Tag: Indemnification

September 17, 2010

For Convicted CEO, Legal Fee Payment Depends on the Agreement

When is a company obliged to pay the legal fees of a wayward employee? The answer generally depends on the precise wording of the employee agreement, if an agreement exists.   A good case in point is the recent one of Frances Flood, the CEO of ClearOne Communications, who left the company in 2004 while… Read More