Common use of Additional Indemnification Rights Nonexclusivity Clause in Contracts

Additional Indemnification Rights Nonexclusivity. Scope. the Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereof.

Appears in 11 contracts

Samples: Indemnification Agreement (E Loan Inc), E (E Loan Inc), Form of Indemnification Agreement (E Loan Inc)

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Additional Indemnification Rights Nonexclusivity. Scope. the The Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereof.

Appears in 2 contracts

Samples: Indemnification Agreement (Digital Video Systems Inc), Indemnification Agreement (Pharmacyclics Inc)

Additional Indemnification Rights Nonexclusivity. Scope. (a) Except as provided in Section 13.3(b) hereof, the Company hereby agrees to indemnify the Indemnitee Executive to the fullest extent permitted by law, notwithstanding that such indemnification is may not be specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, it is the intent and agreement of the parties hereto that Indemnitee Executive shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 2 contracts

Samples: Employment Agreement (Adsero Corp), Employment Agreement (Adsero Corp)

Additional Indemnification Rights Nonexclusivity. Scope. the a. The Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that even if such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which that expands the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, controlling person, agent or fiduciary, it is the intent of the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change after the date of this Agreement in any applicable law, statute or rule which that narrows the right ability or authority of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such change, change (to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, ) shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (Nationsrent Companies Inc), Amended and Restated Indemnification Agreement (Nationsrent Companies Inc)

Additional Indemnification Rights Nonexclusivity. Scope. the (a) The Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's ’s Certificate of Incorporation, the Company's ’s Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Encore Wire Corp)

Additional Indemnification Rights Nonexclusivity. Scope. (a) Except as provided in Section 12(b) hereof, the Company hereby agrees to indemnify the Indemnitee Executive to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, it is the intent and agreement of the parties hereto that Indemnitee Executive shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 1 contract

Samples: Employment Agreement (Ab Watley Group Inc)

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Additional Indemnification Rights Nonexclusivity. Scope. (a) Except as provided in Section 13(b) hereof, the Company hereby agrees to indemnify the Indemnitee Executive to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, it is the intent and agreement of the parties hereto that Indemnitee Executive shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 1 contract

Samples: Employment Agreement (Assure Energy Inc)

Additional Indemnification Rights Nonexclusivity. (a) Scope. Notwithstanding any other provision of this Agreement, the ----- Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's Certificate of Incorporation, the Company's Bylaws or by statute. In the event of any change change, after the date of this Agreement Agreement, in any applicable law, statute or rule which expands the right of a Delaware corporation to indemnify a member of its board of directors or an officer, employeesuch changes shall be, agent or fiduciaryipso facto, it is within the intent purview of the parties hereto that Indemnitee shall enjoy by Indemnitee's rights and Company's obligations, under this Agreement the greater benefits afforded by such changeAgreement. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such changechanges, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, Agreement shall have no effect on this Agreement or the parties' , rights and obligations hereunder except as set forth in Section 10(a) hereofhereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Trylon Corp)

Additional Indemnification Rights Nonexclusivity. Scope. the The Company hereby agrees to indemnify the Indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company's ’s Certificate of Incorporation, the Company's ’s Bylaws or by statute. In the event of any change after the date of this Agreement in any applicable law, statute or rule which expands the right of a Delaware Colorado corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change. In the event of any change in any applicable law, statute or rule which narrows the right of a Delaware Colorado corporation to indemnify a member of its board Board of directors Directors or an officer, employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties' rights and obligations hereunder except as set forth in Section 10(a8(a) hereof.

Appears in 1 contract

Samples: Indemnification Agreement (Pro Dex Inc)

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