Security Clause Example from Business Contracts

This example Security clause appears in 3 contracts from 2 companies

Security. To the extent requested by Indemnitee and approved by the Board of Directors, 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 Indemnitee.
Found in CIM Commercial Trust Corp contract
PROCORE TECHNOLOGIES, INC. Contracts

Form of Indemnification Agreement between the Registrant and each of its directors and executive officers (Filed With SEC on February 28, 2020)

Form of Indemnification Agreement by and between the Registrant and each of its directors and executive officers (Filed With SEC on May 6, 2021)

CIM Commercial Trust Corp Contracts

FORM OF INDEMNIFICATION AGREEMENT (Filed With SEC on August 11, 2014)