Common use of Agreement to Serve Clause in Contracts

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 8 contracts

Samples: Form of Indemnification Agreement (Echo Global Logistics, Inc.), Indemnification Agreement (Heritage Insurance Holdings, LLC), Indemnification Agreement (CPI Card Group Inc.)

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Agreement to Serve. In consideration of the protection afforded by ------------------ this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to or shall create in Indemnitee any right to continued employment.

Appears in 5 contracts

Samples: Indemnification Agreement (Numerical Technologies Inc), Indemnification Agreement (Linuxcare Inc), Indemnification Agreement (2bridge)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 4 contracts

Samples: Indemnification Agreement (Argonaut Technologies Inc), Indemnification Agreement (Tripath Technology Inc), Indemnification Agreement (Triton Network Systems Inc)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. If Indemnitee is an officer of the Company or any subsidiary of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company or such subsidiary of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company or any subsidiary of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or such subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 3 contracts

Samples: Form of Indemnification Agreement (Rubicon Technology, Inc.), Form of Indemnification Agreement (Rubicon Technology, Inc.), Form of Indemnification Agreement (Kanbay International Inc)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. If Indemnitee is an officer or employee of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the Company. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 2 contracts

Samples: Form of Indemnification Agreement (PetIQ, Inc.), Indemnification Agreement (Pacific Sports Exchange Inc.)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws By-Laws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 2 contracts

Samples: Indemnification Agreement (Digitalwork Com Inc), Directorship Indemnification Agreement (Quotesmith Com Inc)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the CompanyCorporation, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company corporation not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company Corporation and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to serve or continue to serve in such capacity as a director or officer of the Corporation to the best of his or her abilities at the will of the Company (Corporation or under separate agreementcontract, if such agreement contract exists) , for so long as he or she Indemnitee is duly elected or appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Hemacare Corp /Ca/)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Company's Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Company's Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employmentemployment with the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Bioxide Corp)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the CompanyCorporation, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company corporation not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company Corporation and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to serve or continue to serve in such capacity as a director or officer of the Corporation to the best of his or her abilities at the will of the Company (Corporation or under separate agreementcontract, if such agreement contract exists) , for so long as he or she Indem-xxxxx is duly elected or appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Hemacare Corp /Ca/)

Agreement to Serve. In consideration of the protection afforded by ------------------ this Agreement, if Indemnitee is a director of the Company, Company he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Usweb Corp)

Agreement to Serve. In consideration of the protection afforded by this ------------------ Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Centillium Communications Inc)

Agreement to Serve. In consideration of the protection afforded ------------------ by this Agreement, if Indemnitee is a director of the CompanyCorporation, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company corporation not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company Corporation and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to serve or continue to serve in such capacity as a director or officer of the Corporation to the best of his or her abilities at the will of the Company (Corporation or under separate agreementcontract, if such agreement contract exists) , for so long as he or she Indemnitee is duly elected or appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (United Panam Financial Corp)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the CompanyCorporation, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company Corporation not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company Corporation and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to serve or continue to serve in such capacity as a director or officer of the Corporation to the best of his or her abilities at the will of the Company (Corporation or under separate agreementcontract, if such agreement contract exists) , for so long as he or she Indemnitee is duly elected or appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Sport Chalet Inc)

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Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, Company he or she agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Accelgraphics Inc)

Agreement to Serve. In consideration of the protection afforded by ------------------ this Agreement, if Indemnitee is a director of the Company, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she Indemnitee tenders his or her Indemnitee's resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Trylon Corp)

Agreement to Serve. In consideration of the protection afforded ------------------ by this Agreement, if Indemnitee is a director of the Company, Company he or she agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Ramp Networks Inc)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she Company Indemnitee agrees to serve at least for the six months 90 days after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance 90 days after the effective date of the current fiscal year of the Company this Agreement and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Company’s Bylaws or any subsidiary of the Company or until such time as he or she Indemnitee tenders his or her Indemnitee’s resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued service or employment.

Appears in 1 contract

Samples: Indemnification Agreement (Homeaway Inc)

Agreement to Serve. In consideration of the protection afforded by ------------------ this Agreement, if Indemnitee is a director of the Company, he or she agrees to serve at least for the six months after the effective date of this Agreement as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Modem Media Poppe Tyson Inc)

Agreement to Serve. In consideration of the protection afforded by ------------------ this Agreement, if Indemnitee is a director of the Company, Company he or she agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws Articles of Association of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Salix Holdings LTD)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the Company, he or she Company then Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company not serving under an employment contract, he or she then Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to continue to serve in such capacity at the will of the Company (or under separate agreement, if such agreement exists) so long as he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or any subsidiary of the Company or until such time as he or she tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Employment Agreement (Conceptus Inc)

Agreement to Serve. In consideration of the protection afforded by this Agreement, if Indemnitee is a director of the CompanyCorporation, he or she Indemnitee agrees to serve at least for the six months after balance of the effective date of this Agreement current term as a director and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. If Indemnitee is an officer of the Company corporation not serving under an employment contract, he or she Indemnitee agrees to serve in such capacity at least for the balance of the current fiscal year of the Company Corporation and not to resign voluntarily during such period without the written consent of a majority of the Board of Directors of the CompanyDirectors. Following the applicable period set forth above, Indemnitee agrees to serve or continue to serve in such capacity as a director or officer of the Corporation to the best of his or her abilities at the will of the Company (Corporation or under separate agreementcontract, if such agreement contract exists) , for so long as he or she Indem­nitee is duly elected or appointed or elected and qualified in accordance with the applicable provisions of the Bylaws of the Company or until such time as he or she Indemnitee tenders his or her resignation in writing. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employment.

Appears in 1 contract

Samples: Indemnification Agreement (Hemacare Corp /Ca/)

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