Common use of Officers’ and Directors’ Indemnification Clause in Contracts

Officers’ and Directors’ Indemnification. (a) The Parent and the Surviving Corporation agree that the Surviving Corporation shall provide to the directors and officers of the Company indemnification at least as favorable to the Company's officers and directors as provided by the Company's Certificate of Incorporation and Bylaws with respect to matters occurring prior to the Effective Time, including without limitation the authorization of this Agreement and the transactions contemplated hereby until the six year anniversary date of the Effective Time (or, in case of matters occurring prior to the Effective Time giving rise to claims that are made prior to but which have not been resolved by the sixth (6th) anniversary of the Effective Time, until such matters are finally resolved).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intelidata Technologies Corp), Agreement and Plan of Merger (Corillian Corp)

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Officers’ and Directors’ Indemnification. (a) The Parent Fiserv and the Surviving Corporation agree that the Surviving Corporation shall will provide to the directors and officers of the Company indemnification at least as favorable to the Company's officers and directors as fullest extent provided by the Company's Certificate of Incorporation and Bylaws Bylaws, as in effect as of the date of this Agreement, with respect to matters occurring prior to the Effective Time, including without limitation the authorization of this Agreement and the transactions contemplated hereby until the six year anniversary date of the Effective Time (or, in case of matters occurring prior to the Effective Time giving rise to claims that are made prior to but which have not been resolved by the sixth (6th) anniversary of the Effective Time, until such matters are finally resolved).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Avidyn Inc)

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Officers’ and Directors’ Indemnification. (a) The Parent and the Surviving Corporation agree that the Surviving Corporation shall provide to the directors and officers of the Company indemnification at least as favorable to the Company's officers and directors as fullest extent provided by the Company's ’s Certificate of Incorporation and Bylaws with respect to matters occurring prior to the Effective Time, including without limitation the authorization of this Agreement and the transactions contemplated hereby until the six year anniversary date of the Effective Time (or, in case of matters occurring prior to the Effective Time giving rise to claims that are made prior to but which have not been resolved by the sixth (6th) anniversary of the Effective Time, until such matters are finally resolved).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alcide Corp)

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