Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current directors and officers ("Indemnified Parties") of the Company for acts and omissions occurring prior to the Effective Time, as provided in the Company's Bylaws (as in effect as of the date of this Agreement) and as provided in the indemnification agreements between the Company and said officers and directors (as in effect as of the date of this Agreement), shall survive the Merger and shall be observed by the Surviving Corporation for a period of not less than six years from the Effective Time.
Appears in 4 contracts
Samples: 6 Agreement and Plan of Merger and Reorganization (Sequana Therapeutics Inc), 6 Agreement and Plan of Merger and Reorganization (Arris Pharmaceutical Corp/De/), 6 Agreement and Plan of Merger and Reorganization (Sequana Therapeutics Inc)
Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current directors and officers ("Indemnified Parties") of the Company for acts and omissions occurring prior to the Effective Time, as provided in the Company's Bylaws (as in effect as of the date of this Agreement) and as provided in the any indemnification agreements between the Company and said officers and directors (as in effect as of the date of this Agreement), shall survive the Merger and shall be observed by Parent and the Surviving Corporation for a period of not less than six (6) years from the Effective Time.
Appears in 4 contracts
Samples: Agreement and Plan of Merger and Reorganization (Lipson David S), Agreement and Plan of Merger and Reorganization (Integrated Systems Consulting Group Inc), Agreement and Plan of Merger (Safeguard Scientifics Inc Et Al)
Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current directors and officers ("Indemnified Parties") of the Company for acts and omissions occurring prior to the Effective Time, as provided in the Company's Articles of Incorporation or Bylaws (as in effect as of the date of this Agreement) and as provided in the any indemnification agreements between the Company and said officers and directors (as in effect as of at the date of this AgreementEffective Time), shall survive the Merger and shall be the obligation of and observed by Parent and the Surviving Corporation for a period of not less than six eight (8) years from and after the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Siebel Systems Inc), Agreement and Plan (Scopus Technology Inc), Agreement and Plan (Scopus Technology Inc)
Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current those Persons who are directors and officers ("Indemnified Parties") of the Company as of the date of this Merger Agreement (the "INDEMNIFIED PERSONS") for acts and omissions occurring prior to the Effective Time, as provided in the Company's Bylaws By-Laws (as in effect as of the date of this Agreement) and as provided in the indemnification agreements between the Company and said officers and directors (as in effect as of the date of this Merger Agreement), shall survive the Merger and shall be observed by the Surviving Corporation to the fullest extent permitted by Delaware law for a period of not less than six years from the Effective Time.
Appears in 2 contracts
Samples: Affiliates Agreement (Veeco Instruments Inc), Affiliates Agreement (Veeco Instruments Inc)
Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current directors and officers ("Indemnified Parties") of the Company for acts and omissions occurring prior to the Effective Time, as provided in the Company's Bylaws bylaws (as in effect as of the date of this Agreement) and as provided in the any indemnification agreements between the Company and said officers and directors (as in effect as of the date of this Agreement), shall survive the Merger and shall be observed by the Surviving Corporation for a period of not less than six (6) years from the Effective Time.
Appears in 1 contract
Indemnification of Officers and Directors. (a) All rights to indemnification existing in favor of the current directors and officers ("Indemnified Parties") of the Company for acts and omissions occurring prior to the Effective Time, as provided in the Company's Bylaws (as in effect as of the date of this Agreement) and as provided in the indemnification agreements between the Company and said officers and directors (as in effect as of the date of this Agreement), shall survive the Merger Merger, and Parent shall be observed by cause the Surviving Corporation to perform all of its obligations arising thereunder for a period of not less than six years from the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Sungard Data Systems Inc)
