Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Director Indemnification Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Director Indemnification Agreement

Entities:

Orbimage Inc

Date:

2007

Size:

Preview shows 5KB of 18KB total

Price:

$35

ID:

#3011419

 

 

► Legal ► Indemnification ► Director Indemnification Agreements

 

 

Start of Preview


DIRECTOR INDEMNIFICATION AGREEMENT
     This Indemnification Agreement, dated as of August 2, 2007 is made and entered into by and between GeoEye, Inc. (the ?Corporation?) Roberta E. Lenczowski (the ?Director?).
W I T N E S S E T H:
     WHEREAS, the Director has agreed to serve as a director of the Corporation; and
     WHEREAS, the Corporation wishes to indemnify the Director against certain liabilities and expenses that may be incurred in connection with the Director?s service on behalf of the Corporation;
     NOW THEREFORE, the parties hereto agree, subject to the terms and conditions hereof, as follows:
     1. Indemnification Agreement.
          a. Third Party Actions. The Corporation shall indemnify and hold harmless the Director in the event that the Director was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in right of the Corporation) by reason of the fact that the Director (A) is or was a director, officer, employee or agent of (i) the Corporation or (ii) any subsidiary of the Corporation or any corporation, partnership or other entity affiliated with the Corporation (each of the foregoing being hereinafter referred to as an ?Affiliate?) or (B) is or was serving at the request of the Corporation or any Affiliate as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise (including any employee benefit plan of the Corporation or any Affiliate) against expenses (including attorneys? fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by the Director in connection with such action, suit or proceeding if the Director acted in good faith and in a manner the Director reasonably believed to be in or not opposed to the best interests of the Corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe the Director?s conduct was unlawful; provided, however, that the foregoing shall not require the Corporation to indemnify or advance expenses to any person in connection with any action, suit, proceeding, claim or counterclaim initiated by or on behalf of such person.
          b. Actions By or In Right of the Corporation. The Corporation shall, to the full extent permitted by applicable law as then in effect, indemnify and hold harmless the Director in the event that the Director was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in right of the Corporation to procure a judgment in its favor by reason of the fact that the Director (A) is or was a director, officer, employee or agent of the Corporation or any Affiliate or (B) is or was serving at the request of the Corporation or any Affiliate as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise (including any employee benefit plan of the Corporation or any Affiliate) against expenses (including attorneys? fees) actually and reasonably incurred by the Director in connection with the defense or settlement of such action or suit if the Director acted in good faith and in a manner the Director reasonably believed to be in or not opposed to the best interests of the Corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which the Director shall have been adjudged to be liable to the Corporation unless and only to the extent that the court in which such action was brought shall determine that the Director is entitled to be indemnified.

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC