Common use of Disclosure of Payments Clause in Contracts

Disclosure of Payments. Except as expressly required by law, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Appears in 4 contracts

Samples: Indemnity Agreement (Aviation Holdings Group Inc/Fl), Indemnity Agreement (Noven Pharmaceuticals Inc), Indemnity Agreement (Jet Aviation Trading Inc)

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Disclosure of Payments. Except as expressly required by lawfederal securities laws, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Appears in 2 contracts

Samples: Indemnification Agreement (Printcafe Software Inc), Indemnification Agreement (Freemarkets Inc)

Disclosure of Payments. Except as expressly required by federal securities laws or federal law, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Koger Equity Inc)

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Disclosure of Payments. Except as expressly required by lawlaw or to enforce this Agreement, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payments to the Indemnitee that must be disclosed by law shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's ’s shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Appears in 1 contract

Samples: Indemnification Agreement (World Fuel Services Corp)

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