Common use of Indemnification in Third Party Actions Clause in Contracts

Indemnification in Third Party Actions. The Company shall indemnify the Indemnitee in accordance with the provisions of this Section 3 if the Indemnitee is a party to or threatened to be made a party to or otherwise involved in any Proceeding (other than a Proceeding by or in the right of the Company to procure a judgment in its favor), by reason of the fact that the Indemnitee is or was an officer and/or a director of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of another enterprise, against all Expenses, damages, judgments, amounts paid in settlement, fines, penalties and ERISA excise taxes actually and reasonably incurred by the Indemnitee in connection with the defense or settlement of such Proceeding, to the fullest extent permitted by Delaware law; provided that any settlement shall be approved in writing by the Company.

Appears in 4 contracts

Samples: Indemnity Agreement (Quiksilver Inc), Indemnity Agreement (Quiksilver Inc), Indemnity Agreement (Quiksilver Inc)

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Indemnification in Third Party Actions. The Company Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 3 section if the Indemnitee was or is a party to or is threatened to be made a party to or otherwise involved (including as a witness) in any Proceeding (other than a Proceeding by or in the right name of the Company Corporation to procure a judgment in its favor), by reason of the fact that the Indemnitee is or was an officer and/or a director of the Company Corporation, or is or was serving at the request of the Company Corporation as a an officer and/or director, officer, employee or agent of another enterprise, Enterprise against all Expenses, damages, judgments, amounts paid in settlement, fines, penalties and ERISA excise taxes actually and reasonably incurred by the Indemnitee in connection with the defense or settlement of such Proceeding, to the fullest extent permitted by Delaware Nevada law; , provided that any settlement shall be approved in writing by the CompanyCorporation.

Appears in 1 contract

Samples: Officers and Directors Indemnification Agreement (International Game Technology)

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Indemnification in Third Party Actions. The Company shall indemnify the Indemnitee in accordance with the provisions of this Section 3 if the Indemnitee is a party to or threatened to be made a party to or is otherwise involved in any Proceeding (other than a Proceeding by or in the right of the Company to procure a judgment in its favor), by reason of the fact that the Indemnitee is or was an officer and/or a director of the Company Company, or is or was serving at the request of the Company as a director, officer, employee or agent of another enterprise, against all Expenses, damages, judgments, amounts paid in settlement, fines, penalties and ERISA excise taxes actually and reasonably incurred by the Indemnitee in connection with the defense or settlement of such Proceeding, to the fullest extent permitted by Delaware California law, whether or not the Indemnitee was the successful party in any such Proceeding; provided provided, however, that any settlement shall be approved in writing by the Company.

Appears in 1 contract

Samples: Indemnification Agreement (I/Omagic Corp)

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