Common use of Directors and Officers Insurance; Indemnification Clause in Contracts

Directors and Officers Insurance; Indemnification. (a) The Company will indemnify the Executive, to the fullest extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by the Executive, including the cost and expenses of legal counsel, in connection with any action, suit or proceeding to which the Executive may be made a party by reason of the Executive being or having been an officer, director, or employee of the Company or any of its subsidiaries or affiliates.

Appears in 3 contracts

Samples: Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.)

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Directors and Officers Insurance; Indemnification. (a) The Company will shall indemnify the Executive, to the fullest extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by the Executive, including the cost and expenses of legal counsel, in connection with any action, suit or proceeding to which the Executive may be made a party by reason of the Executive being or having been an officer, director, or employee of the Company or any of its subsidiaries or affiliates.

Appears in 2 contracts

Samples: Employment Agreement (Freescale Semiconductor Inc), Employment Agreement (Freescale Semiconductor Inc)

Directors and Officers Insurance; Indemnification. (a) The Company will shall indemnify the Executive, to the fullest extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by the Executive, including the cost and expenses of legal counsel, in connection with any action, suit or proceeding to which the Executive may be made a party by reason of the Executive being or having been an officer, director, or employee of the Company or Parent or any of its subsidiaries or affiliates.

Appears in 1 contract

Samples: Employment Agreement (Eagle Bulk Shipping Inc.)

Directors and Officers Insurance; Indemnification. (a) The Company will shall indemnify the Executive, to the fullest extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by the Executive, including the cost and expenses of legal counsel, in connection with any action, suit or proceeding to which the Executive may be made a party (i) by reason of the Executive being or having been an officer, director, or employee of the Company or any of its subsidiaries or affiliatesaffiliates or (ii) by reason of Executive being or having been the Management Representative under the Investors Agreement.

Appears in 1 contract

Samples: Agreement (Freescale Semiconductor Holdings I, Ltd.)

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Directors and Officers Insurance; Indemnification. (a) The Company will shall indemnify the Executive, to the fullest extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by the Executive, including the cost and expenses of legal counsel, in connection with any action, suit or proceeding to which the Executive may be made a party by reason of the Executive being or having been an officer, director, or employee of the Company or any member of its subsidiaries or affiliatesthe Affiliated Group.

Appears in 1 contract

Samples: Agreement (Freescale Semiconductor, Ltd.)

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