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, Xxxxx 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 his 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 Xxxxx for his 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 Xxxxx equal such fees and disbursements.

Appears in 2 contracts

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

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Legal Expenses and Interest. If, with respect to any alleged failure by Gannett to comply with any of the terms of this Agreement, Xxxxx Martore 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 his her 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 Xxxxx Martore for his her 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 Xxxxx Martore equal such fees and disbursements.

Appears in 1 contract

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

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Legal Expenses and Interest. If, with respect to any alleged failure by Gannett to comply with any of the terms of this Agreement, Xxxxx MxXxxxxxxxxx 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 his 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 Xxxxx MxXxxxxxxxxx for his 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 Xxxxx MxXxxxxxxxxx equal such fees and disbursements.

Appears in 1 contract

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

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