Common use of Employment Rights and Duties Clause in Contracts

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation and By-laws of the Company or any subsidiary of the Company and until such time as Indemnitee resigns or fails to stand for election or until Indemnitee's employment, if any, terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 15 contracts

Samples: Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co)

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Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Restated Certificate of Incorporation (the "Certificate") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 8 contracts

Samples: Indemnification Agreement (Nanogen Inc), Indemnification Agreement (Nanogen Inc), Indemnification Agreement (Nanogen Inc)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate Articles of Incorporation (the “Articles”) and By-laws Bylaws (the “Bylaws”) of the Company or any subsidiary of the Company and until such time as Indemnitee he or she resigns or fails to stand for election or until Indemnitee's employment, if any, his or her employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 4 contracts

Samples: Indemnification Agreement, Indemnification Agreement (Neah Power Systems, Inc.), Indemnification Agreement (Axesstel Inc)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he or she is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation and By-laws Bylaws (the “Bylaws”) of the Company or any subsidiary of the Company and until such time as Indemnitee he or she resigns or fails to stand for election or until Indemnitee's employment, if any, his or her employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 3 contracts

Samples: Indemnification Agreement (SVB Financial Group), Indemnification Agreement (Silicon Valley Bancshares), Indemnification Agreement (SVB Financial Group)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate Declaration of Incorporation Trust and By-laws Bylaws of the Company or any subsidiary of the Company and until such time as Indemnitee resigns or fails to stand for election or until Indemnitee's employment, if any, terminates. Indemnitee may from time to time also perform other services at the requestrequest of, or for the convenience of, or otherwise benefiting benefiting, the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company right to indemnification shall have no obligation under continue only as set forth in this Agreement to continue Indemnitee in any such positionAgreement.

Appears in 3 contracts

Samples: Form of Indemnification Agreement (Integrity Managed Portfolios), Form of Indemnification Agreement (Viking Mutual Funds), Form of Indemnification Agreement (Integrity Funds)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Restated Certificate of Incorporation (the “Certificate”) and By-laws Bylaws (the “Bylaws”) of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 3 contracts

Samples: Indemnification Agreement (Nanogen Inc), Indemnification Agreement (Heska Corp), Indemnification Agreement (Nanogen Inc)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation (the "Certificate") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 2 contracts

Samples: Indemnification Agreement (Clean Energy Fuels Corp.), Indemnification Agreement (Network Solutions Inc /De/)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation and By-laws Bylaws of the Company or any subsidiary of the Company and until such time as Indemnitee resigns or fails to stand for election or until Indemnitee's ’s employment, if any, terminates. Indemnitee may from time to time also perform other services at the requestrequest of, or for the convenience of, or otherwise benefiting benefiting, the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company right to indemnification shall have no obligation under continue only as set forth in this Agreement to continue Indemnitee in any such positionAgreement.

Appears in 2 contracts

Samples: Indemnification Agreement (QEP Midstream Partners, LP), Indemnification Agreement (Qep Resources, Inc.)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation and By-laws of the Company or any subsidiary of the Company and until such time as Indemnitee resigns or fails to stand for election or until Indemnitee's ’s employment, if any, terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 2 contracts

Samples: Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co)

Employment Rights and Duties. Subject to any other obligations imposed ---------------------------- on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation (the "Certificate") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Indemnification Agreement (Copper Mountain Networks Inc)

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Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate Articles of Incorporation (the "Articles") and By-laws of Bylaws (the Company or any subsidiary "Bylaws") of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Indemnification Agreement (Mevc Delta Life Sciences Fund I Inc)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation (the "Certificate") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's his employment, if any, terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Signalsoft Corp)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate Articles of Incorporation (the "Articles") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Indemnification Agreement (Critical Path Inc)

Employment Rights and Duties. Subject to any other obligations imposed on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate of Incorporation (the "Certificate") and By-laws of Bylaws (the Company or any subsidiary "Bylaws") of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Indemnification Agreement (Mevc Draper Fisher Jurvetson Fund I Inc)

Employment Rights and Duties. Subject to any other obligations imposed ---------------------------- on either of the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution, Indemnitee agrees to serve as a director or officer so long as Indemnitee he is duly appointed or elected and qualified in accordance with the applicable provisions of the Certificate Amended and Restated Articles of Incorporation (the "Articles") and By-laws Bylaws (the "Bylaws") of the Company or any subsidiary of the Company and until such time as Indemnitee he resigns or fails to stand for election or until Indemnitee's employment, if any, his employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue Indemnitee in any such position.

Appears in 1 contract

Samples: Indemnification Agreement (Purchasepro Com Inc)

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