Common use of Claims Under Section 16(b) Clause in Contracts

Claims Under Section 16(b). To indemnify Indemnitee for Expenses arising from or in connection with any Claims for which a final decision by a court having jurisdiction in the matter determines that Indemnitee sold or purchased the Company’s securities in violation of Section 16(b) of the Exchange Act or any similar successor statute;

Claims Under Section 16(b). To indemnify Indemnitee for Expenses arising from expenses or the payment of profits on account of any suit in connection with any Claims for which a final final, unappealable decision is rendered by a court having jurisdiction in over the parties and the subject matter determines that of the dispute for an accounting of profits made from the purchase and sale by Indemnitee sold or purchased of securities of the Company’s securities Corporation in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute;.