Common use of Actions where Indemnitee is Deceased Clause in Contracts

Actions where Indemnitee is Deceased. If Indemnitee is a person who was or is a party, or is threatened to be made a party, to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 10 contracts

Samples: Indemnification Agreement (United Rentals North America Inc), Indemnification Agreement (United Rentals Inc /De), Indemnification Agreement (United Rentals Inc /De)

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Actions where Indemnitee is Deceased. If Indemnitee is a person who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 7 contracts

Samples: Indemnification Agreement (Pioneer Power Solutions, Inc.), Employment and Non Competition Agreement (Pioneer Power Solutions, Inc.), Employment and Non Competition Agreement (Pioneer Power Solutions, Inc.)

Actions where Indemnitee is Deceased. If the Indemnitee is a person who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he or she is or was an Agent of the CompanyCorporation, or by reason of anything done or not done by him or her in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company Corporation shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections paragraphs 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 2 contracts

Samples: ] Indemnification Agreement (Micro Warehouse Inc), Severance Agreement and General Release (Micro Warehouse Inc)

Actions where Indemnitee is Deceased. If Indemnitee is a person who was or is a party, or is threatened to be made a party, to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 1 contract

Samples: Indemnification Agreement (Waste Connections Inc/De)

Actions where Indemnitee is Deceased. If the Indemnitee is a person who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Liability Insurance carriers or othersothers related to the settlement of a Proceeding.

Appears in 1 contract

Samples: Indemnification Agreement (Berman Center, Inc.)

Actions where Indemnitee is Deceased. If Indemnitee is a person who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he Indemnitee is or was an Agent of the Company, or by reason of anything done or not done by him Indemnitee in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 1 contract

Samples: Indemnification Agreement (Nextcard Inc)

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Actions where Indemnitee is Deceased. If Indemnitee is a person who ------------------------------------ was or is a party, or is threatened to be made a party, to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 1 contract

Samples: Indemnification Agreement (United Rentals Inc)

Actions where Indemnitee is Deceased. If Indemnitee is a person ------------------------------------ who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he Indemnitee is or was an Agent of the Company, or by reason of anything done or not done by him Indemnitee in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others.

Appears in 1 contract

Samples: Indemnification Agreement (United Road Services Inc)

Actions where Indemnitee is Deceased. If Indemnitee is a person who was or is a party, party or is threatened to be made a party, party to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above. The Expenses and liabilities covered hereby shall be net of any payments by directors' and officers' liability insurance ("D&O Insurance Insurance") carriers or others.

Appears in 1 contract

Samples: Indemnification Agreement (Integrated Technology Usa Inc)

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