Common use of Prohibited Indemnification Clause in Contracts

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, state or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which final unappealed judgment beyond the right of appeal is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to under this Agreement shall be paid by the Company Corporation on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to Corporation under the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to under this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to under the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, state or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company Indemnitor on account of any Proceeding in which judgment is rendered against any Indemnitee for an accounting of profits made from the purchase or sale by such Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to under this Agreement shall be paid by the Company on account of any Proceeding proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section under section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local lawslaws or for which payment is prohibited by law.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company Xxxxx on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company Xxxxx pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which a final unappealed judgment beyond the right of appeal is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this -------------------------- Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, state or local laws.

Prohibited Indemnification. No indemnification pursuant to this -------------------------- Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, state or local laws.. INDEMNIFICATION AGREEMENT – INDEMNITEE

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee pursuant to the provisions of Section 16(b) of the Act or similar provisions of any federal, state or local laws for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to Company, unless such purchase or sale is made on the provisions of Section 16(b) written advice of the Securities Exchange Act of 1934, as amended, Company or similar provisions of any federal, state, or local lawsthe Company’s counsel.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee INDEMNITTEE for an accounting of profits made from the purchase or sale by Indemnitee INDEMNITTEE of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local lawslaws or for which payment is prohibited by law.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which a final judgment is rendered against Indemnitee or Indemnitee enters into a settlement, in each case (i) for an accounting which payment has actually been made to or on behalf of profits made from Indemnitee under any insurance policy or other indemnity provision, except with respect to any excess beyond the purchase amount paid under any insurance policy or sale other indemnity provision; or (ii) for which payment is prohibited by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, or local lawslaw.

Prohibited Indemnification. No indemnification pursuant to under this Agreement shall be paid by the Company on account of any Proceeding proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to under the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.

Prohibited Indemnification. No indemnification pursuant to this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of any federal, state, state or local laws.

Prohibited Indemnification. No indemnification pursuant to under this Agreement shall be paid by the Company on account of any Proceeding in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to under the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amendedAct, or similar provisions of any federal, state, or local laws.