Common use of Indemnification of Officers and Employees Clause in Contracts

Indemnification of Officers and Employees. The Company shall indemnify, protect and hold Employee harmless, to the fullest extent permitted by Texas law and the Company's certificate of incorporation, as amended, and its by-laws, from any and all claims and legal actions against the Company including but not limited to product liability claims, shareholder or government claims, fines, penalties, or legal actions; or any other tort or action against the Employee as a result of Employee's employment by Company. Company does not presently maintain officer and director liability insurance. However, if the Company does obtain such coverage in the future, the Company will immediately cause said Employee to be covered by said insurance.

Indemnification of Officers and Employees. The Company shall indemnify, protect and hold Employee harmless, to the fullest extent permitted by Texas law and the Company's certificate of incorporation, as amended, and its by-laws, from any and all claims and legal actions against the Company including but not limited to product liability claims, shareholder or government claims, fines, penalties, or legal actions; or any other tort or action against the Employee as a result of Employee's employment by Company. Company does not presently maintain officer and director liability insurance. However, if the Company does obtain such coverage in the future, the Company will immediately cause said Employee to be covered by said insurance. 12.