No Adverse Presumption. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, will not create a presumption that Indemnitee did not meet any applicable standard of conduct or that indemnification hereunder is otherwise not permitted.
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Samples: Director and Officer Indemnification Agreement (Optex Systems Holdings Inc), Director and Officer Indemnification Agreement (Silverbow Resources, Inc.), Director and Office Indemnification Agreement (Aes Corp)
No Adverse Presumption. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, will not create a presumption that the Indemnitee did not meet any applicable standard the Standard of conduct Conduct or that indemnification hereunder is otherwise not permitted.
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Samples: Indemnification Agreement (Diamond S Shipping Inc.)
No Adverse Presumption. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, will not create a presumption that Indemnitee did not meet any applicable standard of conduct or that indemnification hereunder is otherwise not permitted. 11.
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No Adverse Presumption. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its 2019 04 Form of D&O Indemnification Agreement equivalent, will not create a presumption that Indemnitee did not meet any applicable standard of conduct or that indemnification hereunder is otherwise not permitted.
Appears in 1 contract
Samples: Director and Officer Indemnification Agreement (Cleveland-Cliffs Inc.)