Common use of Indemnity of Committee Clause in Contracts

Indemnity of Committee. Employer shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.

Appears in 6 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc)

AutoNDA by SimpleDocs

Indemnity of Committee. The Employer shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.

Appears in 5 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc)

Indemnity of Committee. The Employer shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, or liability arising from any action or failure to act with respect to this PlanAgreement, except in the case of gross negligence or willful misconduct.

Appears in 3 contracts

Samples: Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp)

Indemnity of Committee. The Employer shall indemnify and hold harmless each of the members of the Committee against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconductmisconduct by such members of the Committee.

Appears in 2 contracts

Samples: Elective Deferred Compensation Plan (Beneficial Mutual Bancorp Inc), Elective Deferred Compensation Plan (Beneficial Mutual Bancorp Inc)

Indemnity of Committee. Employer The Company shall indemnify and hold harmless the members of the Committee against any and all claims, losslosses, damagedamages, expense, expenses or liability liabilities arising from any action or failure to act with respect to this PlanAgreement, except in the case of gross negligence willful misconduct by the Committee or willful misconductany of its members.

Appears in 2 contracts

Samples: Employment Agreement (Ryland Group Inc), Employment Agreement (Ryland Group Inc)

Indemnity of Committee. Employer The Company shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, expense (including counsel fees) or liability (including any amounts paid in settlement of any claim or any other matter with the consent of the Board) arising from any action or failure to act with respect to this PlanPlan on account of such member’s service on the Committee, except in the case of gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Supplemental Senior Executive Death Benefit Plan (Ametek Inc/), Supplemental Senior Executive Death Benefit Plan (Ametek Inc/)

Indemnity of Committee. Employer The Company shall indemnify and hold harmless the members of the Committee and any Employee to whom the duties of the Committee may be delegated against any and all claims, losslosses, damagedamages, expense, expenses or liability liabilities arising from any action or failure to act with respect to this PlanAgreement, except in the case of gross negligence willful misconduct by the Committee, any of its members or willful misconductany such Employee.

Appears in 2 contracts

Samples: Executive Life Insurance Agreement (Washington Group International Inc), Executive Life Insurance Agreement (Washington Group International Inc)

Indemnity of Committee. Employer The Company shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (North Bay Bancorp/Ca)

Indemnity of Committee. Employer The Company shall indemnify and hold harmless the members of the Administrative Committee against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this PlanPlan on account of such person’s service on the Administrative Committee, except in the case of gross negligence or willful misconduct.

Appears in 1 contract

Samples: Executive Deferred Compensation Plan (Albemarle Corp)

Indemnity of Committee. Employer shall The Company will indemnify and hold harmless the ---------------------- members of the Committee against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this Plan, except in the case of the Committee's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Annual Report

AutoNDA by SimpleDocs

Indemnity of Committee. The Employer shall indemnify and hold harmless each of the members of the Committee against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.misconduct by such members of the Committee. 12

Appears in 1 contract

Samples: Elective Deferred Compensation Plan (WSFS Financial Corp)

Indemnity of Committee. Employer All Employers shall indemnify and hold harmless the members of the Committee against any and all claims, losslosses, damagedamages, expense, expenses or liability liabilities arising from any action or failure to act with respect to this Plan, except in the case of gross negligence willful misconduct by the Committee or willful misconductany of its members.

Appears in 1 contract

Samples: Executive Officer Deferred Compensation Plan (Herbalife International Inc)

Indemnity of Committee. Employer shall shall, and hereby does, indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.

Appears in 1 contract

Samples: Death Benefit Only Plan (Four Oaks Fincorp Inc)

Indemnity of Committee. Employer The Corporation shall indemnify and hold harmless the members of the Committee and their agents duly appointed under Section 9.2 against any and all claims, loss, damage, expense, expense or liability arising from any action or failure to act with respect to this the Plan, except in the case of gross negligence or willful misconductmisconduct by any such member or agent of the Committee.

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan (ONE Gas, Inc.)

Indemnity of Committee. The Employer shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, . expense, or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Heritage Commerce Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!