Common use of Settlement Clause in Contracts

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not be unreasonably withheld.

Appears in 63 contracts

Samples: Indemnification Agreement (Wavedancer, Inc.), Director Indemnification Agreement (Warner Music Group Corp.), Indemnification Agreement (Startek, Inc.)

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Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent; provided, which however, that if a Change in Control has occurred, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate of the Company shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 14 contracts

Samples: Onto Innovation (Onto Innovation Inc.), Employment Agreement (Qualtrics International Inc.), Employment Agreement (Qualtrics International Inc.)

Settlement. The Company Companies will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Companies shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Companies’ prior written consent, which shall not be unreasonably withheld.

Appears in 11 contracts

Samples: Form of Indemnification Agreement (Core & Main, Inc.), Indemnification Agreement (Agilon Health, Inc.), Form of Director Indemnification Agreement (Us LBM Holdings, Inc.)

Settlement. The Company will shall not, without the prior written consent of Indemnitee, which consent may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 10 contracts

Samples: Indemnification Agreement (ArriVent Biopharma, Inc.), Indemnification Agreement (ArriVent Biopharma, Inc.), Indemnification Agreement (Elicio Therapeutics, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent; provided, which however, that if a Change in Control has occurred, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 7 contracts

Samples: Indemnity Agreement (Energous Corp), Indemnity Agreement (Chegg, Inc), Indemnity Agreement (Model N, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which provided, however, that if a Change in Control has occurred, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate of the Company shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 6 contracts

Samples: Indemnity Agreement (ADS Waste Holdings, Inc.), Indemnity Agreement (Glu Mobile Inc), Indemnity Agreement (Trestle Transport, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent; provided, which however, that if a Change in Control has occurred, the Company shall be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withhold consent from any settlement of any Proceeding, provided that Indemnitee may withhold consent to any settlement that does not be unreasonably withheldprovide a complete and unconditional release of Indemnitee.

Appears in 5 contracts

Samples: Indemnity Agreement (Veeva Systems Inc), Indemnity Agreement (ADESTO TECHNOLOGIES Corp), Indemnity Agreement (Aldeyra Therapeutics, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s 's sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s 's prior written consent, which shall not be unreasonably withheld.

Appears in 5 contracts

Samples: Form of Indemnification Agreement (N-Able, Inc.), Form of Indemnification Agreement (N-Able, LLC), Indemnification Agreement (SolarWinds Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement or otherwise for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent; provided, which however, that if a Change in Control has occurred subsequent to the date of this Agreement, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 3 contracts

Samples: Indemnification Agreement (Dexcom Inc), Indemnification Agreement (Dexcom Inc), Indemnification Agreement (Symantec Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which provided, however, that if a Change in Control has occurred, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate of the Company shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, penalty, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 3 contracts

Samples: Indemnity Agreement (Affinion Group Holdings, Inc.), Indemnity Agreement (Advanced Disposal Services, Inc.), Indemnity Agreement (Advanced Disposal Services, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated liable to indemnify Indemnitee against under this Agreement for any amounts paid in settlement of a any Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which provided, however, that if a Change in Control has occurred, the Company shall not be liable for indemnification of Indemnitee for amounts paid in settlement if the Independent Counsel has approved the settlement. Neither the Company nor any Subsidiary or Affiliate of the Company shall enter into a settlement of any Proceeding that might result in the imposition of any Expense, Other Liability, limitation or detriment on Indemnitee, whether indemnifiable under this Agreement or otherwise, without Indemnitee’s written consent. Neither the Company nor Indemnitee shall unreasonably withheldwithhold consent from any settlement of any Proceeding.

Appears in 2 contracts

Samples: Indemnification Agreement (Ardagh Metal Packaging S.A.), Indemnification Agreement (Ardagh Finance Holdings S.A.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may shall not be provided liable to indemnify Indemnitee under this Agreement or withheld otherwise for any amounts paid in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves effected without the payment Company's prior written consent; provided that if a Change of money by persons other than Indemnitee and includes an unconditional release Control has occurred, the Company shall be liable for indemnification of Indemnitee from all liability on any matters that are for amounts paid in settlement if an Independent Counsel selected by Indemnitee has approved the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matterssettlement. The Company shall not be obligated to indemnify Indemnitee against amounts paid settle any Proceeding in settlement of a Proceeding against Indemnitee if such settlement is effected by any manner that would impose any penalty, liability or limitation on Indemnitee without the Company’s Indemnitee's prior written consent, which ; provided that the Company shall not be required to obtain the consent of Indemnitee to the settlement of any Proceeding the Company has undertaken to defend if the settlement grants Indemnitee a complete and unqualified release in respect of the potential liability. Neither the Company nor Indemnitee will unreasonably withheldwithhold their consent to any proposed settlement.

Appears in 2 contracts

Samples: Indemnification Agreement (Cellstar Corp), Indemnification Agreement (Cellstar Corp)

Settlement. The Company Entities will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Entities shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Company Entities’ prior written consent, which shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Director Indemnification Agreement (Hd Supply, Inc.), Director Indemnification Agreement (Hd Supply Support Services, Inc.)

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Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not may be unreasonably withheldprovided or withheld in the Company’s sole discretion.

Appears in 1 contract

Samples: Indemnification Agreement (China Chemical Corp.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The However, the Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (CREATIVE LEARNING Corp)

Settlement. The Company Entities will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole reasonable discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Entities shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Company Entities’ prior written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Director Indemnification Agreement (Hd Supply, Inc.)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on or any matters that are the subject of such Proceeding and an acknowledgment acknowledgement that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnity Agreement (ZaZa Energy Corp)

Settlement. The Company will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (CREATIVE LEARNING Corp)

Settlement. The Company Companies will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Companies shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the Company’s Companies’ prior written consent, which shall not be unless consent is unreasonably withheld.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Envision Healthcare Holdings, Inc.)

Settlement. The Company Corporation will not, without the prior written consent of Indemnitee, which may be provided or withheld in Indemnitee’s sole discretion, effect any settlement of any Proceeding against Indemnitee or which could have been brought against Indemnitee unless such settlement solely involves the payment of money by persons other than Indemnitee and includes an unconditional release of Indemnitee from all liability on any matters that are the subject of such Proceeding and an acknowledgment that Indemnitee denies all wrongdoing in connection with such matters. The Company Corporation shall not be obligated to indemnify Indemnitee against amounts paid in settlement of a Proceeding against Indemnitee if such settlement is effected by Indemnitee without the CompanyCorporation’s prior written consent, which shall not be unless consent is unreasonably withheld.

Appears in 1 contract

Samples: Indemnification Agreement (Envision Healthcare Corp)

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