Change in Law. To the extent that a change in applicable law (whether by statute or judicial decision) shall mandate broader or narrower indemnification than is provided hereunder, the Independent Director shall be subject to such broader or narrower indemnification and this Agreement shall be deemed to be amended to such extent.
Appears in 128 contracts
Sources: Independent Director Agreement (Tino Group LTD), Independent Director Agreement (Star Integratia LTD), Independent Director Agreement (Chromarie International LTD)
Change in Law. To the extent that a change in applicable law (whether by statute or judicial decision) shall mandate broader or narrower indemnification than is provided hereunder, the Independent Director shall be subject to such broader or narrower indemnification and this Agreement shall be deemed to be amended to such extent.
Appears in 9 contracts
Sources: Director Agreement (FAB Universal Corp.), Director Agreement (Geltology Inc), Director Agreement (Geltology Inc)
Change in Law. To the extent that a change in applicable law (whether by statute or judicial decision) shall mandate broader or narrower indemnification than is provided hereunder, the Independent Director shall be subject to such broader or narrower indemnification and this Agreement shall be deemed to be amended to such extent.
Appears in 5 contracts
Sources: Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc)
Change in Law. To the extent that a change in applicable law (whether by statute or judicial decision) shall mandate broader or narrower indemnification than is provided hereunder, the Independent Director shall be subject to such broader or narrower indemnification and this Agreement shall be deemed to be amended to such extent. 19.
Appears in 2 contracts
Sources: Independent Director Agreement, Independent Director Agreement