Common use of Indemnification of Executive Clause in Contracts

Indemnification of Executive. Employer shall, to the maximum extent permitted by law, indemnify and hold Executive harmless against expenses, including reasonable attorney's fees judgments, fines, settlement, and other amounts actually and reasonably incurred in connection with any proceeding arising by reason of Executive's employment by Employer. Employer shall advance to Executive any expense incurred in defending such proceeding to the maximum extent permitted by law.

Appears in 6 contracts

Samples: Employment Agreement (Integrated Environmental Technologies, Ltd.), Employment Agreement (Noble Innovations Inc), Employment Agreement (Integrated Environmental Technologies, Ltd.)

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Indemnification of Executive. Employer shall, to the maximum extent permitted by law, indemnify and hold Executive harmless against expenses, including reasonable attorney's fees judgmentsjudgements, fines, settlement, and other amounts actually and reasonably incurred in connection with any proceeding arising by reason of Executive's employment by Employer. Employer shall advance to Executive any expense incurred in defending such proceeding to the maximum extent permitted by law.

Appears in 4 contracts

Samples: Employment Agreement (American Water Star Inc), Employment Agreement (Sustainable Development International Inc), Employment Agreement (Nfox Com)

Indemnification of Executive. The Employer shall, will indemnify the Executive and hold him harmless (including reasonable attorney fees and expenses) to the maximum fullest extent now or hereafter permitted by law, indemnify and hold Executive harmless against expenses, including reasonable attorney's fees judgments, fines, settlement, and other amounts actually and reasonably incurred law in connection with any actual or threatened civil, criminal, administrative or investigative action, suit or proceeding arising by reason in which the Executive is a party or witness as a result of Executive's his employment by with the Employer. Employer This indemnification shall advance to Executive any expense incurred in defending such proceeding to survive the maximum extent permitted by lawtermination of this Agreement.

Appears in 3 contracts

Samples: Employment and Noncompete Agreement (Mark Vii Inc), Employment and Noncompete Agreement (Mark Vii Inc), Employment And (Mark Vii Inc)

Indemnification of Executive. Employer shall, to the maximum extent permitted by law, indemnify and hold Executive harmless against expenses, including reasonable attorney's ’s fees judgments, fines, settlement, and other amounts actually and reasonably incurred in connection with any proceeding arising by reason of Executive's ’s employment by Employer. Employer shall advance to Executive any expense incurred in defending such proceeding to the maximum extent permitted by law.

Appears in 1 contract

Samples: Employment Agreement (Petrol Oil & Gas Inc)

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Indemnification of Executive. The Employer shall, will indemnify Executive and hold him harmless (including reasonable attorney fees and expenses) to the maximum fullest extent now or hereafter permitted by law, indemnify and hold Executive harmless against expenses, including reasonable attorney's fees judgments, fines, settlement, and other amounts actually and reasonably incurred law in connection with any actual or threatened civil, criminal, administrative or investigative action, suit or proceeding arising by reason in which Executive is a party or witness as a result of Executive's his employment by with the Employer. Employer This indemnification shall advance to Executive any expense incurred in defending such proceeding to survive the maximum extent permitted by lawtermination of this Agreement.

Appears in 1 contract

Samples: Agreement (Mark Vii Inc)

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