Common use of Other Rights of Shareholder Designees Clause in Contracts

Other Rights of Shareholder Designees. Except as provided in Section 2.3, each Shareholder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled. In furtherance of the foregoing, the Company shall, to the maximum extent permitted by applicable Law, indemnify, exculpate, and reimburse fees and expenses of the Shareholder Designees (including by entering into an indemnification agreement in a form substantially similar to the Company’s form director indemnification agreement) and provide the Shareholder Designees with director and officer insurance to the same extent it indemnifies, exculpates, reimburses and provides insurance for the other members of the Board pursuant to the memorandum of association or bye-laws of the Company, applicable Law or otherwise.

Appears in 5 contracts

Samples: Shareholders Agreement (Paysafe LTD), Shareholders Agreement (Paysafe LTD), Merger Agreement (Foley Trasimene Acquisition II)

AutoNDA by SimpleDocs

Other Rights of Shareholder Designees. Except as provided in Section 2.3, each Shareholder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled. In furtherance of the foregoing, the Company shall, to the maximum fullest extent permitted by applicable Law, indemnify, exculpate, and reimburse fees and expenses of the Shareholder Designees (including by entering into an indemnification agreement in a form substantially similar to the Company’s form director indemnification agreement) and provide the Shareholder Designees with director and officer insurance to the same extent it indemnifies, exculpates, reimburses and provides insurance for the other members of the Board pursuant to the memorandum Certificate of association Incorporation or bye-laws Bylaws (each of the Companywhich, as may be amended from time to time), applicable Law or otherwise.

Appears in 4 contracts

Samples: Shareholders Agreement (BGPT Trebia LP), Shareholders Agreement (Trasimene Trebia, LP), Shareholders Agreement (Cannae Holdings, Inc.)

Other Rights of Shareholder Designees. Except as provided in Section 2.32.2, each Shareholder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled. In furtherance of the foregoing, the Company shall, to the maximum extent permitted by applicable Law, shall indemnify, exculpate, and reimburse fees and expenses of the Shareholder Designees (including by entering into an indemnification agreement in a form substantially similar to the Company’s form director indemnification agreement) and provide the Shareholder Designees with director and officer insurance to the same extent it indemnifies, exculpates, reimburses and provides insurance for the other members of the Board pursuant to the memorandum charter, articles of association or bye-laws other organizational document of the Company, applicable Law law or otherwise.

Appears in 2 contracts

Samples: Shareholders Agreement (Gates Industrial Corp PLC), Shareholders Agreement (Gates Industrial Corp PLC)

AutoNDA by SimpleDocs

Other Rights of Shareholder Designees. Except as provided in Section Sections 2.3, 2.4 and 2.5, each Shareholder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled. In furtherance of the foregoing, the Company shall, to the maximum extent permitted by applicable Law, shall indemnify, exculpate, and reimburse advance fees and expenses of the Shareholder Designees (including by entering into an indemnification agreement in a form substantially similar to the Company’s form director indemnification agreement) and provide the Shareholder Designees with director and officer insurance to the same extent it indemnifies, exculpates, reimburses and provides insurance for the other members of the Board pursuant to the memorandum charter, articles of association or bye-laws other organizational document of the Company, applicable Law or otherwise.

Appears in 1 contract

Samples: Shareholder Agreement (Mavenir Private Holdings II Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!