Common use of Payment of Defense Costs Clause in Contracts

Payment of Defense Costs. If You are individually named as a defendant in a lawsuit relating to or arising out of the performance of Your duties for the Company pursuant to this Agreement, then the Company agrees to pay the reasonable attorneys' fees and expenses You incur in defending such lawsuit (the "Defense Costs"). The Company will not pay any damages or any other sums or relief for which You are held liable. Payment of the Defense Costs shall be the Company's only obligation under this Section. If You are held liable, then You agree to reimburse the Company for all Defense Costs the Company paid to You or on Your behalf. The Company's obligation under this Section shall not apply to any claim or lawsuit brought by the Company against You.

Payment of Defense Costs. If You are individually named as a defendant in a lawsuit relating to or arising out of the performance of Your duties for the Company pursuant to this Agreement, then the Company agrees to pay the reasonable attorneys' ’ fees and expenses You incur in defending such lawsuit (the "“Defense Costs"”). The Company will not pay any damages or any other sums or relief for which You are held liable. Payment of the Defense Costs shall be the Company's ’s only obligation under this Section. If You are held liable, then You agree to reimburse the Company for all Defense Costs the Company paid to You or on Your behalf. The Company's ’s obligation under this Section shall not apply to any claim or lawsuit brought by the Company against You.