Common use of Services by the Indemnitee Clause in Contracts

Services by the Indemnitee. The Indemnitee hereby agrees to serve or continue to serve, at the will of the Company, as a director and/or officer of the Company, for as long as the Indemnitee is duly elected or appointed, as the case may be, or until the Indemnitee tenders his or her resignation or is removed. For the avoidance of doubt, the Company’s obligations under this Agreement shall continue to the extent provided for in this Agreement, notwithstanding that the Indemnitee may have ceased to be a director or officer of the Company at the time that a Proceeding is commenced.

Appears in 3 contracts

Sources: Indemnification Agreement (Juniper Investment Company, LLC), Indemnification Agreement (Lincoln Educational Services Corp), Indemnification Agreement (Lincoln Educational Services Corp)