Common use of Indemnification in General Clause in Contracts

Indemnification in General. The Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith.

Appears in 5 contracts

Samples: Indemnification Agreement (Union Street Acquisition Corp.), Form of Indemnification Agreement (Marathon Acquisition Corp.), Indemnification Agreement (Renewable Energy Acquisition Corp.)

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Indemnification in General. The Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s 's behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith.

Appears in 3 contracts

Samples: Indemnification Agreement (Glacier Corp), Indemnification Agreement (American Aircarriers Support Inc), Indemnification Agreement (Centennial Sepcialty Foods Corp)

Indemnification in General. The Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s 's behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith.

Appears in 1 contract

Samples: Indemnification Agreement (Captec Net Lease Realty Inc)

Indemnification in General. The To the maximum extent permitted by law, the Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s 's behalf in connection with such any Proceeding or any claim, issue issue, or matter therein, if Indemnitee acted in Good Faith.

Appears in 1 contract

Samples: Indemnification Agreement (Tri Valley Corp)

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Indemnification in General. The Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith. Such indemnification and hold harmless will relate back to the date upon which the Indemnitee first became a director or officer of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Z Axis Corp)

Indemnification in General. The To the greatest extent permitted under applicable law in effect from time to time, the Company shall indemnify and hold Indemnitee harmless for any Losses, Expenses, judgments, penalties, Fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on Indemnitee’s 's behalf in connection with such any Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith.

Appears in 1 contract

Samples: Indemnification Agreement (Centennial Sepcialty Foods Corp)

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