Indemnity by Company. 10.1 Subject to the Corporations Act and the Constitution of the Company, the Company agrees to indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust. 10.2 Without limiting clause 10.1 : (1) the Employee may be indemnified by the Company where the Board of Directors of the Company considers it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the Company, unless the liability arises out of conduct involving lack of good faith; (2) the Employee shall be indemnified by the Company against any liability incurred by him in defending any proceedings in connection with the performance by him of his position with the Company whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act is granted to him by the court; (3) to the extent permissible by law, the Company may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company..
Appears in 7 contracts
Samples: Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD)
Indemnity by Company. 10.1 Subject to the Corporations Act and the Constitution of the Company, the Company agrees to will indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust.
10.2 Without limiting clause 10.1 10.1:
(1a) the Employee may be indemnified by the Company where the Board of Directors of the Company considers it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the Company, unless the liability arises out of conduct involving lack of good faith;
(2b) the Employee shall be is indemnified by the Company against any liability incurred by him in defending any proceedings in connection with the performance by him of his position with the Company whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act is granted to him by the court;; and
(3c) to the extent permissible by law, the Company may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company...
Appears in 7 contracts
Samples: Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD)
Indemnity by Company. 10.1 Subject to the Corporations Act Law and the Constitution of the Company, the Company agrees to indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments judgements or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement judgment in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust.
10.2 Without limiting clause 10.1 :
(1) the Employee may be indemnified by the Company where the Board of Directors of the Company considers consider it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the Company, unless the liability arises out of conduct involving lack of good faith;
(2) the Employee shall be indemnified by the Company against any liability incurred by him in defending any proceedings in connection with the performance by him of his position with the Company whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act Law is granted to him by the court;
(3) to the extent permissible by law, the Company may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company..Company or a contravention of sections 232(5) or 232(6) of the Corporations Law.
Appears in 4 contracts
Samples: Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD), Employment Agreement (Novogen LTD)
Indemnity by Company. 10.1 Subject to the Corporations Act and the Constitution of the Company, the Company agrees to indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust.
10.2 Without limiting clause 10.1 :
(1) the Employee may be indemnified by the Company where the Board of Directors of the Company considers it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the Company, unless the liability arises out of conduct involving lack of good faith;
(2) the Employee shall be indemnified by the Company against any liability incurred by him in defending any proceedings in connection with the performance by him of his position with the Company whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act is granted to him by the court;
(3) to the extent permissible by law, the Company may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company...
Appears in 1 contract
Samples: Employment Agreement (Novogen LTD)
Indemnity by Company. 10.1 Subject to the Corporations Act and the Constitution of the Company, the Company agrees to will indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust.
10.2 Without limiting clause 10.1 10.1:
(1a) the Employee may be indemnified by the Company where the Board of Directors of the Company considers it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the Company, unless the liability arises out of conduct involving lack of good faith;
(2b) the Employee shall be is indemnified by the Company against any liability incurred Incurred by him in In defending any proceedings in connection with the performance by him of his position with the Company whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act is Is granted to him by the court;; and
(3c) to the extent permissible by law, the Company may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company...
Appears in 1 contract
Samples: Employment Agreement (Novogen LTD)
Indemnity by Company. 10.1 Subject to the Corporations Act and the Constitution of the Company, the Company agrees to and the Novogen Group will indemnify and keep indemnified the Employee and his executors, administrators and legal personal representatives against any loss, costs, damages, judgments or liability suffered or incurred by the Employee in respect of any act, neglect, default or error or judgement in the course of his employment and for which the Company would be vicariously liable other than any wilful or gross neglect, default or breach of duty or breach of trust.
10.2 Without limiting clause 10.1 10.1:
(1a) the Employee may be indemnified by the Company and the Novogen Group where the Board of Directors of the Company considers it appropriate, against any liability incurred by the Employee in the connection with the performance by him of his position with the CompanyCompany and the Novogen Group, unless the liability arises out of conduct involving lack of good faith;
(2b) the Employee shall be is indemnified by the Company and the Novogen Group against any liability incurred by him in defending any proceedings in connection with the performance by him of his position with the Company and the Novogen Group whether civil or criminal in which judgment is given in his favour or in which the Employee is acquitted or in connection with any application in relation to any proceedings in which relief under the Corporations Act is granted to him by the court;; and
(3c) to the extent permissible by law, the Company or the Novogen Group may, pay a premium in respect of a contract insuring the Employee against a liability incurred by the Employee in connection with the performance by him of his position with the Company and the Novogen Group except for a liability arising out of conduct involving a wilful breach of duty in relation to the Company..Company and the Novogen Group.
Appears in 1 contract
Samples: Employment Agreement (Novogen LTD)