Common use of Payment Obligations Clause in Contracts

Payment Obligations. If litigation after a Change in Control shall be brought to enforce or interpret any provision contained herein, the Employer and Avocent Corporation, to the extent permitted by applicable law and the Employer’s and Avocent Corporation’s Articles of Incorporation and Bylaws, each hereby indemnifies the Employee for the Employee’s reasonable attorneys’ fees and disbursements incurred in such litigation.

Appears in 30 contracts

Samples: Employment and Noncompetition Agreement (Avocent Corp), Employment and Noncompetition Agreement (Avocent Corp), Employment and Noncompetition Agreement (Avocent Corp)

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Payment Obligations. If litigation after a Change in Control shall be brought to enforce or interpret any provision contained herein, the Employer and Avocent Corporation, to the extent permitted by applicable law and the Employer’s 's and Avocent Corporation’s 's Articles of Incorporation and Bylaws, each hereby indemnifies the Employee for the Employee’s 's reasonable attorneys' fees and disbursements incurred in such litigation.

Appears in 10 contracts

Samples: Employment and Noncompetition Agreement (Avocent Corp), Employment and Noncompetition Agreement (Avocent Corp), Employment and Noncompetition Agreement (Avocent Corp)

Payment Obligations. If litigation after a Change in Control shall be brought to enforce or interpret any provision contained herein, the Employer and Avocent CorporationEmployer, to the extent permitted by applicable law and the Employer’s and Avocent Corporation’s 's Articles of Incorporation and Bylaws, each hereby indemnifies the Employee for the Employee’s 's reasonable attorneys' fees and disbursements incurred in such litigation.

Appears in 6 contracts

Samples: Employment and Noncompetition Agreement (Cybex Computer Products Corp), Employment and Noncompetition Agreement (Cybex Computer Products Corp), Employment and Noncompetition Agreement (Cybex Computer Products Corp)

Payment Obligations. If litigation after a Change in Control shall be brought to enforce or interpret any provision contained herein, the Employer and Avocent Corporation, to the extent permitted by applicable law and the Employer’s and Avocent Corporation’s Articles Certificate of Incorporation and Bylaws, each hereby indemnifies the Employee for the Employee’s reasonable attorneys’ fees and disbursements incurred in such litigation.

Appears in 1 contract

Samples: Employment Agreement (Avocent Corp)

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Payment Obligations. If litigation after a Change in Control shall be brought to enforce or interpret any provision contained herein, the Employer and Avocent CorporationEmployer, to the extent permitted by applicable law and the Employer’s 's Amended and Avocent Corporation’s Restated Articles of Incorporation and Amended and Restated Bylaws, each hereby indemnifies the Employee for the Employee’s 's reasonable attorneys' fees and disbursements incurred in such litigation.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (Cybex Computer Products Corp)

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