Common use of Claims Under Section 16(b) Clause in Contracts

Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 4 contracts

Samples: Form of Indemnification Agreement (Fantex, Inc.), Form of Indemnification Agreement (Fantex, Inc.), Indemnification Agreement (Kythera Biopharmaceuticals Inc)

AutoNDA by SimpleDocs

Claims Under Section 16(b). To indemnify, exonerate or hold harmless indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or any similar successor statutestatute if the Company is subject to the informational requirements of the Exchange Act and the provisions of Section 16(b) of the Exchange Act; provided, however, that notwithstanding any limitation set forth in this Section 10(d8(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmlessand subject to Section 1(b), Indemnitee shall be entitled under Section 3 hereof 2 to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Semiconductor Manufacturing International Corp)

Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Opentable Inc)

AutoNDA by SimpleDocs

Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses Expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Amended and Restated Indemnification Agreement (Accuray Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.