Common use of Inducement Clause in Contracts

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 11 contracts

Samples: Indemnification Agreement (Liquidia Technologies Inc), Independent Director Agreement (Net 1 Ueps Technologies Inc), Indemnification Agreement (Liquidia Corp)

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Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 4 contracts

Samples: Indemnity Agreement (Friedmans Inc), Indemnity Agreement (Friedmans Inc), Form of Indemnity Agreement (Riscorp Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 2 contracts

Samples: Indemnity Agreement (Headhunter Net Inc), Indemnity Agreement (Headhunter Net Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Katapult Holdings, Inc.)

Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnity Agreement (Cti Molecular Imaging Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director Director, Officer and/or OfficerKey Employee, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee Key Employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Kadmon Holdings, LLC)

Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity. 22.

Appears in 1 contract

Samples: Indemnification Agreement (MiX Telematics LTD)

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Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnity Agreement (Renal Care Group Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Form of Indemnity Agreement (Act II Global Acquisition Corp.)

Inducement. The Corporation expressly confirms and agrees that it has ---------- entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnity Agreement (Ameripath Inc)

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