Common use of No Presumption Regarding Standard of Conduct Clause in Contracts

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (a) of this section that indemnification of Executive is proper because Executive has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 16 contracts

Samples: Employment Agreement (Korn Ferry), Employment Agreement (Korn Ferry), Employment Agreement (Korn Ferry)

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No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 16(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 13 contracts

Samples: Employment Agreement (CVS Corp), Employment Agreement (CVS Corp), Employment Agreement (CVS Corp)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 16(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 12 contracts

Samples: Employment Agreement (Amedisys Inc), Employment Agreement (Amedisys Inc), Employment Agreement (Amedisys Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 17(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 10 contracts

Samples: Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc), Employment Agreement                  agreement (Linens N Things Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 15(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 8 contracts

Samples: Employment Agreement (Amedisys Inc), Employment Agreement (Amedisys Inc), Employment Agreement (Amedisys Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aParagraph 10(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 7 contracts

Samples: Employment Agreement (IRONCLAD ENCRYPTION Corp), Employment Agreement (IRONCLAD ENCRYPTION Corp), Employment Agreement (IRONCLAD ENCRYPTION Corp)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 16(a) of this section above that indemnification of the Executive is proper because Executive has met the applicable standard of conduct, nor a determination by the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 6 contracts

Samples: Employment Agreement (Dragonfly Energy Holdings Corp.), Employment Agreement (dELiAs, Inc.), Employment Agreement (dELiAs, Inc.)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 15(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 6 contracts

Samples: Employment Agreement (Nymagic Inc), Employment Agreement (Nymagic Inc), Employment Agreement (Nymagic Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 15(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 4 contracts

Samples: Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 16(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 3 contracts

Samples: Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc), Employment Agreement (Footstar Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 18(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 2 contracts

Samples: Employment Agreement (Linens N Things Inc), Employment Agreement (Linens N Things Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardmember, independent legal counsel or shareholdersthe Board) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive Employee under the preceding subsection (a) of this section Section 10.1 above that indemnification of Executive Employee is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Boardmember, independent legal counsel or shareholdersthe Board) that Executive Employee has not met such applicable standard of conduct, shall create a presumption that Executive Employee has not met the applicable standard of conduct.

Appears in 2 contracts

Samples: Employment Agreement (LTN Staffing, LLC), Employment Agreement (LTN Staffing, LLC)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 14(a) of this section that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 2 contracts

Samples: Employment Agreement (Nymagic Inc), Employment Agreement (Nymagic Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 15(a) of this section above that indemnification of the Executive is proper because Executive she has met the applicable standard of conduct, nor a determination by the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Footstar Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive the Chairman under the preceding subsection (aSection 12(a) of this section above that indemnification of Executive the Chairman is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive the Chairman has not met such applicable standard of conduct, shall create a presumption that Executive the Chairman has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Agreement (Nymagic Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 12(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Termination and Change in Control Agreement (Gsi Group Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive Employee under the preceding subsection (aSection 16(a) of this section above that indemnification of Executive Employee is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive Employee has not met such applicable standard of conduct, shall create a presumption that Executive Employee has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Amedisys Inc)

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No Presumption Regarding Standard of Conduct. Neither the -------------------------------------------- failure of the Company (including its Board, independent legal counsel or shareholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (a) of this section that indemnification of Executive is proper because Executive has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Korn Ferry International)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 17(a) of this section above that indemnification of Executive is proper because Executive she has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Linens N Things Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment payments of amounts claimed by Executive Employee under the preceding subsection (a) of this section Company Indemnity Section above that indemnification of Executive Employee is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel counsel, or shareholdersstockholders) that Executive Employee has not met such applicable standard of conduct, shall create a presumption that Executive Employee has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Amedisys Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive Xxxxx under the preceding subsection (a) of this section that indemnification of Executive Xxxxx is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive Xxxxx has not met such applicable standard of conduct, shall create a presumption that Executive Xxxxx has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Lee Enterprises, Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 12(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Agreement (Nymagic Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of -------------------------------------------- the Company (including its Board, independent legal counsel or shareholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (a) of this section that indemnification of Executive is proper because Executive has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Korn Ferry International)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 16(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the 22 Company (including its Board, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Employment Agreement (Lechters Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Board, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 11(a) of this section above that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Board, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Agreement (Amedisys Inc)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its BoardBoard of Directors, independent legal counsel or shareholders) to have made a determination prior to the commencement of any proceeding Proceeding concerning payment of amounts claimed by Executive under the preceding subsection (aSection 3(d)(iv)(A) of this section that indemnification of Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its BoardBoard of Directors, independent legal counsel or shareholdersstockholders) that Executive has not met such applicable standard of conduct, shall create a presumption that Executive has not met the applicable standard of conduct.

Appears in 1 contract

Samples: Separation Agreement (CRM Holdings, Ltd.)

No Presumption Regarding Standard of Conduct. Neither the failure of the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) to have made a determination prior to the commencement of any proceeding concerning payment of amounts claimed by the Executive under the preceding subsection (aSection 12(a) of this section above that indemnification of the Executive is proper because Executive he has met the applicable standard of conduct, nor a determination by the Company (including its Boardboard of directors, independent legal counsel or shareholdersstockholders) that the Executive has not met such applicable standard of conduct, shall create a presumption that the Executive has not met the applicable standard of conduct.. (c)

Appears in 1 contract

Samples: Employment Agreement                  agreement (Footstar Inc)

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