Common use of Proceedings Initiated by the Indemnitee Clause in Contracts

Proceedings Initiated by the Indemnitee. Except as provided in Section 16 of this Agreement, notwithstanding anything to the contrary in Sections 3 and 4, the Company shall not be obligated to indemnify the Indemnitee in connection with a proceeding (or part thereof) initiated by the Indemnitee (i) against the Company or a Subsidiary or other entity of which the Indemnitee acts as a director or officer or in a similar capacity at the request of the Corporation or (ii) unless such proceeding (or part thereof) was authorized in advance, or consented to, by the Company’s Board of Directors.

Appears in 9 contracts

Samples: Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Bitzio, Inc.)

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Proceedings Initiated by the Indemnitee. Except as provided in Section 16 of this Agreement, notwithstanding anything to the contrary in Sections 3 and 4, the Company shall not be obligated to indemnify the Indemnitee in connection with a proceeding (or part thereof) initiated by the Indemnitee (i) against the Company or a Subsidiary or other entity of which the Indemnitee acts as a director or officer or in a similar capacity at the request of the Corporation or (ii) unless such proceeding (or part thereof) was authorized in advance, or unanimously consented to, by the Company’s Board of Directors.

Appears in 1 contract

Samples: Indemnification Agreement (Open Text Corp)

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Proceedings Initiated by the Indemnitee. Except as provided in Section 16 of this Agreement, notwithstanding anything to the contrary in Sections 3 and 4, the Company shall not be obligated to indemnify the Indemnitee in connection with a proceeding (or part thereof) initiated by the Indemnitee (i) against the Company or a Subsidiary or other entity of which the Indemnitee acts as a director or officer or in a similar capacity at the request of the Corporation or (ii) unless such proceeding (or part thereof) was authorized in advance, or consented to, by the Company’s Board of Directors.

Appears in 1 contract

Samples: Indemnification Agreement (Photowatt Technologies Inc.)

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