Examples of Indemnification Expenses in a sentence
To provide this indemnification, a majority vote of the Director Quorum, excluding Directors currently Indemnification Parties to the Indemnification Proceeding (“Indemnification Director Quorum”), must determine: (a) The Indemnification Individual met the Indemnification Standard of Conduct; and (b) Incurred reasonable Indemnification Expenses.
Indemnification Expenses incurred in defending any action or proceeding referred to in this Bylaw Article may be paid by the Cooperative in advance of the final disposition of the action or proceeding (Indemnification Advance) upon receipt of an undertaking by or on behalf of the representative to repay such Indemnification Advance if it is ultimately determined that the representative is not entitled to be indemnified by the Cooperative as authorized in this Bylaw Article or otherwise.
Provide direction to the Associate Dean/Director of the SON in prioritizing scholarship dissemination activities and avenues for increasing scholarship.
Indemnification Expenses and Indemnification Advances provided by or granted pursuant to this Bylaw Article shall not be deemed exclusive of any other rights to which an individual seeking Indemnification Expenses or Indemnification Advances may be entitled under any other Bylaw Provision, agreement, vote of Members or Directors or otherwise, both as to action in his official capacity and as to action in another capacity while holding that office.
To provide this indemnification, a majority vote of the Director Quorum, excluding Directors currently Indemnification Parties to the Indemnification Proceeding (“Indemnification Director Quorum”), must determine: (1) that theIndemnification Individual met the Indemnification Standard of Conduct; and (2) reasonable Indemnification Expenses.