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Common use of Indemnification for Expenses as a Witness Clause in Contracts

Indemnification for Expenses as a Witness. To the fullest extent permitted by applicable law and to the extent that an Indemnified Party is, by reason of his or her Corporate Status, a witness or otherwise asked to participate in any aspect of a Proceeding to which such Indemnified Party is not a party, he or she shall be indemnified against all Expenses actually and reasonably incurred by him or her or on his or her behalf in connection therewith.

Appears in 3 contracts

Samples: Indemnification Agreement (Gener8 Maritime, Inc.), Indemnification Agreement (Gener8 Maritime, Inc.), Indemnification Agreement (Gener8 Maritime, Inc.)

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Indemnification for Expenses as a Witness. To the fullest extent permitted by applicable law and to the extent that an Indemnified Party is, by reason of his or her Corporate Statusthe Indemnified Party's status as a Director and Officer, a witness or otherwise asked to participate in any aspect of a Proceeding to which such proceeding, the Company shall indemnify the Indemnified Party is not a party, he or she shall be indemnified against all Expenses actually costs, charges and reasonably incurred by him or her or on his or her behalf expenses in connection therewith.

Appears in 1 contract

Samples: Indemnification Agreement (Corel Corp)

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