Laserfiche WebLink
: ', , " • � <br /> Board members, officers, employees or agents) even though there <br /> has not been a final determination of the claim, action, suit or <br /> proceeding in which the losses are incurred. In case any action <br /> shall be brought against the Authority (and its Board members, <br /> officers, employees or agents) in respect of which indemnity may <br /> be sought against the City, the Authority shall promptly notify <br /> the City in writing and the City shall have the right to assume <br /> the investigation and defense thereof, including the employment <br /> of counsel and the payment of all expenses . If the City assumes <br /> the investigation and defense of such action, the Authority shall <br /> have the right to employ separate counsel in any such action and <br /> participate in the investigation and defense thereof, but the <br /> fees and expenses of such counsel shall be paid by the Authority <br /> unless the employment of such counsel has been authorized by the <br /> City. If the City does not assume the investigation and defense <br /> of such action, then the Authority shall proceed with such <br /> investigation and defense by the employment of counsel and the <br /> fees, costs and expenses of such counsel, as well as any losses, <br /> as that term is defined herein, shall be paid by the City under <br /> the terms of this paragraph 7. If any claim or action is settled <br /> or if there be a final unappealable judgment for the plaintiff in <br /> any action, the City agrees to indemnify and hold harmless the <br /> -10- <br />