Common use of No Indemnification; No Liability Clause in Contracts

No Indemnification; No Liability. The Company shall not indemnify or insure any person against the loss of any Erroneously Awarded Compensation pursuant to this Policy, nor shall the Company directly or indirectly pay or reimburse any person for any premiums for third-party insurance policies that such person may elect to purchase to fund such person’s potential obligations under this Policy. None of the Company, an affiliate of the Company or any member of the Committee or the Board shall have any liability to any person as a result of actions taken under this Policy.

Appears in 7 contracts

Samples: Acknowledgment Agreement (Lands' End, Inc.), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

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