Common use of Effect of Certain Resolutions Clause in Contracts

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 60 contracts

Samples: Indemnification Agreement (Watts Water Technologies Inc), Indemnification Agreement (NeuroMetrix, Inc.), Indemnification Agreement (Watts Water Technologies Inc)

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Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 34 contracts

Samples: Indemnification Agreement (Albany Molecular Research Inc), Indemnification Agreement (Boron Lepore & Associates Inc), Director Indemnification Agreement (Golden Sky Systems Inc)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 24 contracts

Samples: Indemnification Agreement (Harvard Bioscience Inc), Indemnification Agreement (Qorvo, Inc.), Indemnification Agreement (Eyegate Pharmaceuticals Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 14 contracts

Samples: Indemnification Agreement (Circor International Inc), Indemnification Agreement (Aspen Aerogels Inc), Indemnification Agreement (Circor International Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 12 contracts

Samples: Indemnification Agreement (TechTarget Inc), Indemnification Agreement (Helicos Biosciences Corp), Indemnification Agreement (Watts Water Technologies Inc)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, conviction or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 12 contracts

Samples: Indemnification Agreement (CervoMed Inc.), Indemnification Agreement (CervoMed Inc.), Employment Agreement (Adial Pharmaceuticals, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the a Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the a Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 8 contracts

Samples: Indemnification Agreement (Ansys Inc), Indemnification Agreement (Ansys Inc), Indemnification Agreement (Ansys Inc)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 8 contracts

Samples: Director Indemnification Agreement (Physicians Formula Holdings, Inc.), Officer Indemnification Agreement (Otis Spunkmeyer Holdings Inc), Director Indemnification Agreement (Physicians Formula Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 8 contracts

Samples: Director Indemnification Agreement (Velocity Asset Management Inc), Director and Officer Indemnification Agreement (Techne Corp /Mn/), Director Indemnification Agreement (Front Porch Digital Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 7 contracts

Samples: Indemnification Agreement, Indemnification Agreement (GrowGeneration Corp.), Director Indemnification Agreement (C Quential Inc)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 6 contracts

Samples: Indemnification Agreement (Sundance Energy Australia LTD), Director Indemnification Agreement (BJ Services, Inc.), Indemnification Agreement (Forward Pharma a/S)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee is liable under Section 78.138 or did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action conduct was unlawful.

Appears in 5 contracts

Samples: Indemnification Agreement (Medistem Laboratories, Inc.), Indemnification Agreement (Medistem Laboratories, Inc.), Indemnification Agreement (Brownshire Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 5 contracts

Samples: Director and Officer Indemnification Agreement (Itex Corp), Indemnification Agreement (IBuyDigital.com, Inc.), Securities Purchase Agreement (Ign Entertainment Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that the Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that the Indemnitee did not act in good faith and in a manner which the Indemnitee reasonably believed to be in in, or not opposed to to, the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that the Indemnitee’s 's action was unlawful.

Appears in 3 contracts

Samples: Director and Officer Indemnification Agreement (Us Global Nanospace Inc), Indemnification Agreement (Staar Surgical Co), Director and Officer Indemnification Agreement (Us Global Nanospace Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 3 contracts

Samples: Indemnification Agreement (Monotype Imaging Holdings Inc.), Director Indemnification Agreement (Cardtronics LP), Director Indemnification Agreement (Eyeblaster Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere NOLO CONTENDERE or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 3 contracts

Samples: Indemnification Agreement (Metabolix, Inc.), Indemnification Agreement (Clayton Holdings Inc), Indemnification Agreement (Optium Corp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, or conviction, except as pursuant to Section 3 hereof, or by settlement or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 3 contracts

Samples: Indemnification Agreement (Thomas & Betts Corp), Betts Corporation Indemnification Agreement (Thomas & Betts Corp), Officer Indemnification Agreement (Susa Partnership Lp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that an Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding against the Company (and not the Indemnitee) by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that such Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that such Indemnitee’s action was unlawful.

Appears in 3 contracts

Samples: Indemnification Agreement (Trustwave Holdings, Inc.), Indemnification Agreement (Trustwave Holdings, Inc.), Indemnification Agreement (Trustwave Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal action or Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 2 contracts

Samples: Indemnification Agreement (ZimVie Inc.), Indemnification Agreement (Zimmer Holdings Inc)

Effect of Certain Resolutions. Neither the settlement or termination ----------------------------- of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 2 contracts

Samples: Agreement (Albany Molecular Research Inc), Indemnification Agreement (Circor International Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 2 contracts

Samples: Indemnity Agreement (Coinmach Service Corp), Indemnity Agreement (Coinmach Service Corp)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company Corporation to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company Corporation or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 2 contracts

Samples: Indemnification Agreement (LogMeIn, Inc.), Indemnification Agreement (LogMeIn, Inc.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 2 contracts

Samples: Director Indemnification Agreement (StoneX Group Inc.), Director Indemnification Agreement (GAIN Capital Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that the Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that the Indemnitee did not act in good faith and in a manner which the Indemnitee reasonably believed to be in in, or not opposed to to, the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that the Indemnitee’s 's action was unlawful.

Appears in 2 contracts

Samples: Director and Officer Indemnification Agreement (Us Global Nanospace Inc), Director and Officer Indemnification Agreement (Us Global Nanospace Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 2 contracts

Samples: Indemnity Agreement (Coinmach Service Corp), Indemnity Agreement (Appliance Warehouse of America Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, or conviction, except as pursuant to ss. 3 hereof, or by settlement or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Susa Partnership Lp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that the Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that the Indemnitee did not act in good faith and in a manner which the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnity Agreement (ZAIS Group Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company Corporation to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, settlement or conviction, or upon a plea of nolo contendere or its equivalent equivalent, shall not create a presumption that Indemnitee did not act in good faith and in a manner which that Indemnitee reasonably believed to be in in, or not opposed to to, the best interests of the Company Corporation or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Proteostasis Therapeutics, Inc.)

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Effect of Certain Resolutions. 7.1 Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Subscription Agreement (China Sunergy Co., Ltd.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, or conviction, except as pursuant to § 3 hereof, or by settlement or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Betts Corporation Indemnification Agreement (Thomas & Betts Corp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a creates an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall does not create a presumption that Indemnitee did not act in good faith and in a manner which that Indemnitee reasonably believed to be in in, or not opposed to to, the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Ipg Photonics Corp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a crate an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Director Indemnification Agreement (Andover Net Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, settlement or conviction, or upon a plea of nolo contendere or its equivalent equivalent, shall not not, of itself, create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Dial Global, Inc. /De/)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in acted with gross negligence or not opposed to the best interests of the Company wilful misconduct or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Director Indemnification Agreement (Nascent Wine Company, Inc.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Director and Officer Indemnification Agreement (Ubiquiti Networks, Inc.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that the Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that the Indemnitee did not act in good faith and in a manner which the Indemnitee reasonably believed to be in in, or not opposed to to, the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that the Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Sionix Corp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding against the Company (and not the Indemnitee) by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Trustwave Holdings, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Director Indemnification Agreement (Mac-Gray Corp)

Effect of Certain Resolutions. Neither the settlement or termination ----------------------------- of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere contendes or its equivalent shall not create a presumption ---- --------- that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Director Indemnification Agreement (Be Free Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere contendre or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Invitrogen Corp)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.with

Appears in 1 contract

Samples: Form of Indemnification Agreement (Fairmarket Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, or conviction, except as pursuant to Section 3 hereof, or by settlement or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Mid-America Apartments, L.P.)

Effect of Certain Resolutions. Neither the settlement or nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Westway Group, Inc.)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Form of Director Indemnification Agreement (ExactTarget, Inc.)

Effect of Certain Resolutions. Neither the settlement or ----------------------------- termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a an adverse presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceedingaction or proceeding, had reasonable cause to believe that Indemnitee’s 's action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Nxtrend Technology Inc)

Effect of Certain Resolutions. Neither the settlement or termination of any Proceeding nor the failure of the Company Indemnitors to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder. In addition, the termination of any proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company Indemnitors or, with respect to any criminal Proceeding, had reasonable cause to believe that Indemnitee’s action was unlawful.

Appears in 1 contract

Samples: Indemnification Agreement (Gables Residential Trust)

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