Common use of Indemnification of Officers and Employees Clause in Contracts

Indemnification of Officers and Employees. The Company may, in its sole and absolute discretion, defend, indemnify and hold harmless the Officers, employees or agents of the Company against judgments, settlements, penalties, fines or expenses incurred because such person is or was an Officer, employee or agent of the Company, except in the case of an Officer’s, employee’s or agent’s fraud, willful misconduct, malfeasance or bad faith.

Appears in 2 contracts

Samples: Operating Agreement (JCC Fulton Development, LLC), Operating Agreement (New Gaming Capital Partnership)

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Indemnification of Officers and Employees. The Company may, in its sole and absolute discretion, defend, indemnify and hold harmless the Officers, employees or agents of the Company against judgments, settlements, penalties, fines or expenses incurred because such person is or was an Officer, employee or agent of the Company, except in the case of an Officer’s, employee’s or agent’s fraud, willful misconduct, malfeasance or bad faith.,

Appears in 2 contracts

Samples: Operating Agreement (Jazz Casino Co LLC), Operating Agreement (Jazz Casino Co LLC)

Indemnification of Officers and Employees. The Company may, in its sole and absolute discretion, defend, indemnify and hold harmless the Officers, employees or agents of the Company against judgments, settlements, penalties, fines fines, attorney’s fees or expenses incurred because such person is or was an Officer, employee or agent of the Company, except in the case of an Officer’s, employee’s or agent’s fraud, willful misconduct, malfeasance or bad faith.

Appears in 1 contract

Samples: Operating Agreement (New Gaming Capital Partnership)

Indemnification of Officers and Employees. The Company may, in its sole and absolute discretion, defend, indemnify and hold harmless the Officers, employees or agents of the Company against judgments, settlements, penalties, fines fines, or expenses incurred because such person is or was an Officer, employee or agent of the Company, except in the case of an Officer’s, employee’s or agent’s fraud, willful misconduct, misconduct malfeasance or bad faith.

Appears in 1 contract

Samples: Operating Agreement (New Gaming Capital Partnership)

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Indemnification of Officers and Employees. The Company may, in its sole and absolute discretion, defend, indemnify and hold harmless the Officers, employees or agents of the Company against judgments, settlements, penalties, fines or expenses incurred because such person is or was an Officer, employee or agent of the Company, Company except in the case of an Officer’s, employee’s or agent’s fraud, willful misconduct, misconduct malfeasance or bad faith.

Appears in 1 contract

Samples: Operating Agreement (JCC Fulton Development, LLC)

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