Effect of Certain Resolutions. 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 5 contracts
Samples: Indemnification Agreement (Pacira BioSciences, Inc.), Indemnification Agreement (Bellerophon Therapeutics LLC), Indemnification Agreement (Pacira Pharmaceuticals, Inc.)
