Continuation of Obligation. All agreements and obligations of the Corporation contained herein shall continue during the period Indemnitee is serving in any capacity described in Section 3 hereof, and shall continue thereafter for so long as Indemnitee shall be subject to any possible claim or threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Indemnitee was a director or officer of the Corporation or any Subsidiary or, while such a director or officer, served in any other capacity referred to in this Agreement.
Appears in 2 contracts
Sources: Indemnification Agreement (Thousand Trails Inc /De/), Indemnification Agreement (Thousand Trails Inc /De/)
Continuation of Obligation. All agreements and obligations of the -------------------------- Corporation contained herein shall continue during the period Indemnitee is serving in any capacity described in Section 3 hereof, and shall continue thereafter for so long as Indemnitee shall be subject to any possible claim or threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that Indemnitee was a director or officer of the Corporation or any Subsidiary or, while such a director or officer, served in any other capacity referred to in this Agreement.
Appears in 1 contract
Sources: Indemnification Agreement (Thousand Trails Inc /De/)