Common use of EXECUTIVE'S EXPENSES Clause in Contracts

EXECUTIVE'S EXPENSES. The Company shall pay or reimburse the Executive for all costs, including reasonable attorney's, accountants' and actuary's fees and expenses, incurred by the Executive (i) to confirm the Executive's rights to and amounts of payments hereunder, (ii) to contest or dispute any termination of the Executive's employment following a Change in Control or seek to obtain or enforce any right or benefit provided by this Agreement in litigation or arbitration, or (iii) in connection with any audit by a taxing authority related to any payment or benefit hereunder, or any subsequent contest or litigation relating to the tax treatment of such payment or benefit. Upon demand therefor, the Company shall advance to the Executive any amount as to which the Company shall advance to the Executive any amount as to which the Executive reasonably believes he or she will b entitled pursuant to this Section 11 for costs that the Executive has incurred or will incur during the ninety (90) days following such demand.

Appears in 5 contracts

Samples: Severance Protection Agreement (Span America Medical Systems Inc), Severance Protection Agreement (Span America Medical Systems Inc), Severance Protection Agreement (Span America Medical Systems Inc)

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EXECUTIVE'S EXPENSES. The Company shall pay or reimburse the Executive for all costs, including reasonable attorney's, accountants' and actuary's fees and expenses, incurred by the Executive (i) to confirm the Executive's rights to and amounts of payments hereunder, (ii) to contest or dispute any termination of the Executive's employment following a Change in Control or seek to obtain or enforce any right or benefit provided by this Agreement in litigation or arbitration, or (iii) in connection with any audit by a taxing authority related to any payment or benefit hereunder, or any subsequent contest or litigation relating to the tax treatment of such payment or benefit. Upon demand therefor, the Company shall advance to the Executive any amount as to which the Company shall advance to the Executive any amount as to which the Executive reasonably believes he or she will b be entitled pursuant to this Section 11 for costs that the Executive has incurred or will incur during the ninety (90) days following such demand.

Appears in 2 contracts

Samples: Severance Protection Agreement (Span America Medical Systems Inc), Severance Protection Agreement (Span America Medical Systems Inc)

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EXECUTIVE'S EXPENSES. The Company shall pay or reimburse the Executive for all costs, including reasonable attorney's’s, accountants' and actuary's ’s fees and expenses, incurred by the Executive (i) to confirm the Executive's ’s rights to and amounts of payments hereunder, (ii) to contest or dispute any termination of the Executive's ’s employment following a Change in Control or seek to obtain or enforce any right or benefit provided by this Agreement in litigation or arbitration, or (iii) in connection with any audit by a taxing authority related to any payment or benefit hereunder, or any subsequent contest or litigation relating to the tax treatment of such payment or benefit. Upon demand therefor, the Company shall advance to the Executive any amount as to which the Company shall advance to the Executive any amount as to which the Executive reasonably believes he or she will b entitled pursuant to this Section 11 for costs that the Executive has incurred or will incur during the ninety (90) days following such demand.

Appears in 1 contract

Samples: Severance Protection Agreement (Span America Medical Systems Inc)

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