Common use of Inducement Clause in Contracts

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 11 contracts

Samples: Indemnification Agreement (Liquidia Corp), Indemnification Agreement (Liquidia Technologies Inc), Indemnification Agreement (Liquidia Technologies Inc)

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Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 4 contracts

Samples: Indemnification Agreement (Riscorp Inc), Indemnity Agreement (Riscorp Inc), Indemnity Agreement (Friedmans Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 2 contracts

Samples: Indemnification Agreement (Headhunter Net Inc), Indemnification Agreement (Headhunter Net Inc)

Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnity Agreement (Renal Care Group Inc)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Indemnification & Liability (Act II Global Acquisition Corp.)

Inducement. The Corporation expressly confirms and agrees that it has ---------- entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Ameripath Inc)

Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement hereby in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on upon this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan plan, or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Cti Molecular Imaging Inc)

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Inducement. The Corporation Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation Company acknowledges that Indemnitee is relying on this Agreement in serving as a director, officer, employee or agent of the Corporation Company or, at the request of the CorporationCompany, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity. 22.

Appears in 1 contract

Samples: Indemnification Agreement (MiX Telematics LTD)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director Director, Officer and/or OfficerKey Employee, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee Key Employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Kadmon Holdings, LLC)

Inducement. The Corporation expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it under this Agreement in order to induce Indemnitee to serve or continue to serve as a Director and/or Officer, and the Corporation acknowledges that Indemnitee is relying on this Agreement in serving as a directorDirector, officerOfficer, employee or agent of the Corporation or, at the request of the Corporation, as a director, officer, partner, trustee, employee, or agent of another foreign or domestic corporation, partnership, limited liability company, joint venture, trust, employee benefit plan or other entity.

Appears in 1 contract

Samples: Indemnification Agreement (Katapult Holdings, Inc.)

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