Common use of Liability of Directors and Officers Clause in Contracts

Liability of Directors and Officers. (a) Each party agrees that it will release its rights against, and will not make any claim against, any past or present director or employee of the other in relation to information provided to it or in relation to its entry into this agreement. In this clause 7.7(a), the reference to any past or present director or employee of the other refers to any past or present director or employee of the B2Gold Group or the Papillon Group.

Appears in 2 contracts

Samples: Merger Implementation Agreement (B2gold Corp), Merger Implementation Agreement

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Liability of Directors and Officers. (a) Each party agrees that it will release its rights against, and will not make any claim against, any past or present director or employee of the other in relation to information provided to it or in relation to its entry into this agreement. In this clause 7.7(a), agreement to the reference to any extent that the past or present director or employee of the other refers to any past or present director or employee of the B2Gold Group or the Papillon Grouphas acted in good faith.

Appears in 1 contract

Samples: Merger Implementation Agreement (B2gold Corp)

Liability of Directors and Officers. (a) Each party agrees that it will release its rights against, and will not make any claim against, any past or present director or employee of the other in relation to information provided to it or in relation to its entry into this agreement. In this clause 7.7(a), Agreement to the reference to any extent that the past or present director or employee of the other refers to any past or present director or employee of the B2Gold Group or the Papillon Grouphas acted in good faith.

Appears in 1 contract

Samples: Scheme Implementation Agreement (Entree Gold Inc)

Liability of Directors and Officers. (a) Each party agrees that it will release its rights against, and will not make any claim against, any past or present director or employee of the other in relation to information provided to it or in relation to its entry into this agreement. In this clause 7.7(a), agreement to the reference to any extent that the past or present director or employee of the other refers to any past or present director or employee of the B2Gold Group or the Papillon Group.has acted in good faith.β€Œ

Appears in 1 contract

Samples: Merger Implementation Agreement

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Liability of Directors and Officers. (a) Each party agrees that it will release its rights against, and will not make any claim against, any past or present director director, officer or employee of the other in relation to information provided to it or in relation to its entry into this agreement, except where the person has not acted in good faith or has engaged in wilful misconduct. In this clause 7.7(a8.7(a), the a reference to any past or present director director, officer or employee of the other refers to any past or present director director, officer or employee of the B2Gold KCE Group or the Papillon Coalspur Group.

Appears in 1 contract

Samples: Scheme Implementation Agreement

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