Common use of Section 16(b) Clause in Contracts

Section 16(b). To indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, or any similar successor statute; or

Appears in 4 contracts

Sources: Indemnification Agreement (Blum Holdings, Inc.), Indemnification & Liability (Blum Holdings, Inc.), Indemnification & Liability (Blum Holdings, Inc.)

Section 16(b). To indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent applicable to the Company, or any similar successor statute; or

Appears in 2 contracts

Sources: Indemnification Agreement (ACA Capital Holdings Inc), Indemnity Agreement (ACA Capital Holdings Inc)