Common use of Additional Indemnification Rights Nonexclusivity Clause in Contracts

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 Articles of Incorporation, the Company's By-laws 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 California corporation to indemnify a member of its board of directors or an officer, such changes shall be, ipso facto, within the purview of Indemnitee's rights and Company's obligations, under this Agreement. In the event of any change in any applicable law, statute or rule which narrows the right of a California corporation to indemnify a member of its Board of Directors or an officer, such changes, 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.

Appears in 2 contracts

Samples: Indemnification Agreement (Recom Managed Systems Inc De/), Indemnification Agreement (Recom Managed Systems Inc De/)

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Additional Indemnification Rights Nonexclusivity. (a) Scope. 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 Articles ’s Certificate of Incorporation, the Company's By-laws ’s Bylaws or by statute. In the event of any change, after the date of this Agreement, in any applicable law, statute statute, or rule which expands the right of a California Delaware corporation to indemnify a member of its board of directors or an officer, such changes shall be, ipso facto, within the purview of Indemnitee's ’s rights and Company's ’s obligations, under this Agreement. In the event of any change in any applicable law, statute or rule which narrows the right of a California Delaware corporation to indemnify a member of its Board board of Directors directors or an officer, such changes, 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.

Appears in 1 contract

Samples: Indemnification Agreement (FUND.COM Inc.)

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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 provi sions of this Agreement, the Company's Articles of Incorporation, the Company's By-laws 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 California corporation to indemnify a member of its board Board of directors Directors, an officer or an officerother corporate agent, such changes shall be, be ipso facto, within the purview preview of Indemnitee's rights and Company's obligations, under this Agreement. In the event of any change in any applicable law, statute or rule which narrows the right of a California corporation to indemnify a member of its Board of Directors Directors, an officer or an officerother corporate agent, such changes, 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.

Appears in 1 contract

Samples: Indemnification Agreement (Genesys Telecommunications Laboratories Inc)

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