Common use of Continuation of Indemnification Clause in Contracts

Continuation of Indemnification. The indemnification under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director, officer, employee and/or agent of the Company and shall inure to the benefit of the heirs, executors, administrators and personal representatives of the Indemnitee. The Company acknowledges that, in providing services to it, the Indemnitee is relying on this Agreement. Accordingly, the Company agrees that its obligations hereunder will survive (i) any actual or purported termination of this Agreement by the Company or its successors or assigns whether by operation of law or otherwise, (ii) any change in the Certificate or Bylaws and (iii) termination of the Indemnitee’s services to the Company (whether such services were terminated by the Company or the Indemnitee), whether or not a claim is made or an action or Proceeding is threatened or commenced before or after the actual or purported termination of this Agreement, change in the Certificate or Bylaws or termination of the Indemnitee’s services.

Appears in 4 contracts

Samples: Form of Indemnification Agreement (National Medical Health Card Systems Inc), Indemnification Agreement (Southern China Livestock, Inc.), Indemnification Agreement (WhiteSmoke, Inc.)

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Continuation of Indemnification. The indemnification under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director, officer, employee and/or agent of the Company and shall inure to the benefit of the heirs, executors, administrators heirs and personal representatives of the Indemnitee. The Company acknowledges that, in providing services to it, the Indemnitee is relying on this Agreement. Accordingly, the Company agrees that its obligations hereunder will survive (i) any actual or purported termination of this Agreement by the Company or its successors or assigns whether by operation of law or otherwise, (ii) any change in the Certificate or Bylaws By-Laws and (iii) termination of the Indemnitee’s 's services to the Company (whether such services were terminated by the Company or the Indemnitee), whether or not a claim is made or an action or Proceeding is threatened or commenced before or after the actual or purported termination of this Agreement, change in the Certificate or Bylaws By-Laws or termination of the Indemnitee’s 's services.

Appears in 2 contracts

Samples: Indemnification Agreement (Regeneration Technologies Inc), Indemnification Agreement (Regeneration Technologies Inc)

Continuation of Indemnification. The indemnification under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director, officer, employee and/or agent officer or management of the Company and shall inure to Company, so long as, the benefit indemnification is for any Proceedings arising by reason of providing services as a director, officer or management of the heirs, executors, administrators and personal representatives of the IndemniteeCompany. The Company acknowledges that, in providing services to itthe Company, the Indemnitee is relying on this Agreement. Accordingly, the Company agrees that its obligations hereunder will shall survive (i) any actual or purported termination of this Agreement by the Company or its successors or assigns whether by operation of law or otherwise, (ii) any change in the Certificate Company’s certificate of incorporation or Bylaws by-laws, and (iii) termination of the Indemnitee’s services to the Company (whether such services were terminated by the Company or the Indemnitee), whether or not a claim is made or an action or Proceeding is threatened or commenced before or after the actual or purported termination of this Agreement, change in the Certificate certificate of incorporation or Bylaws by-laws or termination of the Indemnitee’s services.

Appears in 1 contract

Samples: Indemnification Agreement (Golfsmith International Holdings Inc)

Continuation of Indemnification. The indemnification under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director, officer, employee and/or agent of the Company and shall inure to the benefit of the heirs, executors, administrators and personal representatives of the Indemnitee. The Company acknowledges that, in providing services to it, the Indemnitee is relying on this Agreement. Accordingly, the Company agrees that its obligations hereunder will survive (i) any actual or purported termination of this Agreement by the Company or its successors or assigns whether by operation of law or otherwise, (ii) any change in the Certificate or Bylaws and (iii) termination of the Indemnitee’s 's services to the Company (whether such services were terminated by the Company or the Indemnitee), whether or not a claim is made or an action or Proceeding is threatened or commenced before or after the actual or purported termination of this Agreement, change in the Certificate or Bylaws or termination of the Indemnitee’s 's services.

Appears in 1 contract

Samples: Indemnification Agreement (SentiSearch, Inc.)

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Continuation of Indemnification. The indemnification under this Agreement shall continue as to the Indemnitee even though he or she may have ceased to be a director, officer, employee and/or agent director or officer of the Company and shall inure to the benefit of the heirs, executors, administrators heirs and personal representatives of the Indemnitee. The Company acknowledges that, in providing services to itthe Company, the Indemnitee is relying on upon this Agreement. Accordingly, the Company agrees that its obligations hereunder will survive (i) any actual or purported termination of this Agreement by the Company or its successors or assigns whether by operation of law or otherwise, (ii) any change in the Company’s Certificate or Bylaws and (iii) termination of the Indemnitee’s services to the Company (whether such services were terminated by the Company or the Indemnitee), whether or not a claim is made or an action or Proceeding is threatened or commenced before or after the actual or purported termination of this Agreement, change in the Certificate or Bylaws By-Laws or termination of the Indemnitee’s services.

Appears in 1 contract

Samples: Indemnification Agreement (Rotech Healthcare Inc)

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