Common use of Nonexclusive Clause in Contracts

Nonexclusive. The indemnification provided by this Agreement shall not be deemed exclusive of any rights to which Indemnitee may be entitled under the Company's Declaration of Trust or other governing document, any agreement, any vote of shareholders or disinterested directors, any applicable law or otherwise, both as to action in Indemnitee's official capacity and as to action in another capacity while holding office. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity even though he or she may have ceased to serve in the capacity at the time of any action or other covered proceeding.

Appears in 9 contracts

Samples: Indemnification Agreement (Banyan Strategic Realty Trust), Indemnification Agreement (Banyan Strategic Realty Trust), Indemnification Agreement (Banyan Strategic Realty Trust)

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Nonexclusive. The indemnification provided by this Agreement shall not be deemed exclusive of any rights to which Indemnitee may be entitled under the Company's Declaration Certificate of Trust Incorporation or other governing document, any agreement, any vote of shareholders or disinterested directors, any applicable law or otherwise, both as to action in Indemnitee's official capacity and as to action in another capacity while holding office. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity even though he or she may have ceased to serve in the capacity at the time of any action or other covered proceeding.

Appears in 2 contracts

Samples: Agreement (Semele Group Inc), Purchase Agreement (Semele Group Inc)

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