Common use of Director Indemnification Clause in Contracts

Director Indemnification. To the maximum extent permitted by the Laws of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director and shall comply with the terms of the respective director indemnification agreement (the “Indemnification Agreement”), and at the request of any Investor Director who is not a party to an Indemnification Agreement, shall enter into an director indemnification agreement with such Investor Director in similar form to the Indemnification Agreement.

Appears in 2 contracts

Samples: Third Amended and Restated Shareholders Agreement (LAIX Inc.), Third Amended and Restated Shareholders Agreement (LingoChamp Inc.)

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Director Indemnification. To the maximum extent permitted by the Laws Law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director of its Directors and shall comply with the terms of the respective director indemnification agreement (the “Indemnification Agreement”)Agreements, and at the request of any Investor Director who is not a party to an Indemnification Agreement, shall enter into an director indemnification agreement with such Investor Director director in similar form to the Indemnification AgreementAgreements.

Appears in 2 contracts

Samples: Sixth Amended and Restated Shareholders Agreement (Cloopen Group Holding LTD), Sixth Amended and Restated Shareholders Agreement (Cloopen Group Holding LTD)

Director Indemnification. To the maximum extent permitted by the Laws Law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director of its Directors and shall comply with the terms of the respective director indemnification agreement (the “Indemnification Agreement”)agreements, and at the request of any Investor Director who is not a party to an Indemnification Agreementindemnification agreement, shall enter into an director indemnification agreement with such Investor Director director in similar form to the Indemnification Agreementindemnification agreements.

Appears in 2 contracts

Samples: Shareholders Agreement (Dada Nexus LTD), Sixth Amended and Restated Shareholders Agreement (Dada Nexus LTD)

Director Indemnification. To the maximum extent permitted by the Laws law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director of its directors and shall comply with the terms of the respective director indemnification agreement (the “Director Indemnification Agreement”)Agreements, and at the request of any Investor Director director who is not a party to an a Director Indemnification Agreement, shall enter into an director indemnification agreement with such Investor Director director in similar form to as the Director Indemnification AgreementAgreements. At the request of any director, the Company shall obtain and maintain customary insurance coverage for the directors on commercially reasonable terms.

Appears in 1 contract

Samples: Investors Rights Agreement (China Techfaith Wireless Communication Technology LTD)

Director Indemnification. To the maximum extent permitted by the Laws of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director and shall comply in accordance with the terms of the respective director indemnification agreement entered into between the Company and such Investor Director (the “Indemnification Agreement”), and at the request of any Investor Director who is not a party to an Indemnification Agreement, shall enter into an director indemnification agreement Indemnification Agreement with such Investor Director in similar form to the Indemnification Agreement.

Appears in 1 contract

Samples: Amended and Restated Shareholders Agreement (Agora, Inc.)

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Director Indemnification. To the maximum extent permitted by the Laws law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each Investor Director of its directors and shall comply with the terms of the respective director indemnification agreement (the “Director Indemnification Agreement”)Agreements, and at the request of any Investor Director director who is not a party to an a Director Indemnification Agreement, shall enter into an director indemnification agreement with such Investor Director director in similar form to as the Director Indemnification Agreement.Agreements. At the request of any director, the Company shall obtain and maintain customary insurance coverage for the directors on commercially reasonable terms. 9.11

Appears in 1 contract

Samples: Investors Rights Agreement

Director Indemnification. To the maximum extent permitted by the Laws law of the jurisdiction in which the Company is organized, the Company shall indemnify and hold harmless each the Investor Directors and shall enter into the indemnification agreement with any Investor Director and shall comply with the terms of the respective such director indemnification agreement (the “Indemnification Agreement”), and at agreements. At the request of any Investor, the Company shall obtain and maintain customary directors and officers insurance coverage for the Investor Director who is not a party to an Indemnification Agreement, shall enter into an director indemnification agreement with such Investor Director in similar form to the Indemnification AgreementDirectors.

Appears in 1 contract

Samples: Investor and Registration Rights Agreement (Yayi International Inc)

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