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 Arrow
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. 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 laws, and federal legi...slation 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 Arrow
Found in 7 Contracts from 7 Companies
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal 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 appropriate state or federal regulatory agency to submit for approval any request for indemnification, and has undertaken or may be required in the f...uture 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 Arrow
Found in 4 Contracts from 3 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 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. View More Arrow
Found in GLYCOMIMETICS INC contract
Mutual Acknowledgment. Both the Company and the 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 to 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. lndemnitee and, in that event, the Indemnitee's rights and the Company's obligations hereunder shall be subject to that determination. View More Arrow
Found in Surge Holdings, Inc. contract
Mutual Acknowledgment. Both the Company and the 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 to 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. Indemnitee and, in that event, the Indemnitee's rights and the Company's obligations hereunder shall be subject to that determination. View More Arrow
Found in AAC Holdings, Inc. contract
Mutual Acknowledgment. Both the Company and the 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 to 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. Indemnitee and, in that event, the Indemnitee's rights and the Company's obligations hereunder shall be subject to that determination. View More Arrow
Found in 14 Contracts from 10 Companies
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that in certain instances, Federal law federal law, federal regulations or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. otherwise, and in the event the Company is so prohibited from indemnifying its directors and officers under this Agreement or otherwise, the Company will not be required to indemnify Indemnitee under this Agreement. Indemnitee understands and acknowle...dges 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 under public policy to indemnify Indemnitee. View More Arrow
Found in RBB Bancorp contract
Mutual Acknowledgment. Both the Company and Indemnitee acknowledge that 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. 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 i...n certain circumstances for a determination of the Company's right ability under public policy to indemnify Indemnitee. View More Arrow
Found in STRATA Skin Sciences, Inc. contract
Mutual Acknowledgment. Both the Company and the Indemnitee acknowledge that in certain instances, Federal law the Law or applicable statute or public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. The 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 determinati...on of the Company's right under public policy to indemnify the Indemnitee. View More Arrow
Found in 2 Contracts from One Horizon Group, Inc.
Mutual Acknowledgment. Both the Company and 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. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to 7 undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in ce...rtain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee. View More Arrow
Found in Atara Biotherapeutics, Inc. contract