Right to Indemnification of Directors and Officers. The Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "Indemnified Person") who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "Proceeding"), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company or, while a director or officer of the Company, is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 6 contracts
Samples: Amending Agreement (SunOpta Inc.), Investor Rights Agreement (SunOpta Inc.), Investor Rights Agreement (SunOpta Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 6 contracts
Samples: Business Combination Agreement and Plan of Reorganization (Spartan Acquisition Corp. III), Adoption Agreement (Gi Dynamics, Inc.), Share Purchase Agreement (Saunders Acquisition Corp)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made a party or is threatened to be made a party to or is otherwise involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (hereinafter a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, trustee, manager, employee or agent of another corporation or of a partnership, joint venturecompany, limited liability company, joint venture, trust, enterprise non-profit entity or nonprofit entityother enterprise, including service with respect to any employee benefit plansplan, whether the basis of such Proceeding is alleged action in an official capacity as a director or officer or in any other capacity while serving, at the request of the Corporation, as a director, officer, employee or agent, against all liability and loss suffered (including judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) and expenses (including attorneys" ’ fees) actually and reasonably incurred by such Indemnified Person in connection with such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth9.C, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 4 contracts
Samples: Merger Agreement (DEX ONE Corp), Merger Agreement (Supermedia Inc.), Agreement and Plan of Merger (Supermedia Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation Corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 3 contracts
Samples: Divestiture Agreement (Ophthotech Corp.), Adoption Agreement (Planet Technologies, Inc), Adoption Agreement (Arrowhead Research Corp)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law the Colorado Corporations and Associations Act as it presently exists or may hereafter be amended, any person Person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such personPerson, or a person Person for whom such person Person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plansplans (collectively, “Another Enterprise”), against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthX, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 3 contracts
Samples: Intercreditor Agreement, Securities Purchase Agreement, Secfrities Modification and Consent Agreement
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving Exhibit A at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 2 contracts
Samples: Exchange Agreement (Saunders Acquisition Corp), Exchange Agreement (Franklin Electronic Publishers Inc)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthVI, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 2 contracts
Samples: Business Combination Agreement (Atlas Holdings, Inc.), Limited Liability Company Agreement (Impax Laboratories Inc)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthVIII, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (iHookup Social, Inc.), Agreement and Plan of Merger and Reorganization (iHookup Social, Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthEleventh, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Seres Therapeutics, Inc.), Adoption Agreement (Seres Therapeutics, Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or any subsidiary of the Corporation or, while a director or officer of the CompanyCorporation or such subsidiary, is or was serving at the request of the Company Corporation or such subsidiary as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 C of this Article TenthEleventh, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 2 contracts
Samples: Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Id Systems Inc)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthIX, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (CarLotz, Inc.), Agreement and Plan of Merger (Shift Technologies, Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or any subsidiary of the Corporation or, while a director or officer of the CompanyCorporation or such subsidiary, is or was serving at the request of the Company Corporation or such subsidiary as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 C of this Article TenthEighth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Investment and Transaction Agreement (Id Systems Inc)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ” fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Capstone Dental Pubco, Inc.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law the Act as it presently exists or may hereafter be amended, any person (an "Indemnified Person") who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "Proceeding"), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plansplans (collectively, "Another Enterprise"), against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthVI, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Securities Purchase Agreement
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or any subsidiary of the Corporation or, while a director or officer of the CompanyCorporation or such subsidiary, is or was serving at the request of the Company Corporation or such subsidiary as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 C of this Article Tenth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Investment and Transaction Agreement (Id Systems Inc)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthV, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthNinth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding")”, by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthEighth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors. 2.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "Indemnified a “Covered Person"”) who was or is made a party or is threatened to be made a party to any threatened, pending or is otherwise involved in any completed action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such personhe or she, or a person for whom such person he or she is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, joint venture, trust, enterprise organization or nonprofit entityother entity or enterprise, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees), judgments, fines and amounts paid in settlement (except for judgments, fines and amounts paid in settlement in any action or suit by or in the right of the Corporation to procure a judgment in its favor) actually and reasonably incurred by such Indemnified Person in such ProceedingCovered Person. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth7.3, the Company Corporation shall be required to indemnify an Indemnified a Covered Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Covered Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Covered Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ' fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthSeventh, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance the specific case by the Board board of Directorsdirectors of the Corporation.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company or, while a director or officer of the Company, is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ” fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made a party or is threatened to be made a party to or is otherwise involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (hereinafter a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, trustee, manager, employee or agent of another corporation or of a partnership, joint venturecompany, limited liability company, joint venture, trust, enterprise non-profit entity or nonprofit entityother enterprise, including service with respect to any employee benefit plansplan, whether the basis of such Proceeding is alleged action in an official capacity as a director or officer or in any other capacity while serving, at the request of the Corporation, as a director, officer, employee or agent, against all liability and loss suffered (including judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) and expenses (including attorneys" ' fees) actually and reasonably incurred by such Indemnified Person in connection with such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth14.C, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Samples: Plan Support Agreement
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made a party or is threatened to be made a party to or is otherwise involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (hereinafter a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, trustee, manager, employee or agent of another corporation or of a partnership, joint venturecompany, limited liability company, joint venture, trust, enterprise non-profit entity or nonprofit entityother enterprise, including service with respect to any employee benefit plansplan, whether the basis of such Proceeding is alleged action in an official capacity as a director or officer or in any other capacity while serving, at the request of the Corporation, as a director, officer, employee or agent, against all liability and loss suffered (including judgments, fines, ERISA excise taxes or penalties and amounts paid in settlement) and expenses (including attorneys" ’ fees) actually and reasonably incurred by such Indemnified Person in connection with such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth14.C, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "Indemnified Person") who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "Proceeding"), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ' fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthNinth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Acamar Partners Acquisition Corp.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 C of this Article TenthNinth, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board board of Directorsdirectors.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthXI, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Facility Agreement (Kempharm, Inc)
Right to Indemnification of Directors and Officers. The Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director Manager or officer of the Company Officer or, while a director Manager or officer of the CompanyOfficer, is or was serving at the request of the Company as a director, officer, manager, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, (i) except as otherwise provided in Section 3 of this Article Tenth12.3, the Company shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsManagers, and (ii) the Company shall not be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by the Company against such Indemnified Person.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Solid Biosciences, LLC)
Right to Indemnification of Directors and Officers. The Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "Indemnified Person") who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "Proceeding"), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company or, while a director or officer of the Company, is or was serving at the request of the Company as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ' fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article Tenth, the Company shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthArticle, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (CS Financing CORP)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 (c) of this Article TenthVIII, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract
Samples: Liberator Medical Holdings, Inc.
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ' fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthVII, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Acamar Partners Acquisition Corp.)
Right to Indemnification of Directors and Officers. The Company Corporation shall indemnify and hold harmless, to the fullest extent permitted by applicable law as it presently exists or may hereafter be amended, any person (an "“Indemnified Person"”) who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative (a "“Proceeding"”), by reason of the fact that such person, or a person for whom such person is the legal representative, is or was a director or officer of the Company Corporation or, while a director or officer of the CompanyCorporation, is or was serving at the request of the Company Corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, limited liability company, trust, enterprise or nonprofit entity, including service with respect to employee benefit plans, against all liability and loss suffered and expenses (including attorneys" ’ fees) reasonably incurred by such Indemnified Person in such Proceeding. Notwithstanding the preceding sentence, except as otherwise provided in Section 3 of this Article TenthSeventh, the Company Corporation shall be required to indemnify an Indemnified Person in connection with a Proceeding (or part thereof) commenced by such Indemnified Person only if the commencement of such Proceeding (or part thereof) by the Indemnified Person was authorized in advance by the Board of Directors.
Appears in 1 contract