Common use of Nonexclusively Clause in Contracts

Nonexclusively. The Corporation has the power to make any other or further indemnification of any of its directors, officers, members of any committee, or any other person that the Corporation has the power by law to indemnify, including without limitation, employees or agents of the Corporation, under any bylaw, agreement, vote of disinterested directors, or otherwise, both as to action in any official capacity and as to action in another capacity while holding such office, except an indemnification against gross negligence or willful misconduct. The indemnification as provided in this Article will continue as to any person who has ceased to be a director, officer, or agent and will insure to the benefit of such person’s heirs and personal representatives.

Appears in 3 contracts

Sources: Franchise Agreement (El Pollo Loco Holdings, Inc.), Franchise Agreement (El Pollo Loco Holdings, Inc.), Franchise Agreement (EPL Intermediate, Inc.)