Common use of Determination of Entitlement to Indemnification Clause in Contracts

Determination of Entitlement to Indemnification. It is the intention of the parties that this Agreement provide the Indemnitee with rights to indemnification that are as favorable as may be permitted by Delaware law and the public policy of the State of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event that there is any question as to whether the Indemnitee is entitled to indemnification under this Agreement.

Appears in 4 contracts

Samples: Indemnification Agreement (Woodside Homes, Inc.), Indemnification Agreement (Red Rock Resorts, Inc.), Director Indemnification Agreement (Lehman Brothers Holdings Inc)

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Determination of Entitlement to Indemnification. It is the intention of the parties that this Agreement provide the Indemnitee with rights to indemnification that are as favorable as may be permitted by Delaware law and the public policy of the State of DelawareDelaware by virtue of Section 13 of the Xxxxxxxx Islands Business Corporations Act. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event that there is any question as to whether the Indemnitee is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Eagle Bulk Shipping Inc.)

Determination of Entitlement to Indemnification. It is the intention of the parties that this Agreement provide the Indemnitee Xxxxxx with rights to indemnification that are as favorable as may be permitted by Delaware law and the public policy of the State of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event that there is any question as to whether the Indemnitee Xxxxxx is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Agreement (GigOptix, Inc.)

Determination of Entitlement to Indemnification. It is the intention intent of the parties that this Agreement provide to secure for the Indemnitee with rights to indemnification of indemnity that are as favorable as may be permitted by Delaware law under the DGCL and the public policy of the State of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event that there is of any question as to whether the Indemnitee is entitled to indemnification under this Agreement.:

Appears in 1 contract

Samples: Agreement (Corporate Executive Board Co)

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Determination of Entitlement to Indemnification. It is the intention intent of the parties that this Agreement provide the to secure for Indemnitee with rights to indemnification of indemnity that are as favorable as may be permitted by Delaware under the law and the public policy of the State state of Delaware. Accordingly, the parties agree that the following procedures and presumptions shall apply in the event that there is of any question as to whether the Indemnitee is entitled to indemnification under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Progenics Pharmaceuticals Inc)

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