Services of Indemnitee. In consideration of the Trust’s covenants and commitments hereunder, Indemnitee agrees to serve as a trustee or officer of the Trust. However, this Agreement shall not impose any obligation on Indemnitee or the Trust to continue Indemnitee’s service to the Trust beyond any period otherwise required by law or by other agreements or commitments of the parties, if any.
Appears in 4 contracts
Samples: Indemnification Agreement, Indemnification Agreement (Chambers Street Properties), Indemnification Agreement (Cb Richard Ellis Realty Trust)
Services of Indemnitee. In consideration of the Trust’s covenants and commitments hereunder, Indemnitee agrees to serve as a trustee or officer of the Trust. However, this Agreement shall not impose any obligation on Indemnitee or the Trust to continue Indemnitee’s service to the Trust beyond any period otherwise required by law or by other agreements or commitments of the parties, if any. This Agreement shall not be deemed an employment contract between the Trust (or any other entity) and Indemnitee.
Appears in 2 contracts
Samples: Indemnification Agreement (Chambers Street Properties), Indemnification Agreement (Chambers Street Properties)
