Common use of Part A1 Clause in Contracts

Part A1. I hereby undertake to (a) repay all amounts paid pursuant hereto if it is proved by clear and convincing evidence in a court of competent jurisdiction that my action or failure to act which is the subject of the matter described herein involved an act or omission undertaken with deliberate intent to cause injury to the Company or undertaken with reckless disregard for the best interests of the Company and (b) reasonably cooperate with the Company concerning the action, suit, proceeding or claim. __________________________________________ [INDEMNITEE NAME]

Appears in 2 contracts

Samples: Director Indemnification Agreement (Toledo Edison Co), Director Indemnification Agreement (Toledo Edison Co)

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Part A1. I hereby undertake to (a) repay all amounts paid pursuant hereto if it is proved by clear and convincing evidence in a court of competent jurisdiction that my action or failure to act which is the subject of the matter described herein involved an act or omission undertaken with deliberate intent to cause injury to the Company or undertaken with reckless disregard for the best interests of the Company and (b) reasonably cooperate with the Company concerning the action, suit, proceeding or claim. __________________________________________ [INDEMNITEE NAME].

Appears in 1 contract

Samples: Director Indemnification Agreement (Sky Financial Group Inc)

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Part A1. I hereby undertake to (a) repay all amounts paid pursuant hereto if it is proved by clear and convincing evidence in a court of competent jurisdiction that my action or failure to act which is the subject of the matter described herein involved an act or omission undertaken with deliberate intent to cause injury to the Company or undertaken with reckless disregard for the best interests of the Company and (b) reasonably cooperate with the Company concerning the action, suit, proceeding or claim. __________________________________________ [INDEMNITEE NAMESignature of Indemnitee]

Appears in 1 contract

Samples: Trust Agreement (Cliffs Natural Resources Inc.)

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