Common use of Mandatory Indemnification Clause in Contracts

Mandatory Indemnification. The Corporation shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a party, or in defense of any claim, issue or matter, because Indemnitee is or was a Director or Officer, against reasonable Expenses incurred by Indemnitee in connection with the Proceeding.

Appears in 7 contracts

Samples: Indemnification Agreement (Immunomedics Inc), Indemnification Agreement (Liquidia Technologies Inc), Indemnification Agreement (Liquidia Corp)

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Mandatory Indemnification. The To the fullest extent permitted by law, the Corporation shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a party, or in defense of any claim, issue or matter, because Indemnitee is or was a Director or Officer, against reasonable all Expenses incurred by Indemnitee in connection with the Proceeding.

Appears in 5 contracts

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

Mandatory Indemnification. The Corporation shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee he was a partyParty, or in defense of any claim, issue or mattermatter therein, because Indemnitee he is or was a Director or Officer, against reasonable Expenses incurred by Indemnitee him in connection with the Proceeding.

Appears in 4 contracts

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

Mandatory Indemnification. The Corporation Company shall indemnify the Indemnitee to the extent that if he or she has been is successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a partyproceeding, or in the defense of any claim, issue issue, or mattermatter in the proceeding, to which he or she was a Party because Indemnitee he or she is or was a Director or Officeran Indemnitee, against reasonable Expenses expenses incurred by Indemnitee him or her in connection with the Proceedingproceeding or claim with respect to which he or she has been successful.

Appears in 1 contract

Samples: Indemnification Agreement (Maxxon Inc)

Mandatory Indemnification. The Corporation shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a party, or in defense of any claim, issue or matter, because Indemnitee is or was a Director or OfficerDirector, Officer and/or Key Employee, against reasonable Expenses incurred by Indemnitee in connection with the Proceeding.

Appears in 1 contract

Samples: Indemnification Agreement (Kadmon Holdings, LLC)

Mandatory Indemnification. The Corporation Company shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a party, or in defense of any claim, issue or matter, because Indemnitee is or was a Director or Officer, against reasonable Expenses incurred by Indemnitee in connection with the Proceeding. 3.

Appears in 1 contract

Samples: Indemnification Agreement (MiX Telematics LTD)

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Mandatory Indemnification. The Corporation shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee was a party, or in defense of any claim, issue or matter, because Indemnitee is or was a Director or and/or Officer, against reasonable Expenses incurred by Indemnitee in connection with the Proceeding.

Appears in 1 contract

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

Mandatory Indemnification. The Corporation shall indemnify Indemnitee ------------------------- to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee he was a partyParty, or in defense of any claim, issue or mattermatter therein, because Indemnitee he is or was a Director or Officer, against reasonable Expenses incurred by Indemnitee him in connection with the Proceeding.

Appears in 1 contract

Samples: Indemnity Agreement (Ameripath Inc)

Mandatory Indemnification. The Corporation Company shall indemnify Indemnitee to the extent that he or she has been successful, on the merits or otherwise, in the defense of any Proceeding to which Indemnitee he was a partyParty, or in defense of any claim, issue or mattermatter therein, because Indemnitee he is or was a Director or Officer, against reasonable Expenses incurred by Indemnitee him in connection with the Proceeding.

Appears in 1 contract

Samples: Indemnity Agreement (Cti Molecular Imaging Inc)

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