Common use of Partial Indemnity Clause in Contracts

Partial Indemnity. If the Executive is entitled under any provision of this Article 7 to indemnification by the Company for some or a portion of the costs, expenses, judgments, fines, penalties and amounts paid in settlement, but not for the total amount thereof, the Company shall nevertheless indemnify the Executive for the portion thereof to which the Executive is entitled.

Appears in 7 contracts

Samples: Executive Change in Control and Indemnity Agreement (Celsius Holdings, Inc.), Executive Change in Control, Severance and Indemnity Agreement (CHURCHILL DOWNS Inc), Executive Change in Control, Severance and Indemnity Agreement (CHURCHILL DOWNS Inc)

AutoNDA by SimpleDocs

Partial Indemnity. If the Executive is entitled under any provision of this Article 7 Indemnification Agreement to indemnification indemnity by the Company for some or a portion of the costsExpenses actually or reasonably incurred by him in the investigation, expensesdefense, judgmentsappeal, fines, penalties and amounts paid in settlementor settlement of any Proceeding, but not for the total amount thereof, the Company shall nevertheless indemnify the Executive for the portion thereof of such Expenses to which the Executive is entitled.

Appears in 1 contract

Samples: Indemnification Agreement (Stoneridge Inc)

AutoNDA by SimpleDocs

Partial Indemnity. If the Executive is entitled under any provision of this Article 7 Indemnification Agreement to indemnification indemnity by the Company for some or a portion of the costsExpenses actually or reasonably incurred by the Executive in the investigation, expensesdefense, judgmentsappeal, fines, penalties and amounts paid in settlementor settlement of any Proceeding, but not for the total amount thereof, the Company shall nevertheless indemnify the Executive for the portion thereof of such Expenses to which the Executive is entitled.

Appears in 1 contract

Samples: Indemnification Agreement (Stoneridge Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!