Common use of Reimbursement of Certain Costs Clause in Contracts

Reimbursement of Certain Costs. If the Participant breaches or threatens to breach any of the Restrictive Covenants in this Appendix B and the Company initiates legal action against the Participant and substantially prevails against the Participant in such action by enforcing such Restrictive Covenants or obtaining damages for such breaches, the Company shall be entitled to payment or reimbursement from the Participant of the Company’s reasonable costs and expenses in connection with such action (including reasonable attorneys' fees and disbursements, litigation costs and investigative and expert witness fees and costs).

Appears in 3 contracts

Samples: Award Agreement (Old National Bancorp /In/), Old National Bancorp (Old National Bancorp /In/), Award Agreement (Old National Bancorp /In/)

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Reimbursement of Certain Costs. If the Participant Grantee breaches or threatens to breach any of the Restrictive Covenants in this Appendix B A and the Company initiates legal action against the Participant Grantee and substantially prevails against the Participant Grantee in such action by enforcing such Restrictive Covenants or obtaining damages for such breaches, the Company shall be entitled to payment or reimbursement from the Participant Grantee of the Company’s reasonable costs and expenses in connection with such action (including reasonable attorneys' fees and disbursements, litigation costs and investigative and expert witness fees and costs).

Appears in 1 contract

Samples: Letter Agreement (Old National Bancorp /In/)

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Reimbursement of Certain Costs. If the Participant breaches or threatens to breach any of the Restrictive Covenants in this Appendix B A and the Company initiates legal action against the Participant and substantially prevails against the Participant in such action by enforcing such Restrictive Covenants or obtaining damages for such breaches, the Company shall be entitled to payment or reimbursement from the Participant of the Company’s reasonable costs and expenses in connection with such action (including reasonable attorneys' fees and disbursements, litigation costs and investigative and expert witness fees and costs).

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Old National Bancorp /In/)

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