Personal Guarantees. The Company shall indemnify and hold harmless the Executive for any liability incurred by him/her by reason of his/her execution of any personal guarantee for the Company’s benefit (including but not limited to personal guarantees in connection with office or equipment leases, commercial loans or promissory notes).
Appears in 12 contracts
Samples: Employment Agreement (Motient Corp), Employment Agreement (Terrestar Corp), Employment Agreement (Terrestar Corp)
Personal Guarantees. The Company shall indemnify and hold harmless the Executive for any liability incurred by him/her him by reason of his/her his execution of any personal guarantee for the Company’s benefit (including but not limited to personal guarantees in connection with office or equipment leases, commercial loans or promissory notes).
Appears in 6 contracts
Samples: Employment Agreement (Freshpet, Inc.), Employment Agreement (Freshpet, Inc.), Employment Agreement (Tanke Biosciences Corp)
Personal Guarantees. The Company shall indemnify and hold harmless the Executive for any liability incurred by him/her by reason of his/her execution of any personal guarantee for the Company’s benefit (including but not limited to personal guarantees in connection with office or equipment leases, commercial loans or promissory notes).
Appears in 4 contracts
Samples: Employment Agreement (GTT Communications, Inc.), Employment Agreement (GTT Communications, Inc.), Employment Agreement (Global Telecom & Technology, Inc.)
Personal Guarantees. The Company shall indemnify and hold harmless the Executive for any liability incurred by him/her by reason of his/her execution of any personal guarantee for the Company’s benefit (including but not limited to personal guarantees in connection with office or equipment leases, commercial loans or promissory notes).; provided that nothing herein shall be construed or implied in any manner to expect or require Executive to enter into any such guarantee
Appears in 1 contract
Personal Guarantees. The Company shall indemnify and hold harmless the Executive for any liability incurred by him/her by reason of his/her execution of any personal guarantee for the Company’s benefit (including but not limited to personal guarantees in connection with office or equipment leases, commercial loans or promissory notes).; provided that nothing herein shall be construed or implied in any manner to expect or require Executive to enter into any such guarantee
Appears in 1 contract
