Common use of Reimbursement of Legal Fees and Expenses Clause in Contracts

Reimbursement of Legal Fees and Expenses. The Company shall also reimburse the Executive (promptly upon documented request), the amount of all legal fees and expenses reasonably incurred by the Executive in connection with any good faith claim for severance compensation hereunder, including all such fees and expenses incurred in contesting or disputing, by arbitration or otherwise, any such termination or in seeking to obtain or enforce any right or benefit provided by this Employment Agreement or in connection with any tax audit or proceeding to the extent attributable to the application of Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”) to any payment or benefit provided hereunder.

Appears in 4 contracts

Samples: Employment Agreement (Sovran Self Storage Inc), Employment Agreement (Sovran Acquisition LTD Partnership), Employment Agreement (Sovran Acquisition LTD Partnership)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.