Directors’ Liability and Indemnification. The Company's Articles of Incorporation and Bylaws shall provide (a) for elimination of the liability of director to the maximum extent permitted by law and (b) for indemnification of directors for acts on behalf of the Company to the maximum extent permitted by law.
Appears in 5 contracts
Samples: Investor Rights Agreement (Internap Network Services Corp/Wa), Preferred Stock Purchase Agreement (Oryx Technology Corp), Investor Rights Agreement (Internap Network Services Corp/Wa)
Directors’ Liability and Indemnification. The Company's Articles of Incorporation and Bylaws shall provide (ai) for elimination of the liability of director directors to the maximum extent permitted by law and (bii) for indemnification of directors for acts on behalf of the Company to the maximum extent permitted by law.
Appears in 1 contract
Directors’ Liability and Indemnification. The Company's Amended and Restated Articles of Incorporation and Bylaws shall provide (ai) for elimination of the liability of director to the maximum extent permitted by law and (bii) for indemnification of directors and officers for acts on behalf of the Company to the maximum extent permitted by law.
Appears in 1 contract
Samples: Investor Rights Agreement (Britton & Koontz Capital Corp)
Directors’ Liability and Indemnification. The Company's Articles of Incorporation and Bylaws shall provide (a) for elimination of the liability of director directors to the maximum extent permitted by law and (b) for indemnification of directors for acts on behalf of the Company to the maximum extent permitted by law.
Appears in 1 contract
Samples: Rights Agreement (National Information Consortium Inc)
