Common use of Indemnitee’s Individual Capacity Clause in Contracts

Indemnitee’s Individual Capacity. The Company acknowledges that the Indemnitee is undertaking to act as an officer or director of the Company at the request of the Company and solely in the Indemnitee's individual capacity and not in any capacity as a director, officer, member, partner, employee, trustee, or other representative of any other corporation, partnership, association, business trust, trust, or similar organization or entity. The Company covenants and agrees to indemnify any such organization or entity from and against any and all judgments, fines, or penalties assessed against or incurred or paid by such organization or entity and any and all amounts paid in settlement (including all interest, attorneys' and expert witnesses' fees, and other charges paid or payable in connection with such judgments, fines, penalties, or amounts paid in settlement) that relate to any action or inaction taken in the course of the Indemnitee's duties as an officer or director of the Company.

Appears in 4 contracts

Samples: Indemnification Agreement (Halsey J L Corp), Indemnification Agreement (Halsey J L Corp), Indemnification Agreement (Halsey J L Corp)

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Indemnitee’s Individual Capacity. The Company Corporation acknowledges that the Indemnitee is undertaking to act as an officer or a director of the Company Corporation at the request of the Company Corporation and solely in the Indemnitee's individual capacity and not in any capacity as a director, officer, member, partner, employee, trustee, or other representative of any other corporation, partnership, association, business trust, trust, or similar organization or entity. The Company Corporation covenants and agrees to indemnify any such organization or entity from and against any and all judgments, fines, or penalties assessed against or incurred or paid by such organization or entity and any and all amounts paid in settlement (including all interest, attorneys' and expert witnesses' fees, and other charges paid or payable in connection with such judgments, fines, penalties, or amounts paid in settlement) that relate with respect to any action or inaction taken in the course of the Indemnitee's duties as an officer or a director of the CompanyCorporation.

Appears in 3 contracts

Samples: Indemnification Agreement (Concentra Managed Care Inc), Indemnification Agreement (Concentra Managed Care Inc), Indemnification Agreement (Concentra Managed Care Inc)

Indemnitee’s Individual Capacity. The Company Corporation acknowledges that the Indemnitee is undertaking to act as an officer or director of the Company Corporation at the request of the Company Corporation and solely in the Indemnitee's ’s individual capacity and not in any capacity as a director, officer, member, partner, employee, trustee, or other representative of any other corporation, partnership, limited liability company, association, business trust, trust, or similar organization or entity. The Company Corporation covenants and agrees to indemnify any such organization or entity from and against any and all judgments, fines, or penalties assessed against or incurred or paid by such organization or entity and any and all amounts paid in settlement (including all interest, attorneys' and expert witnesses' fees, and other charges paid or payable in connection with such judgments, fines, penalties, or amounts paid in settlement) that relate with respect to any action or inaction taken in the course of the Indemnitee's ’s duties as an officer or director of the CompanyCorporation.

Appears in 1 contract

Samples: Indemnification Agreement (Ssgi, Inc.)

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Indemnitee’s Individual Capacity. The Company acknowledges that the Indemnitee is undertaking to act as an officer or director of the Company at the request of the Company and solely in the Indemnitee's ’s individual capacity and not in any capacity as a director, officer, member, partner, employee, trustee, or other representative of any other corporation, partnership, association, business trust, trust, or similar organization or entity. The Company covenants and agrees to indemnify any such organization or entity from and against any and all judgments, fines, or penalties assessed against or incurred or paid by such organization or entity and any and all amounts paid in settlement (including all interest, attorneys' and expert witnesses' fees, and other charges paid or payable in connection with such judgments, fines, penalties, or amounts paid in settlement) that relate to any action or inaction taken in the course of the Indemnitee's ’s duties as an officer or director of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Phosphate Holdings, Inc.)

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