Common use of Service by the Indemnitee Clause in Contracts

Service by the Indemnitee. The Indemnitee agrees to serve as a director or officer of the Company and will discharge his/her duties and responsibilities to the best of his/her ability so long as the Indemnitee is duly elected or qualified in accordance with the provisions of the Restated Certificate of Incorporation, as amended (the "Certificate"), and the Bylaws, as amended (the "Bylaws"), of the Company and the General Corporation Law of the State of Delaware, as amended (the "DGCL"), or until his/her earlier death, retirement, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other obligation, whether contractual or imposed by operation of law), in which event this Agreement shall continue in full force and effect after such resignation. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company, or affect the right of the Company to terminate, in the Company's sole discretion (with or without cause) and at any time, the Indemnitee's employment, in each case, subject to any contractual rights of the Indemnitee created or existing otherwise than under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Baker Hughes Inc)

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Service by the Indemnitee. The Indemnitee agrees to serve as a director or officer of the Company and will discharge his/her duties and responsibilities to the best of his/her ability so long as the Indemnitee is duly elected or qualified in accordance with the provisions of the Restated Certificate of Incorporation, as amended (the "Certificate"), and the Bylaws, as amended (the "Bylaws"), of the Company and the General Corporation Law of the State of Delaware, as amended (the "DGCL"), or until his/her earlier death, retirement, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other obligation, whether contractual or imposed by operation of law), in which event this Agreement shall continue in full force and effect after such resignation. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company, or affect the right of the Company to terminate, in the Company's ’s sole discretion (with or without cause) and at any time, the Indemnitee's ’s employment, in each case, subject to any contractual rights of the Indemnitee created or existing otherwise than under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Baker Hughes Inc)

Service by the Indemnitee. The Indemnitee agrees to serve as a director or officer of the Company and will discharge his/her duties and responsibilities to the best of his/her ability so long as the Indemnitee is duly elected or qualified in accordance with the provisions of the Restated Certificate of Incorporation, as amended (the "Certificate"), and the Bylaws, as amended (the "Bylaws"), of the Company and the General Corporation Law of the State of Delaware, as amended (the "DGCL"), or until his/her earlier death, retirement, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other obligation, whether contractual or imposed by operation of law), in which event this Agreement shall continue in full force and effect after such resignation. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company, or affect the right of the Company to terminate, in the Company's sole discretion (with or without cause) and at any time, the Indemnitee's employment, in each case, subject to any contractual rights of the Indemnitee created or existing otherwise than under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Bill Barrett Corp)

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Service by the Indemnitee. The Indemnitee agrees to serve as a director or officer of the Company and will discharge his/her duties and responsibilities to the best of his/her ability so long as the Indemnitee is duly elected or qualified in accordance with the provisions of the Restated Certificate of Incorporation, as amended (the "Certificate"), and the Bylaws, as amended (the "Bylaws"), of the Company and the General Corporation Law of the State of Delaware, as amended (the "DGCL"), or until his/her earlier death, retirement, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other obligation, whether contractual or imposed by operation of law), in which event this Agreement shall continue in full force and effect after such resignation. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company, or affect the right of the Company to terminate, in the Company's ’s sole discretion (with or without cause) and at any time, the Indemnitee's employment’s employment or position as a director, in each case, subject to any contractual rights of the Indemnitee created or existing otherwise than under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (GeoMet, Inc.)

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