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 97 contracts
Samples: Independent Director Agreement (Pyro AI Inc.), Independent Director Agreement (Orangekloud Technology Inc.), Independent Director Agreement (E I L Holdings 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
Samples: 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
Samples: 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