Common use of Forum Clause in Contracts

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those members of the Board who are Independent Directors even though less than a quorum; b. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 35 contracts

Samples: Indemnity Agreement (ArcLight Clean Transition Corp. II), Indemnity Agreement (Elevation Oncology, Inc.), Indemnity Agreement (Day One Biopharmaceuticals Holding Co LLC)

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Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 10 contracts

Samples: Indemnity Agreement (Trupanion Inc.), Indemnity Agreement (Chegg, Inc), Indemnity Agreement (Model N, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those (1) those members of the Board who are Independent Directors even though less than a quorum; b. A (2) by a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may shall not be unreasonably withheld, which counsel Independent Counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. clause (3) above.

Appears in 7 contracts

Samples: Indemnification Agreement (Ardagh Metal Packaging S.A.), Indemnity Agreement (Affinion Group Holdings, Inc.), Indemnification Agreement (Ardagh Finance Holdings S.A.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those (1) those members of the Board who are Independent Directors even though less than a quorum; b. A (2) a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 6 contracts

Samples: Indemnity Agreement (Nimble Storage Inc), Deed of Indemnification (Presbia PLC), Deed of Indemnification (Presbia PLC)

Forum. Indemnitee shall be entitled to select the forum in which the determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election selection will be made from among the following: a. Those (1) those members of the Board who are Independent Directors even though less than a quorum; b. A (2) by a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may shall not be unreasonably withheld, which counsel Independent Counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. clause (3) above.

Appears in 4 contracts

Samples: Employment Agreement (Qualtrics International Inc.), Employment Agreement (Qualtrics International Inc.), Indemnification Agreement (Qualtrics International Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 3 contracts

Samples: Indemnity Agreement (Energous Corp), Indemnity Agreement (Glu Mobile Inc), Indemnity Agreement (Glu Mobile Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those (i) those members of the Board who are Independent Directors even though less than a quorum; b. A (ii) a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. Section 8(c)(iii) above.

Appears in 3 contracts

Samples: Indemnity Agreement (Borqs Technologies, Inc.), Indemnity Agreement (Marin Software Inc), Indemnity Agreement (Marin Software Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct pursuant to the GCL shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 3 contracts

Samples: Indemnity Agreement (Aldeyra Therapeutics, Inc.), Indemnity Agreement (Aldexa Therapeutics, Inc.), Indemnity Agreement (Veeva Systems Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, conditioned or delayed, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 3 contracts

Samples: Indemnity Agreement (Anaptysbio Inc), Indemnity Agreement (Loxo Oncology, Inc.), Indemnity Agreement (Castlight Health, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 2 contracts

Samples: Indemnity Agreement (Aeglea BioTherapeutics, Inc.), Indemnity Agreement (Aeglea BioTherapeutics, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. clause (iii) above.

Appears in 2 contracts

Samples: Indemnity Agreement (NUSCALE POWER Corp), Indemnity Agreement (Spring Valley Acquisition Corp.)

Forum. The Indemnitee shall be entitled to select the forum in which determination of whether or not the Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors Directors, even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee the Indemnitee, and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 2 contracts

Samples: Indemnification Agreement (Dexcom Inc), Indemnification Agreement (Symantec Corp)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. A (2) By a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 2 contracts

Samples: Indemnity Agreement (Transforma Acquisition Group Inc.), Indemnity Agreement (Transforma Acquisition Group Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee Xxxxxxxxxx and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 2 contracts

Samples: Indemnity Agreement (Spyre Therapeutics, Inc.), Indemnity Agreement (Aeglea BioTherapeutics, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. i. Those members of the Board who are Independent Directors even though less than a quorum; b. ii. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. Section 8(c)(iii). above.

Appears in 2 contracts

Samples: Indemnification Agreement (Velo3D, Inc.), Indemnity Agreement (Sema4 Holdings Corp.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. A (2) By a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 2 contracts

Samples: Executive Employment Agreement (ShoreTel Inc), Indemnification Agreement (ShoreTel Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. i. Those members of the Board who are Independent Directors even though less than a quorum;; or b. ii. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. iii. above.

Appears in 1 contract

Samples: Indemnity Agreement (Callidus Software Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. i. Those members of the Board who are Independent Directors even though less than a quorum; b. ii. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. Section 9(c)iii. above.

Appears in 1 contract

Samples: Indemnity Agreement (Tailwind Two Acquisition Corp.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those members of the Board who are Independent Directors even though less than a quorum; b. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. Independent Counsel selected by Indemnitee Ixxxxxxxxx and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 1 contract

Samples: Indemnity Agreement (Fluent, Inc.)

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Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (1) Those members of the Board who are Independent Directors even though less than a quorum; b. (2) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party.. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 1 contract

Samples: Indemnification Agreement (Capricor Therapeutics, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those i. those members of the Board who are Independent Directors even though less than a quorum; b. A ii. a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (Dermira, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 1 contract

Samples: Indemnity Agreement (Spring Valley Acquisition Corp.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. i. Those members of the Board who are Independent Directors even though less than a quorum; b. ii. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (Proofpoint Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (Green Dot Corp)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct pursuant to the GCL shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (Veeva Systems Inc)

Forum. The Indemnitee shall be entitled to select the forum in which determination of whether or not the Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (i) Those members of the Board who are Independent Directors Directors, even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee the Indemnitee, and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (3) above.

Appears in 1 contract

Samples: Indemnification Agreement (Dexcom Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those (1) those members of the Board who are Independent Directors even though less than a quorum; b. A (2) by a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. clause (3) above.

Appears in 1 contract

Samples: Indemnity Agreement (Glu Mobile Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those (1) those members of the Board who are Independent Directors even though less than a quorum; b. A (2) by a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (3) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. clause (3) above.

Appears in 1 contract

Samples: Indemnity Agreement (ArcSight Inc)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those members of the Board who are Independent Directors even though less than a quorum; b. A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. Independent Counsel selected by Indemnitee Xxxxxxxxxx and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this Agreement, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. above.

Appears in 1 contract

Samples: Indemnification Agreement (Compass, Inc.)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. Those i. those members of the Board who are non-management directors and are not parties to the Proceeding (“Independent Directors Directors”) even though less than a quorum; b. A ii. a committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. iii. Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. .” Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. Section 8(c)(iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (ADESTO TECHNOLOGIES Corp)

Forum. Indemnitee shall be entitled to select the forum in which determination of whether or not Indemnitee has met the applicable standard of conduct shall be decided, and such election will be made from among the following: a. (i) Those members of the Board consisting of directors who are were not parties to the Proceeding for which a claim is made under this Agreement (“Independent Directors Directors”), even though less than a quorum; b. (ii) A committee of Independent Directors designated by a majority vote of Independent Directors, even though less than a quorum; or c. (iii) Independent Counsel selected by Indemnitee and approved by the Board, which approval may not be unreasonably withheld, which counsel shall make such determination in a written opinion. If Indemnitee is an officer or a director of the Company at the time that Indemnitee is selecting the forum, then Indemnitee shall not select Independent Counsel as such forum unless there are no Independent Directors or unless the Independent Directors agree to the selection of Independent Counsel independent counsel as the forum. The selected forum shall be referred to herein as the “Reviewing Party”. Notwithstanding the foregoing, following any Change in Control subsequent to the date of this AgreementControl, the Reviewing Party shall be Independent Counsel selected in the manner provided in c. (iii) above.

Appears in 1 contract

Samples: Indemnity Agreement (Green Dot Corp)

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