Common use of Entitlement to Indemnification Clause in Contracts

Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s current (or former) position as Non-Executive Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2. 1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive Director and shall inure to the benefit of the Officer’s heirs, executors and administrators, subject always to Article 3.9.

Appears in 2 contracts

Samples: Indemnification Agreement (Next.e.GO B.V.), Indemnification Agreement (LAVA Therapeutics BV)

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Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s current (or former) position as Non-Executive [Non-]Executive Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2. 1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive [Non-]Executive Director and shall inure to the benefit of the Officer’s heirs, executors and administrators, subject always to Article 3.9.

Appears in 1 contract

Samples: Indemnification Agreement (Pharming Group N.V.)

Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s 's current (or former) position as Non-Executive Supervisory Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2.Article 1.1 2.1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive Supervisory Director and shall inure to the benefit of the Officer’s 's heirs, executors and administrators, subject always to Article 3.9.

Appears in 1 contract

Samples: Indemnification Agreement (Sono Group N.V.)

Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s 's current (or former) position as Non-Executive Managing Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2. 1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive Managing Director and shall inure to the benefit of the Officer’s 's heirs, executors and administrators, subject always to Article 3.9.

Appears in 1 contract

Samples: Indemnification Agreement (Sono Group N.V.)

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Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s current (or former) position as Non-Executive Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2. 1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive Director and shall inure to the benefit of the Officer’s heirs, executors and administrators, subject always to Article 3.9.

Appears in 1 contract

Samples: Indemnification Agreement (Allego N.V.)

Entitlement to Indemnification. 2.1.1 The Company shall indemnify the Officer and hold the Officer harmless against: a. any financial losses or damages incurred by the Officer; and b. any expense reasonably paid or incurred by the Officer in connection with any Proceeding, in each case to the extent this relates to the Officer’s current (or former) position as Non-Executive Director and to the extent permitted by applicable law. 2.1.2 The right to indemnification conferred in Article 2.Article 1.1 2.1.1 shall continue as to the Officer who has ceased to hold office as Non-Executive Director and shall inure to the benefit of the Officer’s heirs, executors and administrators, subject always to Article 3.9.

Appears in 1 contract

Samples: Indemnification Agreement (LAVA Therapeutics BV)

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