Common use of Extension of Agreement to Additional Interested Corporation Clause in Contracts

Extension of Agreement to Additional Interested Corporation. This Agreement will be deemed to extend and apply, without any further act on behalf of the Corporation or the Indemnified Party, or amendment hereto, to any corporation, society, partnership, association, syndicate, joint venture or trust which may at any time become an Interested Corporation (but, for greater certainty, not with respect to Other Entities) and the Indemnified Party will be deemed to have acted or be acting at the Corporation’s or an Interested Corporation’s request upon his being first appointed or elected as a director or officer of an Interested Corporation if then serving as a director or officer of the Corporation.

Appears in 3 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

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Extension of Agreement to Additional Interested Corporation. This Agreement will be deemed to extend and apply, without any further act on behalf of the Corporation or the Indemnified Party, or amendment hereto, to any corporation, society, partnership, association, syndicate, joint venture or trust which may at any time become an Interested Corporation (but, for greater certainty, not with respect to Other Entities) and the Indemnified Party will be deemed to have acted or be acting at the Corporation’s or an Interested Corporation’s request upon his her being first appointed or elected as a director or officer of an Interested Corporation if then serving as a director or officer of the Corporation.

Appears in 2 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

Extension of Agreement to Additional Interested Corporation. This Agreement will be deemed to extend and apply, without any further act on behalf of the Corporation or the Indemnified Party, or amendment hereto, to any corporation, society, partnership, association, syndicate, syndicate joint venture or trust which may at any time become an Interested Corporation (but, for greater certaintycertainly, not with respect to Other Entities) and the Indemnified Party will be deemed to have acted or be acting at the Corporation’s 's or an Interested Corporation’s request upon his her being first appointed or elected as a director or officer of an Interested Corporation if then serving as a director or officer of the Corporation.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Ritchie Bros Auctioneers Inc)

Extension of Agreement to Additional Interested Corporation. This Agreement will shall be deemed to extend and apply, without any further act on behalf of the Corporation or the Indemnified Party, or amendment hereto, to any corporation, society, partnership, association, syndicate, joint venture or trust which may at any time become an Interested Corporation (but, for greater certainty, not with respect to Other Entities) and the Indemnified Party will shall be deemed to have acted or be acting at the Corporation’s or an Interested Corporation’s request upon his being first appointed or elected as a director or officer of an Interested Corporation if then serving as a director or officer of the Corporation.

Appears in 1 contract

Samples: Indemnity Agreement (Ritchie Bros Auctioneers Inc)

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Extension of Agreement to Additional Interested Corporation. This Agreement will be deemed to extend and apply, without any further act on behalf of the Corporation or the Indemnified Party, or amendment hereto, to any corporation, corporation society, partnership, association, syndicate, joint venture or trust which may at any time become an Interested Corporation (but, for greater certainty, not with respect to Other Entities) and the Indemnified Party will be deemed to have acted or be acting at the Corporation’s or an Interested Corporation’s request upon his being first appointed or elected as a director or officer of an Interested Corporation if then serving as a director or officer of the Corporation.. IN WITNESS WHEREOF the Corporation and the Indemnified Party have hereunto set their hands and seals as of the day and year firs above written. THE CORPORATE SEAL OF XXXXXXX )

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

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