Indemnification of Director. State Auto shall indemnify the Director to the maximum extent permitted by the OCL in effect on the date of this Agreement, and as the OCL may be hereafter amended from time to time (but, in the case of any such amendment, only to the extent the amendment permits State Auto to provide broader indemnification rights and protection than the OCL permitted State Auto to provide before the amendment), by reason of the Director serving as a Corporate Fiduciary (as defined in Section 19).
Appears in 3 contracts
Samples: Indemnification Agreement (State Auto Financial CORP), Indemnification Agreement (State Auto Financial CORP), Indemnification Agreement (State Auto Financial CORP)
Indemnification of Director. State Auto shall indemnify the Director to the maximum extent permitted by the OCL in effect on the date of this Agreement, and as the OCL may be hereafter amended from time to time (but, in the case of any such amendment, only to the extent the amendment permits State Auto to provide broader indemnification rights and protection than the OCL permitted State Auto to provide before the amendment), by reason of the Director serving as a Corporate Fiduciary (as defined in Section 1919 of this Agreement).
Appears in 1 contract
Samples: Indemnification Agreement (State Auto Financial CORP)
