Common use of Additional Indemnification Rights Clause in Contracts

Additional Indemnification Rights. 14.1 Notwithstanding any other provision of this Agreement, the Corporation hereby agrees to indemnify the Indemnitee to the fullest extent permitted by applicable law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Articles of Incorporation, the By-Laws or by statute. 14.2 To the extent that a change in applicable law (whether by statute or judicial decision), permits greater indemnification than would be afforded currently under the Articles of Incorporation, the By-Laws and this Agreement, it is the intent of the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefit so afforded by such change. 14.3 In the event of any change in any applicable law, statute or rule which narrows the right of a Nevada 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.

Additional Indemnification Rights. 14.1 13.1 Notwithstanding any other provision of this Agreement, the Corporation hereby agrees to indemnify the Indemnitee to the fullest extent permitted by applicable law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Articles of Incorporation, the By-Laws Bylaws or by statute. 14.2 13.2 To the extent that a change in applicable law (whether by statute or judicial decision), permits greater indemnification than would be afforded currently under the Articles of Incorporation, the By-Laws Bylaws and this Agreement, it is the intent of the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefit so afforded by such change. 14.3 13.3 In the event of any change in any applicable law, statute or rule which narrows the right of a Nevada Florida 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.

Additional Indemnification Rights. 14.1 13.1 Notwithstanding any other provision of this Agreement, the Corporation hereby agrees to indemnify the Indemnitee to the fullest extent permitted by applicable law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Articles of Incorporation, the By-Laws or by statute. 14.2 13.2 To the extent that a change in applicable law (whether by statute or judicial decision), permits greater indemnification than would be afforded currently under the Articles of Incorporation, the By-Laws and this Agreement, it is the intent of the parties hereto that the Indemnitee shall enjoy by this Agreement the greater benefit so afforded by such change. 14.3 13.3 In the event of any change in any applicable law, statute or rule which narrows the right of a Nevada Florida 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.