Duration of Agreement Clause Example with 44 Variations from Business Contracts

This page contains Duration of Agreement clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's Corporate St...atus, whether or not he is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. View More

Variations of a "Duration of Agreement" Clause from Business Contracts

Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period for so long as Indemnitee is may have any liability or potential liability by virtue of serving or having served as an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, partner, trustee, member, employee or agent of another corporation, partnership, joint venture, trust trust, limited liability company or other enterprise) and shal...l continue thereafter so long as Indemnitee enterprise. This Agreement shall be subject binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any Proceeding (or any proceeding commenced under Section 7 hereof) direct or indirect successor by reason 10 purchase, merger, consolidation or otherwise to all or substantially all of Indemnitee's Corporate Status, whether the business or not he is acting or serving in any such capacity at assets of the time any liability or expense is incurred for which indemnification can be provided under this Agreement. Company), assigns, spouses, heirs, executors and personal and legal representatives. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period for so long as Indemnitee is may have any liability or potential liability by virtue of serving or having served as an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, partner, trustee, member, employee or agent of another corporation, partnership, joint venture, trust trust, limited liability company or other enterprise) and shal...l continue thereafter so long as Indemnitee enterprise. This Agreement shall be subject binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any Proceeding (or any proceeding commenced under Section 7 hereof) direct or indirect successor by reason purchase, merger, consolidation or otherwise to all or substantially all of Indemnitee's Corporate Status, whether the business or not he is acting or serving in any such capacity at assets of the time any liability or expense is incurred for which indemnification can be provided under this Agreement. Company), assigns, spouses, heirs, executors and personal and legal representatives. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during until the period Indemnitee date that is an officer six (6) years after the date upon which Indemnitee's Corporate Status terminates, or director longer should any applicable statute of the Company (or is or was serving at the request of the Company as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise) limitation be tolled, and shall continue th...ereafter so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's his Corporate Status, whether or not he is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during until the period Indemnitee date that is an officer or director of six (6) years after the Company (or is or was serving at the request of the Company as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise) date upon which Indemnitee's Corporate Status terminates and shall continue thereafter so long as Indemnitee shall be subject to any Proceedin...g (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's his Corporate Status, whether or not he is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. 10 11. SECURITY. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during until the period Indemnitee date that is an officer or director of six (6) years after the Company (or is or was serving at the request of the Company as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise) date upon which Indemnitee's Corporate Status terminates and shall continue thereafter so long as Indemnitee shall be subject to any Proceedin...g (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's his or her Corporate Status, whether or not he or she is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable 10 by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as until and terminate upon the later of: (a) ten (10) years after the date that Indemnitee shall be subject have ceased to serve a...s a director of the Company or (b) one (1) year after the final termination of any Proceeding (or any proceeding commenced under Section 7 hereof) then pending in respect of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder. This Agreement shall be binding upon and inure to the benefit of and be enforceable by reason the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of Indemnitee's Corporate Status, whether the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. 10 11. Security. To the extent requested by Indemnitee and approved by the Board of Directors of the Company, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not he is acting be revoked or serving in any such capacity at released without the time any liability or expense is incurred for which indemnification can be provided under this Agreement. prior written consent of the Indemnitee. View More
Duration of Agreement. (a) All agreements and obligations of the Company contained herein shall continue during the period for so long as Indemnitee is may have any liability or potential liability by virtue of serving as an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any Proc...eeding (or any proceeding commenced under Section 7 8 hereof) by reason of Indemnitee's Corporate Status, whether or not he Indemnitee is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. (b) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is an officer or director executive of the Company (or is or was serving at the request of the Company as a director, officer, employee, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter for (i) an additional three (3) years or (ii) so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenc...ed under Section 7 hereof) of this Agreement) by reason of Indemnitee's his Corporate Status, whether or not he is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. Agreement, whichever such additional term is longer. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including, without limitation, any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. 9 11. Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is an officer or director of the Company (or is or was serving at the request of the Company as a director, officer, employee, employee or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as Indemnitee shall be subject to any Proceeding (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's Cor...porate Status, thereafter, whether or not he is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. 12 11. Security. To the extent requested by Indemnitee and approved by the Board, the Company may at any time and from time to time provide security to Indemnitee for the Company's obligations hereunder through an irrevocable bank line of credit, funded trust or other collateral. Any such security, once provided to Indemnitee, may not be revoked or released without the prior written consent of the Indemnitee. View More
Duration of Agreement. All agreements and obligations of the Company contained herein shall continue during until the period Indemnitee date that is an officer or director of ten (10) years after the Company (or is or was serving at the request of the Company as a director, officer, employee, or agent of another corporation, partnership, joint venture, trust or other enterprise) date upon which Indemnitee's Corporate Status terminates and shall continue thereafter so long as Indemnitee shall be subject to any Proceedi...ng (or any proceeding commenced under Section 7 hereof) by reason of Indemnitee's his or her Corporate Status, whether or not he or she is acting or serving in any such capacity at the time any liability or expense is incurred for which indemnification can be provided under this Agreement. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. View More