Common use of REIMBURSEMENT OF EXPENSES FOLLOWING ADJUDICATION OF NEGLIGENCE Clause in Contracts

REIMBURSEMENT OF EXPENSES FOLLOWING ADJUDICATION OF NEGLIGENCE. Subject to Sections 5 and 15 hereof, the Company shall reimburse the Indemnitee for any expenses (including attorney’s fees) and amounts paid in settlement actually and reasonably incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any action, suit or proceeding described in Section 2 hereof that results in an adjudication that the Indemnitee was liable, other than for gross negligence or willful misconduct in the performance of his duty to the Company; provided, however, that the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in the best interests of the Company.

REIMBURSEMENT OF EXPENSES FOLLOWING ADJUDICATION OF NEGLIGENCE. Subject to Sections 5 Section 4 and 15 Section 13 hereof, the Company shall reimburse the Indemnitee for any expenses (including attorney’s fees) and amounts paid in settlement actually and reasonably incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any action, suit or proceeding described in Section 2 hereof that results in an adjudication that the Indemnitee was liable, other than for gross negligence or willful misconduct in the performance of his duty to the Company; provided, however, that the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in the best interests of the Company.

REIMBURSEMENT OF EXPENSES FOLLOWING ADJUDICATION OF NEGLIGENCE. Subject to Sections 5 4 and 15 13 hereof, the Company shall reimburse the Indemnitee for any expenses (including attorney’s 's fees) and amounts paid in settlement actually and reasonably incurred by the Indemnitee in connection with the investigation, defense, settlement or appeal of any action, suit or proceeding described in Section 2 hereof that results in an adjudication that the Indemnitee was liable, other than for gross negligence or willful misconduct in the performance of his duty to the Company; provided, however, that the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in the best interests of the Company.

REIMBURSEMENT OF EXPENSES FOLLOWING ADJUDICATION OF NEGLIGENCE. Subject to Sections 5 and 15 hereof, the The Company shall reimburse the Indemnitee to the fullest extent permitted under all applicable laws and regulations for any expenses (including attorney’s 's fees) and amounts paid in settlement actually and reasonably incurred or paid by the Indemnitee him in connection with the investigation, defense, settlement or appeal of any action, action or suit or proceeding described in Section 2 hereof that results in an adjudication that the Indemnitee was liableliable for negligence, other than for gross negligence or recklessness (but not willful misconduct misconduct) in the performance of his duty to the Company; provided, however, that the Indemnitee acted in good faith and in a manner the Indemnitee reasonably he believed to be in the best interests of the Company.