Common use of Legal Expenses and Interest Clause in Contracts

Legal Expenses and Interest. If, with respect to any alleged failure by Gannett to comply with any of the terms of this Agreement, Executive hires legal counsel with respect to this Agreement or institutes any negotiations or institutes or responds to legal action to assert or defend the validity of, enforce Executive’s rights under, or recover damages for breach of this Agreement and thereafter Gannett is found in a judgment no longer subject to review or appeal to have breached this Agreement in any material respect, then Gannett shall indemnify Executive for Executive’s actual expenses for attorneys’ fees and disbursements, together with such additional payments, if any, as may be necessary so that the net after-tax payments to Executive equal such fees and disbursements.

Appears in 5 contracts

Samples: Employment Agreement (Gannett Co Inc /De/), Employment Agreement (Gannett Co Inc /De/), Employment Agreement (Gannett Co Inc /De/)

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