Services of Indemnitee. In consideration of the Company’s covenants and commitments hereunder, Indemnitee agrees to his initial employment as an executive officer of the Company. For avoidance of doubt, this Agreement shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company and the Company’s obligations and Indemnitee’s rights under this Agreement are not conditioned on Indemnitee continuing his service to the Company for any minimum or fixed period of time.
Appears in 6 contracts
Samples: Indemnification Agreement (Elandia International Inc.), Indemnification Agreement (Elandia International Inc.), Indemnification Agreement (Elandia International Inc.)
