Legal Defense and Indemnification

Summary

This policy provides a procedure for the reporting of incidents that could lead to potential claims arising by the actions of employees in the performance of their duties.

Body

Purpose

The College will furnish all employees with legal defense through legal counsel selected by the College and with payment of judgments, fines, penalties, settlements, and any other expenses actually and reasonably incurred in connection with an actual or threatened civil, criminal, administrative, or investigative action; claim; or proceeding brought against the employee because they are an employee of the College or serving as a representative outside the College.

The College, in its sole discretion, shall be entitled to assume and control the defense of a covered Action. If the College chooses not to assume and control the defense of a covered Action, it shall have the right to approve in advance any legal counsel engaged by a covered person for that Action. The College has the sole discretion to make or approve any settlement of a covered Action.

The benefits of this policy do not enlarge the rights which would have been available to any third-party plaintiff or claimant in the absence of this policy.

The College reserves the right to change or withdraw this policy in its sole discretion, except as to Actions based on acts or omissions which occurred before the change or withdrawal of the policy. Notice of any change or withdrawal will be published in a publication of general circulation at the College.

If an employee is named in a law suit, he/she has the right to seek advice from their own legal counsel.

Details

Details

Article ID: 141978
Created
Tue 9/20/22 10:51 AM
Modified
Fri 10/14/22 2:56 PM

Attachments

pdf

Legal Defense and Indemnification Policy.pdf OneDrive for Business

Fri 10/14/22 2:56 PM
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