Official capacity definition
Examples of Official capacity in a sentence
The provisions of this Agreement will survive the death, disability, or incapacity of the Indemnitee or the termination of the Indemnitee’s service in an Official Capacity and will inure to the benefit of the Indemnitee’s heirs, executors and administrators.
The Indemnitee agrees to serve in each Official Capacity held now or in the future for so long as the Indemnitee is duly elected or appointed or, if earlier, until (a) the Indemnitee’s death, retirement, resignation or removal or (b) such service is otherwise terminated pursuant to DTE Energy’s Articles of Incorporation, Bylaws or the BCA.
The provisions of this Agreement apply to covered Proceedings pending on the date of this Agreement or commenced hereafter, and cover and will cover acts or omissions or alleged acts or omissions of the Indemnitee taken in an Official Capacity, including without limitation those that (a) occurred prior to the date of this Agreement or (b) are first asserted or brought after the Indemnitee’s service in the relevant Official Capacity has terminated.
Nothing in this Agreement confers upon the Indemnitee the right to continue in the employ of DTE Energy or in any Official Capacity, or affect the right of DTE Energy to terminate, in DTE Energy’s sole discretion (with or without cause) and at any time, the Indemnitee’s employment or the Indemnitee’s service in any Official Capacity, in each case subject to any contractual rights of the Indemnitee under agreements with DTE Energy other than this Agreement.