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 assumes the obligations imposed on it hereby in order to induce Indemnitee to serve as an officer and/or director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as an officer and/or director of the Company.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Ipayment Inc)

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

Appears in 1 contract

Samples: Indemnification Agreement (Erickson Air-Crane Inc)

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

Appears in 1 contract

Samples: Indemnification Agreement (BioHorizons, Inc.)

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

Appears in 1 contract

Samples: Officer Indemnity Agreement (EnergySolutions, Inc.)

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