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