EX-10.3
EX-10.3
Exhibit 10.3
INDEMNIFICATION AGREEMENT
THIS INDEMNIFICATION AGREEMENT (the “Agreement”), dated as of [date], is by and between Neucleus Group Limited , an exempted company incorporated in the Cayman Islands with limited liability (the “Company”), and [name], a member of the Company’s board of director (the “Board”) (the “Indemnitee”).
RECITAL
WHEREAS, highly competent persons have become more reluctant to serve corporations as directors or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation;
WHEREAS, the amended and restated memorandum and articles of association (the “Memorandum and Articles”) of the Company require indemnification of the officers and directors of the Company and the Indemnitee may also be entitled to indemnification pursuant to the Companies Act (As Revised) of the Cayman Islands (the “Act”);
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