Common use of Power to Request Service and to Grant Indemnification Clause in Contracts

Power to Request Service and to Grant Indemnification. The chairman of the board or the president or the board of directors may request any director, officer, agent or employee of the Company to serve as its representative in the position of a director or officer (or in a substantially similar capacity) of an entity or enterprise other than the Company, and may grant to such person indemnification by the Company as described in Section 1 of this Article VI.

Appears in 20 contracts

Samples: Executive Retention Employment Agreement (Florida Power & Light Co), Executive Retention Employment Agreement (Florida Power & Light Co), Executive Retention Employment Agreement (Florida Power & Light Co)

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Power to Request Service and to Grant Indemnification. The chairman of the board or the president or the board of directors may request any director, officer, agent or employee of the Company Corporation to serve as its representative in the position of a director or officer (or in a substantially similar capacity) of an entity or enterprise other than the CompanyCorporation, and may grant to such person indemnification by the Company Corporation as described in Section 1 of this Article VI.

Appears in 1 contract

Samples: Executive Retention Employment Agreement (Florida Power & Light Co)

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