Common use of Mutual Acknowledgment Clause in Contracts

Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify, exonerate or hold harmless Indemnitee.

Appears in 40 contracts

Samples: Indemnification Agreement (Acurx Pharmaceuticals, LLC), Indemnification Agreement (PureCycle Technologies, Inc.), Indemnification Agreement (PLBY Group, Inc.)

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Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that that, in certain instances, federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify, exonerate or hold harmless Indemnitee.

Appears in 17 contracts

Samples: Indemnification Agreement (Rightside Group, Ltd.), Indemnification Agreement (ReachLocal Inc), Indemnification Agreement (Whiteglove House Call Health Inc)

Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, federal Federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless indemnifying its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that if the Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights indemnification to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify, exonerate or hold harmless indemnify Indemnitee.

Appears in 10 contracts

Samples: Shareholder Agreement, Shareholder Agreements (LexinFintech Holdings Ltd.), Shareholder Agreement (LexinFintech Holdings Ltd.)

Mutual Acknowledgment. Both the Company and the Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. The Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify, exonerate or hold harmless the Indemnitee.

Appears in 2 contracts

Samples: Indemnification Agreement (Gevo, Inc.), Indemnification Agreement (ExamWorks Group, Inc.)

Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, federal Federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless indemnifying its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that if the Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights indemnification to a court in certain circumstances for a determination of the Company’s 's right under public policy to indemnify, exonerate or hold harmless indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (51job, Inc.)

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Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to indemnifyIndemnify, exonerate or hold harmless Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Venus Concept Inc.)

Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, federal law or applicable public policy may prohibit the Company from indemnifying, exonerating or and holding harmless its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification, exoneration or and hold harmless rights to a court in certain circumstances for a determination of the Company’s right under public policy to indemnify, exonerate or and hold harmless Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Innventure, Inc.)

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