Common use of INDEMNIFICATION, LITIGATION Clause in Contracts

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Company.

Appears in 16 contracts

Sources: Employment Agreement (Diversicare Healthcare Services, Inc.), Employment Agreement (Diversicare Healthcare Services, Inc.), Employment Agreement (Advocat Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Company.

Appears in 5 contracts

Sources: Employment Agreement (National Health Investors Inc), Employment Agreement (National Health Investors Inc), Employment Agreement (National Health Investors Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive Company will be entitled use its best efforts to any insurance proceeds related obtain and maintain customary directors and officer liability insurance, covering Executive. The foregoing indemnification shall continue to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer apply following termination of the CompanyPeriod of Employment for actions or omissions during the Period of Employment.

Appears in 3 contracts

Sources: Employment Agreement (Alternative Resources Corp), Employment Agreement (Alternative Resources Corp), Employment Agreement (Alternative Resources Corp)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive Company will be entitled use its best efforts to any insurance proceeds related obtain and maintain customary directors and officers liability insurance, covering Executive. The foregoing indemnification shall continue to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer apply following termination of the CompanyPeriod of Employment for actions or omissions during the Period of Employment.

Appears in 3 contracts

Sources: Executive Employment Agreement (Alternative Resources Corp), Executive Employment Agreement (Alternative Resources Corp), Executive Employment Agreement (Alternative Resources Corp)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws bylaws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred by Executive in connection with any action, suit or proceeding brought by a third party to which he may be made a party by reason of being a director or an officer of the Company.

Appears in 2 contracts

Sources: Employment Agreement (American Homepatient Inc), Employment Agreement (American Homepatient Inc)

INDEMNIFICATION, LITIGATION. The Company Company, and any subsidiary for which Executive provides services, will indemnify the Executive to the fullest extent permitted by the laws of the state of the Company's (or applicable subsidiary's) incorporation in effect at that time, or certificate of incorporation and by-laws of the Company Company, whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Company.

Appears in 2 contracts

Sources: Employment Agreement (Flipside Acquisition Corp), Employment Agreement (Flipside Acquisition Corp)

INDEMNIFICATION, LITIGATION. The Company Company, and any subsidiary for which Executive provides services, will indemnify the Executive to the fullest extent permitted by the laws of the state of the Company's (or applicable subsidiary's) incorporation in effect at that time, or certificate of incorporation and by-laws of the Company Company, whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Company.EXECUTION VERSION

Appears in 1 contract

Sources: Employment Agreement (Flipside Acquisition Corp)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws bylaws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred by the Executive in connection with any action, suit or proceeding brought by a third party to which he may be made a party by reason of being a director or an officer of the Company.

Appears in 1 contract

Sources: Employment Agreement (American Homepatient Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Company.in

Appears in 1 contract

Sources: Employment Agreement (Advocat Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive will be entitled to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he she may be made a party by reason of being a director or officer of the Company.

Appears in 1 contract

Sources: Employment Agreement (Advocat Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive from claims by third parties to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The In addition, the Company shall enter into a separate indemnity agreement with Executive will be entitled in substantially the form attached as Schedule B to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Companythis Agreement.

Appears in 1 contract

Sources: Employment Agreement (Phycor Inc /Tn/)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws bylaws of the Company whichever affords the greater protection to the Executive. The Executive Company will be entitled to any maintain directors and officers liability insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of covering the CompanyExecutive.

Appears in 1 contract

Sources: Employment Agreement (Goldleaf Financial Solutions Inc.)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The In addition, the Company shall enter into a separate indemnity agreement with Executive will be entitled in substantially the form attached as Appendix D to any insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of the Companythis Agreement.

Appears in 1 contract

Sources: Employment Agreement (Pharmerica Inc)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws of the Company whichever affords the greater protection to the Executive. The Executive Company will be entitled use its best efforts to any insurance proceeds related obtain and maintain customary directors and officers liability insurance, covering Executive. The foregoing indemnification shall continue to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer apply following the termination of the CompanyPeriod of Employment for actions or omissions during the Period of Employment.

Appears in 1 contract

Sources: Employment Agreement (Alternative Resources Corp)

INDEMNIFICATION, LITIGATION. The Company will indemnify the Executive to the fullest extent permitted by the laws of the state of incorporation in effect at that time, or certificate of incorporation and by-laws bylaws of the Company whichever affords the greater protection to the Executive. The Executive Company will be entitled use its best efforts to any maintain directors and officers liability insurance proceeds related to any award, or any fees or expenses incurred in connection with any action, suit or proceeding to which he may be made a party by reason of being a director or officer of covering the CompanyExecutive.

Appears in 1 contract

Sources: Employment Agreement (Goldleaf Financial Solutions Inc.)