Common use of Improper Personal Benefit Clause in Contracts

Improper Personal Benefit. To indemnify Indemnitee against liability for any transactions from which Indemnitee, or any Affiliate of Indemnitee, derived an improper personal benefit, including, but not limited to, self-dealing or usurpation of a corporate opportunity.

Appears in 19 contracts

Sources: Indemnification Agreement (Topgolf Callaway Brands Corp.), Indemnification Agreement (Callaway Golf Co), Indemnification Agreement (Callaway Golf Co)

Improper Personal Benefit. To indemnify Indemnitee against liability for any transactions from which Indemnitee, or any Affiliate of Indemnitee, Indemnitee derived an improper personal benefit, including, but not limited to, self-dealing or usurpation of a corporate opportunity.

Appears in 16 contracts

Sources: Indemnification Agreement (Alpha Microsystems), Indemnification Agreement (NQL Inc), Indemnification Agreement (Alpha Microsystems)

Improper Personal Benefit. To indemnify Indemnitee against ------------------------- liability for any transactions from which Indemnitee, or any Affiliate of Indemnitee, derived an improper personal benefit, including, but not limited to, self-dealing or usurpation of a corporate opportunity.

Appears in 9 contracts

Sources: Indemnification Agreement (Callaway Golf Co /Ca), Indemnification Agreement (Callaway Golf Co /Ca), Indemnification Agreement (Callaway Golf Co /Ca)

Improper Personal Benefit. To indemnify Indemnitee against liability Expenses, losses, liabilities, judgments, fines, penalties and amounts paid in settlement of a Claim for any transactions transaction from which Indemnitee, or any Affiliate affiliate of Indemnitee, derived an improper personal benefit, including, but not limited to, self-dealing or usurpation of a corporate opportunity.;

Appears in 2 contracts

Sources: Indemnification Agreement (Lawson Products Inc/New/De/), Indemnification Agreement (Cbot Holdings Inc)

Improper Personal Benefit. To indemnify the Indemnitee against liability for any transactions transaction from which the Indemnitee, or any Affiliate of the Indemnitee, derived an improper personal benefit, including, but not limited to, self-dealing or usurpation of a corporate opportunity.

Appears in 1 contract

Sources: Indemnification Agreement (Biodel Inc)