Security Clause Example from Business Contracts

This example Security clause appears in 18 contracts from 15 companies

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 under this Agreement 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.
Snap Inc Contracts

SNAP INC. INDEMNITY AGREEMENT (Filed With SEC on February 2, 2017)