Indemnity Not Exclusive. The indemnification and advancement of Expenses provided by, or granted pursuant to, the provisions of this Section 14, shall not be deemed exclusive of any other rights to which any Person seeking indemnification or advancement of Expenses may be entitled under any agreement, vote of Members, or otherwise, both as to action in such Person’s capacity as an agent of the Company and as to action in another capacity while serving as an agent. All rights to indemnification under this Section 14 shall be deemed to be provided by a contract between the Company and each Member and officer, if any, of the Company who serves in such capacity at any time while this Agreement and relevant provisions of the Act and other applicable law, if any are in effect. Any repeal or modification hereof or thereof shall not affect any such rights then existing.
Appears in 2 contracts
Samples: Operating Agreement, Operating Agreement (Aptitude Solutions, Inc.)
Indemnity Not Exclusive. The indemnification and advancement of Expenses provided by, or granted pursuant to, the provisions of this Section 14Article XII, shall not be deemed exclusive of any other rights to which any Person seeking indemnification or advancement of Expenses may be entitled under any agreement, vote of Managers or Members, or otherwise, both as to action in such Person’s capacity as an agent of the Company and as to action in another capacity while serving as an agent. All rights to indemnification under this Section 14 Article XII shall be deemed to be provided by a contract between the Company and each Member and officer, if any, of the Company Manager who serves in such capacity at any time while this Agreement and relevant provisions of the Act and other applicable law, if any any, are in effect. Any repeal or modification hereof or thereof shall not affect any such rights then existing.
Appears in 1 contract
Indemnity Not Exclusive. The indemnification and advancement of Expenses expenses provided by, or granted pursuant to, the provisions of this Section 14Article 11, shall not be deemed exclusive of any other rights to which any Person person seeking indemnification or advancement of Expenses expenses may be entitled under any agreement, vote of Managers or Members, or otherwise, both as to action in such Person’s person's capacity as an agent of the Company and as to action in another capacity while serving as an agent. All rights to indemnification under this Section 14 Article 11 shall be deemed to be provided by a contract between the Company and each Member Member, Manager and officer, if any, of the Company who serves in such capacity at any time while this Agreement and relevant provisions of the Act and other applicable lawlaws, if any any, are in effect. Any repeal or modification hereof or thereof shall not affect any such rights then existing.
Appears in 1 contract
Samples: Operating Agreement