Common use of Notification of Claim Clause in Contracts

Notification of Claim. Promptly after receipt by the Company of notice of any claim against the Employee pursuant to which the Employee is entitled to indemnification, the Company shall have the right to assume the defense of such claim, including the employment of counsel of its choice. Although the Employee shall have the right to employ his own counsel, the fees and expenses of such counsel shall be at the expense of the Employee. The Company shall not be liable for any settlement of any claim or action effected without its written consent.

Notification of Claim. Promptly after receipt by the Company of notice of any claim against the Employee you pursuant to which the Employee is you are entitled to indemnification, the Company shall have the right to assume the defense of such claim, including the employment of counsel of its choice. Although the Employee you shall have the right to employ his your own counsel, the fees and expenses of such counsel shall be at the expense of the Employeeyour expense. The Company shall not be liable for any settlement of any claim or action effected without its written consent.