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WSBC » Topics » 10.4 Indemnification of Administrator

This excerpt taken from the WSBC 10-K filed Mar 10, 2006.

10.4 Indemnification of Administrator

The Employer agrees to indemnify and to defend to the fullest extent permitted by law any Employee serving in the Human Resources Department or otherwise as a delegate or agent of the Board (including any Employee or former Employee who is serving or formerly served as a delegate or agent of the Board) against all liabilities, damages, costs and expenses (including attorney’s fees and amounts paid in settlement of any claims approved by the Employer) occasioned by any act or omission to act in connection with the DCP, if such act or omission is or was in good faith.

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