Common use of Excluded Coverage Clause in Contracts

Excluded Coverage. The Company shall have no obligation to indemnify Indemnitee for and hold him or her harmless from any Loss or Expense which has been Ultimately Determined to constitute an Excluded Claim or to the extent that Indemnitee has received the proceeds of D&O Insurance or to the extent that Indemnitee has otherwise been indemnified.

Appears in 3 contracts

Sources: Indemnification Agreement (Microsoft Corp), Indemnification Agreement (Microsoft Corp), Indemnification Agreement (Microsoft Corp)

Excluded Coverage. The Company shall have no obligation to indemnify Indemnitee for and defend and hold him or her Indemnitee harmless from any Loss or Expense which has been Ultimately Determined to constitute an Excluded Claim or to the extent that Indemnitee has received the proceeds of D&O Insurance or to the extent that Indemnitee has otherwise been indemnifiedClaim.

Appears in 2 contracts

Sources: Executive Employment Agreement (West Marine Inc), Indemnification Agreement (West Marine Inc)