Service by the Indemnitee. The Indemnitee will continue to serve as a director of the Company faithfully and will discharge his duties and responsibilities to the best of his ability so long as he is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles of Incorporation and Bylaws of the Company and the Business Corporation Act of the State of Texas or until his earlier death, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company or affect the right of the Company to terminate the Indemnitee's employment at any time in the sole discretion of the Company, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
Appears in 12 contracts
Samples: Indemnification & Liability (Waste Recovery Inc), Indemnification & Liability (Waste Recovery Inc), Indemnification & Liability (Waste Recovery Inc)
Service by the Indemnitee. The Indemnitee will continue to serve as a director Director of the Company Corporation faithfully and will discharge his duties and responsibilities to the best of his ability so long as he is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles of Incorporation and Bylaws of the Company Corporation and the Business Corporation Act of the State of Texas Nevada Revised Statutes, as may be amended from time to time, or until his earlier death, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company Corporation shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company Corporation or as a director Director of the Company Corporation or affect the right of the Company Corporation to terminate the Indemnitee's employment at any time in the sole discretion of the CompanyCorporation, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
Appears in 6 contracts
Samples: Indemnification Agreement (American Environmental Energy, Inc.), Indemnification Agreement (American Environmental Energy, Inc.), Indemnification Agreement (American Environmental Energy, Inc.)
Service by the Indemnitee. The Indemnitee will continue to serve as a director Director or officer of the Company faithfully and will discharge his duties and responsibilities to the best of his ability so long as he is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles Certificate of Incorporation and Bylaws of the Company and the Business General Corporation Act Law of the State of Texas Delaware or until his earlier death, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director Director of the Company or affect the right of the Company to terminate the Indemnitee's employment at any time in the sole discretion of the Company, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
Appears in 5 contracts
Samples: Indemnification Agreement (INverso Corp), Indemnification & Liability (INverso Corp), Indemnification Agreement (FalconTarget Inc.)
Service by the Indemnitee. The Indemnitee will continue to serve as a director Director of the Company faithfully and will discharge his duties and responsibilities to the best of his ability so long as he is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles Certificate of Incorporation and Bylaws of the Company and the Business General Corporation Act Law of the State of Texas Delaware or until his earlier death, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director Director of the Company or affect the right of the Company to terminate the Indemnitee's ’s employment at any time in the sole discretion of the Company, with or without cause, subject to any contract contractual rights of the Indemnitee created or existing otherwise than under this Agreement.
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Service by the Indemnitee. The Indemnitee will serve ------------------------- and/or continue to serve as a director of the Company faithfully and will discharge his duties and responsibilities to the best of his the Indemnitee's ability so long as he the Indemnitee is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles of Incorporation and Bylaws By-laws of the Company and the Business Corporation Act of the State of Texas or until his earlier death, such time as the Indemnitee tenders his/her resignation or removalin writing. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company or affect the right of the Company to terminate the Indemnitee's employment at any time in the sole discretion of the Company, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
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Service by the Indemnitee. The Indemnitee will agrees to serve and/or continue to serve as a director director, officer, employee or other agent of the Company faithfully and will discharge his his/her duties and responsibilities to the best of his his/her ability so long as he the Indemnitee is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles of Incorporation and Bylaws of the Company Charter, Bylaws, and the Business Corporation Act of the State of Texas DGCL, or until his his/her earlier death, resignation or removal. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of by law), in which event the Company shall have no obligation under this Agreement to continue to retain the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company or affect the right of the Company to terminate the Indemnitee's ’s employment or service at any time in the sole discretion of the Company, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
Appears in 1 contract
Samples: Indemnification Agreement (Northern Technologies International Corp)
Service by the Indemnitee. The Indemnitee will serve ------------------------- and/or continue to serve as a director an officer of the Company faithfully and will discharge his duties and responsibilities to the best of his the Indemnitee's ability so long as he the Indemnitee is duly elected or qualified in accordance with the provisions of the Amended and Restated Articles of Incorporation and Bylaws By-laws of the Company and the Business Corporation Act of the State of Texas or until his earlier death, such time as the Indemnitee tenders his/her resignation or removalin writing. The Indemnitee may at any time and for any reason resign from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have no obligation under this Agreement to continue the Indemnitee in any such position. Nothing in this Agreement shall confer upon the Indemnitee the right to continue in the employ of the Company or as a director of the Company or affect the right of the Company to terminate the Indemnitee's employment at any time in the sole discretion of the Company, with or without cause, subject to any contract rights of the Indemnitee created or existing otherwise than under this Agreement.
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