Corporate Status Definition Example

Corporate Status. Means the fact that a person is or was a director or officer of the Company or is or was serving at the request of the Company as a director, trustee, officer, employee, agent, fiduciary, partner, member or manager of another corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise. A Proceeding shall be deemed to have been brought by reason of a person's "Corporate Status" if it is brought because of the status described in the... preceding sentence or because of any action or inaction on the part of such person in connection with such status. View More