Common use of Continuity of Rights Clause in Contracts

Continuity of Rights. The right of the Indemnitee to indemnification and advancement of expenses under this Agreement shall (a) continue after the Indemnitee has ceased to serve in a capacity which would entitle the Indemnitee to indemnification or advancement of expenses pursuant to this Agreement with respect to acts or omissions occurring prior to such cessation, (b) inure to the benefit of the heirs, executors and administrators of the Indemnitee, (c) apply with respect to acts or omissions occurring prior to the execution and delivery of this Agreement to the fullest extent permitted by law, and (d) survive any restrictive amendment or termination of this Agreement with respect to events occurring prior thereto.

Appears in 3 contracts

Samples: Indemnification Agreement (TREES Corp (Colorado)), Indemnification Agreement (Icon CMT Corp), Indemnification Agreement (Id Systems Inc)

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Continuity of Rights. (a) The right of the Indemnitee to indemnification and advancement of expenses Expenses under this Agreement shall (ai) continue after the Indemnitee has ceased to serve in a any capacity which would entitle the Indemnitee to indemnification or advancement of expenses Expenses pursuant to this Agreement with respect to acts or omissions occurring prior to such cessation, (bii) inure to the benefit of the heirs, executors and administrators of the Indemnitee, (ciii) apply with respect to acts or omissions occurring prior to the execution and delivery of this Agreement to the fullest extent permitted by law, law and (div) survive any restrictive amendment or termination of this Agreement with respect to events occurring prior thereto.

Appears in 1 contract

Samples: Indemnification Agreement (Frederick's of Hollywood Group Inc /Ny/)

Continuity of Rights. (a) The right of the Indemnitee to indemnification and advancement of expenses under this Agreement shall (ai) continue after the Indemnitee has ceased to serve in a capacity which would entitle the Indemnitee to indemnification or advancement of expenses pursuant to this Agreement with respect to acts or omissions occurring prior to such cessation, (bii) inure to the benefit of the heirs, executors and administrators of the Indemnitee, (ciii) apply with respect to acts or omissions occurring prior to the execution and delivery of this Agreement to the fullest extent permitted by law, law and (div) survive any restrictive amendment or termination of this Agreement with respect to events occurring prior theretoto such amendment or termination.

Appears in 1 contract

Samples: Indemnification Agreement (Western Goldfields Inc)

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Continuity of Rights. The right of the Indemnitee to indemnification and advancement of expenses under this Agreement shall (ai) continue after the Indemnitee has ceased to serve in a capacity which would entitle the Indemnitee to indemnification or advancement of expenses pursuant to this Agreement with respect to acts or omissions occurring prior to such cessation, (bii) inure to the benefit of the heirs, executors and administrators of the Indemnitee, (ciii) apply with respect to acts or omissions occurring prior to the execution and delivery of this Agreement to the fullest extent permitted by law, and (d) survive any restrictive amendment or termination of this Agreement with respect to events occurring prior thereto.

Appears in 1 contract

Samples: Indemnification Agreement (American Medical Alert Corp)

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