard of Directors Agreement • April 25th, 2024 • Kaival Brands Innovations Group, Inc. • Retail-nonstore retailers
The Company and Indemnitee agree that it would not be just and equitable if contribution pursuant to this Section 1(c) were determined by pro rata or per capita allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. In connection with losses, claims, damages, expenses or liabilities resulting from the registration of the Company’s securities, in no event shall Indemnitee be required to contribute any amount under this Section 1(c) in excess of the lesser of (i) that proportion of the total of such losses,
AMENDED AND RESTATED BOARD OF DIRECTORS AGREEMENTBoard of Directors Agreement • April 25th, 2024 • Kaival Brands Innovations Group, Inc. • Retail-nonstore retailers
NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee hereby agree as follows:
