Eligible Proceeding

Example Definitions of "Eligible Proceeding"
Eligible Proceeding. A proceeding in which the Indemnitee or any of the heirs and personal or other legal representatives of the Indemnitee, by reason of the Indemnitee being or having been a director or officer of, or holding or having held a position equivalent to that of a director or officer of, the Company or an Associated Corporation: (i) is or may be joined as a party; or (ii) is or may be liable for or in respect of a judgment, penalty or fine in,... or expenses related to, the proceeding; View More Arrow
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