Common use of Benefit Plan Conduct Clause in Contracts

Benefit Plan Conduct. The Indemnitee's conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 28 contracts

Samples: Indemnification Agreement (Lets Talk Cellular & Wireless Inc), Indemnification Agreement (Sunglass Hut International Inc), Indemnification Agreement (Sportsline Usa Inc)

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Benefit Plan Conduct. The Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 5 contracts

Samples: Indemnification Agreement (Metropolitan Health Networks Inc), Indemnification Agreement (21st Century Holding Co), Indemnification Agreement (Terremark Worldwide Inc)

Benefit Plan Conduct. The Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he the Indemnitee reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the CompanyCorporation.

Appears in 4 contracts

Samples: Indemnification Agreement (CLS Holdings USA, Inc.), Indemnification Agreement (CLS Holdings USA, Inc.), Indemnification Agreement (CLS Holdings USA, Inc.)

Benefit Plan Conduct. The Indemnitee's conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the CompanyCorporation.

Appears in 3 contracts

Samples: Indemnification Agreement (Sagemark Companies LTD), Indemnification Agreement (Sagemark Companies LTD), Indemnification Agreement (Netspeak Corp)

Benefit Plan Conduct. The Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he the Indemnitee reasonably believed to be in the best interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 3 contracts

Samples: Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.)

Benefit Plan Conduct. The Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he the Indemnitee reasonably believed to be in the best interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the CompanyCorporation.

Appears in 2 contracts

Samples: Indemnification Agreement (Paradise Inc), Indemnification Agreement (Perry Ellis International, Inc)

Benefit Plan Conduct. The Indemnitee's conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed presumed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Equity One Inc)

Benefit Plan Conduct. The Indemnitee's conduct with respect to an employee benefit plan for a purpose he the Indemnitee reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Pediatrix Medical Group Inc)

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Benefit Plan Conduct. The Indemnitee's conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.. 4.3

Appears in 1 contract

Samples: Form of Indemnification Agreement (Capital Bancorp/Fl)

Benefit Plan Conduct. The Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he the Indemnitee reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Castle Brands Inc)

Benefit Plan Conduct. The Indemnitee's conduct with respect to an ' employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the Indemnitee reasonably believed to be not opposed to the best interests of the Company.

Appears in 1 contract

Samples: Separation Agreement (Railamerica Inc /De)

Benefit Plan Conduct. The An Indemnitee's ’s conduct with respect to an employee benefit plan for a purpose he reasonably believed to be in the interests of the participants in and beneficiaries of the plan shall be deemed to be conduct that the such Indemnitee reasonably believed to be not opposed to the best interests of the CompanyCoachmen.

Appears in 1 contract

Samples: Director Indemnification Agreement (Coachmen Industries Inc)

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