Director’s Obligations. The Director shall promptly advise the Corporation in writing of the institution of any Action which is or may be subject to this Agreement and keep the Corporation generally informed of and consult with the Corporation with respect to, the status and defense of any such Action.
Appears in 5 contracts
Samples: Indemnification Agreement (New Mountain Lake Acquisition CO), Indemnification Agreement (Us Xpress Enterprises Inc), Indemnification Agreement (Us Xpress Enterprises Inc)