Common use of Litigation By Third Parties Clause in Contracts

Litigation By Third Parties. All litigation or inquiries by third parties (including, but not limited to, those by the Company’s shareholders or by government agencies) arising out of or in connection with the Senior Vice President’s performance under this Agreement, against either the Company or the Senior Vice President or both, shall be jointly defended or opposed by the parties hereto to support this Agreement. The Company shall appoint legal counsel for the parties and shall bear the costs, reasonable legal fees and expenses related to such litigation or inquiry.

Appears in 3 contracts

Samples: Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc)

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Litigation By Third Parties. All litigation or inquiries by third parties (including, but not limited to, those by the Company’s shareholders or by government agencies) arising out of or in connection with the Senior Vice President’s performance under this Agreement, against either the Company or the Senior Vice President or both, shall be jointly defended or opposed by the parties hereto to support this Agreement. The Company shall appoint legal counsel for the parties and shall bear the costs, reasonable legal fees and expenses related to such litigation or inquiry.

Appears in 2 contracts

Samples: Severance Agreement (Carmax Inc), Severance Agreement (Carmax Inc)

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