Claims by Third Parties. Subject to Clauses 2.2, 2.5 and 2.6, the Company undertakes to indemnify the Director against any liability suffered or incurred by the Director on or after the Effective Date: (A) in respect of the Director’s acts or omissions (whether on or after the Effective Date) while, or in the course of acting as, a director or employee of the Company or a director or employee of any Subsidiary; and/or (B) which otherwise arise by virtue of the Director holding or having held such office; in each case, to the extent arising out of or in connection with, directly or indirectly, any claim, action or proceedings brought against the Director or any other person by or on behalf of any third party (not being the Company or an Associated Company) in any jurisdiction in respect of any alleged loss, liability or damage actually or allegedly suffered by any third party, the Company or an Associated Company.
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Samples: Executive Employment Agreement (Shire PLC), Executive Employment Agreement (Shire PLC)
Claims by Third Parties. Subject to Clauses 2.2, 2.5 2.2 and 2.62.3, the Company undertakes to indemnify the Director against any liability suffered or incurred by the Director on or after the Effective Datedate of this Deed:
(A) in respect of the Director’s acts or omissions (whether before, on or after the Effective Datedate of this Deed) while, or in the course of acting as, a director or employee of the Company or a director or employee of any SubsidiarySubsidiary Undertaking; and/or
(B) which otherwise arise by virtue of the Director holding or having held such office; in each case, to the extent arising out of or in connection with, directly or indirectly, any claim, action or proceedings brought against the Director or any other person by or on behalf of any third party (not being the Company or an Associated Company) in any jurisdiction in respect of any alleged loss, liability or damage actually or allegedly suffered by any third party, the Company or an Associated Company.
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Claims by Third Parties. Subject to Clauses 2.2, 2.5 and 2.6, the Company undertakes to indemnify the Director against any liability suffered or incurred by the Director on or after the Effective Date:
: (A) in respect of the Director’s acts or omissions (whether on or after the Effective Date) while, or in the course of acting as, a director or employee of the Company or a director or employee of any Subsidiary; and/or
and/or (B) which otherwise arise by virtue of the Director holding or having held such office; in each case, to the extent arising out of or in connection with, directly or indirectly, any claim, action or proceedings brought against the Director or any other person by or on behalf of any third party (not being the Company or an Associated Company) in any jurisdiction in respect of any alleged loss, liability or damage actually or allegedly suffered by any third party, the Company or an Associated Company.
Appears in 1 contract
Samples: Executive Employment Agreement
Claims by Third Parties. Subject to Clauses 2.2, 2.5 and 2.6, the Company undertakes to indemnify the Director against any liability suffered or incurred by the Director on or after the Effective Datedate of this Agreement:
(A) in respect of the Director’s acts or omissions (whether before, on or after the Effective Datedate of this Agreement) while, or in the course of acting as, a director or employee of the Company or a director or employee of any Subsidiary; and/or
(B) which otherwise arise by virtue of the Director holding or having held such office; in each case, to the extent arising out of or in connection with, directly or indirectly, any claim, action or proceedings brought against the Director or any other person by or on behalf of any third party (not being the Company or an Associated Company) in any jurisdiction in respect of any alleged loss, liability or damage actually or allegedly suffered by any third party, the Company or an Associated Company.
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