Common use of Limitation Related to Certain Court Judgments or Injunctions Clause in Contracts

Limitation Related to Certain Court Judgments or Injunctions. No indemnity pursuant to Section 3 will be paid by Company to the extent of any Losses incurred in a Proceeding in which Indemnitee is adjudged liable to Company, in a final nonappealable decision, or is subjected to final nonappealable injunctive relief in favor of Company: (i) for any appropriation, in violation of their duties, of any business opportunity of Company; (ii) for acts or omissions that involve intentional misconduct or a knowing violation of law; (iii) for the types of liability set forth in Section 14-2-832 of the Statute; or (iv) for any transaction from which Indemnitee received any improper personal benefit.