Settlement in Certain Circumstances. The Indemnitor, in consultation with the Indemnitee, will have the right to negotiate a Settlement in respect of any Judgment which is founded upon any of the acts specified in Section 1.8. In the event that the Indemnitor, in consultation with the Indemnitee, negotiates such Settlement, the Indemnitee will pay any compensation or other payment for which provision is made under the Settlement and will not seek indemnity or contribution from the Indemnitor in respect of such compensation or payment. The Indemnitee will pay to the Indemnitor, within 60 days of the Indemnitor making demand therefor, all fees, costs and expenses (including legal fees and disbursements on a full indemnity basis) which result from the defence of the Claim or the Action in respect of which the Settlement was made in connection with any of the acts specified in Section 1.8, including the cost of any investigation undertaken by the Indemnitor in connection therewith, to the date the Settlement was made.
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Samples: Employment Agreement (Unbridled Energy CORP), Employment Agreement (Unbridled Energy CORP)
Settlement in Certain Circumstances. The Indemnitor, in consultation with the Indemnitee, will shall have the right to negotiate a Settlement in respect of any Judgment which is founded upon any of the acts specified in Section 1.8. In the event that the Indemnitor, in consultation with the Indemnitee, negotiates such Settlement, the Indemnitee will shall pay any compensation or other payment for which provision is made under the Settlement and will shall not seek indemnity or contribution from the Indemnitor in respect of such compensation or payment. The Indemnitee will shall pay to the Indemnitor, within 60 days of the Indemnitor making demand therefor, all fees, costs and expenses (including legal fees and disbursements on a full indemnity basis) which result from the defence of the Claim or the Action in respect of which the Settlement was made in connection with any of the acts specified in Section 1.8, including the cost of any investigation undertaken by the Indemnitor in connection therewith, to the date the Settlement was made.
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Settlement in Certain Circumstances. The Indemnitor, in consultation with the Indemnitee, will have the right to negotiate a Settlement in respect of any Judgment which is founded upon any of the acts specified in Section 1.8. In the event that the Indemnitor, in consultation with the Indemnitee, negotiates such Settlement, the Indemnitee will pay any compensation or other payment for which provision is made under the Settlement and will not seek indemnity or contribution from the Indemnitor in respect of such compensation or payment. The Indemnitee will pay to the Indemnitor, within 60 days of the Indemnitor making demand therefor, all fees, costs and expenses (including legal fees and disbursements on a full indemnity basis) which result from the defence of the Claim or the Action in respect of which the Settlement was made in connection with any of the acts specified in Section 1.8, including the cost of any investigation undertaken by the Indemnitor in connection therewith, to the date the Settlement was made.
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