Partial Indemnification Clause Example from Business Contracts
This example Partial Indemnification clause appears in 2 contracts from 2 companies
Partial Indemnification. In the event Indemnitee is entitled to indemnification hereunder for a portion of the Expenses, judgments, fines, penalties and amounts paid in settlement actually and reasonably incurred by him in the investigation, defense, appeal or settlement of any Claim but not, however, for the total amount thereof, the Corporation shall indemnify Indemnitee for the portion thereof to which Indemnitee is entitled.
Found in
Independent Bank Corp. contract
MACATAWA BANK CORP Contracts
Form of Indemnity Agreement between Macatawa Bank Corporation and certain of its directors (Filed With SEC on February 18, 2016)
Independent Bank Corp. Contracts
The form of Indemnity Agreement, as executed with all of the directors of the registrant (Filed With SEC on December 29, 2017)