IndemnificationAgreement补偿协议1112docWord文档格式.docx

1、IndemnificationAgreement补偿协议1112doc#Indemnification Agreement补偿协议 - #In consideration of the mutual promises made in this Agreement, and for other good and valuable consideration, receipt of which is hereby acknowledged, the Company and Indemnitee hereby agree as follows:# 1. INDEMNIFICATION. （a） TH

2、IRD PARTY PROCEEDINGS. The Company shall indemnify Indemnitee if Indemnitee is or was 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 the right of t

3、he Company） by reason of the fact that Indemnitee is or was a director, officer, employee or agent of the Company, or any subsidiary of the Company, by reason of any action or inaction on the part of Indemnitee while an officer or director or by reason of the fact that Indemnitee is or was serving a

4、t the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses （including attorneys fees）, judgments, fines and amounts paid in settlement （if such settlement is approved in advance by the Company

5、, which approval shall not be unreasonably withheld） actually and reasonably incurred by Indemnitee in connection with such action, suit or proceeding if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, w

6、ith respect to any criminal action or proceeding, had no reasonable cause to believe Indemnitees conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a pre

7、sumption that Indemnitee did not act in good faith and in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, or, with respect to any criminal action or proceeding, that Indemnitee had reasonable cause to believe that Indemnitees conduct was un

8、lawful. （b） PROCEEDINGS BY OR IN THE RIGHT OF THE COMPANY. The Company shall indemnify Indemnitee if Indemnitee was or is a party or is threatened to be made a party to any threatened, pending or completed action or proceeding by or in the right of the Company or any subsidiary of the Company to pro

9、cure a judgment in its favor by reason of the fact that Indemnitee is or was a director, officer, employee or agent of the Company, or any subsidiary of the Company, by reason of any action or inaction on the part of Indemnitee while an officer or director or by reason of the fact that Indemnitee is

10、 or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses （including attorneys fees） and, to the fullest extent permitted by law, amounts paid in settlement （if such settleme

11、nt is approved in advance by the Company, which approval shall not be unreasonably withheld）, in each case to the extent actually and reasonably incurred by Indemnitee in connection with the defense or settlement of such action or suit if Indemnitee acted in good faith and in a manner Indemnitee rea

12、sonably believed to be in or not opposed to the best interests of the Company and its stockholders, except that no indemnification shall be made in respect of any claim, issue or matter as to which Indemnitee shall have been finally adjudicated by court order or judgment to be liable to the Company

13、in the performance of Indemnitees duty to the Company and its stockholders unless and only to the extent that the court in which such action or proceeding is or was pending shall determine upon application that, in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitl

14、ed to indemnity for such expenses which such court shall deem proper. （c） MANDATORY PAYMENT OF EXPENSES. To the extent that Indemnitee has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in Section 1（a） or Section 1（b） or the defense of any claim,

15、issue or matter therein, Indemnitee shall be indemnified against expenses （including attorneys fees） actually and reasonably incurred by Indemnitee in connection therewith. 2. NO EMPLOYMENT RIGHTS. Nothing contained in this Agreement is intended to create in Indemnitee any right to continued employm

16、ent. 3. EXPENSES;# INDEMNIFICATION PROCEDURE. （a） ADVANCEMENT OF EXPENSES. The Company shall advance all expenses incurred by Indemnitee in connection with the investigation, defense, settlement or appeal of any civil or criminal action, suit or proceeding referred to in Section l（a） or Section 1（b）

17、 hereof （including amounts actually paid in settlement of any such action, suit or proceeding）. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorize

18、d hereby. Any advances to be made under this Agreement shall be paid by the Company to Indemnitee within twenty （20） days following delivery of a written request therefor by Indemnitee to the Company. （b） NOTICE/COOPERATION BY INDEMNITEE. Indemnitee shall, as a condition precedent to his or her righ

19、t to be indemnified under this Agreement, give the Company notice in writing as soon as practicable of any claim made against Indemnitee for which indemnification will or could be sought under this Agreement. Notice to the Company shall be directed to the Chief Executive Officer of the Company and s

20、hall be given in accordance with the provisions of Section 12（d） below. In addition, Indemnitee shall give the Company such information and cooperation as it may reasonably require and as shall be within Indemnitees power. （c） PROCEDURE. Any indemnification and advances provided for in Section 1 and

21、 this Section 3 shall be made no later than twenty （20） days after receipt of the written request of Indemnitee. If a claim under this Agreement, under any statute, or under any provision of the Companys Certificate of Incorporation or Bylaws providing for indemnification, is not paid in full by the

22、 Company within twenty （20） days after a written request for payment thereof has first been received by the Company, Indemnitee may, but need not, at any time thereafter bring an action against the Company to recover the unpaid amount of the claim and, subject to Section 11 of this Agreement, Indemn

23、itee shall also be entitled to be paid for the expenses （including attorneys fees） of bringing such action. It shall be a defense to any such action （other than an action brought to enforce a claim for expenses incurred in connection with any action, suit or proceeding in advance of its final dispos

24、ition） that Indemnitee has not met the standards of conduct which make it permissible under applicable law for the Company to indemnify Indemnitee for the amount claimed, but the burden of proving such defense shall be on the Company and Indemnitee shall be entitled to receive interim payments of ex

25、penses pursuant to Section 3（a） unless and until such defense may be finally adjudicated by court order or judgment from which no further right of appeal exists. It is the parties intention that if the Company contests Indemnitees right to indemnification, the question of Indemnitees right to indemn

26、ification shall be for the court to decide, and neither the failure of the Company （including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its stockholders） to have made a determination that indemnification of Indemnitee is proper in the

27、circumstances because Indemnitee has met the applicable standard of conduct required by applicable law, nor an actual determination by the Company （including its Board of Directors, any committee or subgroup of the Board of Directors, independent legal counsel, or its stockholders） that Indemnitee h

28、as not met such applicable standard of conduct, shall create a presumption that Indemnitee has or has not met the applicable standard of conduct. （d） NOTICE TO INSURERS. If, at the time of the receipt of a notice of a claim pursuant to Section 3（b） hereof, the Company has director and officer liabil

29、ity insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of

30、 the Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies. （e） SELECTION OF COUNSEL. In the event the Company shall be obligated under Section 3（a） hereof to pay the expenses of any proceeding against Indemnitee, the Company, if appropriate, sh

31、all be entitled to assume the defense of such proceeding, with counsel approved by Indemnitee, upon the delivery to Indemnitee of written notice of its election so to do. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Compa

32、ny will not be liable to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the same proceeding, provided that （i） Indemnitee shall have the right to employ counsel in any such proceeding at Indemnitees expense;# and （ii） if （A） the employment

33、 of counsel by Indemnitee has been previously authorized by the Company, （B） Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and Indemnitee in the conduct of any such defense or （C） the Company shall not, in fact, have employed counsel to assume the defense of such proceeding, then the fees and expenses of Indemnitees