Common use of Spousal Indemnification Clause in Contracts

Spousal Indemnification. Subject to the same standards, limitations, obligations and conditions under which indemnification is provided to an Indemnitee under this Agreement, the Company shall indemnify a Spouse who is or is threatened to be made a Party to a Proceeding solely by reason of his or her status as Indemnitee’s spouse. A Spouse also may be entitled to advancement of Expenses to the same extent that Indemnitee is entitled to advancement of Expenses herein.

Appears in 4 contracts

Samples: Indemnification Agreement (Prestige Brands Holdings, Inc.), Indemnification Agreement (Buckeye Technologies Inc), Indemnification Agreement (Prestige Brands Holdings, Inc.)

AutoNDA by SimpleDocs

Spousal Indemnification. Subject to the same standards, limitations, obligations and conditions under which indemnification is provided to an Indemnitee under this Agreement, the Company shall indemnify a Spouse who is for Losses and Expenses such Spouse incurs or is threatened becomes obligated to be made pay as a Party to a result of any Proceeding solely by reason of his or her status as Indemnitee’s spouse. A Spouse also may be entitled to advancement of Expenses to the same extent that Indemnitee is entitled to advancement of Expenses herein.

Appears in 2 contracts

Samples: Indemnification Agreement (Prestige Brands Holdings, Inc.), Indemnification Agreement (Prestige Brands Holdings, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!