Nakamoto Inc. Approves Revised D&O Indemnification Agreement

Key Highlights

• Nakamoto Inc. approved a revised director and officer indemnification agreement on May 4, 2026.
• The new agreement supersedes the company's previous form of indemnification agreement.
• It updates and supplements existing indemnification rights and obligations under Delaware law.
• The company will indemnify Indemnitees against losses and expenses, including attorneys' fees, for proceedings related to their service.
• Expenses will be advanced within 30 days of request, with repayment only if not entitled to indemnification by final judicial decision.
• The agreement includes a presumption of entitlement to indemnification and advancement of expenses.
• It commits the company to use reasonable best efforts to maintain directors' and officers' liability insurance.
• Customary limitations apply, including for clawbacks, Section 16(b) disgorgement, and knowing fraud or willful misconduct.