Common use of Executive’s Legal Fees and Expenses Clause in Contracts

Executive’s Legal Fees and Expenses. ICE shall have no obligation under the terms of this Employment Agreement to reimburse Executive for any of Executive’s legal fees and expenses for any claims under this Employment Agreement that are unrelated to a Change in Control. ICE shall reimburse Executive for Executive’s reasonable legal fees and expenses incurred in connection with any claim made with respect to Executive’s rights under Section 7(c); provided that such reimbursement shall be subject to recoupment by ICE if Executive’s claim is found to have been brought in bad faith.

Appears in 3 contracts

Samples: Employment Agreement (Intercontinental Exchange, Inc.), Employment Agreement (Intercontinental Exchange, Inc.), Employment Agreement (Intercontinental Exchange, Inc.)

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Executive’s Legal Fees and Expenses. ICE shall have no obligation under the terms of this Employment Agreement to reimburse Executive for any of Executive’s legal fees and expenses for any claims under this Employment Agreement that are unrelated to a Change in Control. ICE shall reimburse Executive for Executive’s reasonable legal fees and expenses incurred in connection with any claim made with respect to Executive’s rights under Section 7(c); provided provided, that such reimbursement shall be subject to recoupment by ICE if Executive’s claim is found to have been brought in bad faith.

Appears in 1 contract

Samples: Employment Agreement (Intercontinental Exchange, Inc.)

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