Common use of No Liability for Good Faith Determinations Clause in Contracts

No Liability for Good Faith Determinations. The members of the Board and the Committee shall not be liable for any act, omission, interpretation or determination taken or made in good faith with respect to this Agreement or the Restricted Stock granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with respect to any such action, determination or interpretation.

Appears in 30 contracts

Samples: Restricted Stock Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc)

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No Liability for Good Faith Determinations. The members of the Board and the Committee shall not be liable for any act, omission, interpretation or determination taken or made in good faith with respect to this Agreement or the Restricted Stock RSUs granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with respect to any such action, determination or interpretation.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Unit Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Unit Award Agreement (Waddell & Reed Financial Inc)

No Liability for Good Faith Determinations. The members of the Board and the Committee shall not be liable for any act, omission, interpretation or determination taken or made in good faith with respect to this Agreement or the Restricted Stock granted hereunder this Option and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with in respect to of any such action, determination or interpretation.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Award Agreement (Spinnaker Exploration Co), Nonstatutory Stock Option Award Agreement (Spinnaker Exploration Co), Nonstatutory Stock Option Award Agreement (Spinnaker Exploration Co)

No Liability for Good Faith Determinations. The members of the Board and the Committee shall not be liable for any act, omission, interpretation or determination taken or made in good faith with respect to this Agreement or the Restricted Stock granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with in respect to of any such action, determination or interpretation.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Metasolv Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc), Restricted Stock Award Agreement (Waddell & Reed Financial Inc)

No Liability for Good Faith Determinations. The members of the Board and of the Committee shall not be liable for any act, omission, interpretation omission or determination taken or made in good faith with respect to this Agreement or the Restricted Stock RSUs granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with respect to any such action, determination or interpretationhereunder.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (First United Corp/Md/), Restricted Stock Unit Agreement (First United Corp/Md/)

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No Liability for Good Faith Determinations. The Company and the members of the Board and the Committee shall not be liable for any act, omission, interpretation omission or determination taken or made in good faith with respect to this Award Agreement or the Restricted Stock Shares granted hereunder hereunder, and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with in respect to of any such action, determination or interpretation.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Spinnaker Exploration Co), Restricted Stock Award Agreement (Spinnaker Exploration Co)

No Liability for Good Faith Determinations. The members of the Board and the Committee shall not be liable for any act, omission, interpretation or determination taken or made in good faith with respect to this Agreement or the Restricted Stock Performance Award granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with in respect to of any such action, determination or interpretation.

Appears in 2 contracts

Samples: Performance Award Grant Agreement (Metasolv Inc), Performance Award Grant Agreement (Metasolv Inc)

No Liability for Good Faith Determinations. The Company and the members of the Board Committee and the Committee Board shall not be liable for any act, omission, interpretation omission or determination taken or made in good faith with respect to this Agreement or the Restricted Stock Option granted hereunder and all members of the Board or the Committee and each and any officer or employee of the Company acting on their behalf shall, to the extent permitted by law, be fully indemnified and protected by the Company with in respect to of any such action, determination determination, or interpretation.

Appears in 1 contract

Samples: Stock Option Agreement (Reata Pharmaceuticals Inc)

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