Common use of Service for Subsidiaries Clause in Contracts

Service for Subsidiaries. If Indemnitee is serving as a director, officer, employee or agent of another Enterprise at least 50% of whose equity interests are owned by the Company shall, Indemnitee shall be conclusively presumed to be serving in such capacity at the request of the Company.

Appears in 5 contracts

Samples: Indemnification Agreement (Cryptyde, Inc.), Form of Indemnification Agreement (Paycom Software, Inc.), Indemnification Agreement (Global Technologies LTD)

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Service for Subsidiaries. If Indemnitee is serving as a director, officer, employee or agent of another Enterprise at least fifty percent (50% %) of whose equity interests are owned by the Company shallCompany, Indemnitee shall be conclusively presumed to be serving in such capacity at the request of the Company.

Appears in 2 contracts

Samples: Indemnification Agreement (Welsbach Technology Metals Acquisition Corp.), Indemnification Agreement (Snap Interactive, Inc)

Service for Subsidiaries. If Indemnitee is serving as a director, officer, employee or agent of another Enterprise Enterprise, at least 50% of whose equity interests are owned by the Company shallCompany, Indemnitee shall be conclusively presumed to be serving in such capacity at the request of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (WatchGuard, Inc.)

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Service for Subsidiaries. If Indemnitee is serving as a director, officer, employee or agent of another Enterprise at least 50% of whose equity interests are owned by the Company shall, Indemnitee shall be conclusively presumed to be serving in such capacity at the request of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (ELAH Holdings, Inc.)

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