Effect of Termination of Action. The termination of any action, suit or proceeding by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not of itself create a presumption that the person seeking indemnification did not meet the standards of conduct described in Section 1 of this Article VI. Entry of a judgment by consent as part of a settlement shall not be deemed an adjudication of liability, as described in Section 2 of this Article VI.
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Samples: Attachment A Agreement and Plan of Merger (Force Protection Inc), Attachment A Agreement and Plan of Merger (Force Protection Inc)
Effect of Termination of Action. The termination of any action, suit or proceeding by judgment, order, settlement or conviction, or upon a plea of nolo Exhibit D contendere or its equivalent, equivalent shall not of itself create a presumption that the person seeking indemnification did not meet the standards of conduct described in Section 1 of this Article VIArticle. Entry of a judgment by consent as part of a settlement shall not be deemed an adjudication of liability, as described in Section 2 of this Article VI.
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Samples: Separation Agreement (Teleservices Internet Group Inc)
Effect of Termination of Action. The termination of any action, suit suit, or proceeding by judgment, order, settlement settlement, or conviction, or upon a plea of nolo contendere or its equivalent, equivalent shall not of itself create a presumption that the person seeking indemnification did not meet the standards of conduct described in Section 1 12.1 of this Article VIthese Bylaws. Entry of a judgment by consent as part of a settlement shall not be deemed an adjudication of liability, as described in Section 2 of this Article VI.
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Effect of Termination of Action. The termination of any action, suit or proceeding by judgment, order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, equivalent shall not of itself create a presumption that the person seeking indemnification did not meet the standards of conduct described in Section 1 7.1 of this Article VI7. Entry of a judgment by consent as part of a settlement shall not be deemed an adjudication of liability, as described in Section 2 7.2 of this Article VI7.
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