Legal Fees; Indemnification; Directors’ & Officers’ Liability Insurance. (a) In the event of any contest or dispute between the Company and the Executive with respect to this Agreement or the Executive’s employment hereunder, each of the parties shall be responsible for its respective legal fees and expenses; provided, that, if the Executive prevails on any material issue in any action, the Company shall reimburse the Executive any reasonable legal fees and expenses incurred.
Appears in 5 contracts
Samples: Employment Agreement (Aleris International, Inc.), Employment Agreement (Aleris International, Inc.), Employment Agreement (Aleris International, Inc.)
Legal Fees; Indemnification; Directors’ & Officers’ Liability Insurance. (a) In the event of any contest or dispute between the Company and the Executive with respect to this Agreement or the Executive’s employment hereunder, each of the parties shall be responsible for its respective legal fees and expenses; provided, that, if the Executive prevails on any material issue in any action, the The Company shall reimburse the Executive any for reasonable legal fees and expenses incurredincurred by Executive in connection with negotiating and preparing this Agreement.
Appears in 2 contracts
Samples: Form of Employment Agreement (Patriot Coal CORP), Letter Agreement (Peabody Energy Corp)
