Common use of Proceedings by Director Clause in Contracts

Proceedings by Director. The Corporation shall indemnify Director and advance expenses to Director in connection with any proceeding (or part thereof) initiated by Director only if such proceeding (or part thereof) was authorized by the Board of Directors of the Corporation.

Appears in 6 contracts

Samples: Indemnification Agreement (Scotts Liquid Gold Inc), Indemnification Agreement (Scotts Liquid Gold Inc), Indemnification Agreement (Scotts Liquid Gold Inc)

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Proceedings by Director. The Corporation shall indemnify Director and advance expenses to Director in connection with any proceeding Proceeding (or part thereof) initiated by Director only if such proceeding Proceeding (or part thereof) was authorized by the Board of Directors of the Corporation.

Appears in 1 contract

Samples: Indemnification Agreement (Cariloha, LLC)

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