Continuing Indemnification Obligation. Following the Spin-Off Date, Geo Point Utah shall honor the rights of any director, officer or employee of Geo Point Nevada to seek indemnification under any certificate of incorporation or bylaws of Geo Point Utah or any of its predecessors or Subsidiaries, or under any indemnification agreements or arrangements, arising out of or relating to actions or inactions of such directors or officers prior to the Spin-Off Date.
Appears in 3 contracts
Sources: Separation Agreement (Geo Point Resources, Inc.), Separation Agreement (Geo Point Technologies Inc), Separation Agreement (Geo Point Resources, Inc.)