SEC UNDERTAKING. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission (the "SEC") to submit in certain circumstances the question of indemnification to a court for a determination of the Company's right under public policy to indemnify Indemnitee.
Appears in 7 contracts
Samples: Indemnification Agreement (Amazon Com Inc), Indemnification Agreement (Qad Inc), Indemnification Agreement (Synergy 2000 Inc)
SEC UNDERTAKING. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission (the "SEC") SEC to submit in certain circumstances the question of indemnification to a court for a determination of the Company's ’s right under public policy to indemnify IndemniteeIndemnitee and Indemnitee agrees that in such event, the Company shall not be required to make any payment hereunder unless and until such matter shall have been so determined.
Appears in 3 contracts
Samples: Indemnification Agreement (WCI Communities, Inc.), Indemnification Agreement (Northwest Airlines Corp), Indemnification Agreement (Wci Communities Inc)
SEC UNDERTAKING. Indemnitee understands and acknowledges that the Company may be required in the future to undertake with the Securities and Exchange Commission (the "“SEC"”) to submit in certain circumstances the question of the indemnification to a court for a determination of the Company's ’s right under public policy to indemnify Indemnitee.
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