Common use of Indemnity of Director or Officer Clause in Contracts

Indemnity of Director or Officer. Subject only to the limitations set forth in Section 3, the Company shall indemnify the Indemnitee against each Eligible Penalty to which the Indemnitee is or may be liable and, after the final disposition of an Eligible Proceeding, shall pay the Expenses actually and reasonably incurred by the Indemnitee in respect of that proceeding.

Appears in 2 contracts

Samples: Indemnity Agreement (MIGENIX Inc.), Form of Indemnity Agreement (Med BioGene Inc.)

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Indemnity of Director or Officer. Subject only to the limitations set forth in Section 34, the Company shall indemnify the Indemnitee against each Eligible Penalty to which the Indemnitee is or may be liable and, after the final disposition of an Eligible Proceeding, shall pay the Expenses actually and reasonably incurred by the Indemnitee in respect of that proceeding.

Appears in 1 contract

Samples: Indemnity Agreement (Aspreva Pharmaceuticals CORP)

Indemnity of Director or Officer. Subject only to the limitations set forth in Section 3, the Company shall indemnify the Indemnitee against each Eligible Penalty any Liability to which the Indemnitee is or may be liable and, after the final disposition of an Eligible Proceeding, and shall pay the Expenses actually and reasonably incurred by the Indemnitee because of any claim or claims made against him in respect a Proceeding by reason of the fact that proceedinghe is or was a Director and/or Officer.

Appears in 1 contract

Samples: Indemnity Agreement (QLT Inc/Bc)

Indemnity of Director or Officer. Subject only to the limitations set forth in Section 3, the Company shall indemnify the Indemnitee against each Eligible Penalty any Liability to which the Indemnitee is or may be liable and, after the final disposition of an Eligible Proceeding, and shall pay the Expenses actually and reasonably incurred by the Indemnitee because of any claim or claims made against him or her in respect a Proceeding by reason of the fact that proceedinghe or she is or was a Director and/or Officer and/or legal counsel to the Company.

Appears in 1 contract

Samples: Indemnity Agreement (Novelion Therapeutics Inc.)

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Indemnity of Director or Officer. Subject only to the limitations set forth in Section 3, the Company shall indemnify the Indemnitee against each Eligible Penalty any Liability to which the Indemnitee is or may be liable and, after the final disposition of an Eligible Proceeding, and shall pay the Expenses actually and reasonably incurred by the Indemnitee because of any claim or claims made against him or her in respect a Proceeding by reason of the fact that proceedinghe or she is or was a Director and/or Officer.

Appears in 1 contract

Samples: Indemnity Agreement (Novelion Therapeutics Inc.)

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