Common use of Indemnity Not Exclusive Clause in Contracts

Indemnity Not Exclusive. The indemnification provided by this Article V shall not be deemed exclusive of any other rights to which those seeking indemnification may be entitled under any Bylaw, agreement, vote of shareholders or directors or otherwise, both as to action in an official capacity and as to action in another capacity while holding such office. The rights to indemnity hereunder shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such person.

Appears in 2 contracts

Samples: Merger Agreement (Phone Com Inc), Merger Agreement (Peerless Systems Corp)

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Indemnity Not Exclusive. The indemnification provided by this Article V IX shall not be deemed exclusive of any other rights to which those seeking indemnification may be entitled under any Bylawbylaw, agreement, vote of shareholders or disinterested directors or otherwise, both as to action in an official capacity and as to action in another capacity while holding such office. The , to the extent that such additional rights to indemnity hereunder shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to indemnification are authorized in the benefit Articles of the heirs, executors and administrators of such personIncorporation.

Appears in 1 contract

Samples: Reorganization Agreement (Hydrogen Burner Technology Inc)

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Indemnity Not Exclusive. The indemnification provided by this Article V VIII shall not be deemed exclusive of any other rights to which those seeking indemnification may be entitled under any Bylawbylaw, agreement, vote of shareholders stockholders or disinterested directors or otherwise, both as to action in an official capacity and as to action in another capacity while holding such office. The , to the extent that such additional rights to indemnity hereunder shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to indemnification are authorized in the benefit certificate of the heirs, executors and administrators of such person.incorporation

Appears in 1 contract

Samples: Merger Agreement (Radiologix Inc)

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