Indemnification of Venture Capital Funds. If (i) Indemnitee is or was affiliated with one or more venture capital funds that has invested in the Company (each a “VC Fund”), (ii) a VC Fund is, or is threatened to be made, a party to or a participant (including as a witness) in any proceeding, and (iii) the VC Fund’s involvement in the proceeding is related to Indemnitee’s service to the Company as a director of the Company, then the VC Fund shall be entitled to all of the indemnification rights and remedies under this Agreement to the same extent as Indemnitee.
Appears in 4 contracts
Samples: Indemnification Agreement (2U, Inc.), Indemnification Agreement (First Choice Healthcare Solutions, Inc.), Indemnification Agreement (2U, Inc.)
Indemnification of Venture Capital Funds. If (i) Indemnitee is or was affiliated with one or more venture capital funds that has invested in the Company (each a “VC Fund”), (ii) a VC Fund is, or is threatened to be made, a party to or a participant (including as a witness) in any legal proceeding, and (iii) the VC Fund’s involvement in the legal proceeding is related to arises solely as a result of Indemnitee’s service to the Company as a director of the Company, then the VC Fund shall be entitled to all of the indemnification rights and remedies under this Agreement to the same extent as Indemnitee.
Appears in 3 contracts
Samples: Investor Rights Agreement (Codexis Inc), Indemnification Agreement (Codexis Inc), Indemnification Agreement (Intermolecular Inc)
Indemnification of Venture Capital Funds. If (i) Indemnitee is or was affiliated with one or more venture capital funds that has invested in the Company (each a “"VC Fund”"), (ii) a VC Fund is, or is threatened to be made, a party to or a participant (including as a witness) in any proceedingProceeding, and (iii) the VC Fund’s 's involvement in the proceeding Proceeding is directly or indirectly related to Indemnitee’s 's service to the Company as a director of the Company, then the VC Fund shall be entitled to all of the indemnification rights and remedies under this Agreement to the same extent as Indemnitee.
Appears in 2 contracts
Samples: Indemnification Agreement (Omm Inc), Indemnification Agreement (Anda Networks Inc)
Indemnification of Venture Capital Funds. If (i) Indemnitee is or was affiliated with one or more venture capital funds that has invested in the Company (each a “VC Fund”), (ii) a VC Fund is, or is threatened to be made, a party to or a participant (including as a witness) in any proceedingProceeding, and (iii) the VC Fund’s involvement in the proceeding Proceeding is directly or indirectly related to Indemnitee’s service to the Company as a director of the Company, then the VC Fund shall be entitled to all of the indemnification rights and remedies under this Agreement to the same extent as Indemnitee.
Appears in 2 contracts
Samples: Indemnity Agreement (Newgistics, Inc), Indemnification Agreement (Anda Networks Inc)
Indemnification of Venture Capital Funds. If (i) Indemnitee is or was affiliated with one or more venture capital funds that has invested in the Company (each a “VC Fund”), (ii) a VC Fund is, or is threatened to be made, a party to or a participant (including as a witness) in any proceeding, and (iii) the VC Fund’s involvement in the proceeding is directly related to Indemnitee’s service to the Company as a director of the Company, then the VC Fund shall be entitled to all of the indemnification rights and remedies under this Agreement to the same extent as Indemnitee.
Appears in 1 contract
Samples: Indemnity Agreement (XOMA Corp)
