Common use of Continuation of Indemnification Clause in Contracts

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 15 contracts

Samples: Agreement and Plan of Merger (SVF Investment Corp. 3), Registration Rights Agreement (Golden Arrow Merger Corp.), Merger Agreement (Fifth Wall Acquisition Corp. I)

AutoNDA by SimpleDocs

Continuation of Indemnification. The Subject to the terms of any provision of the Certificate or agreement between the Corporation and any director, officer, employee or agent respecting indemnification and advancement of expenses, the rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX shall continue notwithstanding that the person Person has ceased to be a director director, officer, employee or officer agent of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such personPerson.

Appears in 7 contracts

Samples: Tax Receivable Agreement (FAST Acquisition Corp. II), Agreement and Plan of Merger (Dune Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses Expenses provided by, or granted pursuant to, this Article IX VI shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Kythera Biopharmaceuticals Inc), Agreement and Plan of Merger (Kythera Biopharmaceuticals Inc), Agreement and Plan of Merger (Allergan PLC)

Continuation of Indemnification. The rights to indemnification and to prepayment advancement of expenses provided by, or granted pursuant to, this Article IX VI shall continue notwithstanding that the person as to a Person who has ceased to be a director Director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such personPerson.

Appears in 2 contracts

Samples: Joinder Agreement (Ascendant Digital Acquisition Corp.), Joinder Agreement (Foresight Acquisition Corp.)

Continuation of Indemnification. The rights to indemnification and to prepayment advancement of expenses provided by, or granted pursuant to, this Article IX X shall continue continue, notwithstanding that the person has ceased to be a director or officer of the Corporation an indemnitee and shall inure to the benefit of the his or her estate, heirs, executorsexecutors and administrators; provided, administratorshowever, legatees and distributees that the Corporation shall indemnify any such person seeking indemnity in connection with a proceeding (or part thereof) initiated by such person only if such proceeding (or part thereof) was authorized by the Board of such personDirectors.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Vestis Corp), Separation and Distribution Agreement (Aramark)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX IX- shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 2 contracts

Samples: Subscription Agreement (Good Works Acquisition Corp.), Agreement and Plan of Merger (Desktop Metal, Inc.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX shall continue notwithstanding that the person Person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such personPerson.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Nesco Holdings, Inc.), Agreement and Plan of Merger (Conyers Park II Acquisition Corp.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX XV shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Complete Genomics Inc), Agreement and Plan of Merger (Complete Genomics Inc)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX VI shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Spectranetics Corp), Agreement and Plan of Merger (Leaf Group Ltd.)

AutoNDA by SimpleDocs

Continuation of Indemnification. The rights to indemnification and to prepayment advancement of expenses provided by, or granted pursuant to, this Article IX VI shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation Covered Person and shall inure to the benefit of the his or her estate, heirs, executors, administrators, legatees and distributees distributees; provided, however, that the Corporation shall indemnify any such person seeking indemnity in connection with a Proceeding (or part thereof) initiated by such person only if such Proceeding (or part thereof) was authorized by the Board of such personDirectors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arconic Inc.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX X shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 1 contract

Samples: Registration Rights Agreement (Locust Walk Acquisition Corp.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX V shall continue notwithstanding that the person has ceased to be a director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gannett Co., Inc.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX shall continue notwithstanding that the person has ceased to be a director Director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees of such person.

Appears in 1 contract

Samples: Registration Rights Agreement (Inflection Point Acquisition Corp.)

Continuation of Indemnification. The rights to indemnification and to prepayment of expenses provided by, or granted pursuant to, this Article IX shall continue notwithstanding that the person has ceased to be a director Director or officer of the Corporation and shall inure to the benefit of the estate, heirs, executors, administrators, legatees and distributees distributes of such person.

Appears in 1 contract

Samples: Business Combination Agreement (Learn CW Investment Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.