Common use of Standard of Proof Clause in Contracts

Standard of Proof. In making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination shall presume that Indemnitee has acted in Good Faith. The Company shall indemnify Indemnitee unless, and only to the extent that, the Company shall prove by clear and convincing evidence to the person or persons or entity making such determination that Indemnitee has not acted in Good Faith.

Appears in 4 contracts

Samples: Indemnification Agreement (Seachange International Inc), Indemnification Agreement (Seachange International Inc), Indemnification Agreement (Seachange International Inc)

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