Choice of Counsel. If Indemnitee is not an officer of the Corporation, he, together with the other directors who are not officers of the Corporation and are seeking indemnification (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers of the Corporation. The principal counsel for Outside Directors (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnification, and the Principal Counsel for the Indemnitees who are not Outside Directors (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that Principal Counsel or Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Appears in 17 contracts
Samples: Indemnification Agreement (Targa Resources Corp.), Indemnification Agreement (Targa Resources Corp.), Indemnification Agreement (Targa Resources Partners LP)
Choice of Counsel. If Indemnitee is a director but not an officer of the CorporationMLP or the Company, he, together with the other directors who are not officers of the Corporation MLP or the Company and are seeking indemnification (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers of the CorporationMLP or the Company. The principal counsel for Outside Directors (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnification, and the Principal Counsel for the Indemnitees who are not Outside Directors (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation MLP or the Company (not to be unreasonably withheld or delayed). The obligation of the Corporation MLP and the Company to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that Principal Counsel or Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Appears in 6 contracts
Samples: Indemnification Agreement (Targa Resources Partners LP), Indemnification Agreement (Targa Resources Partners LP), Indemnification Agreement (Targa Resources Partners LP)
Choice of Counsel. If Indemnitee is not an officer of the Corporationany Company, he, together with the other directors of the General Partner who are not officers of the Corporation and are seeking indemnification any Company (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers of the Corporationeither Company. The principal counsel for Outside Directors (the “Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnificationDirectors, and the Principal Counsel principal counsel for the Indemnitees who are not Outside Directors (the “Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation General Partner (not to be unreasonably withheld or delayed). The obligation of the Corporation Companies to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than the Principal Counsel or the Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that the Principal Counsel or the Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Appears in 2 contracts
Samples: Indemnification Agreement (Northern Tier Energy LP), Indemnification Agreement (Western Refining Logistics, LP)
Choice of Counsel. If Indemnitee is not an officer of the Corporation, he, together with the other directors who are not officers of the Corporation and are seeking indemnification (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers of the Corporation. The principal counsel for Outside Directors (the “Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnificationDirectors, and the Principal Counsel principal counsel for the Indemnitees who are not Outside Directors (the “Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than the Principal Counsel or the Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that the Principal Counsel or the Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Appears in 2 contracts
Samples: Indemnification Agreement (Western Refining, Inc.), Indemnification Agreement (Western Refining, Inc.)
Choice of Counsel. If Indemnitee is not an officer officer, employee, or agent of the Corporation, heIndemnitee, together with the other directors or Advisory Members who are not officers Officers, employees, or agents of the Corporation and are seeking indemnification (the “Outside DirectorsIndemnitees”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers Officers, employees, or agents of the Corporation. The principal counsel for Outside Directors Indemnitees (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnificationIndemnitees, and the Principal Counsel counsel for the Indemnitees who are not Outside Directors Indemnitees (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless unless, in the opinion of other counsel for Indemnitee, concurred in by Principal Counsel or Separate Counsel, as the case may be, Indemnitee has interests that are different from those of the other Indemnitees or may have defenses available to him Indemnitee that are in addition to or different from those of the other Indemnitees such that there is a substantial possibility that Principal Counsel or Separate Counsel, as the case may be, would will have an actual or potential a conflict of interest in representing Indemnitee.
Appears in 1 contract
Samples: Indemnification Agreement (Continental Resources, Inc)
Choice of Counsel. If Indemnitee is a director but not an officer of the CorporationMLP or the Company, he, together with the other directors who are not officers of the Corporation MLP or the Company and are seeking indemnification (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers of the CorporationMLP or the Company. The principal counsel for Outside Directors (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnification, and the Principal Counsel for the Indemnitees who are not Outside Directors (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation MLP and the Company to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless Indemnitee has interests that are different from those of the other Indemnitees or defenses available to him that are in addition to or different from those of the other Indemnitees such that Principal Counsel or Separate Counsel, as the case may be, would have an actual or potential conflict of interest in representing Indemnitee.
Appears in 1 contract
Samples: Indemnification Agreement (SemGroup Energy Partners, L.P.)
Choice of Counsel. If Indemnitee is not an officer officer, employee, or agent of the Corporation, heIndemnitee, together with the other directors who are not officers officers, employees, or agents of the Corporation and are seeking indemnification (the “Outside Directors”), shall be entitled to employ, and be reimbursed for the fees and disbursements of, a single counsel separate from that chosen by Indemnitees who are officers officers, employees, or agents of the Corporation. The principal counsel for Outside Directors (“Principal Counsel”) shall be determined by majority vote of the Outside Directors who are seeking indemnificationDirectors, and the Principal Counsel counsel for the Indemnitees who are not Outside Directors (“Separate Counsel”) shall be determined by majority vote of such Indemnitees, in each case subject to the consent of the Corporation (not to be unreasonably withheld or delayed). The obligation of the Corporation to reimburse Indemnitee for the fees and disbursements of counsel hereunder shall not extend to the fees and disbursements of any counsel employed by Indemnitee other than Principal Counsel or Separate Counsel, as the case may be, unless unless, in the opinion of other counsel for Indemnitee, concurred in by Principal Counsel or Separate Counsel, as the case may be, Indemnitee has interests that are different from those of the other Indemnitees or may have defenses available to him Indemnitee that are in addition to or different from those of the other Indemnitees such that there is a substantial possibility that Principal Counsel or Separate Counsel, as the case may be, would will have an actual or potential a conflict of interest in representing Indemnitee.
Appears in 1 contract
Samples: Indemnification Agreement (Continental Resources, Inc)