Common use of Indemnification of Director Clause in Contracts

Indemnification of Director. The Company hereby agrees that it shall hold harmless and indemnify Director to the fullest extent authorized and permitted by the provisions of the Articles and the Company's Bylaws (the "BYLAWS") and the provisions of the Corporation Act, or by any amendment thereof, but in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the Articles, Bylaws or Corporation Act permitted the Company to provide prior to such amendment, or other statutory provisions authorizing or permitting such indemnification which is adopted after the date hereof.

Appears in 2 contracts

Samples: Indemnification Agreement (Mannatech Inc), Indemnification Agreement (Mannatech Inc)

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Indemnification of Director. The Company hereby agrees that it shall hold harmless and indemnify Director to the fullest extent authorized and permitted by the provisions of the Articles and the Company's Bylaws (the "BYLAWS") and the provisions of the Corporation Act, or by any amendment thereof, but in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the Articles, Bylaws or Corporation Act permitted the Company to provide prior to such amendment, or other statutory provisions authorizing or permitting such indemnification which is adopted after the date hereof.

Appears in 1 contract

Samples: Indemnification Agreement (Millers Mutual Fire Insurance Co)

Indemnification of Director. The Company hereby agrees that it shall hold harmless and indemnify Director to the fullest extent authorized and permitted by the provisions of the Articles Certificate and the Company's Bylaws (the "BYLAWS") By-Laws and the provisions of the Corporation ActLaw, or by any amendment thereof, but in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the ArticlesCertificate, Bylaws By-Laws or Corporation Act Law permitted the Company to provide prior to such amendment, or other statutory provisions authorizing or permitting such indemnification which is adopted after the date hereof.

Appears in 1 contract

Samples: Indemnification Agreement (United Meridian Corp)

Indemnification of Director. The Company hereby agrees that it shall hold harmless and indemnify Director to the fullest extent authorized and permitted by the provisions of the Articles Certificate and By-Laws of the Company's Bylaws Company (the "BYLAWSBy-Laws") and the provisions of the Corporation ActLaw, or by any amendment thereof, but in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the ArticlesCertificate, Bylaws By-Laws or Corporation Act permitted Law permits the Company to provide prior to such amendment, or other statutory provisions authorizing or permitting such indemnification which is adopted after the date hereof.

Appears in 1 contract

Samples: Indemnification Agreement (Pharmerica Inc)

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Indemnification of Director. The Company hereby agrees that it shall hold harmless and indemnify Director to the fullest extent authorized and permitted by the provisions of the Articles Certificate of Incorporation and the Company's Bylaws (the "BYLAWS") and the provisions of the Corporation ActLaw, or by any amendment thereof, but in the case of any such amendment, only to the extent that such amendment permits the Company to provide broader indemnification rights than the ArticlesCertificate of Incorporation, Bylaws or Corporation Act Law permitted the Company to provide prior to such amendment, or other statutory provisions authorizing or permitting such indemnification which is are adopted after the date hereof.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Cinemark Inc)

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