Common use of Required Reimbursement Clause in Contracts

Required Reimbursement. To indemnify Indemnitee for any reimbursement of the Company by Indemnitee of any compensation, including bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the Company, as required in each case under the Securities Act or the Exchange Act (including without limitation reimbursements that (i) arise from an accounting restatement of the Company pursuant to Section 304 of the Xxxxxxxx-Xxxxx Act of 2002, as amended (“Xxxxxxxx-Xxxxx”) or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of Xxxxxxxx-Xxxxx, or (ii) arise pursuant to regulations or policies adopted in compliance with Section 954 of the Investor Protection and Securities Reform Act of 2010, as amended).

Appears in 7 contracts

Samples: Indemnification Agreement (PLAYSTUDIOS, Inc.), Indemnification Agreement (Akoya Biosciences, Inc.), Indemnification Agreement (ECP Environmental Growth Opportunities Corp.)

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Required Reimbursement. To indemnify Indemnitee for any reimbursement of the Company by Indemnitee of any compensation, including bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the Company, as required in each case under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended (including without limitation reimbursements that (i) arise from an accounting restatement of the Company pursuant to Section 304 of the Xxxxxxxx-Xxxxx Act of 2002, as amended (“Xxxxxxxx-Xxxxx”) or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of the Xxxxxxxx-XxxxxXxxxx Act of 2002, or (ii) arise pursuant to regulations or policies adopted in compliance with Section 954 of the Investor Protection and Securities Reform Act of 2010, as amended).

Appears in 3 contracts

Samples: Indemnification Agreement (JDS Uniphase Corp /Ca/), Indemnification Agreement (Lumentum Holdings Inc.), Indemnification Agreement (Lumentum Holdings Inc.)

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Required Reimbursement. To indemnify Indemnitee for any reimbursement of the Company by Indemnitee of any compensation, including bonus or other incentive-based or equity-based compensation or of any profits realized by Indemnitee from the sale of securities of the Company, as required in each case under the Securities Act or the Exchange Act (including without limitation reimbursements that (i) arise from an accounting restatement of the Company pursuant to Section 304 of the XxxxxxxxSxxxxxxx-Xxxxx Act of 2002, as amended (“XxxxxxxxSxxxxxxx-Xxxxx”) or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 306 of XxxxxxxxSxxxxxxx-Xxxxx, or (ii) arise pursuant to regulations or policies adopted in compliance with Section 954 of the Investor Protection and Securities Reform Act of 2010, as amended).

Appears in 2 contracts

Samples: Indemnification Agreement (Deerfield Healthcare Technology Acquisitions Corp.), Indemnification Agreement (Freightos LTD)

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