Defend actions. The Trust Company is under no obligation to prosecute or defend any action or suit in respect of the relationship which, in the opinion of its legal counsel, may involve it in expense or liability, but will do so at the request of the Company provided that the Company furnishes it with an indemnity satisfactory to the Trust Company against such expenses or liability.
Appears in 4 contracts
Samples: Transfer Agent Agreement (K Tronik International Corp), Transfer Agent Agreement (K Tronik International Corp), Transfer Agent Agreement (K Tronik International Corp)
