Common use of ENFORCEMENT AND BINDING EFFECT Clause in Contracts

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a non-employee director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a non-employee director of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (BioHorizons, Inc.)

AutoNDA by SimpleDocs

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce the Indemnitee to serve as a non-employee director or officer of the Company, and the Company acknowledges that the Indemnitee is relying upon this Agreement in serving as a non-employee director or officer of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (ChemoCentryx, Inc.)

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve (or to continue to serve) as a non-employee director or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a non-employee director or officer of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Biocept Inc)

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as a non-employee an officer and/or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a non-employee an officer and/or director of the Company.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Ipayment Inc)

AutoNDA by SimpleDocs

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a non-employee director an officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a non-employee director an officer of the Company.

Appears in 1 contract

Samples: Officer Indemnity Agreement (EnergySolutions, Inc.)

ENFORCEMENT AND BINDING EFFECT. (a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as a non-employee an officer or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a non-employee an officer or director of the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Erickson Air-Crane Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.