Document ID: 13576

Text:
4.03 Proceedings by or in the Right of the Company. Indemnitee shall be entitled to the rights of indemnification provided in this Section4.03 if, by reason of Indemnitees Corporate Status, Indemnitee was or is, or is threatened to be made, a party to or is otherwise involved in any Proceeding brought by or in the right of the Company to procure a judgment in its favor. Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitees behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in Good Faith. Notwithstanding the foregoing, no such indemnification shall be made in respect of any claim, issue or matter in such Proceeding as to which Indemnitee shall have been adjudged to be liable to the Company unless and only to the extent that the Court of Chancery of the State of Delaware or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such Expenses which the Court of Chancery of the State of Delaware or such other court shall deem proper.

Named Entities:
158
165
Court

Tokenized Text:
4
.
03
Proceedings
by
or
in
the
Right
of
the
Company
.
Indemnitee
shall
be
entitled
to
the
rights
of
indemnification
provided
in
this
Section4
.
03
if
,
by
reason
of
Indemnitees
Corporate
Status
,
Indemnitee
was
or
is
,
or
is
threatened
to
be
made
,
a
party
to
or
is
otherwise
involved
in
any
Proceeding
brought
by
or
in
the
right
of
the
Company
to
procure
a
judgment
in
its
favor
.
Indemnitee
shall
be
indemnified
against
all
Expenses
actually
and
reasonably
incurred
by
Indemnitee
or
on
Indemnitees
behalf
in
connection
with
such
Proceeding
or
any
claim
,
issue
or
matter
therein
,
if
Indemnitee
acted
in
Good
Faith
.
Notwithstanding
the
foregoing
,
no
such
indemnification
shall
be
made
in
respect
of
any
claim
,
issue
or
matter
in
such
Proceeding
as
to
which
Indemnitee
shall
have
been
adjudged
to
be
liable
to
the
Company
unless
and
only
to
the
extent
that
the
Court
of
Chancery
of
the
State
of
Delaware
or
the
court
in
which
such
action
or
suit
was
brought
shall
determine
upon
application
that
,
despite
the
adjudication
of
liability
but
in
view
of
all
the
circumstances
of
the
case
,
such
person
is
fairly
and
reasonably
entitled
to
indemnity
for
such
Expenses
which
the
Court
of
Chancery
of
the
State
of
Delaware
or
such
other
court
shall
deem
proper
.