such reporting requirement, except the completion of the Company’s
initial public offering shall not be considered a Change in Control.
Notwithstanding anything contained herein, a transaction shall not
constitute a “Change in Control” for the purposes of this definition if
(1) the Company becomes a direct or indirect wholly owned subsidiary of
a holding company and (2) the direct or indirect holders of the voting
stock of such holding company immediately following that transaction are
substantially the same as the holders of the Company’s voting stock
immediately prior to that transaction.
(c)“Corporate Status” describes the status of a person who is or was a director,
officer, partner, trustee, member, manager, employee, agent or fiduciary of the
Company or of any other Enterprise.
(d)“Disinterested Director” means a director of the Company who is not and was not
a party to the Proceeding in respect of which indemnification is sought by the
Indemnitee.
(e)“Enterprise” shall mean the Company and any corporation, partnership, joint
venture, trust, limited liability company, employee benefit plan or other enterprise
that the Indemnitee is or was serving at the request of the Company as a director,
officer, trustee, partner, member, manager, employee, agent or fiduciary.
(f)“Exchange Act” means the Securities Exchange Act of 1934, as amended.
(g)“Expenses” shall mean all reasonable direct and indirect costs, fees and expenses
of any type or nature whatsoever and shall specifically include, without limitation,
all reasonable attorneys’ fees, retainers, court costs, transcript costs, fees and costs
of experts and other professionals, witness fees, travel expenses, duplicating costs,
printing and binding costs, telephone charges, postage, delivery service fees and
all other disbursements or expenses of the types customarily incurred in
connection with prosecuting, defending, preparing to prosecute or defend,
investigating, participating, or being or preparing to be a witness in, or otherwise
participating in, a Proceeding, or responding to, or objecting to, a request to
provide discovery in any Proceeding. Expenses also shall include Expenses
incurred in connection with any appeal resulting from any Proceeding, including
without limitation the premium, security for, and other costs relating to any cost
bond, supersedeas bond, or other appeal bond or its equivalent, and any federal,
state, local or foreign taxes imposed on the Indemnitee as a result of the actual or
deemed receipt of any payments under this Agreement, as well as all reasonable
attorneys’ fees and all other expenses incurred by or on behalf of the Indemnitee
in connection with preparing and submitting any requests or statements for
indemnification, advancement, contribution or any other right provided by this
Agreement. Expenses, however, shall not include amounts paid in settlement by
the Indemnitee or the amount of judgments or fines against the Indemnitee.