Common use of Legal Fees and Other Expenses Clause in Contracts

Legal Fees and Other Expenses. (a) If Executive incurs legal fees or other expenses (including expert witness and accounting fees) on or after the Effective Date or the Imminent Change Date, in an effort to interpret this Agreement or to secure, preserve, establish entitlement to, or obtain benefits under this Agreement (including the fees and other expenses of Executive's legal counsel in connection with the delivery of an Executive Counsel Opinion), the Company shall, regardless of the outcome of such effort, reimburse Executive on a current basis (in accordance with Section 6.1(b)) for such fees and expenses, and shall also pay Executive an additional payment such that, after payment of all Taxes and Excise Taxes on such amount, there remains a balance sufficient to pay all such fees and other expenses.

Appears in 5 contracts

Samples: Employment Agreement (Russell Corp), Employment Agreement (Russell Corp), Employment Agreement (Russell Corp)

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Legal Fees and Other Expenses. (a) If Executive incurs legal fees or other expenses (including expert witness and accounting fees) on or after the Effective Date or the Imminent Change Date, in an effort to interpret enforce this Agreement Agreement, or to secure, preserve, establish entitlement to, or obtain benefits under this Agreement (including the fees and other expenses of Executive's ’s legal counsel in connection with the delivery of an Executive Counsel Opinion), the Company shall, regardless of the outcome of such effort, reimburse Executive on a current basis (in accordance with Section 6.1(b)) for such reasonable fees and expenses, and shall also pay Executive an additional payment such that, after payment of all Taxes and Excise Taxes on such amount, there remains a balance sufficient to pay all such fees and other expenses.

Appears in 2 contracts

Samples: Employment Agreement (McDonalds Corp), McDonalds Corp

Legal Fees and Other Expenses. (a) If Executive incurs legal fees or other expenses (including expert witness and accounting fees) on or after the Effective Date or the Imminent Change Date, in an effort to interpret enforce this Agreement Agreement, or to secure, preserve, establish entitlement to, or obtain benefits under this Agreement (including the fees and other expenses of Executive's legal counsel in connection connec- tion with the delivery of an Executive Counsel Opinion), the Company shall, regardless of the outcome of such effort, reimburse Executive on a current basis (in accordance with Section 6.1(b)) for such reasonable fees and expenses, and shall also pay Executive an additional payment such that, after payment of all Taxes and Excise Taxes on such amount, there remains a balance sufficient to pay all such fees and other expenses.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

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Legal Fees and Other Expenses. (a) If Executive incurs legal fees or other expenses (including expert witness and accounting fees) on or after the Effective Date or the Imminent Change Date, in an effort to interpret this Agreement or to secure, preserve, establish entitlement to, or obtain benefits under this Agreement (including the fees and other expenses of Executive's ’s legal counsel in connection with the delivery of an Executive Counsel Opinion), the Company shall, regardless of the outcome of such effort, reimburse Executive on a current basis (in accordance with Section 6.1(b)) for such fees and expenses, and shall also pay Executive an additional payment such that, after payment of all Taxes and Excise Taxes on such amount, there remains a balance sufficient to pay all such fees and other expenses.

Appears in 1 contract

Samples: Control Employment Agreement (Russell Corp)

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