SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 10 contracts
Samples: Indemnification Agreement (Itiquira Acquisition Corp.), Indemnity Agreement (Itiquira Acquisition Corp.), Indemnification Agreement (Itiquira Acquisition Corp.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer or director or officer of the Company Company, as applicable, for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 8 contracts
Samples: Indemnification Agreement (GTY Technology Holdings Inc.), Indemnification Agreement (GTY Technology Holdings Inc.), Indemnity Agreement (GTY Technology Holdings Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 1717.
Appears in 7 contracts
Samples: Indemnification Agreement (One Madison Corp), Indemnification Agreement (One Madison Corp), Indemnification Agreement (One Madison Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this This Agreement shall not serve as a binding commitment on the part of Indemnitee to continue in full force and effect after Indemnitee has ceased to serve in such capacity, or on the part of the Company to cause him or her to be nominated to successive terms as a director or officer of the Companyor to not otherwise be removed for cause or without cause, as provided in Section 17permitted under law.
Appears in 6 contracts
Samples: Indemnification Agreement (K12 Inc), Indemnification Agreement (Isotis Inc), Indemnification Agreement (Peplin Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve as a an officer or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its subsidiaries or affiliated entities.
Appears in 4 contracts
Samples: Indemnity Agreement (Ariad Pharmaceuticals Inc), Indemnification & Liability (Ariad Pharmaceuticals Inc), Indemnity Agreement (Centerplate, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until is terminated by the Company. Nothing contained in this Agreement shall be construed as giving Indemnitee is removedany right to be retained in the employ of the Company or any of its subsidiaries or affiliated entities. The foregoing notwithstanding, this Agreement shall continue in full force and effect after the Indemnitee has ceased to serve as a an officer, director or officer key employee of the Company, as provided in Section 17.
Appears in 4 contracts
Samples: Indemnification Agreement, Indemnity Agreement (Spansion Inc.), Indemnity Agreement (Spansion Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer of by other agreements or commitments or the Companyparties, as provided in Section 17if any.
Appears in 4 contracts
Samples: Indemnification Agreement (Carpenter Technology Corp), Indemnification Agreement (Carpenter Technology Corp), Indemnification Agreement (Carpenter Technology Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director an officer, director, advisor, key employee or officer of in any other capacity for the Company for so long as Indemnitee is duly elected or elected, appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 3 contracts
Samples: Indemnity Agreement (COMMITTED CAPITAL ACQUISITION Corp II), Indemnity Agreement (COMMITTED CAPITAL ACQUISITION Corp II), Indemnity Agreement (COMMITTED CAPITAL ACQUISITION Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agrees to serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedno longer serving in such capacity. The foregoing notwithstanding, this This Agreement shall continue in full force not be deemed an employment agreement between the Company and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17Indemnitee.
Appears in 3 contracts
Samples: Director and Officer Indemnification Agreement (Autoliv Inc), Director and Officer Indemnification Agreement (Veoneer, Inc.), Director and Officer Indemnification Agreement (Veoneer, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as serve, at the will of the Company, a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this This Agreement shall continue in full force and effect after Indemnitee has ceased to not serve as a director binding commitment on the part of Indemnitee to continue to serve in such capacity, or officer on the part of the Company, Company to cause him to continue as provided in Section 17such.
Appears in 3 contracts
Samples: Separation Agreement (Medivation, Inc.), Transition and Separation Agreement (Medivation, Inc.), Indemnification Agreement (Medivation, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve as a director or and/or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his resignation. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ of the Company or her resignation any of its subsidiaries or until Indemnitee is removedaffiliated entities. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or and/or officer of the Company, as provided in Section 17.
Appears in 3 contracts
Samples: Indemnification Agreement (Cbeyond, Inc.), Indemnity Agreement (New Online Co), Indemnity Agreement (Digital Generation, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director director, officer, or officer both, of the Company at the will of the Company and its stockholders for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstandingAs provided in section 16, the obligations of the Company under this Agreement shall will continue in full force and effect after Indemnitee has ceased to serve as a director notwithstanding any resignation or officer of the Company, as provided in Section 17termination that may occur.
Appears in 2 contracts
Samples: Indemnification Agreement (Career Education Corp), Indemnification Agreement (Career Education Corp)
SERVICES TO THE COMPANY. In consideration Indemnitee will serve, or continue to serve, at the will of the Company’s covenants and obligations hereunder, Indemnitee will serve as an officer or continue to serve as a director of the Company and/or one or officer more affiliates of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligations on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director or officer on behalf of the CompanyCompany beyond any period otherwise required by law or by other agreements or commitments of the parties, as provided in Section 17if any.
Appears in 2 contracts
Samples: Indemnification Agreement (Prologis, L.P.), Indemnification Agreement (Kilroy Realty Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his resignation. This Agreement shall not be deemed an employment contract between the Company (or her resignation any of its Subsidiaries or until Indemnitee is removedany Enterprise) and Indemnitee. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director director, officer or officer key employee of the Company, as provided in Section 17.
Appears in 2 contracts
Samples: Indemnity Agreement (Quanta Services Inc), Indemnity Agreement (Quanta Services Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as serve, at the will of the Company, a director or officer Director of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this This Agreement shall continue in full force and effect after Indemnitee has ceased to not serve as a director binding commitment on the part of Indemnitee to continue to serve in such capacity, or officer on the part of the Company, Company to cause him to be nominated to successive terms as provided in Section 17a Director or to not otherwise be removed for cause as permitted under law.
Appears in 2 contracts
Samples: Director's Indemnification Agreement (Virbac Corp), Director’s Indemnification Agreement (K12 Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 1716.
Appears in 2 contracts
Samples: Indemnification Agreement (Global Defense & National Security Systems, Inc.), Indemnification Agreement (Global Defense & National Security Systems, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her [his][her] resignation or until Indemnitee is removed. The foregoing notwithstandingotherwise removed as an officer, director or key employee; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer by other agreements or commitments of the Companyparties, as provided in Section 17if any.
Appears in 2 contracts
Samples: Indemnification Agreement (Genpact LTD), Indemnification Agreement (Genpact LTD)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agrees to serve or to continue to serve as a an officer or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee and such resignation is removedaccepted. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its Subsidiaries.
Appears in 2 contracts
Samples: Indemnification Agreement (Lowes Companies Inc), Indemnification Agreement (Lowes Companies Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve as a an employee or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its subsidiaries or affiliated entities.
Appears in 2 contracts
Samples: Indemnity Agreement (Mentor Graphics Corp), Indemnity Agreement (Beazer Homes Usa Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve serve, as a the case may be, as an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until is no longer serving in such capacity. Nothing contained in this Agreement shall be construed as giving Indemnitee is removedany right to be retained in the employ of the Company or any of its subsidiaries or affiliated entities. The foregoing notwithstanding, this This Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a an officer, director or officer key employee of the Company, as provided in Section 17.
Appears in 2 contracts
Samples: Indemnity Agreement (Medicines Co /De), Indemnity Agreement (Salix Pharmaceuticals LTD)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue hereby agrees to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed, subject to the terms of any retention agreement between Indemnitee and the Company. The foregoing notwithstanding, this This Agreement shall continue in full force and effect after Indemnitee has ceased to serve not be deemed an employment agreement or an agreement for the nomination, appointment or election as a director or officer of between the Company, as provided in Section 17Company and Indemnitee.
Appears in 2 contracts
Samples: Indemnification Agreement (Hooper Holmes Inc), Indemnification Agreement (Hooper Holmes Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee is removed or terminated, as applicable, or tenders his or her resignation. Indemnitee may tender the resignation at any time in his or until her sole and absolute discretion. Notwithstanding anything to the contrary in this Agreement, the Company and Indemnitee acknowledge that Indemnitee’s employment, if any, is removed. The foregoing notwithstanding, this Agreement and shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Companybe at-will, as provided in Section 17defined under applicable law.
Appears in 2 contracts
Samples: Indemnification Agreement (IMH Financial Corp), Indemnification Agreement (IMH Financial Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 2 contracts
Samples: Indemnification Agreement (Global Eagle Entertainment Inc.), Indemnity Agreement (Global Eagle Entertainment Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee's service to serve as a director the Company beyond any period otherwise required by law or officer by other agreements or commitments of the Companyparties, as provided in Section 17if any.
Appears in 1 contract
Samples: Indemnification Agreement (Readers Digest Association Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer of by other agreements or commitments or the Companyparties, as provided in Section 17if any.
Appears in 1 contract
Samples: Indemnification Agreement (Smith International Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or agrees to continue to serve as a director or an officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedno longer serving in such capacity. The foregoing notwithstanding, this This Agreement shall not be deemed an employment agreement between the Company (or any of its subsidiaries or Enterprise) and Indemnitee. This Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or an officer of the Company or, at the request of the Company, of any of its subsidiaries or Enterprise, as provided in Section 1713 hereof.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until is terminated by the Company in which event the Company shall have no obligation to continue to allow Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director in any such position. Nothing contained herein shall be construed to affect the employment rights, duties and obligations that the Company or officer of the Company, as provided in Section 17Indemnitee may have under contract or applicable law.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its subsidiaries or affiliated entities.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer by other agreements or commitments of the Companyparties, as provided in Section 17if any.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingterminated in accordance with the terms of any applicable agreement with the Company; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer of by other agreements or commitments or the Companyparties, as provided in Section 17if any.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director an officer, director, advisor, key employee or officer of in any other capacity for the Company for so long as Indemnitee is duly elected or elected, appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect for the entire duration of Indemnittee’s service as an officer, director, advisor, key employee for the Company and after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, ,Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company, as provided in Section 17.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation resignation, or until Indemnitee is removedremoved or dies. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a an officer, director or officer key employee of the Company, as provided in Section 17.
Appears in 1 contract
Samples: Indemnification Agreement (Trident Acquisitions Corp.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingresignation; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer by other agreements or commitments of the Companyparties, as provided in Section 17if any.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director an officer, director, employee or officer agent of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingterminated in accordance with the terms of any applicable agreement with the Company; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer of by other agreements or commitments or the Companyparties, as provided in Section 17if any.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agrees to serve or continue to serve as a an officer, or director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedterminated by the Company or becomes incapacitated in accordance with the Company’s Certificate of Incorporation (the “Charter”) or By-Laws. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its Subsidiaries or affiliated entities.
Appears in 1 contract
Samples: Indemnification Agreement (Cohu Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or agrees to continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedno longer serving in such capacity. The foregoing notwithstanding, this This Agreement shall not be deemed an employment agreement between the Company (or any of its subsidiaries or Enterprise) and Indemnitee. This Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company or, at the request of the Company, of any of its subsidiaries or Enterprise, as provided in Section 1713 hereof.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or agrees to continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedno longer serving in such capacity. The foregoing notwithstanding, this This Agreement shall not be deemed an employment agreement between the Company (or any of its subsidiaries or Enterprise) and Indemnitee. This Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Company or, at the request of the Company, of any of its subsidiaries or Enterprise, as provided in Section 1712 hereof.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedremoved or terminated, as applicable, or tenders Indemnitee’s resignation. The foregoing notwithstandingIndemnitee may tender the resignation at any time in Indemnitee’s sole and absolute discretion. Notwithstanding anything to the contrary in this Agreement, this Agreement the Company and the Indemnitee acknowledge that the Indemnitee’s employment, if any, is and shall continue in full force and effect after Indemnitee has ceased to serve as a director or officer of the Companybe at-will, as provided in Section 17defined under applicable law.
Appears in 1 contract
Samples: Indemnification Agreement (Mohawk Group Holdings, Inc.)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its subsidiaries or affiliated entities.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve serve, at the will of the Company, as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removed. The foregoing notwithstandingotherwise removed as an officer, director or key employee; however, this Agreement shall not impose any obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director the Company beyond any period otherwise required by law or officer by other agreements or commitments of the Companyparties, as provided in Section 17if any.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until is terminated by the Company in which event the Company shall have no obligation to continue to allow Indemnitee is removed. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a director in any such position. Nothing contained herein shall be construed to affect the employment rights, duties and obligations the Company or officer of the Company, as provided in Section 17Indemnitee may have under contract or applicable law.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee has ceased to serve as a an officer, director or officer key employee of the Company, as provided in Section 17.
Appears in 1 contract
Samples: Indemnification Agreement (GRASSMERE ACQUISITION Corp)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a director or officer Director of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresigns from such position. The foregoing notwithstanding, this This Agreement shall continue in full force and effect after Indemnitee has ceased to not serve as a director binding commitment on the part of Indemnitee to continue to serve in such capacity, or officer on the part of the Company, Company to cause him to be nominated to successive terms as provided in Section 17a Director or to not otherwise be removed from the Board as permitted under law. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any Enterprise) and Indemnitee.
Appears in 1 contract
Samples: Director’s Indemnification Agreement (Craftmade International Inc)
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will agree to serve or to continue to serve as a an employee or director or officer of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedresignation. The foregoing notwithstanding, Nothing contained in this Agreement shall continue be construed as giving Indemnitee any right to be retained in full force and effect after Indemnitee has ceased to serve as a director or officer the employ of the Company, as provided in Section 17Company or any of its subsidiaries or affiliated entities.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve agree to begin or continue to serve as a director or officer of the Company his Corporate Status for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his resignation. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ of the Company or her resignation any of its subsidiaries or until Indemnitee is removedaffiliated entities. The foregoing notwithstanding, this Agreement shall continue in full force and effect after Indemnitee Indemnitee’s Corporate Status with the Company has ceased to serve as a director or officer of the Company, as provided in Section 17ceased.
Appears in 1 contract
SERVICES TO THE COMPANY. In consideration of the Company’s covenants and obligations hereunder, Indemnitee will serve or continue to serve as a an officer, director or officer key employee of the Company for so long as Indemnitee is duly elected or appointed or retained or until Indemnitee tenders his or her resignation or until Indemnitee is removedIndemnitee’s resignation. The foregoing notwithstandingHowever, this Agreement shall not impose any independent obligation on Indemnitee or the Company to continue in full force and effect after Indemnitee has ceased Indemnitee’s service to serve as a director or officer of the Company, as provided in Section 17. This Agreement shall not be deemed an employment contract between the Company (or any other entity) and Indemnitee.
Appears in 1 contract