Common use of Indemnification of Employees and Agents of the Corporation Clause in Contracts

Indemnification of Employees and Agents of the Corporation. The Corporation may, to the extent authorized from time to time by the Board of Directors, grant rights to indemnification and to the advancement of expenses to any employee or agent of the Corporation to the fullest extent of the provisions of this Article IV with respect to the indemnification and advancement of expenses of directors and officers of the Corporation.

Appears in 2 contracts

Samples: Merger Agreement (Clearwater Paper Corp), Merger Agreement (Cellu Tissue Holdings, Inc.)

AutoNDA by SimpleDocs

Indemnification of Employees and Agents of the Corporation. The Corporation corporation may, to the extent authorized from time to time by the Board of DirectorsBoard, grant rights to indemnification and to the advancement Advancement of expenses Expenses to any employee or agent of the Corporation corporation to the fullest extent of the provisions of this Article IV VI with respect to the indemnification and advancement Advancement of expenses Expenses of directors and officers of the Corporationcorporation.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Autotradecenter Com Inc)

AutoNDA by SimpleDocs

Indemnification of Employees and Agents of the Corporation. The Corporation corporation may, to by action of the extent authorized from time to time by the Board of DirectorsBoard, grant rights to indemnification and to the advancement of expenses to any employee employees or agent agents or groups of employees or agents of the Corporation to corporation with the fullest extent of same scope and effect as the provisions of this Article IV Section 10 with respect to the indemnification and advancement of expenses of directors Directors and officers of the Corporationcorporation; provided, however, that an undertaking shall be made by an employee or agent only if required by the Board.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Intracel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!