Common use of Right of Indemnitee to Appeal an Adverse Determination by Board Clause in Contracts

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the standard of conduct set forth in Section 1, 2 or 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $500 to the Corporation, the Corporation shall cause a new Determination to be made by the Corporation’s shareholders at the next regular or special meeting of shareholders. Subject to Section 8 hereof, such Determination by the Corporation’s shareholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section Sections 1, 2 or 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s 's delivery of $500 to the CorporationCompany, the Corporation Company shall cause a new Determination to be made by the Corporation’s Company's shareholders at the next regular or special meeting of shareholders. Subject to Section 8 hereof, such Determination by the Corporation’s Company's shareholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the standard of conduct requirements set forth in Section 1, 2 2, 3, or 3 4 hereof, upon the written request of the Indemnitee and the Indemnitee’s 's delivery of $500 to the Corporation, the Corporation shall cause a new Determination to be made by the Corporation’s 's shareholders at the next regular or special meeting of shareholders. Subject to Section 8 9 hereof, such Determination by the Corporation’s 's shareholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the standard of conduct set forth in Section 1, Section 2 or Section 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $500 to the Corporation, the Corporation shall cause a new Determination to be made by the Corporation’s shareholders at the next regular or special meeting of shareholders. Subject to Section 8 hereof, such Determination by the Corporation’s shareholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, upon the written request of of- the Indemnitee and the Indemnitee’s 's delivery of $500 to the CorporationCompany, the Corporation Company shall cause a new Determination to be made by the Corporation’s shareholders Company's stockholders at the next regular or special meeting of shareholdersstockholders. Subject to Section 8 hereof, such Determination by the Corporation’s shareholders Company's stockholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $500 to the CorporationCompany, the Corporation Company shall cause a new Determination to be made by the CorporationCompany’s shareholders at the next regular or special meeting of shareholders. Subject to Section 8 hereof, such Determination by the CorporationCompany’s shareholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $500 to the CorporationCompany, the Corporation Company shall cause a new Determination to be made by the CorporationCompany’s shareholders stockholders at the next regular or special meeting of shareholdersstockholders. Subject to Section 8 hereof, such Determination by the CorporationCompany’s shareholders stockholders shall be binding and conclusive for all purposes of this Agreement.

Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section Sections 1, 2 or 3 hereof, upon the written request of the Indemnitee and the Indemnitee’s 's delivery of $500 to the CorporationCompany, the Corporation Company shall cause a new Determination to be made by the Corporation’s Company's shareholders at the next regular or special meeting of shareholders. Subject to Section 8 hereof, such Determination by the Corporation’s Company's shareholders shall be binding and conclusive for all purposes of this Agreement.