Security Clause Example from Business Contracts

This example Security clause appears in 10 contracts from 9 companies

Security. To the extent requested by Indemnitee and approved by the Board of Directors of the Company, 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.
PJT Partners Inc. Contracts

INDEMNIFICATION AGREEMENT (Filed With SEC on February 28, 2017)