Common use of Binding Effect; Duration and Scope of Agreement Clause in Contracts

Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee continues to serve as a director or as an officer.

Appears in 6 contracts

Samples: Form of Indemnification Agreement (Symmetricom Inc), Indemnity Agreement (Vical Inc), Indemnity Agreement (Biosite Inc)

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Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee continues to serve as a director or as an officerofficer of the Corporation or any subsidiary of the Corporation.

Appears in 2 contracts

Samples: Indemnity Agreement (Wd 40 Co), Indemnity Agreement (Wd 40 Co)

Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee Officer continues to serve as a director an officer or as an officerOfficer.

Appears in 1 contract

Samples: Indemnity Agreement (Centra Software Inc)

Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee Director continues to serve as a director an officer or as an officerdirector.

Appears in 1 contract

Samples: Indemnity Agreement (Centra Software Inc)

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Binding Effect; Duration and Scope of Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor successor, by purchase, merger, consolidation or otherwise otherwise, to all or substantially all of the business or assets of the Corporation), spouses, heirs and personal and legal representatives. This Agreement shall continue in effect during the Indemnification Period, regardless of whether Indemnitee continues to serve as a director or as an officerdirector.

Appears in 1 contract

Samples: Indemnification Agreement (Color Imaging Inc)

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