9. Enforcement. Any right to indemnification or advances granted by this Agreement to the Agent shall be enforceable by or on behalf of the Agent in any court of competent jurisdiction if (a) the claim for indemnification or advances is denied, in whole or in part, or (b) no disposition of such claim is made within ninety (90) days of request therefor. The Agent, in such enforcement action, if successful in whole or in part, shall be entitled to be paid also the expense of prosecuting his claim. It shall be a defence to any action for which a claim for indemnification is made under Part 3 hereof (other than an action brought to enforce a claim for expenses pursuant to Part 8 hereof; provided that the required undertaking has been tendered to HD Faculty™) that the Agent is not entitled to indemnification because of the limitations set forth in Part 4 hereof. Neither the failure of HD Faculty™ (including its Board or its stockholders) to have made a determination prior to the commencement of such enforcement action that indemnification of the Agent is proper in the circumstances, nor an actual determination by HD Faculty™ (including its Board or its stockholders) that such indemnification is improper shall be a defence to the action or create a presumption that the Agent is not entitled to indemnification under this Agreement or otherwise. 11. Non-Exclusivity. The rights conferred on the Agent by this Agreement shall not be exclusive of any other right which the Agent may have or hereafter acquire under any statute, provision of HD Faculty’s Certificate of Incorporation or Bylaws, agreement, vote of stockholders or directors, or otherwise, both as to action in his official capacity and as to action in another capacity while holding office.
13. Severability. Each of the provisions of this Agreement is a separate and distinct agreement and independent of the others, so that if any provision hereof shall be held to be invalid for any reason, such invalidity or unenforceability shall not affect the validity or enforceability of the other provisions hereof. Furthermore, if this Agreement shall be invalidated in its entirety on any ground, then HD Faculty™ shall nevertheless indemnify the Agent to the fullest extent provided by the Bylaws, the Act or any other applicable law. 14. Governing Law. This Agreement shall be interpreted and enforced in accordance with the laws of Malaysia. 15. Amendment. No amendment, modification, termination or cancellation of this Agreement shall be effective unless in writing signed by both parties hereto. 16. Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute but one and the same Agreement. Only one such counterpart need be produced to evidence the existence of this Agreement. 17. Headings. The headings of the various Parts of this Agreement are inserted merely for convenience only and shall not be deemed or construed to constitute part of this Agreement or to affect the construction hereof. |