Common use of Other Enterprises Clause in Contracts

Other Enterprises. References to “other enterprises” shall include employee benefit plans; references to “fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to “serving at the request of the Company” shall include any service as a director, officer, employee, agent or fiduciary of the Company which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or its beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement.

Appears in 4 contracts

Samples: Indemnification Agreement (Bonds.com Group, Inc.), Indemnification Agreement (Bonds.com Group, Inc.), Indemnification Agreement (Trailer Bridge Inc)

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Other Enterprises. References For purposes of this Agreement, references to "other enterprises" shall include employee benefit plans; references to "fines" shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to "serving at the request of the Company" shall include any service as a director, officer, employee, employee or agent or fiduciary of the Company which imposes duties on, or involves services by, such director, officer, employee, employee or agent or fiduciary with respect to an employee benefit plan, its participants participants, or its beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner "not opposed to the best interests of the Company" as referred to in this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (AVX Corp), Indemnification Agreement (Avx Corp)

Other Enterprises. References to "other enterprises” shall " include employee ----------------- benefit plans; references to "fines” shall " include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to "serving at the request of the Company” shall OSI" include any service as a director, officer, employee, agent or fiduciary of the Company OSI which imposes duties on, or involves services by, such the director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or its beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall will be deemed to have acted in a manner "not opposed to the best interests of the Company” as referred to in OSI" under this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (Objective Systems Integrators Inc), Indemnification Agreement (Objective Systems Integrators Inc)

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Other Enterprises. References For purposes of this Agreement, references to “other enterprises” shall include employee benefit plans; references to “fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to “serving at the request of the Company” shall include any service as a director, officer, employee, employee or agent or fiduciary of the Company which imposes duties on, or involves services by, such director, officer, employee, employee or agent or fiduciary with respect to an employee benefit plan, its participants participants, or its beneficiaries; and if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement.

Appears in 2 contracts

Samples: Indemnification Agreement (MYnd Analytics, Inc.), Form of Indemnification Agreement (Telik Inc)

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