Common use of Acknowledgement Regarding Indemnification Clause in Contracts

Acknowledgement Regarding Indemnification. The Company and the Executive expressly acknowledge and agree that the Executive shall, at all times during the Term of this Agreement, be deemed to be and qualify as an “executive officer” for purposes of Article XI of the Company’s bylaws as in effect as of the Effective Date and shall be entitled to all of the rights and remedies relating to the indemnification of executive officers of the Company pursuant thereto.

Acknowledgement Regarding Indemnification. The Company and the Executive expressly acknowledge and agree that the Executive shall, at all times during the Term of this Agreement, be deemed to be and qualify as an “executive officer” for purposes of Article XI IX of the Company’s bylaws as in effect as of the Effective Date and shall be entitled to all of the rights and remedies relating to the indemnification of executive officers of the Company pursuant thereto.

Acknowledgement Regarding Indemnification. The For the avoidance of doubt, the Company and the Executive expressly acknowledge and agree that the Executive shall, at all times during the Term of this Agreement, be deemed to be and qualify as an “executive officer” for purposes of Article XI of the Company’s bylaws as in effect as of the Effective Date and shall be entitled to all of the rights and remedies relating to the indemnification of executive officers of the Company pursuant thereto.

Acknowledgement Regarding Indemnification. The Company and the Executive expressly acknowledge and agree that the Executive shall, for the period during which the Executive serves as a member of the Board, be deemed to be and qualify as a “director” and, at all times during the Term of this Agreement, be deemed to be and qualify as an “executive officer” ”, in each case, for purposes of Article XI IX of the Company’s bylaws as in effect as of the Effective Date and shall be entitled to all of the rights and remedies relating to the indemnification of executive directors and officers of the Company pursuant thereto.

Acknowledgement Regarding Indemnification. For the avoidance of doubt, The Company and the Executive expressly acknowledge and agree that the Executive shall, at all times during the Term of this Agreement, be deemed to be and qualify as an “executive officer” for purposes of Article XI of the Company’s bylaws as in effect as of the Effective Date and shall be entitled to all of the rights and remedies relating to the indemnification of executive officers of the Company pursuant thereto.