Common use of Subrogation Rights Clause in Contracts

Subrogation Rights. 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 the Indemnitee against any person or organization and the Indemnitee shall execute all papers required and shall do everything that may be reasonably necessary to secure such rights.

Appears in 14 contracts

Samples: Form of Indemnification Agreement (Commercial Vehicle Group, Inc.), Indemnification Agreement (Aksys LTD), Indemnification Agreement (Integrated Circuit Systems Inc)

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Subrogation Rights. 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 the Indemnitee against any person or organization and the Indemnitee shall execute take all papers required and shall do everything actions that reasonably may be reasonably necessary requested to secure such rights; provided, that the Indemnitee shall not be required to admit any liability or waive any attorney-client privilege.

Appears in 4 contracts

Samples: Employment Agreement (Wet Seal Inc), Indemnification Agreement (Knight Trading Group Inc), Separation Agreement and General Release (Wet Seal Inc)

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Subrogation Rights. 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 the Indemnitee against any person or organization and the Indemnitee shall execute all papers required and shall do everything that may be reasonably reasonablely necessary to secure such rights.

Appears in 2 contracts

Samples: Indemnification Agreement (Payless Cashways Inc), Indemnification Agreement (Payless Cashways Inc)

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