Common use of Reliance as Safe Harbor Clause in Contracts

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 31 contracts

Samples: Indemnification Agreement (Rithm Capital Corp.), Indemnification Agreement (New Fortress Energy Inc.), Indemnification Agreement (New Fortress Energy Inc.)

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Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 23 contracts

Samples: Indemnification Agreement (Hexcel Corp /De/), Indemnification Agreement (Gannett Co., Inc.), Indemnification Agreement (CMG Holdings Group, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 17 contracts

Samples: Indemnification Agreement (Plumas Bancorp), Indemnification Agreement (California BanCorp), Indemnification Agreement (Westamerica Bancorporation)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the CompanyBank, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company Bank or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (b) on behalf of the Bank in furtherance of the interests of the Bank in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the CompanyBank. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company Bank shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 15 contracts

Samples: Indemnification Agreement (Plumas Bancorp), Indemnification Agreement, Indemnification Agreement (California BanCorp)

Reliance as Safe Harbor. For purposes of this Agreement, and without creating any presumption as to a lack of good faith if the following circumstances do not exist, the Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if the Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person Person (including legal counsel, accountants and financial advisors) as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 11 contracts

Samples: Indemnification Agreement (Select Interior Concepts, Inc.), Indemnification Agreement (Patheon N.V.), Indemnification Agreement (Scynexis Inc)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 6 contracts

Samples: Indemnification Agreement (Gateway Inc), Indemnification Agreement (Graftech International LTD), Indemnification Agreement (GateHouse Media, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she Indemnitee reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants accountants, consultants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 4 contracts

Samples: Employment Agreement (Yahoo Inc), Employment Agreement (Yahoo Inc), Employment Agreement (Yahoo Inc)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she Indemnitee reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of DirectorsCompany’s Board, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, employee or agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity indemnification hereunder.

Appears in 4 contracts

Samples: Indemnification Agreement (Roundy's, Inc.), Indemnification Agreement (Roundy's, Inc.), Indemnification Agreement (Roundy's, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity indemnification hereunder.

Appears in 3 contracts

Samples: Indemnification Agreement (AGNC Investment Corp.), Indemnification Agreement (OneMain Holdings, Inc.), Indemnification Agreement (AGNC Investment Corp.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants accountants, consultants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 3 contracts

Samples: Indemnification Agreement (Yahoo Inc), Indemnification Agreement (Yahoo Inc), Indemnification Agreement (Matria Healthcare Inc)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good faith reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 3 contracts

Samples: Indemnification Agreement (Guild Holdings Co), Indemnification Agreement (SelectQuote, Inc.), Indemnification Agreement (Cadence Bancorporation)

Reliance as Safe Harbor. For purposes of this AgreementAgreement and subject to applicable law, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (Aircastle LTD), Indemnification Agreement (Aircastle LTD)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company's Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (CF Industries Holdings, Inc.), Indemnification Agreement (Neopharm Inc)

Reliance as Safe Harbor. For purposes of this Agreement, the Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if the Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person Person (including legal counsel, accountants and financial advisors) as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (EverBank Financial Corp), Indemnification Agreement (BankUnited, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (i) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (ii) on behalf of the Company in furtherance of the interests of the Company in good faith and who has been in reliance upon, and in accordance with, the advice of legal counsel or accountants, provided that such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (Sculptor Capital Management, Inc.), Indemnification Agreement (Och-Ziff Capital Management Group LLC)

Reliance as Safe Harbor. For purposes of this AgreementAgreement and subject to applicable law, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company's Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Aircastle LTD)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity indemnification hereunder.

Appears in 1 contract

Samples: Business Combination Agreement (Zanite Acquisition Corp.)

Reliance as Safe Harbor. For purposes of this Agreement, the Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if the Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters the Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Peak International LTD)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity indemnification hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Yum China Holdings, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (i) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (ii) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Abm Industries Inc /De/)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the ordinary course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Navistar International Corp)

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Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good good-faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good-faith reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Triumph Bancorp, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other person’s Persons professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Fortress Investment Group LLC)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken: (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence competence; or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Southern California Bancorp \ CA)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other personPerson’s professional or expert competence or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, other director or any officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity indemnification hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Yum China Holdings, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, The Indemnitee shall be deemed entitled to have acted in good faith and in a manner he indemnification for any action or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions omission to act are taken undertaken (a) in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) Person as to matters the Indemnitee reasonably believes are within such other person’s Person's professional or expert competence competence, or (b) on behalf of the Company in furtherance of the interests of the Company in good faith in reliance upon, and who has been in accordance with, the advice of legal counsel or accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Shuffle Master Inc)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company's Board of Directors, or by any other person Person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Director Indemnification Agreement (Builders FirstSource, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company's Board of Directors, or by any other person (including legal counsel, accountants accountants, consultants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (RadNet, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the ordinary course of their duties, or by committees of the Board of DirectorsBoard, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Navistar International Corp)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports reports, or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company's Board of Directors, or by any other person (including legal counsel, accountants accountants, and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or knowledge, actions, or failures to act, act of any director, officer, agent agent, or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Director Indemnification Agreement (PGT, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Companycompetence. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Advance America, Cash Advance Centers, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports reports, or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Company’s Board of Directors, or by any other person (including legal counsel, accountants accountants, and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or knowledge, actions, or failures to act, act of any director, officer, agent agent, or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (PGT Innovations, Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee Xxxxxxxxxx shall be deemed to have acted in good faith and in a manner he or she such person reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s 's actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of DirectorsBoard, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s 's professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or actions, or failures to act, of any director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Gannett Co., Inc.)

Reliance as Safe Harbor. For purposes of this Agreement, Indemnitee shall be deemed to have acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Company if Indemnitee’s actions or omissions to act are taken in good faith reliance upon the records of the Company, including its financial statements, or upon information, opinions, reports or statements furnished to Indemnitee by the officers or employees of the Company in the course of their duties, or by committees of the Board of Directors, or by any other person (including legal counsel, accountants and financial advisors) as to matters Indemnitee reasonably believes are within such other person’s professional or expert competence and who has been selected with reasonable care by or on behalf of the Company. In addition, the knowledge and/or or actions, or failures to act, of any other director, officer, agent or employee of the Company shall not be imputed to Indemnitee for purposes of determining the right to indemnity hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (AdvancePierre Foods Holdings, Inc.)

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