Heirs, Executors, and Administrators Clause Samples
The "Heirs, Executors, and Administrators" clause ensures that the rights and obligations established in a contract extend beyond the original parties to their legal successors, such as heirs, executors, and administrators of their estates. In practice, this means that if a party to the agreement passes away or becomes otherwise unable to fulfill their obligations, their estate or legal representatives are bound to uphold the terms of the contract. This clause is essential for maintaining the enforceability and continuity of contractual obligations, preventing the agreement from becoming void due to the death or incapacity of a party.
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Heirs, Executors, and Administrators. The indemnification and advancement of expenses provided by, or granted pursuant to, this Article shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a manager, director, office, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
Heirs, Executors, and Administrators. The indemnification ----------------------------------- and advancement of expenses provided by, or granted pursuant to, this Article VIII shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
Heirs, Executors, and Administrators. The indemnification ----------------------------------- and advancement of Expenses provided by, or granted pursuant to, this Article 10 shall, unless otherwise provided when authorized or ratified, continue as to a Person who has ceased to be an agent of the Company and shall inure to the benefit of such Person's heirs, executors and administrators.
Heirs, Executors, and Administrators. The indemnification and advancement of expenses provided by, or granted pursuant to, this section shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a manager, director, office, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
Heirs, Executors, and Administrators. The indemnification and advancement of Expenses provided by this Agreement shall, continue as to an Indemnified Person who is no longer acting in such capacity, and shall inure to the benefit of his or her heirs, executors and administrators, unless otherwise provided when authorized or ratified.
Heirs, Executors, and Administrators. The indemnification and advancement of Expenses provided by, or granted pursuant to, this Article VII shall, unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be an Officer or Director and shall inure to the benefit of the heirs, executors and administrators of such a person. The indemnification and advancement of Expenses provided by, or granted pursuant to, this Article VII may, at the discretion of the board of directors, continue as to a person who has ceased to be an Agent and shall inure to the benefit of the heirs, executors and administrators of such a person.
Heirs, Executors, and Administrators. The indemnification and advancement of Expenses provided by this Section 10 shall, continue as to an Indemnified Person who is no longer acting in such capacity, and shall inure to the benefit of his or her heirs, executors and administrators, unless otherwise provided when authorized or ratified. EXHIBIT 3.2 BOARD APPROVED – SUBJECT TO MEMBER APPROVAL
Heirs, Executors, and Administrators. The indemnification and advancement of Expenses provided by, or granted pursuant to, this Section 14 shall, unless otherwise provided when authorized or ratified, continue as to a Person who has ceased to be an agent of the Company and shall inure to the benefit of such Person’s heirs, executors and administrators.