Common use of EXCEPTIONS TO RIGHT OF INDEMNIFICATION OR ADVANCEMENT OF EXPENSES Clause in Contracts

EXCEPTIONS TO RIGHT OF INDEMNIFICATION OR ADVANCEMENT OF EXPENSES. Notwithstanding any other provisions of this Agreement, the Indemnitee shall not be entitled to indemnification or advancement of Expenses under this Agreement: (i) with respect to any Proceeding initiated by such Indemnitee against the Company other than a proceeding commenced pursuant to Article VII or (ii) if prohibited under applicable Maryland law.

Appears in 10 contracts

Samples: Employment Agreement (NewLake Capital Partners, Inc.), Indemnification Agreement (NewLake Capital Partners, Inc.), Indemnification Agreement (NewLake Capital Partners, Inc.)

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