Common use of Company Indemnification and Insurance Clause in Contracts

Company Indemnification and Insurance. (a) Except for acts or omissions of a Member Representative or an Officer outside the scope of authority of such Member Representative or Officer, or failing to meet the standard of conduct set forth in Section 9.3 the Company will indemnify, to the fullest extent permitted by Law and the Act, any current or former Member Representative or Officer who was or is a party, or is threatened to be made a party, to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or for the right of the Company), by reason of the fact that such person:

Appears in 4 contracts

Samples: Limited Liability Company Agreement (BioAmber Inc.), Limited Liability Company Agreement (BioAmber Inc.), Limited Liability Company Agreement (BioAmber Inc.)

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