Common use of Advancement and Repayment of Expenses Clause in Contracts

Advancement and Repayment of Expenses. (a) Indemnitee shall have the right to advancement by the Company, prior to the final disposition of any Indemnifiable Claim by final adjudication to which there are no further rights of appeal, of any and all expenses (including legal fees and expenses) actually and reasonably paid or incurred by Indemnitee in connection with any Indemnifiable Claim within thirty (30) days after receiving from Indemnitee copies of invoices presented to Indemnitee for such expenses. Indemnitee’s right to such advancement is not subject to the satisfaction of any standard of conduct.

Appears in 5 contracts

Samples: Indemnification Agreement (Avaya Inc), Indemnification Agreement (Shutterstock, Inc.), Indemnification Agreement (JMP Group LLC)

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Advancement and Repayment of Expenses. (a) Indemnitee shall have the right to advancement by the Company, prior to the final disposition of any Indemnifiable Claim Proceeding by final adjudication to which there are no further rights of appeal, of any and all expenses (including legal fees and expenses) Expenses actually and reasonably paid or incurred by Indemnitee in connection with any Indemnifiable Claim Proceeding within thirty (30) days after receiving from Indemnitee copies of invoices presented to Indemnitee for such expensesExpenses. Indemnitee’s right to such advancement is not subject to the satisfaction of any standard of conduct.

Appears in 1 contract

Samples: Indemnification Agreement (Invuity, Inc.)

Advancement and Repayment of Expenses. (a) Indemnitee shall have the right to advancement by the Company, prior to the final disposition of any Indemnifiable Claim by final adjudication to which there are no further rights of appeal, of any and all expenses (including legal fees and expenses) actually and reasonably paid or incurred by Indemnitee in connection with any Indemnifiable Claim within thirty (30) days after receiving from Indemnitee copies of invoices presented to Indemnitee for such expenses. Indemnitee’s 's right to such advancement is not subject to the satisfaction of any standard of conduct.

Appears in 1 contract

Samples: Indemnification Agreement (Silicon Graphics International Corp)

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Advancement and Repayment of Expenses. (a) Indemnitee shall have the right to advancement by the Company, prior to the final disposition of any Indemnifiable Claim by final adjudication to which there are no further rights of appeal, of any and all expenses (including legal fees and expenses) actually and reasonably paid or incurred by Indemnitee in connection with any Indemnifiable Claim within thirty ten (3010) days after receiving from Indemnitee copies of invoices presented to Indemnitee for such expenses. Indemnitee’s right to such advancement is not subject to the satisfaction of any standard of conduct.

Appears in 1 contract

Samples: Indemnification Agreement (Synopsys Inc)

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