Common use of Continuation of Indemnification and Advancement of Expenses Clause in Contracts

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Iec Electronics Corp), License Agreement (Abpro Corp), Loan Modification Agreement (Imprivata Inc)

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Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (SomaLogic, Inc.), Agreement and Plan of Merger (Applied Genetic Technologies Corp), Agreement and Plan of Merger (Arsanis, Inc.)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, by or granted pursuant to, this Article V IX shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Altair Engineering Inc.), Agreement and Plan of Merger (Datawatch Corp)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V 10 shall continue as to a person Person who has ceased to be a directorManager, officer, employee employee, controlling person or agent and shall inure to the benefit of the heirs, executors executors, administrators and administrators successors of such a personPerson.

Appears in 1 contract

Samples: Operating Agreement (Xethanol Corp)

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Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall VII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Raindance Communications Inc)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V 14 shall continue as to a person who has ceased to be a director, officer, officer employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 1 contract

Samples: Investment Agreement (Groundwater Technology Inc)

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