Common use of Reimbursement of Expenses; Attendance at Board Meetings; Indemnification Clause in Contracts

Reimbursement of Expenses; Attendance at Board Meetings; Indemnification. The Company will reimburse each Designee that serves as a director for all reasonable costs and expenses (including travel expenses) incurred in connection with such director’s attendance at meetings of the Board of Directors or any committee of the Board of Directors upon which such director serves. The Company will not pay such director annual fees and fees for attending Board of Directors or committee meetings. The Company shall indemnify each such director to the same extent it indemnifies its other directors pursuant to its organizational documents and applicable law.

Appears in 3 contracts

Samples: Shareholder Agreement (EVINE Live Inc.), Shareholder Agreement (Comcast Corp), Shareholder Agreement (Valuevision Media Inc)

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Reimbursement of Expenses; Attendance at Board Meetings; Indemnification. The Company will reimburse each Designee that serves as a director for all reasonable costs and expenses (including travel expenses) incurred in connection with such director’s 's attendance at meetings of the Board of Directors or any committee of the Board of Directors upon which such director serves. The Company will not pay such director annual fees and fees for attending Board of Directors or committee meetings. The Company shall indemnify each such director to the same extent it indemnifies its other directors pursuant to its organizational documents and applicable law.

Appears in 3 contracts

Samples: Shareholder Agreement (Valuevision International Inc), Shareholder Agreement (General Electric Capital Corp), Shareholder Agreement (Valuevision International Inc)

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Reimbursement of Expenses; Attendance at Board Meetings; Indemnification. The Company will reimburse each the Designee that serves as a director for all reasonable costs and expenses (including travel expenses) incurred in connection with such director’s the Designee's attendance at meetings of the Board of Directors or any committee of the Board of Directors upon which such director servesthe Designee may be appointed by the Board, in its sole discretion. The Company will not pay such director the Designee annual fees and fees for attending Board of Directors or committee meetingsmeetings to the same extent as other independent directors of the Company. The Company shall indemnify each such director the Designee to the same extent it indemnifies its other directors pursuant to its organizational documents and applicable law.

Appears in 1 contract

Samples: Shareholders Agreement (Telergy Inc /Ny)

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