Executive protection definition
Examples of Executive protection in a sentence
Company will or has provided Executive protection against claims and actions against Executive by executing an indemnification agreement that indemnifies and holds Executive harmless for any acts or decisions made in good faith while performing services for the Company as a Managerial Employee.
The Company and Employer desire to induce Executive to remain in employment by providing Executive protection in the event of a termination of Executive’s employment in certain circumstances, and Executive desires to continue to be employed by the Employer and to accept such protection.
The Change of Control Agreement provides to the Executive protection in the form of severance benefits that payable by the Companies on termination of his employment under certain circumstances after the Consolidation.