Common use of Selection of Special Counsel Clause in Contracts

Selection of Special Counsel. In the event that Indemnitee and the Company are unable to agree on the selection of the special independent counsel, such special independent counsel shall be selected by lot from among at least five law firms with (i) offices in the State of Delaware having more than fifty attorneys, (ii) a rating of “av” or better in the then current Martindale Xxxxxxx Law Directory and (iii) attorneys specializing in corporate law. Such selection shall be made in the presence of Indemnitee (and his or her legal counsel or either of them, as Indemnitee may elect).

Appears in 5 contracts

Samples: Form of Indemnification Agreement (Leidos, Inc.), Form of Indemnification Agreement (SAIC Gemini, Inc.), Indemnification Agreement (SAIC, Inc.)

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