Common use of Consent to Settlement Clause in Contracts

Consent to Settlement. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereof, the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim effected without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemnitee’s written consent. Neither the Company nor Indemnitee will unreasonably withhold or delay their consent to any proposed settlement.

Appears in 4 contracts

Samples: Form of Indemnification Agreement (Leidos, Inc.), Indemnification Agreement (SAIC, Inc.), Indemnification Agreement (Science Applications International Corp)

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Consent to Settlement. With respect Neither the Company nor the Indemnitee will unreasonably withhold its consent to any such Claim as to which Indemnitee notifies the Company of the commencement thereof, the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim effected without its written consentproposed settlement. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on the Indemnitee without the Indemnitee’s 's written consent. Neither the Company nor Indemnitee will unreasonably withhold or delay their consent to any proposed settlement.

Appears in 2 contracts

Samples: Director Indemnification Agreement (Metal Management Inc), Director Indemnification Agreement (Metal Management Inc)

Consent to Settlement. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereofUnless and until a Change in Control has occurred, the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim effected Proceeding made without the Company's written consent signed by its written consentPresident. The Company shall not settle any action or claim Proceeding in any manner which that would impose any penalty or limitation on Indemnitee or involve an admission of illegal conduct without Indemnitee’s 's written consent. Neither the Company nor Indemnitee will unreasonably withhold or delay their consent to any proposed settlement.

Appears in 1 contract

Samples: Indemnification Agreement (Spartan Motors Inc)

Consent to Settlement. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereof, the The Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim Proceeding effected without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemniteethe Company’s written consent. Neither , which consent shall not be unreasonably withheld, or for any judicial award if the Company nor Indemnitee will unreasonably withhold or delay their consent was not given a reasonable and timely opportunity, at its expense, to any proposed settlementparticipate in the defense of such Proceeding in accordance with Section 14 above.

Appears in 1 contract

Samples: Indemnification Agreement (Williams Companies Inc)

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Consent to Settlement. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereof, the The Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim Proceeding effected without its written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemniteethe Company’s written consent. Neither , which consent shall not be unreasonably withheld, or for any judicial award if the Company nor Indemnitee will unreasonably withhold or delay their consent was not given a reasonable and timely opportunity, at its expense, to any proposed settlementparticipate in the defense of such Proceeding in accordance with Section 13 above.

Appears in 1 contract

Samples: Indemnification Agreement (Apco Oil & Gas International Inc)

Consent to Settlement. With respect to any such Claim as to which Indemnitee notifies the Company of the commencement thereof, the Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in settlement of any action or claim effected without its the Company’s written consent. The Company shall not settle any action or claim in any manner which would impose any penalty or limitation on Indemnitee without Indemnitee’s written consent. Neither the Company nor Indemnitee will unreasonably withhold withhold, condition or delay their consent to any proposed settlement.

Appears in 1 contract

Samples: Form of Indemnification Agreement (SAIC Gemini, Inc.)

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