Common use of Report to Shareholders Clause in Contracts

Report to Shareholders. If the corporation indemnifies or advances expenses to a director in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance, in writing, to shareholders with or before the notice of the next shareholders' meeting.

Appears in 1 contract

Samples: By Laws (Genuine Parts Co)

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Report to Shareholders. If the corporation indemnifies Any indemnification of or advances advance of expenses to a director in connection accordance with this Article, if arising out of a proceeding by or in the right on behalf of the corporationCorporation, shall be reported in writing to the corporation shall report the indemnification or advance, in writing, to shareholders with or before the notice of the next shareholders' meeting.

Appears in 1 contract

Samples: Separation Agreement (Teleservices Internet Group Inc)

Report to Shareholders. If To the corporation extent and in the manner required by the Code from time to time, if the Corporation indemnifies or advances expenses to a director or officer in connection with a proceeding by or in the right of the corporationCorporation, the corporation Corporation shall report the indemnification or advance, in writing, advance to shareholders with or before the notice of the next shareholders' meeting.

Appears in 1 contract

Samples: Merger Agreement (Adcare Health Systems, Inc)

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Report to Shareholders. If the corporation Corporation indemnifies or advances expenses to a director in connection with a proceeding by or in the right of the corporationCorporation, the corporation Corporation shall report the indemnification or advance, in writing, to shareholders with or before the notice of the next shareholders' meeting.

Appears in 1 contract

Samples: By Laws (Genuine Parts Co)

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