Common use of Repayment of Expenses Clause in Contracts

Repayment of Expenses. Indemnitee agrees that Indemnitee will reimburse the Corporation for all reasonable expenses paid by the Corporation in defending any civil or criminal action, suit or proceeding against Indemnitee in the event and only to the extent that it shall be ultimately determined that Indemnitee is not entitled to be indemnified by the Corporation for such expenses under the provisions of the Ohio Statute, the Code, this Agreement or otherwise. Indemnitee shall, to the extent permitted by law, be indemnified for all reasonable attorneys’ fees incurred in defense or prosecution of a claim for indemnification.

Appears in 7 contracts

Samples: Indemnification Agreement (Rti International Metals Inc), Indemnification Agreement (Rti International Metals Inc), Indemnification Agreement (Rti International Metals Inc)

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Repayment of Expenses. Indemnitee agrees that Indemnitee will reimburse the Corporation for all reasonable expenses paid by the Corporation in defending any civil or criminal action, suit or proceeding against Indemnitee in the event and only to the extent that it shall be ultimately determined that Indemnitee is not entitled to be indemnified by the Corporation for such expenses under the provisions of the Ohio Statute, the Code, this Agreement or otherwise. Indemnitee shall, to the extent permitted by law, be indemnified for all reasonable attorneys' fees incurred in defense or prosecution of a claim for indemnification.

Appears in 4 contracts

Samples: Indemnification Agreement (Rti International Metals Inc), Indemnification Agreement (Rti International Metals Inc), Indemnification Agreement (Rti International Metals Inc)

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