Common use of Indemnification in Other Situations Clause in Contracts

Indemnification in Other Situations. In the event that Section 8(a) is inapplicable or in the event that any Proceeding to which Indemnitee is a party is resolved by adverse judgment against Indemnitee, the Company shall also indemnify Indemnitee for Expenses actually and reasonably incurred in connection therewith and Other Liabilities if Indemnitee has not failed to meet the applicable standard of conduct for indemnification pursuant to the GCL.

Appears in 4 contracts

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

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