MGM Studios definition
Examples of MGM Studios in a sentence
The Indemnitee is a director and/or officer of the Corporation, MGM Studios and/or an Affiliate Indemnitee (as hereinafter defined).
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Nothing in this paragraph shall require the Company and/or MGM Studios to retain any particular policy or plan, but some reasonable policy or plan shall be maintained.
Fifth Floor ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attn: Secretary If to MGM Studios: Metro-▇▇▇▇▇▇▇-▇▇▇▇▇ Studios Inc.
Prior to the issuance of any Options or shares of capital stock of the Company to any Executive of the Company, MGM Studios or any of their respective Subsidiaries, the Company shall cause such Executive to become a party to this Agreement.
Optionee and the Company hereby acknowledge ---------------- that all Common Shares of the Company are subject to and entitled to the benefits of (i) that certain Amended and Restated Shareholders Agreement dated as of August 4, 1997 (the "Shareholders Agreement") by and among the Company, ---------------------- MGM Studios, Tracinda, Seven, ▇▇.
In the event Executive becomes no longer medically or otherwise insurable at standard rates, at Executive's election, Executive may cause the Company and/or MGM Studios to obtain such insurance, in which event Executive shall pay, at his sole cost and expense, the excess of the rates being charged over standard rates, with MGM Studios and/or the Company paying toward such insurance the standard rates therefor.
Neither this Agreement nor any provisions hereof may be waived, modified, amended, changed, discharged or terminated, except by an agreement in writing signed by the party against whom enforcement of any waiver, modification, change, amendment, discharge or termination is sought; provided, however, any such writing shall not be enforceable against MGM Studios unless also signed by the Company.
The Bylaws of the Corporation requires the Corporation and the Bylaws of MGM Studios requires MGM Studios to indemnify their respective directors and officers as currently provided therein, and the Indemnitee has been serving and continues to serve as a director and/or officer of the Corporation and/or MGM Studios in part in reliance on such provisions.
In such capacities, Executive shall devote his full and undivided business time and attention to his responsibilities as Chief Executive Officer of the Company, MGM Studios and such Subsidiaries.