Common use of Indemnification; Liability Insurance Clause in Contracts

Indemnification; Liability Insurance. The Corporation and the Bank shall indemnify Executive, to the fullest extent permitted by Pennsylvania law, with respect to any threatened, pending or contemplated action, suit or proceeding brought against him by reason of the fact that he is or was a director, officer, employee or agent of the Corporation and the Bank or is or was serving at the written request of the Corporation as a director, officer, employee or agent of another person or entity. Executive’s right to indemnification provided herein is not exclusive of any other rights to which Executive may be entitled under any bylaw, agreement, vote of shareholders or otherwise, and shall continue beyond the term of this Agreement.

Indemnification; Liability Insurance. The Corporation and the Bank shall indemnify the Executive, to the fullest extent permitted by Pennsylvania law, with respect to any threatened, pending or contemplated action, suit or proceeding brought against him by reason of the fact that he is or was a director, officer, employee or agent of the Corporation and the Bank or is or was serving at the written request of the Corporation as a director, officer, employee or agent of another person or entity. The Executive’s right to indemnification provided herein is not exclusive of any other rights to which Executive may be entitled under any bylaw, agreement, vote of shareholders or otherwise, and shall continue beyond the term of this Agreement.

Indemnification; Liability Insurance. The Corporation and the Bank Employer shall indemnify Executive, to the fullest extent permitted by Pennsylvania law, with respect to any threatened, pending pending, or contemplated action, suit suit, or proceeding brought against him Executive by reason of the fact that he Executive is or was a director, officer, employee employee, or agent of the Corporation and the Bank Employer or is or was serving at the written request of the Corporation Employer as a director, officer, employee employee, or agent of another person or entity. Executive’s right to indemnification provided herein is not exclusive of any other rights to which Executive may be entitled under any bylaw, agreement, vote of shareholders shareholders, or otherwise, and shall continue beyond the term of this Agreement.

Indemnification; Liability Insurance. The Corporation and the Bank shall indemnify Executive, to the fullest extent permitted by Pennsylvania law, with respect to any threatened, pending pending, or contemplated action, suit suit, or proceeding brought against him Executive by reason of the fact that he Executive is or was a director, officer, employee employee, or agent of the Corporation and the Bank or is or was serving at the written request of the Corporation or the Bank as a director, officer, employee employee, or agent of another person or entity. Executive’s right to indemnification provided herein is not exclusive of any other rights to which Executive may be entitled under any bylaw, agreement, vote of shareholders shareholders, or otherwise, and shall continue beyond the term of this Agreement.