Certain Matters Relating to Tyco’s Organizational Documents. For a period of six (6) years from the Final Separation Date, the Amended and Restated Certificate of Incorporation and Amended and Restated Bye-laws of Tyco shall contain provisions no less favorable with respect to indemnification than are set forth in the Amended and Restated Certificate of Incorporation and Amended and Restated Bye-laws of Tyco immediately after the Effective Time, which provisions shall not be amended, repealed or otherwise modified for a period of six (6) years from the Final Separation Date in any manner that would affect adversely the rights thereunder of individuals who, at or prior to the Relevant Time, were directors, officers, employees, fiduciaries or agents of any member of the Tyco Group or the Healthcare Group, the Electronics Group, unless such modification shall be required by Law and then only to the minimum extent required by Law.
Appears in 7 contracts
Samples: Separation and Distribution Agreement (Tyco International LTD /Ber/), Separation and Distribution Agreement (Covidien Ltd.), Separation and Distribution Agreement (Tyco Electronics Ltd.)
Certain Matters Relating to Tyco’s Organizational Documents. For a period of six (6) years from the Final Separation ADT NA Distribution Date, the Amended and Restated Certificate Articles of Incorporation Association and Amended and Restated Bye-laws Organizational Regulations of Tyco shall contain provisions no less favorable with respect to indemnification than are set forth in the Amended and Restated Certificate Articles of Incorporation Association and Amended and Restated Bye-laws Organizational Regulations of Tyco immediately after the Effective Time, which provisions shall not be amended, repealed or otherwise modified for a period of six (6) years from the Final Separation ADT NA Distribution Date in any manner that would affect adversely the rights thereunder of individuals who, at or prior to the Relevant Effective Time, were directors, officers, employees, fiduciaries or agents of any member of the Tyco Group or the Healthcare Group, the Electronics ADT North American R/SB Group, unless such modification shall be required by Law and then only to the minimum extent required by Law.
Appears in 5 contracts
Samples: Separation and Distribution Agreement (ADT, Inc.), Separation and Distribution Agreement (ADT, Inc.), Separation and Distribution Agreement (Tyco International LTD)