Subrogation, etc. (a) In the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and take all actions necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.
Appears in 18 contracts
Samples: Officer Indemnification Agreement (Bank of Hawaii Corp), Officer Indemnification Agreement (Bank of Hawaii Corp), Indemnification Agreement (E Trade Financial Corp)
Subrogation, etc. (a) In Except as provided in Section 7.01(d), in the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of IndemniteeIndemnitee (other than against the Sponsor Indemnitors), who shall execute all papers required and take all reasonable actions necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.
Appears in 1 contract
Subrogation, etc. (a) In [Except as provided in Section 7.01(d),] in the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of IndemniteeIndemnitee [(other than against the Sponsor Indemnitors)], who shall execute all papers required and take all actions necessary to secure such rights, including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.
Appears in 1 contract
Samples: Severance Agreement (Cobalt International Energy, Inc.)
