Common use of INDEMNIFICATION FOR EXPENSES Clause in Contracts

INDEMNIFICATION FOR EXPENSES. (a) Anything contained in this Indemnification Agreement or elsewhere to the contrary notwithstanding, to the extent that the INDEMNIFIED PARTY has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in Section 1 or 2 of this Indemnification Agreement, or in defense of any claim, issue or matter therein, she shall be promptly indemnified by BANCORP against expenses (including, without limitation, attorneys' fees, filing fees, court reporters' fees, transcript costs and investigative costs) actually and reasonably incurred by her in connection therewith.