Common use of Retention of Counsel Clause in Contracts

Retention of Counsel. The Officer shall be entitled to retain his or her own counsel in respect of the Eligible Proceeding. The fees, costs and expenses of such separate counsel retained by the Officer shall be included in the amounts for which the Officer is indemnified under Section 4, but only if counsel to the Indemnitor advises that the Officer ought to be represented by separate counsel and the separate counsel is approved by the Indemnitor. 14460.66030.DS1.10450400.1

Retention of Counsel. The Officer Director shall be entitled to retain his or her own counsel in respect of the Eligible Proceeding. The fees, costs and expenses of such separate counsel retained by the Officer Director shall be included in the amounts for which the Officer Director is indemnified under Section 4, but only if counsel to the Indemnitor advises that the Officer Director ought to be represented by separate counsel and the separate counsel is approved by the Indemnitor. 14460.66030.DS1.10450400.114460.66030.DS1.10389791.2

Retention of Counsel. The Officer shall be entitled to retain his or her own counsel in respect of the Eligible Proceeding. The fees, costs and expenses of such separate counsel retained by the Officer shall be included in the amounts for which the Officer is indemnified under Section 4, but only if counsel to the Indemnitor advises that the Officer ought to be represented by separate counsel and the separate counsel is approved by the Indemnitor. 14460.66030.DS1.10450400.1.