Common use of Indemnification; Legal Fees Clause in Contracts

Indemnification; Legal Fees. Triarc will indemnify the employee, to the maximum extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by him in connection with any action, suit or proceeding to which he may be made a party by reason of his being an officer, director or employee of Triarc or of any subsidiary or affiliate of Triarc. Triarc shall pay directly the fees and expenses of counsel and other experts incurred in connection with the enforcement of this Agreement, as they may be incurred, provided that the Employee shall be required to reimburse Triarc for any amounts so paid unless at least one material matter in dispute is decided in favor of Employee.

Appears in 3 contracts

Samples: Employment Agreement (Triarc Companies Inc), Employment Agreement (Triarc Companies Inc), Employment Agreement (Triarc Companies Inc)

AutoNDA by SimpleDocs

Indemnification; Legal Fees. Triarc will indemnify the employeeyou, to the maximum extent permitted by applicable law, against all costs, charges and expenses incurred or sustained by him you in connection with any action, suit or proceeding to which he you may be made a party by reason of his your being an officer, director or employee of Triarc or of any subsidiary or affiliate of Triarc. Triarc shall pay directly the fees and expenses of counsel and other experts incurred in connection with the enforcement of this Agreement, as they may be incurred, provided that the Employee you shall be required to reimburse Triarc for any amounts so paid unless at least one material matter in dispute is decided in favor of Employeeyour favor.

Appears in 1 contract

Samples: Letter Agreement (Triarc Companies Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!