Indemnification Rights definition

Indemnification Rights means the rights of each Indemnitee to be defended, to be indemnified, reimbursed and held harmless from and against Losses and Expenses, and to receive advances of Expenses, in each case as, to the extent and under the circumstances specifically provided in this Article.
Indemnification Rights means all rights, if any, as to which a Person or Entity asserts or possesses based upon Corporate Indemnities.

Examples of Indemnification Rights in a sentence

  • The Company and you acknowledge and agree that each party has continuing obligations to the other party under the Employment Agreement, the Indemnification Rights, and Equity Plan and Equity Agreements.

  • Accordingly, the Company and you acknowledge and agree that, to the extent expressly provided in each agreement, the Employment Agreement, Indemnification Rights and Equity Plan and Equity Agreements shall remain in full force and effect in accordance with their respective terms.

  • Except as provided in Section 6.11 of this Article, the Indemnification Rights of any Indemnitee shall not apply to any Proceeding (or part thereof) initiated by such Indemnitee unless such Proceeding (or part thereof) was approved by the Board in advance.

  • The Indemnification Rights of each Indemnitee are each subject to the Indemnitee's satisfaction of the applicable standards of Proper Conduct .

  • The Indemnification Rights of each Indemnitee shall not be exclusive of any other right that any Indemnitee, Representative or other person may have or hereafter acquire under any statute, the Corporation's Certificate of Incorporation, these By-Laws, any employment or other agreement, any vote of stockholders or disinterested directors, or otherwise.


More Definitions of Indemnification Rights

Indemnification Rights means all rights, if any, that any Person asserts or possesses based on the Corporate Indemnities.
Indemnification Rights has the meaning given such term in Section 3.1(c).
Indemnification Rights. As such term is defined in Section 6.10.
Indemnification Rights means any obligations or rights of County Seat to indemnify or contribute to the losses, liabilities or expenses of an Indemnitee pursuant to County Seat's certificate of incorporation, bylaws or policy of providing employee indemnification, or applicable state law or specific agreement in respect of any claims, demands, suits, causes of action or proceedings against an Indemnitee based upon any act or omission related to an Indemnitee's service with, for or on behalf of County Seat.
Indemnification Rights means any obligations or rights of one or more of the Reorganizing Debtors or Reorganized Debtors to indemnify, reimburse, advance or contribute to the losses, liabilities or expenses of an Indemnitee pursuant to any Reorganizing Debtors’ articles of incorporation, bylaws, or policy of providing employee indemnification, or other applicable law or specific agreement in respect of any claims, demands, suits, causes of action or proceedings against an Indemnitee based upon any act or omission related to an Indemnitee’s service with, for or on behalf of the Reorganizing Debtors.
Indemnification Rights means Pham’s right to advancement of expenses and indemnification pursuant to the DGCL, the Charter Documents and/or the Undertaking.