Proportionate Indemnity. If a person is entitled to indemnification under Section 11.01 for a portion of expenses, including attorney fees, judgments, penalties, fines, and amounts paid in settlement, but not for the total amount, the Corporation shall indemnify the person for the portion of the expenses, judgments, penalties, fines, or amounts paid in settlement for which the person is entitled to be indemnified.
Appears in 5 contracts
Samples: Bylaws (ITC Holdings Corp.), Bylaws (ITC Holdings Corp.), Subscription Agreement
