Indemnification of Others. The corporation shall have the power, to the extent and in the manner permitted by the Code, to indemnify each of its employees and agents (other than directors and officers) against expenses (as defined in Section 317(a) of the Code), judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code), arising by reason of the fact that such person is or was an agent of the corporation. For purposes of this Article 6, an "employee" or "agent" of the corporation (other than a director or officer) includes any person (i) who is or was an employee or agent of the corporation, (ii) who is or was serving at the request of the corporation as an employee or agent of another corporation, partnership, joint venture, trust or other enterprise, or (iii) who was an employee or agent of a corporation which was a predecessor corporation of the corporation or of another enterprise at the request of such predecessor corporation.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Lightspan Partnership Inc), Stock Purchase Agreement (Lightspan Partnership Inc)
Indemnification of Others. The corporation Corporation shall have the power, to the extent and in the manner permitted by the CodeDelaware Law, to indemnify each of its officers, employees and agents (other than directors and officersdirectors) against expenses (as defined in Section 317(a) of the Codeincluding attorneys’ fees), judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code)proceeding, arising by reason of the fact that such person is or was an agent of the corporationCorporation. For purposes of this Article 6Section 5.02, an "employee" officer, employee or "agent" agent of the corporation Corporation (other than a director or officerdirector) includes any person (ia) who is or was an employee or agent of the corporationCorporation, (iib) who is or was serving at the request of the corporation Corporation as an a director, officer, manager, member, partner, trustee, employee or other agent of another corporation, limited liability company, partnership, joint venture, trust or other enterprise, or (iiic) who was an employee or agent of a corporation which that was a predecessor corporation of the corporation Corporation or of another enterprise at the request of such predecessor corporation.
Appears in 2 contracts
Sources: Merger Agreement (Checkpoint Therapeutics, Inc.), Merger Agreement (Fortress Biotech, Inc.)
Indemnification of Others. The corporation shall have the power, to the extent and in the manner permitted by the Code, to indemnify each of its employees employees, officers, and agents (other than directors and officersdirectors) against expenses (as defined in Section 317(a) of the Code)all, judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code)proceeding, arising by reason of the fact that such person is or was an employee, officer, or agent of the corporation. For purposes of this Article 6VI, an "employee" employee or "agent" officer or agent of the corporation (other than a director or officerdirector) includes any person (i) who is or was an employee employee, officer, or agent of the corporation, (ii) who is or was serving at the request of the corporation as an employee employee, officer, or agent of another foreign or domestic corporation, partnership, joint venture, trust or other enterprise, or (iii) who was an employee employee, officer, or agent of a corporation which was a predecessor corporation of the corporation or of another enterprise at the request of such predecessor corporation.
Appears in 2 contracts
Sources: By Laws (Eagle Aero Holdings CORP), By Laws (Eagle Aero Holdings CORP)
Indemnification of Others. The corporation shall Corporation will have the power, to the extent and in the manner permitted by the CodeGeneral Corporation Law of Delaware, to indemnify each of its officers, employees and agents (other than directors and officersdirectors) against expenses (as defined in Section 317(a) of the Code)Expenses, judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code)Proceeding, arising by reason of the fact that such person is or was an agent of the corporationCorporation. For purposes of this Article 6Section 6.2, an "employee" officer, employee or "agent" agent of the corporation Corporation (other than a director or officerdirector) includes any person (ia) who is or was an officer, employee or agent of the corporationCorporation, (iib) who is or was serving at the request of the corporation Corporation as an a director, officer, manager, member, partner, trustee, employee or other agent of another corporation, limited liability company, partnership, joint venture, trust or other enterprise, or (iiic) who was an officer, employee or agent of a corporation which that was a predecessor corporation or other entity of the corporation Corporation or of another enterprise at the request of such predecessor corporationcorporation or entity.
Appears in 1 contract
Sources: Merger Agreement (Cempra, Inc.)
Indemnification of Others. The corporation shall have the power, to the extent and in the manner permitted by the CodeGeneral Corporation Law of the State of Delaware, to indemnify each of its employees and agents (other than directors and officers) against expenses (as defined in Section 317(a) of the Codeincluding attorneys’ fees), judgments, fines, settlements, settlements and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code)proceeding, arising by reason of the fact that such person is or was an agent of the corporation. For purposes of this Article 6Section 6.2, an "“employee" ” or "“agent" ” of the corporation (other than a director or officer) includes any person (i) who is or was an employee or agent of the corporation, (ii) who is or was serving at the request of the corporation as an employee or agent of another corporation, partnership, joint venture, trust or other enterprise, enterprise or (iii) who was an employee or agent of a corporation which was a predecessor corporation of the corporation or of another enterprise at the request of such predecessor corporation.
Appears in 1 contract
Sources: Merger Agreement (Dts, Inc.)
Indemnification of Others. The corporation Corporation shall have the power, to the extent and in the manner permitted by the CodeDGCL, to indemnify each of its officers, employees and agents (other than directors and officersdirectors) against expenses (as defined in Section 317(a) of the Codeincluding attorneys’ fees), judgments, fines, settlements, and other amounts actually and reasonably incurred in connection with any proceeding (as defined in Section 317(a) of the Code)proceeding, arising by reason of the fact that such person is or was an agent of the corporationCorporation. For purposes of this Article 6Section 6.2, an "employee" officer, employee or "agent" agent of the corporation Corporation (other than a director or officerdirector) includes any person (ia) who is or was an employee or agent of the corporationCorporation, (iib) who is or was serving at the request of the corporation Corporation as an a director, officer, manager, member, partner, trustee, employee or other agent of another corporation, limited liability company, partnership, joint venture, trust or other enterprise, or (iiic) who was an employee or agent of a corporation which that was a predecessor corporation of the corporation Corporation or of another enterprise at the request of such predecessor corporation.
Appears in 1 contract