Common use of Public Policy Clause in Contracts

Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

Appears in 10 contracts

Samples: Indemnification Agreement (Seebeyond Technology Corp), Indemnification Agreement (Lattice Semiconductor Corp), Indemnification Agreement (Converse Inc)

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Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's ’s right under public policy to indemnify Indemnitee.

Appears in 6 contracts

Samples: Indemnification Agreement (Clearfield, Inc.), Indemnification Agreement (Cray Inc), Indemnification Agreement (Tercica Inc)

Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers Office Holders under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's ’s right under public policy to indemnify Indemnitee.

Appears in 3 contracts

Samples: Consulting Agreement (Topspin Medical Inc), Indemnification Agreement (Topspin Medical Inc), Indemnification Agreement (Topspin Medical Inc)

Public Policy. Both the Company and Indemnitee The parties acknowledge that in certain instances, Federal federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

Appears in 2 contracts

Samples: Indemnification Agreement (Conseco Inc), Indemnification Agreement (Conseco Inc)

Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy a court of competent jurisdiction may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Genesis Microchip Inc /De)

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Public Policy. Both the Company and Indemnitee acknowledge that in ------------- certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Personify Inc)

Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. , Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Imx Exchange Inc)

Public Policy. Both the Company and Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may prohibit the Company from indemnifying its directors and or officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or and may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's ’s right under public policy to indemnify Indemnitee.

Appears in 1 contract

Samples: Indemnification Agreement (Cree Inc)

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