Insurance and Funding. Corporation hereby represents and warrants that it shall purchase and maintain insurance to protect itself and/or Director against any Expenses and Liabilities in connection with any Proceeding to the fullest extent permitted by the Law.
Appears in 5 contracts
Samples: Indemnification Agreement (Endocare Inc), Indemnification Agreement (Rubios Restaurants Inc), Indemnification Agreement (Collegeclub Com Inc)
Insurance and Funding. Corporation hereby represents and warrants that it shall purchase and maintain insurance to protect itself and/or Director against any Expenses and Liabilities in connection with any Proceeding to the fullest extent permitted by the Law. In the event of a Change of Control, Corporation shall establish a letter of credit, as provided in Section 9, to ensure the payment of such amounts as may be necessary to effect indemnification or advancement of Expenses as provided in this Agreement.
Appears in 5 contracts
Samples: Indemnification Agreement (Dura Pharmaceuticals Inc/Ca), Indemnification Agreement (Dura Pharmaceuticals Inc/Ca), Indemnification Agreement (Sequenom Inc)
Insurance and Funding. Corporation hereby represents and warrants that it shall purchase and maintain insurance to protect itself and/or Director Officer against any Expenses and Liabilities in connection with any Proceeding to the fullest extent permitted by the Law. In the event of a Change of Control, Corporation shall establish a letter of credit, as provided in Section 9, to ensure the payment of such amounts as may be necessary to effect indemnification or advancement of Expenses as provided in this Agreement.
Appears in 5 contracts
Samples: Indemnification Agreement (Sequenom Inc), Indemnification Agreement (Dura Pharmaceuticals Inc/Ca), Indemnification Agreement (Dura Pharmaceuticals Inc/Ca)
Insurance and Funding. Corporation hereby represents and warrants that it shall purchase and maintain insurance to protect itself and/or Director Indemnitee to the fullest extent permitted by the Law against any Expenses and Liabilities in connection with any Proceeding to the fullest extent permitted by the LawProceeding.
Appears in 3 contracts
Samples: Indemnification Agreement (Memec Inc), Indemnification Agreement (Provide Commerce Inc), Form of Indemnification Agreement (Odimo INC)