Common use of Indemnification of Employees and Agents Clause in Contracts

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers under this Article VI.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Cable One, Inc.), Limited Liability Company Agreement (Project Angel Parent, LLC), Limited Liability Company Agreement (Cable One, Inc.)

Indemnification of Employees and Agents. The CompanyLLC, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company LLC to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers but who are or were serving at the request of the Company LLC as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers under this Article VIVII.

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Emmis Communications Corp), Limited Liability Company Agreement (Emmis Communications Corp), Limited Liability Company Agreement (Solera Holdings LLC)

Indemnification of Employees and Agents. The CompanyLLC, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company LLC to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers but who are or were serving at the request of the Company LLC as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers under this Article VIARTICLE VII.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Tsi Finance Inc), Limited Liability Company Agreement (Prestige Brands Holdings, Inc.), Limited Liability Company Agreement (Prestige Brands International, Inc.)

Indemnification of Employees and Agents. The CompanyLLC, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company LLC to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers Managers, Officers or Officers employees of the LLC but who are or were serving at the request of the Company LLC as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers Managers, Officers and Officers employees of the LLC under this Article VIVII.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Triad Financial Sm LLC), Limited Liability Company Agreement (Triad Financial Corp), Limited Liability Company Agreement (Triad Financial Corp)

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers under this Article VIVII.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (VWR Funding, Inc.), Limited Liability Company Agreement (VWR, Inc.)

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not the Managers or Officers but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him such Person and incurred by him such Person in such a capacity or arising out of his such Person’s status as such a Person to the same extent that it may indemnify and advance expenses to the Managers and Officers under this Article VISection.

Appears in 1 contract

Sources: Limited Liability Company Agreement (CERES Coin LLC)

Indemnification of Employees and Agents. The Company, Company by adoption of a resolution action of the Board, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers a Unitholder, Director, Tax Matters Partner, or Officers Officer but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic partnership, limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers Unitholders under this Article VI7.

Appears in 1 contract

Sources: Limited Liability Company Agreement (B. Riley Financial, Inc.)

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the BoardMembers, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers managers or Officers officers of the Company but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers managers and Officers officers under this Article VISection 14.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Erie Shores Emergency Physicians, Inc.)

Indemnification of Employees and Agents. The CompanyLLC, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company LLC to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers Directors or Officers but who are or were serving at the request of the Company LLC as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him and incurred by him in such a capacity or arising out of his status as such a Person to the same extent that it may indemnify and advance expenses to Managers Directors and Officers under this Article VIVII.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Lecg Corp)

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the Board, may indemnify and advance expenses to an employee or agent of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers officers of the Company but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability asserted against him or her and incurred by him or her in such a capacity or arising out of his or her status as such a Person to the same extent that it may indemnify and advance expenses to Managers and Officers officers under this Article VIARTICLE VIII.

Appears in 1 contract

Sources: Limited Liability Company Agreement (DelStaff, LLC)

Indemnification of Employees and Agents. The Company, by adoption of a resolution of the BoardManager, may indemnify and advance expenses to an employee any employees or agent agents of the Company to the same extent and subject to the same conditions under which it may indemnify and advance expenses to Persons who are not or were not Managers or Officers Covered Persons but who are or were serving at the request of the Company as a manager, director, officer, partner, venturer, proprietor, trustee, KL2-#2545914-v2-Boise_Paper_Holdings_L_L_C_ employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise against any liability liabilities and expenses asserted against him such Person and incurred by him such Person in such a capacity or arising out of his their status as such a Person Person, to the same extent that it may indemnify and advance expenses to Managers and Officers Covered Persons under this Article VIVII.

Appears in 1 contract

Sources: Operating Agreement (Boise White Paper Sales Corp.)