Common use of Director Benefits Clause in Contracts

Director Benefits. The Existing Designees and any Additional Designee will be entitled to the same director benefits as other members of the Board, including (a) compensation for such director’s service as a director and reimbursement for such director’s expenses on the same basis as all other non-employee directors of Company; (b) equity-based compensation grants and other benefits, if any, on the same basis as all other non-employee directors of Company; and (c) the same rights of indemnification and directors’ and officers’ liability insurance coverage as the other non-employee directors of Company as such rights may exist from time to time.

Appears in 2 contracts

Samples: Letter Agreement (VIEX Capital Advisors, LLC), Letter Agreement (A10 Networks, Inc.)

AutoNDA by SimpleDocs

Director Benefits. The Existing Designees Designee and any Additional Designee will be entitled to the same director benefits as other members of the Board, including (a) compensation for such director’s service as a director and reimbursement for such director’s expenses on the same basis as all other non-employee directors of Company; (b) equity-based compensation grants and other benefits, if any, on the same basis as all other non-employee directors of Company; and (c) the same rights of indemnification and directors’ and officers’ liability insurance coverage as the other non-employee directors of Company as such rights may exist from time to time.

Appears in 1 contract

Samples: Director Appointment Agreement (A10 Networks, Inc.)

Director Benefits. The Existing Designees and any Additional Designee will each be entitled to the same director benefits as other non-employee members of the Board, including (a) compensation for such directorDesignee’s service as a director and reimbursement for of such directorDesignee’s expenses on the same basis as all other non-employee directors of Company; (b) equity-based compensation grants and other benefits, if 4883-0158-4932.2 - 6/10/2022 2:47:05 PM any, on the same basis as all other non-employee directors of Company; and (c) the same rights of indemnification and directors’ and officers’ liability insurance coverage as the other non-employee directors of Company as such rights may exist from time to time.

Appears in 1 contract

Samples: Director Appointment Agreement (ARCA Biopharma, Inc.)

AutoNDA by SimpleDocs

Director Benefits. The Existing Designees and any Additional Designee will be entitled to the same director benefits as other non-employee members of the Board, including (a) compensation for such director’s service as a director and reimbursement for of such director’s expenses on the same basis as all other non-employee directors of Company; (b) equity-based compensation grants and other benefits, if any, on the same basis as all other non-employee directors of Company; and (c) the same rights of indemnification and directors’ and officers’ liability insurance coverage as the other non-employee directors of Company as such rights may exist from time to time.

Appears in 1 contract

Samples: Director Appointment Agreement (Domo, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!