Common use of Continued Indemnification Clause in Contracts

Continued Indemnification. The indemnification provisions for Officers and Directors under the Corporation's bylaws and Directors and Officers Liability Insurance shall (to the maximum extent permitted by law) be extended to the Executive during the period following his resignation or termination of employment for any reason (other than a Termination for Cause), whether or not in connection with a Change in Control, with respect to all matters, events or transactions occurring or effected during the Executive's period of employment with the Corporation.

Appears in 5 contracts

Samples: Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc)

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Continued Indemnification. The indemnification provisions for Officers and Directors under the Corporation's ’s bylaws and Directors and Officers Liability Insurance shall (to the maximum extent permitted by law) be extended to the Executive during the period following his resignation or termination of employment for any reason (other than a Termination for Cause), whether or not in connection with a Change in Control, with respect to all matters, events or transactions occurring or effected during the Executive's ’s period of employment with the Corporation.

Appears in 2 contracts

Samples: Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc)

Continued Indemnification. The indemnification provisions for Officers and Directors under the Corporation's ’s bylaws and Directors and Officers Liability Insurance shall (to the maximum extent permitted by law) be extended to remain in effect for Executive following the Executive during the period following his resignation or termination of employment for any reason (other than a Termination for Cause), whether or not in connection with a Change in Control, Date with respect to all matters, events or transactions occurring or effected during the Executive's ’s period of employment with the Corporation.

Appears in 1 contract

Samples: Separation Agreement (Legato Systems Inc)

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Continued Indemnification. The indemnification provisions for Officers and Directors under the Corporation's ’s bylaws and the Directors and Officers Liability Insurance Policy (if any) shall (to the maximum extent permitted by law) be extended to the Executive during the period following his resignation or termination of employment for any reason (other than a Termination for Cause), whether or not in connection with a Change in Control, with respect to all matters, events or transactions occurring or effected during the Executive's ’s period of employment with the CorporationCompany. The indemnification coverage provided by this Paragraph 25 shall survive any termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Mercury Interactive Corp)

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