LIABILITY STANDARDS. This Agreement shall be construed on the basis of the duties owed by Indemnitee as a director of the Company, and the standards for determining liability in damages for a breach thereof, which apply to each particular Claim. The parties acknowledge that changes in such duties or such liability standards may result in an expansion or contraction of the Company's indemnification exposure hereunder.
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Samples: Indemnification Agreement (Robbins & Myers Inc), Indemnification Agreement (Amcast Industrial Corp)
LIABILITY STANDARDS. This Agreement shall be ------------------- construed on the basis of the duties owed by Indemnitee as a director of the Company, and the standards for determining liability in damages for a breach thereof, which apply to each particular Claim. The parties acknowledge that changes in such duties or such liability standards may result in an expansion or contraction of the Company's indemnification exposure hereunder.
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LIABILITY STANDARDS. This Agreement shall be construed on the basis of the duties owed by Indemnitee as a director or officer of the Company, and the standards for determining liability in damages for a breach thereof, which apply to each particular Claim. The parties acknowledge that changes in such duties or such liability standards may result in an expansion or contraction of the Company's indemnification exposure hereunder.
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LIABILITY STANDARDS. This Agreement shall be construed on the basis of ------------------- the duties owed by Indemnitee as a director of the Company, and the standards for determining liability in damages for a breach thereof, which apply to each particular Claim. The parties acknowledge that changes in such duties or such liability standards may result in an expansion or contraction of the Company's indemnification exposure hereunder.
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