Permissive Indemnification. The rights to indemnification and prepayment of expenses which are conferred to the Corporation's directors and officers by paragraphs A and B of this Article 7 may be conferred upon any employee or agent of the Corporation if, and to the extent, authorized by the board of directors.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Blue Dolphin Energy Co), Agreement and Plan of Merger (American Resources Offshore Inc)
Permissive Indemnification. The rights to indemnification and prepayment of expenses which are conferred to the Corporation's directors and officers Management Persons by paragraphs A (a) and B of this Article 7 (b) above may be conferred upon any employee or agent of the Corporation Company if, and to the extent, authorized by the board of directorsmembers.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Camber Energy, Inc.)
Permissive Indemnification. The rights to indemnification and prepayment of expenses which are conferred to the Corporation's directors Company’s Managers and officers Officers by paragraphs A Sections 6(A) and B of this Article 7 6(B) may be conferred upon any employee or agent of the Corporation Company if, and to the extent, authorized by the board of directorsMember.
Appears in 1 contract
Samples: Limited Liability Company Agreement
Permissive Indemnification. The rights to indemnification and prepayment of expenses which are conferred to the Corporation's ’s directors and officers by paragraphs A and B of this Article 7 IX may be conferred upon any employee or agent of the Corporation if, and to the extent, authorized by the board Board of directorsDirectors.
Appears in 1 contract
Permissive Indemnification. The rights to of indemnification and prepayment of expenses which that are conferred to the Corporation's directors and officers by paragraphs Sections A and B of this Article 7 IX may be conferred upon any employee employee, consultant or agent of the Corporation if, and to the extent, authorized by the board of directorsBoard for Directors.
Appears in 1 contract
Permissive Indemnification. The rights to indemnification and prepayment of expenses which are conferred to on the Corporation's directors by Sections 1 and officers by paragraphs A and B 2 of this Article 7 VI may be conferred upon any officer, employee or agent of the Corporation if, and to the extent, authorized by the board Board of directorsDirectors.
Appears in 1 contract