Agreement Valid. Both the Company and Indemnitee shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company and Indemnitee are bound by all the provisions of this Agreement.
Appears in 5 contracts
Samples: Indemnification Agreement (Worthington Enterprises, Inc.), Indemnification Agreement (Worthington Enterprises, Inc.), Indemnification Agreement (Worthington Steel, Inc.)
Agreement Valid. Both the Company and Indemnitee shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company and the Indemnitee are bound by all the provisions of this Agreement.
Appears in 2 contracts
Samples: Indemnification Agreement (Worthington Steel, Inc.), Indemnification Agreement (Worthington Industries Inc)
Agreement Valid. Both the Company and the Indemnitee shall be precluded from asserting in any judicial proceeding commenced pursuant to this Section 7 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court that the Company and the Indemnitee are bound by all the provisions of this Agreement.
Appears in 1 contract