Common use of Indemnification by Employer Clause in Contracts

Indemnification by Employer. The Employer shall indemnify and save --------------------------- harmless the Trustee from and against any and all liability to which the Trustee may be subjected by reason of any act or conduct (except willful misconduct or negligence) in its capacity as Trustee, including all expenses reasonably incurred in its defense.

Appears in 2 contracts

Samples: Profit Sharing/401(k) Plan (Impac Group Inc /De/), Adoption Agreement (Technitrol Inc)

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Indemnification by Employer. The Employer shall indemnify and save --------------------------- hold harmless each of the Trustee from and Trustees against any and all claims, loss, damages, expense (including legal fees and other expenses of litigation) and liability arising from any action or failure to which act, except when the Trustee may same is judicially determined to be subjected by reason of any act due to the gross negligence or conduct (except willful misconduct or negligence) in its capacity as of such Trustee, including all expenses reasonably incurred in its defense.

Appears in 1 contract

Samples: Profit Sharing Plan and Trust (CRL Network Services Inc)

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Indemnification by Employer. The Employer shall indemnify and save --------------------------- harmless the Trustee from and against any and all liability to which the Trustee may be subjected by reason of any act or conduct (except willful misconduct or gross negligence) in its capacity as Trustee, including all expenses reasonably incurred in its defense.

Appears in 1 contract

Samples: Profit Sharing/401(k) Plan (Jaymark Inc)

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