Mutual Acknowledgment Clause Example with 25 Variations from Business Contracts

This page contains Mutual Acknowledgment 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.
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right u...nder public policy to indemnify Indemnitee. View More
Found in AMERICAN SHARED HOSPITAL SERVICES contract

Variations of a "Mutual Acknowledgment" Clause from Business Contracts

Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that For example, the Company has undertaken or may be required in the future to undertake with and Indemnitee acknowledge that the Securities and Exchange Commission to submit (the "SEC") has taken the questio...n of position that indemnification to a court in is not permissible for liabilities arising under certain circumstances federal securities laws, and federal legislation prohibits indemnification for a determination of the Company's right under public policy to indemnify Indemnitee. certain ERISA violations. View More
Found in Micron Technology contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that that, in certain instances, Federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the SEC has taken the position that indemnification is not permissible for liabilities arising under certain Federal securities laws, and Federal legislation prohibits indemnification for... certain violations of the 9 Employee Retirement Income Security Act of 1979, as amended. Indemnitee understands and acknowledges that the Company has undertaken undertaken, or may be required in the future to undertake undertake, with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. Indemnitee, and any right to indemnification hereunder shall be subject to, and conditioned upon, any such required court determination. View More
Found in Millendo Therapeutics, Inc. contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that that, in certain instances, Federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the SEC has taken the position that indemnification is not permissible for liabilities arising under certain Federal securities laws, and Federal legislation prohibits indemnification for... certain violations of the Employee Retirement Income Security Act of 1979, as amended. Indemnitee understands and acknowledges that the Company has undertaken undertaken, or may be required in the future to undertake undertake, with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. Indemnitee, and any right to indemnification hereunder shall be subject to, and conditioned upon, any such required court determination. View More
Found in 4 Contracts from 4 Companies
Mutual Acknowledgment. Both the The Company and each Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Each Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to (1) To delete if not applicable. 7 submit t...he question of indemnification to a court in certain circumstances for a determination determmat1on of the Company's right under public policy to indemnify Indemnitee. View More
Found in Axovant Sciences Ltd. contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers Indemnitee under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the Securities and Exchange Commission (the "SEC") has taken the position that indemnification is not permissible for liabilities arising under certain federal securities law...s, federal legislation prohibits indemnification for certain ERISA violations, and FDIC Regulations prohibit a "prohibited indemnification payment." Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. View More
Found in MainStreet Bancshares, Inc. contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that that, in certain instances, Federal federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the SEC has taken the position that indemnification by the Company is not permissible for liabilities arising under certain federal securities laws, and that federal legislation p...rohibits indemnification for certain ERISA violations. Indemnitee understands and acknowledges that the Company has undertaken undertaken, or may be required in the future to undertake undertake, with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. Indemnitee, and that any right to indemnification hereunder shall be subject to, and conditioned upon, any such required court determination. View More
Found in Information Services Group Inc. contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the SEC has taken the position that indemnification is not permissible for liabilities arising under certain federal securities laws, and federal legislation prohibits indemnification f...or certain violations of the Employee Retirement Income Security Act of 1974, or ERISA. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. View More
Found in Alliance Data Systems contract
Mutual Acknowledgment. Both the The Company and each Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Each Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a... court in certain circumstances for a determination determmat1on of the Company's right under public policy to indemnify Indemnitee. 1 To delete if not applicable. View More
Found in Myovant Sciences Ltd. contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal instances federal law or applicable public policy may override applicable state law and prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. For example, the Company and Indemnitee acknowledge that the U.S. Securities and Exchange Commission (the "SEC") has taken the position that indemnification is not permissible for liabilities arising under certain federal securities... laws, and federal legislation prohibits indemnification for certain ERISA violations. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. View More
Found in CTI BIOPHARMA CORP contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal federal law or applicable public policy may prohibit the 6 Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the appropriate state or federal regulatory agency to submit for approval any request for indemnification, and has undertaken or may be required in the... future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. View More
Found in PLx Pharma Inc. contract