Common use of Effect of Certain Proceedings Clause in Contracts

Effect of Certain Proceedings. The termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendre or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, that Indemnitee had reason to believe his or her conduct was unlawful.

Effect of Certain Proceedings. The termination of any Proceeding by judgment, order, settlement, conviction, conviction or upon a plea of nolo contendre contendere or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, that Indemnitee had reason to believe his or her conduct was unlawful.

Effect of Certain Proceedings. The termination of any Proceeding by judgment, order, settlement, conviction, conviction or upon a plea of nolo contendre or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, that Indemnitee had reason to believe his or her conduct was unlawful.

Effect of Certain Proceedings. The termination of any Proceeding by judgment, order, settlement, conviction, conviction or upon a plea of nolo contendre or its equivalent, shall not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company, and with respect to any criminal Proceeding, that Indemnitee had reason to believe his or her conduct was unlawful.

Effect of Certain Proceedings. The termination of any Proceeding by judgment, order, settlementcompromise, convictionsettlement (whether with or without court approval) or conviction , or upon a plea of nolo contendre contendere or its equivalent, shall not, not of itself, itself create a presumption that Indemnitee did not act acted recklessly or engaged in good faith and in a manner reasonably believed wilful misconduct or otherwise failed to be in or not opposed to the best interests meet any particular standard of the Company, and with respect to any criminal Proceeding, that Indemnitee had reason to believe his or her conduct was unlawfulcare.