Change in Position. Notwithstanding any change in the position(s) shown below as held by the Indemnitee with the Company, this Agreement shall continue in full force and effect, and a new agreement between the parties hereto need not be executed and delivered as long as Indemnitee continues to serve as an officer and/or member of the Board of Directors of the Company or any subsidiary of the Company.
Appears in 3 contracts
Samples: Indemnification Agreement (Sed International Holdings Inc), Indemnification Agreement (Sed International Holdings Inc), Indemnification Agreement (Sed International Holdings Inc)
Change in Position. Notwithstanding any change in the position(s) shown below as held by the Indemnitee with the CompanyCorporation, this Agreement shall continue in full force and effect, and a new agreement Agreement between the parties hereto need not be executed and delivered delivered, as long as Indemnitee continues to serve as an officer and/or member of the Board of Directors of the Company or any subsidiary of the Company.Corporation
Appears in 1 contract
Change in Position. Notwithstanding any change in the position(s) shown below as held by the Indemnitee with the CompanyCorporation, this Agreement shall continue in full force and effect, and a new agreement between the parties hereto need not be executed and delivered as long as Indemnitee continues to serve as an officer and/or member of the Board of Directors of the Company or any subsidiary of the CompanyCorporation.
Appears in 1 contract
Samples: Indemnification Agreement (Southern Electronics Corp)
