Service by Director. The Director agrees to continue to serve as a director of the Company, provided that (i) the Director may resign at any time in the event of any change in his or the Company’s circumstances which would in his sole judgment make his resignation advisable and (ii) this Agreement shall not give the Director the right to be nominated or elected as a director of the Company or affect the right of shareholders to remove him or the rights of the Company or shareholders to seek judicial removal of the Director.
Appears in 9 contracts
Samples: Indemnification Agreement (J. Alexander's Holdings, Inc.), Indemnification Agreement (J. Alexander's Holdings, Inc.), Indemnification Agreement (J. Alexander's Holdings, Inc.)
Service by Director. The Director agrees to continue to serve as a director of the Company, provided that (i) Company for so long as he or she is duly elected or appointed or until the Director may resign at any effective time in the event of any change in his or her resignation in accordance with the Company’s circumstances which would in his sole judgment make his resignation advisable charter and (ii) bylaws. Notwithstanding anything herein to the contrary, this Agreement shall not give provide the Director the right to be nominated or elected as a director of the Company or affect the right of the Company’s shareholders to remove him or her or the rights of the Company or shareholders to seek judicial removal of the Director.
Appears in 1 contract
Samples: Indemnification Agreement (King Pharmaceuticals Inc)
