Common use of Indemnification by Executive Clause in Contracts

Indemnification by Executive. Executive shall indemnify Employer for any and all damages, costs and expenses resulting from any material harm to Employer, its business, assets or employees through an act of dishonesty, material conflict of interest, gross misconduct or willful malfeasance by Executive. Executive also shall indemnify Employer for any and all damages, costs and expenses resulting from Executive's acts of omission constituting reckless disregard of Executive's duties to Employer following notice thereof by Employer after it becomes aware of such conduct and Executive's failure to so cure within thirty (30) days.

Appears in 15 contracts

Samples: Employment Agreement (Prime Group Realty Trust), Employment Agreement (Prime Group Realty Trust), Employment Agreement (Prime Group Realty Trust)

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Indemnification by Executive. Executive shall indemnify Employer for ---------------------------- any and all damages, costs and expenses resulting from any material harm to Employer, its business, assets or employees through an act of dishonesty, material conflict of interest, gross misconduct or willful malfeasance by Executive. Executive also shall indemnify Employer for any and all damages, costs and expenses resulting from Executive's acts of omission constituting reckless disregard of Executive's duties to Employer following notice thereof by Employer after it becomes aware of such conduct and Executive's failure to so cure within thirty (30) days.

Appears in 4 contracts

Samples: Employment Agreement (Prime Group Realty Trust), Employment Agreement (Prime Group Realty Trust), Employment Agreement (Prime Group Realty Trust)

Indemnification by Executive. Executive shall indemnify Employer for any and all damages, costs and expenses resulting from any material harm to Employer, its business, assets or employees through an act of dishonesty, material conflict of interest, gross misconduct or willful malfeasance by Executive. Executive also shall indemnify Employer for any and all damages, costs and expenses resulting from Executive's ’s acts of omission constituting reckless disregard of Executive's ’s duties to Employer following notice thereof by Employer after it becomes aware of such conduct and Executive's ’s failure to so cure within thirty (30) days.

Appears in 2 contracts

Samples: Employment Agreement (Prime Group Realty Trust), Employment Agreement (Prime Group Realty Trust)

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Indemnification by Executive. Executive shall indemnify Employer for any and all damages, costs and expenses resulting from any material harm to Employer, its business, assets or employees through an act of dishonesty, material conflict of interest, gross misconduct or willful malfeasance by Executive. Executive also shall indemnify Employer for any and all damages, costs and expenses resulting from Executive's acts of omission constituting willful or reckless disregard of Executive's duties to Employer following notice thereof by Employer after it becomes aware of such conduct and Executive's failure to so cure within thirty (30) days.

Appears in 1 contract

Samples: Employment Agreement (Prime Group Realty Trust)

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