Common use of Mandatory Payment of Expenses Clause in Contracts

Mandatory Payment of Expenses. Notwithstanding any other provision of this Agreement, to the extent that Employee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in defense of any Claim regarding any Indemnifiable Event, Employee shall be indemnified against all Expenses actually and reasonably incurred by Employee in connection therewith.

Mandatory Payment of Expenses. Notwithstanding any other provision of this Agreement, to the extent that the Employee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in the defense of any Claim regarding Proceeding or in the defense of any Indemnifiable Eventclaim, issue or matter therein, the Employee shall be indemnified hereunder against all Expenses actually and reasonably incurred by or on behalf of the Employee in connection therewith.