Common use of Indemnity of Committee Clause in Contracts

Indemnity of Committee. The Company shall indemnify and hold harmless the members of the Committee against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Committee or any of its members.

Appears in 2 contracts

Samples: Employment Agreement (Ryland Group Inc), Employment Agreement (Ryland Group Inc)

AutoNDA by SimpleDocs

Indemnity of Committee. The Company shall indemnify and hold harmless the members of the Committee against any and all claims, lossesloss, damagesdamage, expenses expense (including counsel fees) or liabilities liability (including any amounts paid in settlement of any claim or any other matter with the consent of the Board) arising from any action or failure to act with respect to this AgreementPlan on account of such member’s service on the Committee, except in the case of gross negligence or willful misconduct by the Committee or any of its membersmisconduct.

Appears in 2 contracts

Samples: Ametek (Ametek Inc/), Ametek Inc/

Indemnity of Committee. The To the extent permitted by applicable law, the Company shall indemnify and indemnify, hold harmless and defend the members of the Committee against any and all claims, lossesloss, damagesdamage, expenses expense or liabilities liability arising from any action or failure to act with respect to this AgreementPlan, except in with respect to acts of gross negligence on the case part of willful misconduct by the any Committee or any of its membersmember.

Appears in 1 contract

Samples: Trust Agreement (Egghead Inc /Wa/)

Indemnity of Committee. The Company shall indemnify and hold harmless the members of the Committee against any and all claims, lossesloss, damagesdamage, expenses expense, or liabilities liability arising from any action or failure to act with respect to this AgreementPlan, except in the case of gross negligence or willful misconduct by the Committee or any of its membersmisconduct.

Appears in 1 contract

Samples: North Bay Bancorp/Ca

AutoNDA by SimpleDocs

Indemnity of Committee. The Company shall will indemnify and hold harmless the ---------------------- members of the Committee against any and all claims, lossesloss, damagesdamage, expenses expense or liabilities liability arising from any action or failure to act with respect to this AgreementPlan, except in the case of the Committee's gross negligence or willful misconduct by the Committee or any of its membersmisconduct.

Appears in 1 contract

Samples: Preferred Share Rights Agreement

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