Continued Service. The Indemnitee will serve or continue to serve as a director or an officer of the Company or in each such Authorized Capacity of or for Another Entity, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position.
Appears in 2 contracts
Samples: Indemnification Agreement (Global Industries LTD), Indemnification Agreement (Global Industries LTD)
Continued Service. The Indemnitee will serve or continue to serve as a director or and/or an officer of the Company or and/or in each such Authorized Capacity of or for Another EntityEntity in which he or she presently serves, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position2 2.
Appears in 2 contracts
Samples: Indemnification Agreement (Vista Energy Resources Inc), Indemnification Agreement (Presidio Oil Co)
Continued Service. The Indemnitee will serve or continue to serve as a director or and/or an officer of the Company or and/or in each such Authorized Capacity of or for Another EntityEntity in which he or she presently serves, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position.
Appears in 2 contracts
Samples: Form of Indemnification Agreement (Forum Group Inc), Form of Indemnification Agreement (Forum Group Inc)
Continued Service. The Indemnitee will serve or continue to serve as a director or an officer of the Company (or both) or in each such Authorized Capacity of or for Another EntityEntity in which the Indemnity presently serves (or both), as well as in such additional Authorized Capacities for the 2 Company or Another Entity as the Board of Directors of the Company (the "Board") may request, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position.
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Continued Service. The Indemnitee will serve or continue to serve serve, at the will of the Company and under separate contract, if such exists, as a director or and/or an officer of the Company or in each such Authorized Capacity of or for Another Entity, in each case so long as he or she [he/she] is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither accordance with the Company nor any affiliate Bylaws of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such positionor until [he/she] tenders [his/her] resignation.
Appears in 1 contract
Samples: Indemnity Agreement (Investools Inc)
Continued Service. The Indemnitee will shall serve or continue to serve as a director or an and/or officer of the Company or in each such Authorized Capacity of or for Another Entity, in each case so long as he or she [he/she] is duly elected and qualified to serve in such capacity accordance with the Regulations or until he or she [he/she] resigns in writing or is removed. The Indemnitee may at any time and for any reason resign removed from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee office in any such positionaccordance with applicable law.
Appears in 1 contract
Samples: Director and Officer Indemnification Agreement (Lamson & Sessions Co)
Continued Service. The Indemnitee will serve or continue to serve as a ----------------- director or and/or an officer of the Company or and/or in each such Authorized Capacity of or for Another EntityEntity in which he or she presently serves, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position.
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Continued Service. The Indemnitee will serve or continue to serve as a ----------------- director or and/or an officer of the Company or and/or in each such Authorized Capacity of or for Another Entity, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such position.
Appears in 1 contract
Samples: 6 Indemnification Agreement (Homegate Hospitality Inc)
Continued Service. The Indemnitee will serve or continue to serve as a director or and/or an officer of the Company or and/or in each such Authorized Capacity of or for Another EntityEntity in which he or she presently serves, in each case so long as he or she is duly elected and qualified to serve in such capacity or until he or she resigns or is removed. The Indemnitee may at any , or, in the case of service to Midland, until such time and for any reason resign from such position (subject to any contractual obligations which Indemnitee shall as the transactions contemplated by the Merger Agreement have assumed apart from this Agreement) and neither the Company nor any affiliate of the Company shall have any obligation under this Agreement to continue the Indemnitee in any such positionoccurred.
Appears in 1 contract
Samples: Indemnification Agreement (Vista Energy Resources Inc)