Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, ERISA excise and other taxes and penalties, and amounts paid or to be paid in settlement) which have been paid directly to such person or a third party on the covered person’s behalf by D&O Insurance.
Appears in 16 contracts
Samples: Employment Agreement, Employment Agreement (Cadence Design Systems Inc), Employment Agreement (Cadence Design Systems Inc)
Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, ERISA excise and other taxes and or penalties, and amounts paid or to be paid in settlement) which have been paid directly to such person or a third party on the covered person’s behalf by D&O Insurance.
Appears in 4 contracts
Samples: Employment Agreement (Cadence Design Systems Inc), Indemnity Agreement (Cadence Design Systems Inc), Indemnity Agreement (Tality Corp)
Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, attorneys' fees, ERISA excise and other taxes and or penalties, and amounts paid or to be paid in settlement) which have been paid directly to such person or a third party on the covered person’s behalf by D&O Insurance.
Appears in 2 contracts
Samples: Employment Separation and Release Agreement (Cadence Design Systems Inc), Employment Agreement (Cadence Design Systems Inc)
Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, . the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, attorneys’ fees, ERISA excise and other taxes and or penalties, and amounts paid or to be paid in settlement) which that have been paid directly to such person or a third party on the covered person’s behalf by D&O Insurance.
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Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, attorneys' fees, ERISA excise and other taxes and or penalties, and amounts paid or to be paid in settlement) which that have been paid directly to such person or a third party on the covered person’s behalf by D&O Insurance.
Appears in 1 contract
Exception for Amounts Covered by Insurance. Notwithstanding the foregoing, the Company shall not be obligated to indemnify a covered person for expenses or liabilities of any type whatsoever (including, but not limited to, attorneys’ fees, judgments, fines, forfeitures, ERISA excise and other taxes and or penalties, and amounts paid or to be paid in settlement) which have been paid directly to such person or a third party on the covered person’s behalf by D&O Insuranceinsurance.
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