Specific Provision of Indemnification. (a) Any person, or such person’s estate or personal representative, made or threatened with being made a party to any action, suit, arbitration, or proceeding (civil, criminal, administrative, or investigative, whether formal or informal), which involves foreign, federal, state or local law, by reason of the fact that such person is or was a Director or Officer of this Corporation or of any Corporation or other enterprise for which he or she served at this Corporation’s request as a director, officer, partner, trustee, member of any decision-making committee, employee, or agent, shall be indemnified by this Corporation for all reasonable expenses incurred in the Proceeding to the extent he or she has been successful on the merits or otherwise.
Appears in 4 contracts
Samples: Stockholders Agreement, Exchange Agreement, Exchange Agreement
Specific Provision of Indemnification. (a) Any person, or such person’s estate or personal representative, made or threatened with being made a party to any action, suit, arbitration, or proceeding (civil, criminal, administrative, or investigative, whether formal or informal), which involves foreign, federal, state or local law, by reason of the fact that such person is or was a Director or Officer of this Corporation or of any Corporation or other enterprise for which he or she served at this Corporation’s request as a director, officer, partner, trustee, member of any decision-making committee, employee, or agent, shall be indemnified by this Corporation for all reasonable DM_US 64268565-8.096210.0011 17 expenses incurred in the Proceeding to the extent he or she has been successful on the merits or otherwise.
Appears in 1 contract
Samples: Stockholders Agreement