Patriot Coal Corp. – Indemnification Agreement (November 6th, 2007)
This Indemnification Agreement, dated as of November 1, 2007, is made by and between PATRIOT COAL CORPORATION, a Delaware corporation (the Corporation) and B. R. Brown (the Indemnitee).
Contract (March 4th, 2004)
Exhibit 10.48 INDEMNIFICATION AGREEMENT This Indemnification Agreement, dated as of December 9, 2003, is made by and between PEABODY ENERGY CORPORATION, a Delaware corporation (the "Corporation") and B. R. BROWN (the "Indemnitee"). RECITALS A. The Corporation recognizes that competent and experienced persons are increasingly reluctant to serve or to continue to serve as directors or officers of corporations unless they are protected by comprehensive liability insurance or indemnification, or both, due to increased exposure to litigation costs and risks resulting from their service to such corporations, and due to the fact that the exposure frequently bears no reasonable relationship to the compensation of such directors and officers; B. The statutes and judicial decisions regarding the duties of directors and officers are often difficult to apply, ambig