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 62 contracts

Samples: Officer Indemnification Agreement (Sally Beauty Holdings, Inc.), Indemnification Agreement (Startek, Inc.), Director Indemnification Agreement (Warner Music Group Corp.)

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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: Indemnity Agreement (Rudolph Technologies Inc), Indemnification Agreement (Qualtrics International Inc.), Indemnity Agreement (Onto Innovation 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: Indemnification Agreement (Emergency Medical Services CORP), Indemnification Agreement (Emergency Medical Services CORP), 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 (Synaptogenix, Inc.), Indemnification Agreement (ArriVent Biopharma, Inc.), Indemnification Agreement (ArriVent Biopharma, 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 (Chegg, Inc), Indemnity Agreement (Marin Software Inc), Indemnity Agreement (Energous 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, 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 (Trestle Transport, Inc.), Indemnity Agreement (ArcSight 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, LLC), Form of Indemnification Agreement (N-Able, Inc.), 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, 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 (Aldexa 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 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 (Symantec Corp), Indemnification Agreement (Dexcom Inc), Indemnification Agreement (Dexcom 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, 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 (Advanced Disposal Services, Inc.), Indemnity Agreement (Advanced Disposal Services, Inc.), Indemnity Agreement (Affinion Group Holdings, 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 Finance Holdings S.A.), Indemnification Agreement (Ardagh Metal Packaging S.A.)

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 Deed 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 that if a Change in Control has occurred and the Company has not provided such consent, which the Company shall not submit the terms of such settlement to Independent Counsel and the Company shall be liable for indemnification of Indemnitee for amounts paid in such settlement if 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 Deed 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: Presbia PLC (Presbia PLC), Presbia PLC

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 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)

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 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)

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