Common use of Rights and Benefits Clause in Contracts

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured (1) of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; (2) of the Company’s non-independent directors if the Indemnitee is not an independent director; (3) of the Company’s officers if the Indemnitee is an officer of the Company; or (4) of the Company’s key employees, employees if the Indemnitee is a key employee and is not a director or officer but is a key employeeofficer.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee Indemnitees shall qualify as an insured in such a manner as to provide the Indemnitee Indemnitees the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee Indemnitees is such an independent director; of the Company’s non-independent directors if the Indemnitee Indemnitees is not an independent director; of the Company’s officers if the Indemnitee Indemnitees is an officer of the Company; or of the Company’s key employees, if the Indemnitee Indemnitees is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s Corporation's independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s Corporation's non-independent directors if the Indemnitee is not an independent director; of the Company’s Corporation's officers if the Indemnitee is an officer of the CompanyCorporation; or of the Company’s Corporation's key employees, if the Indemnitee is not a an officer or director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Company shall ensure that Indemnitee shall qualify qualifies as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is a director of the Company who is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key non-officer employees, if the Indemnitee is a key non-officer employee and is not a director or officer but is a key employeeofficer.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the CompanyCorporation’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the CompanyCorporation’s non-independent directors if the Indemnitee is not an independent director; of the CompanyCorporation’s officers if the Indemnitee is an officer of the CompanyCorporation; or of the CompanyCorporation’s key employees, if the Indemnitee is not a an officer or director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) ), if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers officers, if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a an officer or director or officer but is a key employee.

Rights and Benefits. In all policies of D&O D & O Insurance, the Indemnitee shall qualify be named as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent Corporation's directors (or those of a Subsidiary, as defined by the insurer) case may be), if the Indemnitee is such an independent a director; or of the Company’s non-independent directors Corporation's officers (or those of a Subsidiary, as the case may be), if the Indemnitee is not an independent director; a director of the Company’s officers if the Indemnitee Corporation but is an officer of the Companyofficer; or of the Company’s Corporation's key employeesemployees (or those of a Subsidiary, as the case may be), if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of (i) the Company’s independent directors (as defined by the insurer) ), if the Indemnitee is such an independent director; of (ii) the Company’s non-independent directors directors, if the Indemnitee is not an independent director; of (iii) the Company’s officers officers, if the Indemnitee is an officer of the Company; or of (iv) the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of directors’ and officers’ liability insurance (“D&O Insurance”) that the Company obtains and maintains, the Indemnitee shall qualify be named as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) directors, if the Indemnitee is such an independent a director; or of the Company’s non-independent directors officers, if the Indemnitee is not an independent director; a director of the Company’s officers if the Indemnitee Company but is an officer of the Companyofficer; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify be named as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) directors, if the Indemnitee is such an independent a director; or of Applied Digital Corporation – Indemnity Agreement ([Director Last Name]) 4887-6000-9116v.1 the Company’s non-independent directors officers, if the Indemnitee is not an independent director; a director of the Company’s officers if the Indemnitee Company but is an officer of the Companyofficer; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s 's independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s 's non-independent directors if the Indemnitee is not an independent director; of the Company’s 's officers if the Indemnitee is an officer of the Company; or of the Company’s 's key employees, if the Indemnitee is not a director or officer but is a key employee.

Rights and Benefits. In For all policies of D&O Insurance, the Indemnitee shall qualify as an insured in such a manner as to provide the Indemnitee the same rights and benefits as are accorded to the most favorably insured of the Company’s independent directors (as defined by the insurer) if the Indemnitee is such an independent director; of the Company’s non-independent directors if the Indemnitee is not an independent director; of the Company’s officers if the Indemnitee is an officer of the Company; or of the Company’s key employees, if the Indemnitee is not a director or officer but is a key employee.