Common use of INDEMNIFICATION OF INDEMNITEE'S ESTATE Clause in Contracts

INDEMNIFICATION OF INDEMNITEE'S ESTATE. Notwithstanding any other provision of this Agreement, and regardless whether indemnification of the Indemnitee would be permitted and/or required under this Agreement, if the Indemnitee is deceased, the Corporation shall indemnify and hold harmless the Indemnitee’s estate, spouse, heirs, administrators, personal representatives and executors (collectively the “Indemnitee’s Estate”) against, and the Corporation shall assume, any and all claims, damages, Expenses, penalties, judgments and fines actually incurred by the Indemnitee or the Indemnitee’s Estate in connection with the investigation, defense, settlement or appeal of any Proceeding. Indemnification of the Indemnitee’s Estate pursuant to this Section 11 shall be mandatory and not require any determination or finding that the Indemnitee’s conduct satisfied a particular standard of conduct.

Appears in 4 contracts

Samples: Indemnification Agreement (Mod Pac Corp), Indemnification Agreement (Mod Pac Corp), Indemnification Agreement (Mod Pac Corp)

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INDEMNIFICATION OF INDEMNITEE'S ESTATE. Notwithstanding any other provision of this Agreement, and regardless of whether indemnification of the Indemnitee would be permitted and/or required under this Agreement, if the Indemnitee is deceased, the Corporation shall indemnify and hold harmless the Indemnitee’s 's estate, spouse, heirs, administrators, personal representatives or legal representatives, executors and executors trustees (collectively the "Indemnitee’s 's Estate") against, and the Corporation shall assume, any and all claims, damages, Expenses, penalties, judgments and fines Expenses actually incurred by the Indemnitee or the Indemnitee’s 's Estate in connection with the investigation, defense, settlement or appeal of any ProceedingClaim. Indemnification of the Indemnitee’s 's Estate pursuant to this Section 11 Paragraph 12 shall be mandatory and not require any determination or finding that the Indemnitee’s 's conduct satisfied a particular standard of conduct.

Appears in 3 contracts

Samples: Indemnification Agreement (Volt Information Sciences, Inc.), Indemnification Agreement (Volt Information Sciences, Inc.), Indemnification Agreement (Volt Information Sciences, Inc.)

INDEMNIFICATION OF INDEMNITEE'S ESTATE. Notwithstanding any other provision of this Agreement, and regardless whether indemnification of the Indemnitee would be permitted and/or required under this Agreement, if the Indemnitee is deceased, the Corporation shall indemnify and hold harmless the Indemnitee’s 's estate, spouse, heirs, administrators, personal representatives and executors (collectively the "Indemnitee’s 's Estate") against, and the Corporation shall assume, any and all claims, damages, Expenses, penalties, judgments and fines actually incurred by the Indemnitee or the Indemnitee’s 's Estate in connection with the investigation, defense, settlement or appeal of any Proceeding. Indemnification of the Indemnitee’s 's Estate pursuant to this Section 11 shall be mandatory and not require any determination or finding that the Indemnitee’s 's conduct satisfied a particular standard of conduct.

Appears in 2 contracts

Samples: Indemnification Agreement (Moog Inc), Indemnification Agreement (Astronics Corp)

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INDEMNIFICATION OF INDEMNITEE'S ESTATE. Notwithstanding any other provision of this Agreement, and regardless of whether indemnification of the Indemnitee would be permitted and/or required under this Agreement, if the Indemnitee is deceased, the Corporation shall indemnify and hold harmless the Indemnitee’s 's estate, spouse, heirs, administrators, personal representatives or legal representatives, executors and executors trustees (collectively the "Indemnitee’s 's Estate") against, and the Corporation shall assume, any and all claims, damages, Expenses, penalties, judgments and fines Expenses actually incurred by the Indemnitee or the Indemnitee’s 's Estate in connection with the investigation, defense, settlement or appeal of any ProceedingClaim. Indemnification of the Indemnitee’s 's Estate pursuant to this Section 11 Paragraph 12 shall be mandatory and not require any determination or finding that the Indemnitee’s 's conduct satisfied a particular standard of conduct. 13.

Appears in 1 contract

Samples: Indemnification Agreement

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