Common use of Legal Fees and Expenses Clause in Contracts

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De)

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Legal Fees and Expenses. In If the Executive asserts any claim ----------------------- in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to expenses; provided, however, that the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 7 contracts

Samples: Employment Continuation Agreement (Alabama National Bancorporation), Employment Continuation Agreement (Alabama National Bancorporation), Employment Continuation Agreement (Alabama National Bancorporation)

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx Bxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 5 contracts

Samples: Employment Continuation Agreement, Employment Continuation Agreement (New Jersey Resources Corp), Employment Continuation Agreement (Farr Co)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate Bill xxxe as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 5 contracts

Samples: Employment Continuation Agreement (Chrysler Corp /De), Employment Continuation Agreement (Bwip Inc), Employment Continuation Agreement (New Jersey Resources Corp)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx Bxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 4 contracts

Samples: Key Executive Employment Protection Agreement (Landstar System Inc), Key Executive Employment Protection Agreement (Landstar System Inc), Key Executive Employment Protection Agreement (Landstar System Inc)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitationbut not limited to, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate Bill xxxe as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any at least one material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 3 contracts

Samples: Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his his/her reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Hartford Financial Services Group Inc/De)

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his Executive’s reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 2 contracts

Samples: Key Executive Employment Protection Agreement (Hartford Financial Services Group Inc/De), Key Executive Employment Protection Agreement (Hartford Financial Services Group Inc/De)

Legal Fees and Expenses. In If Executive asserts any claim in any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses; provided, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to at the relevant time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Stancorp Financial Group Inc), Change of Control Agreement (Stancorp Financial Group Inc)

Legal Fees and Expenses. In any contest (whether initiated by Executive ----------------------- or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that ------------- Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx Bill rate as in effect from time frxx xime to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Hartford Financial Services Group Inc/De), Employment Agreement (Itt Hartford Group Inc /De)

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Legal Fees and Expenses. In If Executive asserts any claim in any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses; provided, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-90- day United States Treasury Xxxx rate as in effect from time to at the relevant time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Stancorp Financial Group Inc), Change of Control Agreement (Stancorp Financial Group Inc)

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the a 90-day United States Treasury Xxxx Bxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hartford Financial Services Group Inc/De)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Key Executive Employment Protection Agreement (Landstar System Inc)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s 's legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s 's fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx Bxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability en- forceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Key Executive Employment Protection Agreement (Uslife Corp)

Legal Fees and Expenses. In any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his Executive’s reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx Bxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Key Executive Employment Protection Agreement (Hartford Financial Services Group Inc/De)

Legal Fees and Expenses. In If Executive asserts any claim in any contest (whether initiated by Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay Executive’s legal expenses (or cause such expenses to be paid) including), without limitation, his including Executive’s reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Company, expenses; provided that Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Employment Continuation Agreement (Protective Life Corp)

Legal Fees and Expenses. In If the Executive asserts any claim in any contest (whether initiated by the Executive or by the Company) as to the validity, enforceability or interpretation of any provision of this Agreement, the Company shall pay the Executive’s legal expenses (or cause such expenses to be paid) including, without limitation, his reasonable attorney’s fees, on a quarterly basis, upon presentation of proof of such expenses in a form acceptable to the Companyexpenses, provided that the Executive shall reimburse the Company for such amounts, plus simple interest thereon at the 90-day United States Treasury Xxxx rate as in effect from time to time, compounded annually, if the Executive shall not prevail, in whole or in part, as to any material issue as to the validity, enforceability or interpretation of any provision of this Agreement.

Appears in 1 contract

Samples: Key Executive Employment Protection Agreement (Landstar System Inc)

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