Common use of Indemnity by Employer Clause in Contracts

Indemnity by Employer. For valuable consideration, and as a material inducement to Executive to enter into this Agreement, Employer shall take whatever actions are necessary to provide indemnification of Executive by Employer for business liability, including without limitation, liability as an officer to all interested parties, to the fullest extent it can be made available under applicable law.

Appears in 7 contracts

Samples: Employment Agreement (Bank Mutual Corp), Employment Agreement (Bank Mutual Corp), Employment Agreement (Bank Mutual Corp)

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Indemnity by Employer. For valuable consideration, and as a material inducement to Executive to enter into this Agreement, Employer shall take whatever actions are necessary to provide indemnification of Executive by Employer for business liability, including without limitation, liability as an a director and officer to all interested parties, to the fullest extent it can be made available under applicable law.

Appears in 3 contracts

Samples: Employment Agreement (Wauwatosa Holdings, Inc.), Employment Agreement (Mutual Savings Bank), Employment Agreement (Mutual Savings Bank)

Indemnity by Employer. For valuable consideration, and as a material inducement to Executive to enter into this Agreement, Employer shall take whatever actions are reasonably necessary to provide indemnification of Executive by Employer for business liabilityliability arising out of Executive's lawful activities on behalf of Employer, including without limitation, liability as an officer to all interested parties, to the fullest extent it can be made available under applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Denmark Bancshares Inc), Employment Agreement (Denmark Bancshares Inc)

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Indemnity by Employer. For valuable consideration, and consideration as a material inducement to Executive to enter into this Agreement, Employer shall take whatever actions are necessary to provide indemnification of Executive by Employer for business liability, including without limitation, limitation liability as an a director and officer to all interested parties, to the fullest extent it can be made available under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Bank Mutual Corp)

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