Common use of Duration and Scope of Agreement; Binding Effect Clause in Contracts

Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 15 contracts

Samples: Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co)

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Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein This Agreement shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee he or she is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's his or her spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 4 contracts

Samples: Indemnification Agreement, Indemnification Agreement (Neah Power Systems, Inc.), Indemnification Agreement (Axesstel Inc)

Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein This Agreement shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee he is or was an Agent and shall be applicable to Proceedings any Proceeding commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before before, concurrently with or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's his spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 4 contracts

Samples: Indemnification Agreement (Dollar Financial Corp), Indemnification Agreement (Dollar Financial Corp), Indemnification Agreement (Big 5 Sporting Goods Corp)

Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein This Agreement shall ----------------------------------------------- continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee he is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's his spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 2 contracts

Samples: Indemnification Agreement (Copper Mountain Networks Inc), Indemnification Agreement (Purchasepro Com Inc)

Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's ’s spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 2 contracts

Samples: Indemnification Agreement (Cimarex Energy Co), Indemnification Agreement (Cimarex Energy Co)

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Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein This Agreement shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's ’s spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 2 contracts

Samples: Employment Agreement (Chimerix Inc), Employment Agreement (Chimerix Inc)

Duration and Scope of Agreement; Binding Effect. All agreements and obligations of the Company contained herein This Agreement shall continue so long as Indemnitee shall be subject to any possible Proceeding subject to indemnification by reason of the fact that Indemnitee is or was an Agent and shall be applicable to Proceedings commenced or continued after execution of this Agreement, whether arising from acts or omissions occurring before or after such execution. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and Indemnitee's spouse, assigns, heirs, devisees, executors, administrators and other legal representatives.

Appears in 1 contract

Samples: Indemnification Agreement (Terra Systems Corp)

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