Common use of Indemnification of Employee Clause in Contracts

Indemnification of Employee. Pursuant to the provisions and subject to the limitations of the California Corporations Code, and in particular Sections 204 and 317 therein, the Company will indemnify and hold Employee harmless as provided in Sections 16.1, 16.2 and 16.3 of this Agreement. The Company will, upon the request of Employee, assume the defense and directly bear all of the expense of any action or proceedings which may arise for which Employee is entitled to indemnification pursuant to this Section. The Company’s obligations to indemnify and hold Employee harmless as provided in Sections 16.1, 16.2 and 16.3 of this Agreement shall survive the termination of this Agreement and continue for a period of five years thereafter.

Indemnification of Employee. Pursuant to the provisions and subject to the limitations of the California Corporations Code, and in particular Sections 204 and 317 therein, the Company will indemnify and hold Employee harmless as provided in Sections 16.115.1, 16.2 15.2 and 16.3 15.3 of this Agreement. The Company will, upon the request of Employee, assume the defense and directly bear all of the expense of any action or proceedings which may arise for which Employee is entitled to indemnification pursuant to this Section. The Company’s obligations to indemnify and hold Employee harmless as provided in Sections 16.115.1, 16.2 15.2 and 16.3 15.3 of this Agreement shall survive the termination of this Agreement and continue for a period of five years thereafter.