Common use of Mandatory Indemnification of Directors, Officers, etc Clause in Contracts

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' fees and disbursements) actually and reasonably incurred by such person in connection therewith.

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation Corporation has been successful on the merits or otherwise in defense of any action, suit action or proceeding Proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act 15 Pa.C.S. §§5741 or 5742, or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' ’ fees and disbursements) actually and reasonably incurred by such person in connection therewith.

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation Corporation has been successful on the merits or otherwise in defense of any action, suit action or proceeding Proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act 15 Pa.C.S. §§5741 or 5742, or in defense of any claim, issue or matter therein, such person shall be indemnified indemnified against expenses (including attorneys' ’ fees and disbursements) actually and reasonably incurred by such person in connection therewith.

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation has been successful on the merits or otherwise in defense of any action, suit action or proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act 15 Pa.C.S. 1741 or 1742 or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' fees and disbursements) actually and reasonably incurred by such person in connection therewith.

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act PBCL or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' fees and disbursements) actually and reasonably incurred by such person in connection therewith.

Mandatory Indemnification of Directors, Officers, etc. To the ----------------------------------------------------- extent that an authorized representative of the corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in N.J.S.A. 14A:3-5(4) of the Business Corporation Act PBCL or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys' ’ fees and disbursements) actually and reasonably incurred by such person in connection therewith.