Common use of Indemnification Against Liability Clause in Contracts

Indemnification Against Liability. The Director shall be indemnified and held harmless by Metrocorp, to the full extent permitted by law, against any and all liabilities and assessments arising out of or related to any threatened, pending or completed action, suit, proceeding, inquiry or investigation, whether civil, criminal, administrative, or other (each being hereinafter referred to as an “Action”), including, but not limited to, judgments, fines, penalties and amounts paid in settlement (whether with or without court approval), and any interest, assessments, excise taxes or other charges paid or payable in connection with or in respect of any of the foregoing (each such liability and assessment being hereinafter referred to as a “Liability”), incurred by the Director and arising out of his or her status as a director or member of a committee of the Board of Directors of Metrocorp, or by reason of anything done or not done by the Director in such capacities.

Appears in 1 contract

Samples: Indemnification Agreement (Metrocorp Inc)

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Indemnification Against Liability. The Director shall be indemnified and held harmless by MetrocorpPBG, to the full extent permitted by law, against any and all liabilities and assessments arising out of or related to any threatened, pending or completed action, suit, proceeding, inquiry or investigation, whether civil, criminal, administrative, or other (each being hereinafter referred to as an “Action”), including, but not limited to, judgments, fines, penalties and amounts paid in settlement (whether with or without court approval), and any interest, assessments, excise taxes or other charges paid or payable in connection with or in respect of any of the foregoing (each such liability and assessment being hereinafter referred to as a “Liability”), incurred by the Director and arising out of his or her status as a director or member of a committee of the Board of Directors of MetrocorpPBG, or by reason of anything done or not done by the Director in such capacities.

Appears in 1 contract

Samples: Indemnification Agreement (Pepsi Bottling Group Inc)

Indemnification Against Liability. The Director shall be indemnified and held harmless by MetrocorpPepsiCo, to the full extent permitted by law, against any and all liabilities and assessments arising out of or related to any threatened, pending or completed action, suit, proceeding, inquiry or investigation, whether civil, criminal, administrative, or other (each being hereinafter referred to as an “Action”), including, but not limited to, judgments, fines, penalties and amounts paid in settlement (whether with or without court approval), and any interest, assessments, excise taxes or other charges paid or payable in connection with or in respect of any of the foregoing (each such liability and assessment being hereinafter referred to as a “Liability”), incurred by the Director and arising out of his or her status as a director or member of a committee of the Board of Directors of MetrocorpPepsiCo, or by reason of anything done or not done by the Director in such capacities.

Appears in 1 contract

Samples: Indemnification Agreement (Pepsico Inc)

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Indemnification Against Liability. The Director shall be indemnified and held harmless by Metrocorpthe Company, to the full fullest extent permitted by law, against any and all liabilities and assessments arising out of or related to any threatened, pending or completed action, suit, proceeding, inquiry or investigation, whether civil, criminal, administrative, administrative or other (each being hereinafter referred to as an “Action”), including, but not limited to, judgments, fines, penalties and amounts paid in settlement (whether with or without court approval), and any interest, assessments, excise taxes or other charges paid or payable in connection with or in respect of any of the foregoing (each such liability and assessment being hereinafter referred to as a “Liability”), incurred by the Director and arising out of his or her status as a director or member of a committee of the Board of Directors of Metrocorpthe Company, or by reason of anything done or not done by the Director in such capacities.

Appears in 1 contract

Samples: Indemnification Agreement (Primus Therapeutics Inc.)

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