Common use of Director Indemnification Clause in Contracts

Director Indemnification. To the maximum extent permitted by the Law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its Directors and shall comply with the terms of the Indemnification Agreements, and at the request of any Director who is not a party to an Indemnification Agreement, shall enter into an indemnification agreement with such director in similar form to the Indemnification Agreements.

Appears in 2 contracts

Samples: Sixth Amended and Restated Shareholders Agreement (Cloopen Group Holding LTD), Sixth Amended and Restated Shareholders Agreement (Cloopen Group Holding LTD)

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Director Indemnification. To the maximum extent permitted by the Law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its Directors and shall comply with the terms of the Indemnification Agreementsindemnification agreements, and at the request of any Director who is not a party to an Indemnification Agreementindemnification agreement, shall enter into an indemnification agreement with such director in similar form to the Indemnification Agreementsindemnification agreements.

Appears in 2 contracts

Samples: Sixth Amended and Restated Shareholders Agreement (Dada Nexus LTD), Shareholders Agreement (Dada Nexus LTD)

Director Indemnification. To the maximum extent permitted by the Law Laws of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its Directors Investor Director and shall comply with the terms of the respective director indemnification agreement (the “Indemnification AgreementsAgreement”), and at the request of any Investor Director who is not a party to an Indemnification Agreement, shall enter into an director indemnification agreement with such director Investor Director in similar form to the Indemnification AgreementsAgreement.

Appears in 2 contracts

Samples: Third Amended and Restated Shareholders Agreement (LAIX Inc.), Third Amended and Restated Shareholders Agreement (LingoChamp Inc.)

Director Indemnification. To the maximum extent permitted by the Law Laws of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its Directors and shall comply Investor Director in accordance with the terms of director indemnification agreement entered into between the Company and such Investor Director (“Indemnification AgreementsAgreement”), and at the request of any Investor Director who is not a party to an Indemnification Agreement, shall enter into an indemnification agreement Indemnification Agreement with such director Investor Director in similar form to the Indemnification AgreementsAgreement.

Appears in 1 contract

Samples: Amended and Restated Shareholders Agreement (Agora, Inc.)

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Director Indemnification. To the maximum extent permitted by the Law law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its Directors directors and shall comply with the terms of the Director Indemnification Agreements, and at the request of any Director director who is not a party to an a Director Indemnification Agreement, shall enter into an indemnification agreement with such director in similar form to as the Director Indemnification Agreements. At the request of any director, the Company shall obtain and maintain customary insurance coverage for the directors on commercially reasonable terms.

Appears in 1 contract

Samples: Investors Rights Agreement (China Techfaith Wireless Communication Technology LTD)

Director Indemnification. To the maximum extent permitted by the Law law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each of its the Investor Directors and shall enter into the indemnification agreement with any Investor Director and comply with the terms of the Indemnification Agreements, and at such director indemnification agreements. At the request of any Director who is not a party to an Indemnification AgreementInvestor, the Company shall enter into an indemnification agreement with such director in similar form to obtain and maintain customary directors and officers insurance coverage for the Indemnification AgreementsInvestor Directors.

Appears in 1 contract

Samples: Investor and Registration Rights Agreement (Yayi International Inc)

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