Corporation Definition Example

Corporation. Shall include any constituent corporation, including any constituent of a constituent, absorbed in a consolidation or merger that, if its separate existence continued, would have had power and authority to indemnify its directors, so that any person who is or was a director of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise,... shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as such person would have with respect to such constituent corporation if its separate existence had continued. View More