Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses by Indemnitee in connection with the defense or settlement of such Proceeding, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 2 contracts
Samples: Indemnity Agreement (Pixelworks, Inc), Indemnity Agreement (Pixelworks, Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 4 5 if the Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor favor, against all reasonable Expenses actually and reasonably incurred by the Indemnitee in connection with the defense or settlement of such Proceeding, but only if the Indemnitee acted in good faith and in a manner which the Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation. However, except that no indemnification for Expenses shall be made under this Section 4 5 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable for negligence or misconduct in the performance of the Indemnitee's duty to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, the Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 2 contracts
Samples: Form of Indemnity Agreement (Key Technology Inc), Indemnity Agreement (Gemstone Systems Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in accordance connection with the provisions defense or settlement of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses by Indemnitee in connection with the defense or settlement of such Proceedingfavor, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, ; except that no indemnification for Expenses shall be made under this Section 4 section in respect of any claim, issue or matter as to which such person Indemnitee shall have been finally adjudged by a court to be liable to the Corporation for negligence or misconduct in the performance of Indemnitee’s duty to the Corporation, unless (and then only to the extent that any that) the court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity.indemnity for such Expenses which such court shall deem proper.
Appears in 2 contracts
Samples: Indemnification Agreement (Peak Resorts Inc), Executive Employment Agreement (Peak Resorts Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding Proceedings by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such Proceeding, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable for negligence or misconduct in the performance of Indemnitee's duty to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 1 contract
Samples: Indemnity Agreement (Electro Scientific Industries Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such Proceeding, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 1 contract
Samples: Indemnity Agreement (Metro One Telecommunications Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such Proceeding, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances circumstance of the case, Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 1 contract
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 4 4, if the Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor favor, against all reasonable Expenses actually and reasonably incurred by the Indemnitee in connection with such Proceeding if the defense or settlement conduct of such Proceeding, but only if the Indemnitee acted was in good faith and in a manner which the Indemnitee reasonably believed to be that the Indemnitee's conduct was in or not opposed to the best interests of the Corporation, except that no or at least not opposed to its best interests. However, the Indemnitee shall not be entitled to indemnification for Expenses shall be made under this Section 4 in respect of connection with any claim, issue or matter as to Proceeding in which such person shall have the Indemnitee has been finally adjudged by a court to be liable to the Corporation, Corporation unless and only to the extent that any the court in which conducting such Proceeding was brought shall determine or any other court of competent jurisdiction determines upon application that, despite the adjudication of liability but in view of all liability, the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnityindemnification in view of all the relevant circumstances.
Appears in 1 contract
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 4 5 if the Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor favor, against all reasonable Expenses actually and reasonably incurred by the Indemnitee in connection with the defense or settlement of such Proceeding, but only if the Indemnitee acted in good faith and in a manner which the Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation. However, except that no indemnification for Expenses shall be made under this Section 4 5 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable for negligence or misconduct in the performance of the Indemnitee’s duty to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, the Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 1 contract
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 4 4, if the Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor favor, against all reasonable Expenses actually and reasonably incurred by the Indemnitee in connection with such Proceeding if the defense or settlement conduct of such Proceeding, but only if the Indemnitee acted was in good faith and in a manner which the Indemnitee reasonably believed to be that the Indemnitee’s conduct was in or not opposed to the best interests of the Corporation, except that no or at least not opposed to its best interests. However, the Indemnitee shall not be entitled to indemnification for Expenses shall be made under this Section 4 in respect of connection with any claim, issue or matter as to Proceeding in which such person shall have the Indemnitee has been finally adjudged by a court to be liable to the Corporation, Corporation unless and only to the extent that any the court in which conducting such Proceeding was brought shall determine or any other court of competent jurisdiction determines upon application that, despite the adjudication of liability but in view of all liability, the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnityindemnification in view of all the relevant circumstances.
Appears in 1 contract
Samples: Indemnity Agreement (Nike Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such Proceeding, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which such person shall have been finally adjudged by a court to be liable to the Corporation, unless and only to the extent that any court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnity.
Appears in 1 contract
Samples: Indemnity Agreement (Pixelworks Inc)
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee in accordance with the provisions of this Section 4 if Paragraph, against all Expenses actually and reasonably incurred by Indemnitee is a party to in connection with the defense or threatened to be made a party to settlement of any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses by Indemnitee in connection with the defense or settlement of such Proceedingfavor, but only if Indemnitee acted in good faith and in a manner which Indemnitee he or she reasonably believed to be in or not opposed to the best interests of the Corporation, except that no indemnification for Expenses shall be made under this Section 4 Paragraph in respect of any claim, issue issue, or matter as to which such person Indemnitee shall have been finally adjudged by a court to be liable to the Corporation for negligence or misconduct in the performance of his or her duty to the Corporation, unless and only to the extent that any the court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnityindemnity for such Expenses which such court shall deem proper.
Appears in 1 contract
Samples: Veterinary Pet Services Inc
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify the Indemnitee in accordance with the provisions of this Section 4 4, if the Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor favor, against all reasonable Expenses actually and reasonably incurred by the Indemnitee in connection with such Proceeding if the defense or settlement conduct of such Proceeding, but only if the Indemnitee acted was in good faith and in a manner which the Indemnitee reasonably believed to be that the Indemnitee's conduct was in or not opposed to the best interests of the Corporation, except that no or at least not opposed to its best interests. However, the Indemnitee shall not be entitled to indemnification for Expenses shall be made under this Section 4 in respect of connection with any claim, issue or matter as to Proceeding in which such person shall have the Indemnitee has been finally adjudged by a court to be liable to the Corporation, Corporation unless and only to the extent that any the court in which conducting such Proceeding was brought shall determine or any other court of competent jurisdiction determines upon application that, despite the adjudication of liability but in view of all liability, the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnityindemnification in view of all the relevant circumstances.
Appears in 1 contract
Indemnity in Proceedings by or in the Right of the Corporation. The Corporation shall indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in accordance connection with the provisions defense or settlement of this Section 4 if Indemnitee is a party to or threatened to be made a party to any Proceeding by or in the right of the Corporation to procure a judgment in its favor against all reasonable Expenses by Indemnitee in connection with the defense or settlement of such Proceedingfavor, but only if Indemnitee acted in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Corporation, ; except that no indemnification for Expenses shall be made under this Section 4 section in respect of any claim, issue or matter as to which such person Indemnitee shall have been finally adjudged by a court to be liable to the Corporation for negligence or misconduct in the performance of Indemnitee's duty to the Corporation, unless (and then only to the extent that any that) the court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnityindemnity for such Expenses which such court shall deem proper.
Appears in 1 contract
Samples: Employment Agreement (Spartech Corp)