Common use of Indemnification; Liability Insurance Clause in Contracts

Indemnification; Liability Insurance. To the extent provided in the Company’s Code of Regulations and Certificate of Incorporation, and subject to the limitations on indemnification provided under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and regulations thereto (the “Xxxx-Xxxxx Act”), the Company shall indemnify Executive for losses or damages incurred by Executive as a result of all causes of action arising from Executive’s performance of duties for the benefit of the Company, whether or not the claim is asserted during the Employment Period. Executive shall be provided with the same level of directors and officers liability insurance coverage provided to other directors and officers of the Company on the same terms and conditions applicable to such other directors and officers.

Appears in 10 contracts

Samples: Employment Agreement (Six Flags Entertainment Corporation/New), Employment Agreement (Six Flags Entertainment Corporation/New), Employment Agreement (Six Flags Entertainment Corporation/New)

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Indemnification; Liability Insurance. To the extent provided in the Company’s Code of Regulations and Certificate of Incorporation, and subject to the limitations on indemnification provided under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and regulations thereto (the “Xxxx-Xxxxx Act”)) and regulations thereto, the Company shall indemnify Executive for losses or damages incurred by Executive as a result of all causes of action arising from Executive’s performance of duties for the benefit of the Company, whether or not the claim is asserted during the Employment Period. Executive shall be provided with the same level of directors and officers liability insurance coverage provided to other directors and officers of the Company on the same terms and conditions applicable to such other directors and officers.

Appears in 1 contract

Samples: Employment Agreement (Cedar Fair L P)

Indemnification; Liability Insurance. To the extent provided in the Company’s Code of Regulations and Certificate of Incorporation, and subject to the limitations on indemnification provided under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and regulations thereto (the “Xxxx-Xxxxx Act”)) and regulations thereto, the Company shall indemnify Executive for losses or damages incurred by Executive as a result of all causes of action arising from Executive’s 's performance of duties for the benefit of the Company, whether or not the claim is asserted during the Employment Period. Executive shall be provided with the same level of directors and officers liability insurance coverage provided to other directors and officers of the Company on the same terms and conditions applicable to such other directors and officers.

Appears in 1 contract

Samples: Employment Agreement (Cedar Fair L P)

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Indemnification; Liability Insurance. To the extent provided in the Company’s Code of Regulations and Certificate of Incorporation, and subject to the limitations on indemnification provided under the XxxxDodd-Xxxxx Xxxx Frank Wall Street Reform and Consumer Protection Act and regulations thereto (the “XxxxDodd-Xxxxx Frank Act”), the Company shall indemnify Executive for losses or damages incurred by Executive as a result of all causes of action arising from Executive’s performance of duties for the benefit of the Company, whether or not the claim is asserted during the Employment Period. Executive shall be provided with the same level of directors and officers liability insurance coverage provided to other directors and officers of the Company on the same terms and conditions applicable to such other directors and officers.

Appears in 1 contract

Samples: Employment Agreement (Six Flags Entertainment Corporation/New)

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