Common use of Action by Company Clause in Contracts

Action by Company. Except following a Change of Control, the requirements for advancement of Expenses will not apply to a Claim brought by the Company and approved by a majority of its Board of Directors.

Appears in 3 contracts

Samples: Indemnification Agreement (ChromaDex Corp.), Indemnification Agreement (Learning Tree International Inc), Indemnification Agreement (ChromaDex Corp.)

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Action by Company. Except following a Change of Control, the requirements for advancement of Expenses will not apply to a Claim against You brought by the Company and approved by a majority of its Board of Directors.

Appears in 3 contracts

Samples: Employment Agreement (Mandalay Digital Group, Inc.), Employment Agreement (Mandalay Digital Group, Inc.), Employment Agreement (Digital Turbine, Inc.)

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Action by Company. Except following a Change of Control, the requirements for advancement of Expenses will not apply to a Claim against you brought by the Company and approved by a majority of its Board of Directors.

Appears in 1 contract

Samples: Indemnification Agreement (Mandalay Digital Group, Inc.)

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