Common use of Continuation of Indemnification and Advancement of Expenses Clause in Contracts

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 6 contracts

Samples: Merger Agreement (Iec Electronics Corp), License Agreement (Abpro Corp), Loan and Security Agreement (Imprivata Inc)

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Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 4 contracts

Samples: Merger Agreement (SomaLogic, Inc.), Merger Agreement (Applied Genetic Technologies Corp), Merger Agreement (Arsanis, Inc.)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V Section 4.5 shall continue as to a person who has ceased to be a Manager, director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (Black Knight, Inc.), Limited Liability Company Agreement (Black Knight, Inc.)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, by or granted pursuant to, this Article V IX shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 2 contracts

Samples: Merger Agreement (Datawatch Corp), Merger Agreement (Altair Engineering Inc.)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V Section shall continue as to a person who has ceased to be a director, manager, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 1 contract

Samples: Operating Agreement (Zoom Technologies Inc)

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Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V 10 shall continue as to a person Person who has ceased to be a directorManager, officer, employee employee, controlling person or agent and shall inure to the benefit of the heirs, executors executors, administrators and administrators successors of such a personPerson.

Appears in 1 contract

Samples: Operating Agreement (Xethanol Corp)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V 14 shall continue as to a person who has ceased to be a director, officer, officer employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 1 contract

Samples: Investment Agreement (Groundwater Technology Inc)

Continuation of Indemnification and Advancement of Expenses. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article V shall VII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.

Appears in 1 contract

Samples: Merger Agreement (Raindance Communications Inc)

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