EX-10.3
BOXABL Inc.
DIRECTOR AND OFFICER INDEMNIFICATION AGREEMENT
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This Director and Officer Indemnification Agreement, dated as of [●], 2026, is made by BOXABL Inc., a Texas corporation (the “Company”), for the benefit of [DIRECTOR/OFFICER] (the “Indemnitee”).
RECITALS
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WHEREAS, highly competent persons have become more reluctant to serve corporations as directors or officers 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 Board of Directors of the Company (the “Board”) have determined that, in order to attract and retain qualified individuals to serve as officers and members of the Board, the Company should act to assure such persons that there will be adequate protection through adequate indemnification against inordinate risks of claims and actions against them arising out of their service on behalf of the Company;
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