Common use of Other Positions Clause in Contracts

Other Positions. Employee agrees to serve without additional compensation (other than compensation accruing to any other person serving in such capacity), if elected or appointed a director of the Employer or any of its subsidiaries, provided that Employee is indemnified for serving in any and all such capacities on a basis no less favorable than is currently provided other directors.

Appears in 6 contracts

Samples: Employment Agreement (PLM International Inc), Employment Agreement (PLM International Inc), Employment Agreement (PLM International Inc)

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Other Positions. Employee agrees to serve without additional compensation (other than compensation accruing to any other person serving in such capacity), if elected or appointed a director of the Employer Company or any of its subsidiaries, provided that Employee is indemnified for serving in any and all such capacities on a basis no less favorable than is currently provided other directorsdirectors of the Company and its subsidiaries.

Appears in 2 contracts

Samples: Employment Agreement (PLM International Inc), Employment Agreement (PLM International Inc)

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Other Positions. Employee agrees to serve without additional --------------- compensation (other than compensation accruing to any other person serving in such capacity), if elected or appointed a director of the Employer or any of its subsidiaries, provided that Employee is indemnified for serving in any and all such capacities on a basis no less favorable than is currently provided other directorsthe directors of the Employer.

Appears in 1 contract

Samples: Employment Agreement (American Finance Group Inc /De/)

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