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

Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 4 contracts

Samples: Indemnification Agreement (Fantex, Inc.), Indemnification Agreement (Fantex, Inc.), Indemnification Agreement (Kythera Biopharmaceuticals Inc)

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Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses Expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Accuray Inc)

Claims Under Section 16(b). To indemnify, exonerate or hold harmless Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmless, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Opentable Inc)

Claims Under Section 16(b). To indemnify, exonerate or hold harmless indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d10(c) regarding the Company’s obligation to provide indemnification or exoneration or hold harmlessindemnification, Indemnitee shall be entitled under Section 3 hereof to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Verso Corp)

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Claims Under Section 16(b). To indemnify, exonerate or hold harmless indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or any similar successor statute; provided, however, that notwithstanding any limitation set forth in this Section 10(d9(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmlessindemnification, Indemnitee shall be entitled under Section 3 hereof 5 to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Vail Resorts Inc)

Claims Under Section 16(b). To indemnify, exonerate or hold harmless indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or any similar successor statutestatute if the Company is subject to the informational requirements of the Exchange Act and the provisions of Section 16(b) of the Exchange Act; provided, however, that notwithstanding any limitation set forth in this Section 10(d8(d) regarding the Company’s obligation to provide indemnification or exoneration or hold harmlessand subject to Section 1(b), Indemnitee shall be entitled under Section 3 hereof 2 to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute.

Appears in 1 contract

Samples: Indemnification Agreement (Semiconductor Manufacturing International Corp)

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