Indemnification and Liability Insurance. The Company hereby agrees during, and after termination of, her employment to indemnify the Executive and hold her harmless, both during the Term and thereafter, to the fullest extent permitted by law and under the certificate of incorporation and by-laws of the Company against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorneys’ fees), losses, amounts paid in settlement to the extent approved by the Company, and damages resulting from the Executive’s good faith performance of her duties as an officer or director of the Company or any Affiliate of the Company. The Company shall reimburse the Executive for expenses incurred by her in connection with any proceeding hereunder upon written request from the Executive for such reimbursement and the submission by the Executive of the appropriate documentation associated with these expenses. Such request shall include an undertaking by the Executive to repay the amount of such advance or reimbursement if it shall ultimately be determined that she is not entitled to be indemnified hereunder against such costs and expenses. The Company shall use commercially reasonable efforts to obtain and maintain directors’ and officers’ liability insurance covering the Executive to the same extent as the Company covers its other officers and directors.
Appears in 4 contracts
Samples: Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/)
Indemnification and Liability Insurance. The Company hereby agrees during, and after termination of, her his employment to indemnify the Executive and hold her him harmless, both during the Term and thereafter, to the fullest extent permitted by law and under the certificate of incorporation and by-laws of the Company against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorneys’ ' fees), losses, amounts paid in settlement to the extent approved by the Company, and damages resulting from the Executive’s 's good faith performance of her his duties as an officer or director of the Company or any Affiliate of the Company. The Company shall reimburse the Executive for expenses incurred by her him in connection with any proceeding hereunder upon written request from the Executive for such reimbursement and the submission by the Executive of the appropriate documentation associated with these expenses. Such request shall include an undertaking by the Executive to repay the amount of such advance or reimbursement if it shall ultimately be determined that she he is not entitled to be indemnified hereunder against such costs and expenses. The Company shall use commercially reasonable efforts to obtain and maintain directors’ ' and officers’ ' liability insurance covering the Executive to the same extent as the Company covers its other officers and directors.
Appears in 4 contracts
Samples: Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/)
Indemnification and Liability Insurance. The Company hereby agrees during, and after termination of, her his employment to indemnify the Executive and hold her him harmless, both during the Term and thereafter, to the fullest extent permitted by law and under the certificate of incorporation and by-laws of the Company against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorneys’ fees), losses, amounts paid in settlement to the extent approved by the Company, and damages resulting from the Executive’s good faith performance of her his duties as an officer or director of the Company or any Affiliate of the Company. The Company shall reimburse the Executive for expenses incurred by her him in connection with any proceeding hereunder upon written request from the Executive for such reimbursement and the submission by the Executive of the appropriate documentation associated with these expenses. Such request shall include an undertaking by the Executive to repay the amount of such advance or reimbursement if it shall ultimately be determined that she he is not entitled to be indemnified hereunder against such costs and expenses. The Company shall use commercially reasonable efforts to obtain and maintain directors’ and officers’ liability insurance covering the Executive to the same extent as the Company covers its other officers and directors.
Appears in 4 contracts
Samples: Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/), Employment Agreement (Warnaco Group Inc /De/)
Indemnification and Liability Insurance. The Company hereby agrees during, and after termination of, her his employment to indemnify the Executive and hold her him harmless, both during the Term and thereafter, to the fullest extent permitted by law and under the certificate of incorporation and by-laws of the Company against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorneys’ ' fees), losses, amounts paid in settlement to the extent approved by the Company, and damages resulting from the Executive’s 's good faith performance of her his duties as an officer or director of the Company or any Affiliate of the Companyaffiliate. The Company shall reimburse the Executive for expenses incurred by her him in connection with any proceeding hereunder upon written request from the Executive for such reimbursement and the submission by the Executive of the appropriate documentation associated with these expenses. Such request shall include an undertaking by the Executive to repay the amount of such advance or reimbursement if it shall ultimately be determined that she he is not entitled to be indemnified hereunder against such costs and expenses. The Company shall use commercially reasonable efforts to obtain and maintain directors’ ' and officers’ ' liability insurance covering the Executive to the same extent as the Company covers its other officers and directors.
Appears in 1 contract
Indemnification and Liability Insurance. The Company hereby agrees during, and after termination of, her of your employment to indemnify the Executive you and hold her you harmless, both during the Term and thereafter, to the fullest extent permitted by law and under the certificate of incorporation and by-laws of the Company against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including reasonable attorneys’ ' fees), losses, amounts paid in settlement to the extent approved by the Company, and damages resulting from the Executive’s your good faith performance of her your duties as an officer or director of the Company or any Affiliate of the Companyaffiliate. The Company shall reimburse the Executive you for expenses incurred by her you in connection with any proceeding hereunder upon written request from the Executive you for such reimbursement and the submission by the Executive you of the appropriate documentation associated with these expenses. Such request shall include an undertaking by the Executive you to repay the amount of such advance or reimbursement if it shall ultimately be determined that she is you are not entitled to be indemnified hereunder against such costs and expenses. The Company shall use commercially reasonable efforts to obtain and maintain directors’ ' and officers’ ' liability insurance covering the Executive you to the same extent as the Company covers its other officers and directors.
Appears in 1 contract
Samples: Employment Agreement (Creative Solutions With Art, Inc.)