Indemnification Clause Example from Business Contracts

This example Indemnification clause appears in 2 contracts from 2 companies

Indemnification. To the extent permitted by law, the Plan Administrator and all employees, officers, directors, agents and representatives of the Company shall be indemnified by the Company and held harmless against any claims and all associated expenses of defending against such claims, resulting from any action or conduct relating to the administration of this Plan, whether as a member of the Committee or otherwise, except to the extent that such claims arise from gross negligence, willful neglect, or willful ...misconduct. The Company shall advance all expenses for which a party is indemnified under this Section 17 to such indemnified party or shall arrange for direct payment of any such expenses by the Company. View More
Viela Bio, Inc. Contracts

Executive Severance Plan (Filed With SEC on August 29, 2019)