Common use of Retroactive Effect Clause in Contracts

Retroactive Effect. Notwithstanding anything to the contrary contained in this Agreement, the Company's obligation to indemnify the Indemnitee and advance Expenses to the Indemnitee shall be deemed to be in effect since the date that the Indemnitee first commenced serving in any of the capacities covered by this Agreement.

Appears in 7 contracts

Sources: Employment Agreement (Pacific Energy Resources LTD), Indemnification Agreement (Pacific Ethanol, Inc.), Employment Agreement (Pacific Energy Resources LTD)

Retroactive Effect. Notwithstanding anything to the contrary contained in this Agreement, the Company's ’s obligation to indemnify the Indemnitee and advance Expenses to the Indemnitee shall be deemed to be in effect since the date that the Indemnitee first commenced serving in any of the capacities covered by this Agreement.

Appears in 2 contracts

Sources: Indemnification Agreement (Overhill Farms Inc), Indemnification Agreement (I/Omagic Corp)

Retroactive Effect. Notwithstanding anything to the contrary contained in this Agreement, the Company's ’s obligation to indemnify the Indemnitee and advance Expenses and Losses to the Indemnitee shall be deemed to be in effect since the date that the Indemnitee first commenced serving in any of the capacities covered by this Agreement.

Appears in 2 contracts

Sources: Indemnification Agreement (Balqon Corp.), Indemnification Agreement (Strasbaugh)

Retroactive Effect. Notwithstanding anything to the contrary contained in this Agreement, the Company's obligation to indemnify the Indemnitee and advance Expenses and Losses to the Indemnitee shall be deemed to be in effect since the date that the Indemnitee first commenced serving [in any of the capacities covered by this Agreement] [as a director of the Company].

Appears in 1 contract

Sources: Indemnification Agreement (Pacific Ethanol, Inc.)

Retroactive Effect. Notwithstanding anything to the contrary contained in this Agreement, the Company's obligation to indemnify the Indemnitee and advance Expenses and Losses to the Indemnitee shall be deemed to be in effect since the date that the Indemnitee first commenced serving in any of the capacities covered by this Agreement.

Appears in 1 contract

Sources: Indemnification Agreement (Mmax Media, Inc.)