Common use of Assumption of Liability by the Company Clause in Contracts

Assumption of Liability by the Company. If Indemnitee is deceased and is entitled to indemnification under any provision of this Agreement, the Company shall indemnify Indemnitee’s estate and his or her spouse, heirs, administrators and executors against and the Company shall, and does hereby agree, to assume any and all expenses (including attorneys’ fees), penalties and fines actually and reasonably incurred by or for Indemnitee or his or her estate, in connection with the investigation, defense, settlement or appeal of any such action, suit or proceeding. Further, when requested in writing by the spouse of Indemnitee, and/or the heirs, executors or administrators of Indemnitee’s estate, the Company shall provide appropriate evidence of the Company’s agreement set out herein, to indemnify Indemnitee against, and to itself assume, such costs, liabilities and expenses.

Appears in 3 contracts

Samples: Agreement (Jacobs Engineering Group Inc /De/), Form of Indemnification Agreement (Jacobs Engineering Group Inc /De/), Indemnification Agreement (Jacobs Engineering Group Inc /De/)

AutoNDA by SimpleDocs

Assumption of Liability by the Company. If Indemnitee is deceased and is entitled to indemnification under any provision of this Agreement, the Company shall indemnify Indemnitee’s estate and his or her spouse, heirs, administrators and executors against against, and the Company shall, and does hereby agreeagree to assume, to assume any and all expenses (including attorneys’ fees)Expenses, penalties and fines actually and reasonably incurred by or for Indemnitee or his or her estate, in connection with the investigation, defense, settlement or appeal of any such action, suit or proceeding. Further, when requested in writing by the spouse of Indemnitee, and/or the heirs, executors or and administrators of Indemnitee’s estate, the Company shall provide appropriate evidence of the Company’s agreement set out herein, to indemnify Indemnitee against, and to itself assume, such costs, liabilities and expensesExpenses.

Appears in 3 contracts

Samples: Indemnification Agreement (WCI Communities, Inc.), Corporation Indemnification Agreement (Northwest Airlines Corp), Indemnification Agreement (Wci Communities Inc)

Assumption of Liability by the Company. If Indemnitee is deceased and is entitled to indemnification under any provision of this Agreement, the Company shall indemnify Indemnitee’s estate and his or her spouse, heirs, administrators and executors against against, and the Company shall, and does hereby agree, to assume any and all expenses (including attorneys’ fees), penalties and fines actually and reasonably Losses incurred by or for Indemnitee or of his or her estate, estate in connection with the investigation, defense, settlement or appeal of any such action, suit or proceedingProceeding. Further, when requested in writing by the spouse of Indemnitee, Indemnitee and/or the heirs, executors or administrators of Indemnitee’s estate, the Company shall provide appropriate evidence of the Company’s agreement Agreement set out herein, to indemnify Indemnitee against, against and to itself assume, assume such costs, liabilities and expensesLosses.

Appears in 1 contract

Samples: Indemnification Agreement (Standard Pacific Corp /De/)

AutoNDA by SimpleDocs

Assumption of Liability by the Company. If Indemnitee is deceased and is entitled to indemnification or contribution under any provision of this Agreementagreement, the Company shall indemnify indemnify, or contribute to, Indemnitee’s estate and his or his/her spouse, heirs, administrators and executors against executors, and the Company shall, and does hereby agree, agree to assume any and all expenses (including attorneys’ fees), penalties and fines actually and reasonably incurred by or for Indemnitee or his or his/her estate, in connection with the investigation, defense, settlement or appeal of any such action, suit or proceeding. FurtherFurthermore, when requested in writing by the spouse of Indemnitee, and/or or the heirs, executors executors, or administrators of Indemnitee’s estate, the Company shall provide appropriate evidence of the Company’s agreement set out herein, to indemnify Indemnitee against, against and to itself assume, such assume costs, liabilities and expensesexpenses or to contribute thereto.

Appears in 1 contract

Samples: Indemnification Agreement (Baxalta Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.