Common use of Service by the Indemnitee Clause in Contracts

Service by the Indemnitee. The Indemnitee shall serve and/or continue to serve as a director, officer and/or employee of the Company and/or its subsidiaries faithfully and to the best of the Indemnitee’s ability so long as the Indemnitee is duly elected or appointed and until such time as the Indemnitee’s successor is elected and qualified or the Indemnitee is removed as permitted by applicable law or tenders a resignation. Service at any subsidiary of the Company shall be deemed to be service at the request of the Company for purposes of this Agreement. By entering into this Agreement, Indemnitee is deemed to be serving at the request of the Company, and the Company is deemed to be requesting such service.

Appears in 5 contracts

Samples: Indemnification Agreement (Excelerate Energy, Inc.), Form of Indemnification Agreement (Foxx Development Holdings Inc.), Form of Indemnification Agreement (Estrella Immunopharma, Inc.)

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Service by the Indemnitee. The Indemnitee shall serve and/or or continue to serve as a director, director or officer and/or employee of the Company and/or its subsidiaries faithfully and to the best of the Indemnitee’s ability so long as the Indemnitee is duly elected or appointed and until such time as the Indemnitee’s successor is elected and qualified or the Indemnitee is removed as permitted by applicable law and the Bylaws or tenders a resignation. Service at any subsidiary Subsidiary of the Company shall be deemed to be service at the request of the Company for purposes of this Agreement. By entering into this Agreement, Indemnitee is deemed to be serving at the request of the Company, and the Company is deemed to be requesting such service.

Appears in 1 contract

Samples: Indemnification Agreement (PDL Biopharma, Inc.)

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Service by the Indemnitee. The Indemnitee shall serve and/or continue to serve as a director, director or officer and/or employee of the Company and/or its subsidiaries faithfully and to the best of the Indemnitee’s ability so long as the Indemnitee is duly elected or appointed and until such time as the Indemnitee’s successor is elected and qualified or the Indemnitee is removed as permitted by applicable law or tenders a resignation. Service at any subsidiary of the Company shall be deemed to be service at the request of the Company for purposes of this Agreement. By entering into this Agreement, Indemnitee is deemed to be serving at the request of the Company, and the Company is deemed to be requesting such service.

Appears in 1 contract

Samples: Form of Indemnification Agreement (Chobani Inc.)

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