Common use of INDEMNIFICATION; ARBITRATION Clause in Contracts

INDEMNIFICATION; ARBITRATION. (a) In the event that Employee is required to institute or join in any legal action or arbitration proceeding to obtain or enforce, or to defend the validity or enforceability of, any contemplated or actual payment of compensation or benefits under this Agreement, Employer will, if Employee prevails in such action or proceeding, pay all actual legal fees and expenses incurred by Employee.

Appears in 3 contracts

Samples: Employment Agreement (Spartech Corp), Employment Agreement (Spartech Corp), Employment Agreement (Spartech Corp)

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INDEMNIFICATION; ARBITRATION. (a) In the event that Employee is required to institute or join in any legal action or arbitration proceeding to obtain or enforce, or to defend the validity or enforceability of, any contemplated or actual payment of compensation or benefits under this Agreement, Employer will, if Employee substantially prevails in such action or proceeding, as determined by the arbitrator or court, pay all actual legal fees and expenses incurred by Employee.

Appears in 1 contract

Samples: Employment Agreement (Spartech Corp)

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