Common use of Contract Right Clause in Contracts

Contract Right. Subsequent Amendment. The right to indemnification and advancement of expenses conferred in this Article shall be a contract right. No amendment, termination or repeal of this Article shall affect or diminish in any way the rights of any Covered Person to indemnification or advancement of expenses under the provisions hereof with respect to any suit or other proceeding arising out of or relating to any action, omission, transaction or facts occurring prior to the final adoption of such amendment, termination or repeal, except with the consent of the Covered Person.