Indemnification; Exculpation. The Stockholder Designees shall be entitled to indemnification, exculpation and reimbursement of fees and expenses to the extent provided for in the Company Certificate of Incorporation and the Company Bylaws. The Company and each Stockholder Designee that is elected or appointed to the Board shall execute the Company’s form of indemnification agreement for its directors and officers and the Company shall maintain directors’ and officers’ indemnity insurance coverage reasonably satisfactory to the Board or compensation committee thereof.
Appears in 5 contracts
Samples: Stockholder Agreement (Denali Capital Acquisition Corp.), Stockholder Agreement (Scilex Holding Co), Stockholder Agreement (Vickers Vantage Corp. I)
