Common use of Services of Indemnitee Clause in Contracts

Services of Indemnitee. In consideration of the Company’s covenants and commitments hereunder, Indemnitee agrees to serve or continue to serve as a [director] [officer] of the Company for so long as Indemnitee is duly elected or appointed or until Indemnitee tenders [his] [her] resignation or is no longer serving in such capacity. However, this Agreement shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if any.

Appears in 3 contracts

Samples: Indemnification Agreement (Eyegate Pharmaceuticals Inc), Indemnification Agreement (Harvard Apparatus Regenerative Technology, Inc.), Indemnification Agreement (Harvard Apparatus Regenerative Technology, Inc.)

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Services of Indemnitee. In consideration of the Company’s 's covenants and commitments hereunder, Indemnitee agrees to serve or continue to serve as a [director] [officer] director of the Company for so long as Indemnitee he or she is duly elected or appointed and qualified or until Indemnitee tenders [his] [her] resignation he or is no longer serving she resigns in such capacityaccordance with the Bylaws or applicable law. However, this This Agreement shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s 's service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if any.

Appears in 1 contract

Samples: Director Indemnification Agreement (PrimeWood, Inc.)

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Services of Indemnitee. In consideration of the Company’s covenants and commitments hereunder, Indemnitee agrees to serve or continue to serve as a director [director] [or officer] of the Company for Company, so long as the Indemnitee is duly elected or appointed and until such time as the Indemnitee is removed, terminated, or until Indemnitee tenders [his] [her] resignation or is no longer serving in such capacity. However, this Agreement shall not impose any obligation on Indemnitee or the Company to continue Indemnitee’s service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if anya resignation.

Appears in 1 contract

Samples: Indemnification Agreement (Magnachip Semiconductor LLC)

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