Common use of Legal and Arbitration Fees and Expenses Clause in Contracts

Legal and Arbitration Fees and Expenses. The Company also shall pay to the Executive all reasonable legal fees, arbitration fees and expenses incurred by the Executive in disputing in good faith any issue hereunder relating to the termination of the Executive's employment, in seeking in good faith to obtain or enforce any benefit or right provided by this Agreement or in connection with any tax audit or proceeding to the extent attributable to the application of section 4999 of the Code to any payment or benefit provided hereunder. Such payments shall be made within five (5) business days after delivery of the Executive's written requests for payment accompanied with such evidence of fees and expenses incurred as the Company reasonably may require. Notwithstanding the foregoing provisions of this Section 11, no such fees and expenses shall be paid unless the Executive prevails on at least one of the issues he raises.

Appears in 3 contracts

Samples: Employment Agreement (American General Corp /Tx/), Employment Agreement (American General Corp /Tx/), Employment Agreement (American General Corp /Tx/)

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Legal and Arbitration Fees and Expenses. The Company also shall pay to the Executive all reasonable legal fees, arbitration fees and expenses incurred by the Executive in disputing in good faith any issue hereunder relating to the termination of the Executive's employment, in seeking in good faith to obtain or enforce any benefit or right provided by this Agreement or in connection with any tax audit or proceeding to the extent attributable to the application of section 4999 of the Code to any payment or benefit provided hereunderAgreement. Such payments shall be made within five (5) business days after delivery of the Executive's written requests for payment accompanied with such evidence of fees and expenses incurred as the Company reasonably may require. Notwithstanding the foregoing provisions of this Section 1110, no such fees and expenses shall be paid unless the Executive prevails on at least one of the issues he the Executive raises.

Appears in 1 contract

Samples: Employment Agreement (American General Corp /Tx/)

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