Limit on Indemnification. Notwithstanding any breach of any standard of care or duty, including breach of a fiduciary duty, by the Indemnitee, and subject to the restrictions in Utah Revised Business Corporation Act § 16-10a-909 or any successor Utah Law, the Corporation shall indemnify Indemnitee except when a Final Adjudication establishes that Indemnitee’s acts or omissions involved intentional misconduct, fraud, or a knowing violation of law and were material to the cause of action.
Appears in 5 contracts
Samples: Indemnification Agreement (Kindly MD, Inc.), Indemnification Agreement (Kindly MD, Inc.), Indemnification Agreement (Kindly MD, Inc.)
