Claims Under Section 16(b). The Company shall not be obligated to 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 amended, or any similar successor statute.
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Samples: Indemnity Agreement (Avalonbay Communities Inc), Indemnity Agreement (Avalonbay Communities Inc), Indemnification Agreement (Avalonbay Communities Inc)
Claims Under Section 16(b). The Company shall will not be obligated to indemnify 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.
Appears in 1 contract
Samples: Indemnification & Liability (Vitro Biopharma, Inc.)
Claims Under Section 16(b). The Notwithstanding any other provision herein to the contrary, the Company shall not be obligated obliged to indemnify the Indemnitee for expenses and the payment payments of profits arising from the purchase and sale by the Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute.
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