Common use of Indemnification for Expenses Incurred in Enforcing Rights Clause in Contracts

Indemnification for Expenses Incurred in Enforcing Rights. The Company shall indemnify the Executive against any and all Expenses to the fullest extent permitted by law and, if requested by the Executive pursuant to the procedures set forth in Section 2(c), shall advance such Expenses to the Executive, that are incurred by the Executive in connection with any claim asserted against or action brought by the Executive for (i) enforcement of this Annex A; (ii) indemnification of Indemnifiable Costs or Expense Advances by the Company under this Agreement or any other agreement or under applicable law or the Company’s certificate of incorporation or by-laws now or hereafter in effect relating to indemnification for Indemnifiable Events; and (iii) recovery under directors’ and officers’ liability insurance policies maintained by the Company.

Indemnification for Expenses Incurred in Enforcing Rights. The Except to the extent prohibited by Section 14 hereof or any applicable Banking Regulations in a Bank Proceeding, the Company shall indemnify the Executive Indemnitee against any and all Expenses to the fullest extent permitted by law and, if requested by the Executive pursuant to the procedures set forth in Section 2(c)Indemnitee, shall advance such Expenses to Indemnitee on such terms and conditions as the ExecutiveBoard deems appropriate, that are incurred by the Executive Indemnitee in connection with any claim asserted against or action brought by the Executive for (i) Indemnitee for: enforcement of this Annex AAgreement; (ii) indemnification of Indemnifiable Costs Expenses or Expense Advances by the Company under this Agreement or any other agreement or under applicable law or the Company’s 's certificate of incorporation or by-laws or a Subsidiary's constituent documents now or hereafter in effect relating to indemnification for Indemnifiable Events; and (iii) and/or recovery under directors’ ' and officers’ ' liability insurance policies maintained by the Company.