Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to Indemnitee, whether or not involving action in his official capacity, in which he was adjudged liable on the basis that personal benefit was improperly received by him.
Appears in 7 contracts
Samples: Indemnification Agreement (Si International Inc), Indemnification Agreement (Regen Biologics Inc), Indemnification Agreement (Accupoll Holding Corp)
Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in his official capacity, in which he was adjudged liable on the basis that personal benefit was improperly received by him.
Appears in 5 contracts
Samples: Indemnification Agreement (Cyberdefender Corp), Indemnification Agreement (Cyberdefender Corp), Indemnification Agreement (Safenet Inc)
Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to Indemnitee, whether or not involving action in his official capacity, in which he was adjudged liable on the basis that personal benefit was improperly received by himIndemnitee.
Appears in 4 contracts
Samples: Indemnification Agreement (Advanced Switching Communications Inc), Indemnification Agreement (Versatility Inc), Indemnification Agreement (Versatility Inc)
Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in his or her official capacity, in which he or she was adjudged liable on the basis that personal benefit was improperly received by himhim or her.
Appears in 3 contracts
Samples: Indemnification Agreement (Great Basin Scientific, Inc.), Indemnification Agreement (Helios & Matheson Analytics Inc.), Indemnification Agreement (Helios & Matheson Analytics Inc.)
Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in his or her official capacity, in which he was adjudged liable on the basis that personal benefit was improperly received by himhim or her.
Appears in 1 contract
Samples: Indemnification Agreement (Universal Biosensors Inc)
Indemnification Prohibited. Notwithstanding the provisions of Sections -------------------------- 3 and 4, no indemnification shall be made in connection with any Proceeding charging improper personal benefit to the Indemnitee, whether or not involving action in his official capacity, in which he was adjudged liable on the basis that personal benefit was improperly received by him.
Appears in 1 contract
Indemnification Prohibited. Notwithstanding the provisions of Sections 3 and 4, no indemnification shall be made in connection with any Proceeding or any claim, issue or matter therein charging improper personal benefit to the Indemnitee, whether or not involving action in his or her official capacity, in which he or she was adjudged liable on the basis that personal benefit was improperly received by himhim or her.
Appears in 1 contract
Samples: Indemnification Agreement (Helios & Matheson Analytics Inc.)
