Common use of Indemnification of Other Persons Clause in Contracts

Indemnification of Other Persons. The Company may grant the right of indemnification and to receive payment from the Company to any of its employees or agents, current or past, for expenses incurred with respect to any procedure prior to the final judgment, in accordance with the clauses of this Article 10 addressing indemnification and estimate of expenses incurred by the directors and employees of the Company.

Appears in 4 contracts

Samples: Concession Agreement for the Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc), Concession Agreement for Exploration and Exploitation of Hydrocarbons (Infinity Energy Resources, Inc)

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Indemnification of Other Persons. The Company may grant rights to indemnification to any present or former employee or agent of the right Company or any predecessor of indemnification and to receive payment from the Company to any the fullest extent of its employees or agents, current or past, for expenses incurred the provisions of this Article 8 with respect to any procedure prior to the final judgment, in accordance with the clauses indemnification of this Article 10 addressing indemnification and estimate of expenses incurred by the directors and employees officers of the Company.

Appears in 1 contract

Samples: Contribution Agreement (Earthstone Energy Inc)

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