INDEMNIFICATION OF LOSSES. So long as Executive’s actions were taken in good faith and in furtherance of Company’s business and within the scope of Executive’s duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, and Company shall defend Executive, at Company’s expense, in connection with any and all claims by stockholders or third parties.
Appears in 12 contracts
Samples: Employment Agreement (Ideal Power Inc.), Employment Agreement (Ideal Power Inc.), Employment Agreement (Ideal Power Inc.)
INDEMNIFICATION OF LOSSES. So long as Executive’s 's actions were taken in good faith and in furtherance of Company’s 's business and within the scope of Executive’s 's duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, and Company shall defend Executive, at Company’s 's expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by Executive to discharge his duties under this Agreement.
Appears in 11 contracts
Samples: Employment Agreement (Staar Surgical Company), Employment Agreement (Staar Surgical Company), Employment Agreement (Staar Surgical Company)
INDEMNIFICATION OF LOSSES. So long as Executive’s 's actions were taken in good faith and in furtherance of the Company’s 's business and within the scope of Executive’s 's duties and authority, the Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, and the Company shall defend Executive, at the Company’s 's expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by Executive to discharge his duties under this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (American Environmental Energy, Inc.), Employment Agreement (Secured Diversified Investment LTD), Employment Agreement (Blackwater Midstream Corp.)
INDEMNIFICATION OF LOSSES. So long as the Executive’s 's actions were taken in good faith and in furtherance of the Company’s 's business and within the scope of the Executive’s 's duties and authority, the Company shall indemnify and hold the Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by the Executive as a result of any action taken by him to discharge in connection with his duties under this Agreement, and the Company shall defend the Executive, at the Company’s 's expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by the pursuant to this agreement to the full extent of Delaware law.
Appears in 3 contracts
Samples: Employment Agreement (Gwin Inc), Employment Agreement (Gwin Inc), Employment Agreement (Gwin Inc)
INDEMNIFICATION OF LOSSES. So long as Executive’s actions were taken in good faith and in furtherance of Company’s business and within the scope of Executive’s duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, and Company shall defend Executive, at Company’s expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by Executive to discharge his duties under this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (Petrosonic Energy, Inc.), Employment Agreement (Petrosonic Energy, Inc.), Employment Agreement (Clearsign Combustion Corp)
INDEMNIFICATION OF LOSSES. So long as Executive’s actions were taken in good faith and in furtherance of Company’s business and within the scope of Executive’s duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, Agreement and Company shall defend Executive, at Company’s expense, in connection with any and all claims by stockholders or third parties.
Appears in 2 contracts
Samples: Employment Agreement (Clearsign Combustion Corp), Employment Agreement (Clearsign Combustion Corp)
INDEMNIFICATION OF LOSSES. So long as Executive’s 's actions were taken in good faith and in furtherance of Company’s 's business and within the scope of Executive’s 's duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him her to discharge his her duties under this Agreement, and Company shall defend Executive, at Company’s 's expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by Executive to discharge her duties under this Agreement.
Appears in 1 contract
INDEMNIFICATION OF LOSSES. So long as Executive’s actions were taken in good faith and in furtherance of Company’s business and within the scope of Executive’s duties and authority, Company shall indemnify and hold Executive harmless to the full extent of the law from any and all claims, losses and expenses sustained by Executive as a result of any action taken by him to discharge his duties under this Agreement, and Company shall defend Executive, at Company’s expense, in connection with any and all claims by stockholders or third partiesparties which are based upon actions taken by Executive to discharge his duties under this Agreement.
Appears in 1 contract
