Common use of Expenses Indemnification Procedure Clause in Contracts

Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSES. The Company shall advance all expenses incurred by Indemnitee in connection with the investigation, defense, settlement, or appeal of any civil or criminal action or proceeding referenced in Section 1(a) or (b) hereof. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorized hereby. The advances to be made hereunder shall be paid by the Company to Indemnitee within twenty (20) days following delivery of a written request therefor by Indemnitee to the Company.

Appears in 3 contracts

Samples: Indemnification Agreement (Dynacq Healthcare Inc), Indemnification Agreement (Gulfslope Energy, Inc.), Indemnification Agreement (Texas South Energy, Inc.)

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Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSESAdvancement of Expenses. The Company shall advance all expenses incurred by Indemnitee in connection with the investigation, defense, settlement, settlement or appeal of any civil or criminal action action, suit or proceeding referenced in Section 1(a) or (b) hereof. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that the Indemnitee is not entitled to be indemnified by the Company as authorized hereby. The advances to be made hereunder shall be paid by the Company to the Indemnitee within twenty (20) days following delivery of a written request therefor by Indemnitee to the Company.

Appears in 1 contract

Samples: Indemnification Agreement (E Tek Dynamics Inc)

Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSESAdvancement of Expenses. The Company shall advance any and all expenses incurred by Indemnitee in connection with the investigation, defense, settlement, settlement or appeal of any civil or criminal action or proceeding referenced Proceeding in Section 1(a) or advance of its final disposition (b) hereofbut not amounts actually paid in settlement of any such Proceeding). Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorized herebyby this Agreement. The advances to be made hereunder shall be paid by the Company to Indemnitee within twenty (20) 20 days following delivery of a written request therefor by Indemnitee to the Company, accompanied by such supporting documentation as may be reasonably requested by the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Emergency Medical Services L.P.)

Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSESAdvancement of Expenses. The Company shall advance all expenses incurred by Indemnitee in connection with the investigation, defense, settlement, settlement or appeal of any civil or criminal action action, suit or proceeding referenced in Section 1(a) or (b) hereof. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorized hereby. The advances to be made hereunder shall be paid by the Company to Indemnitee within twenty (20) days following delivery of a written request therefor by Indemnitee to the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Read Rite Corp /De/)

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Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSESAdvancement of Expenses. The Company shall advance all expenses incurred by Indemnitee in connection with the investigation, defense, settlement, settlement or appeal of any civil or criminal action or proceeding referenced in Section 1(a) or (b) hereof. Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined by a court of competent jurisdiction that Indemnitee is not entitled to be indemnified by the Company as authorized hereby. The advances to be made hereunder shall be paid by the Company to Indemnitee within twenty thirty (2030) days following delivery of a written request therefor by Indemnitee to the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Lipid Sciences Inc/)

Expenses Indemnification Procedure. (a) ADVANCEMENT OF EXPENSESAdvancement of Expenses. The Company shall advance all expenses ----------------------- incurred by Indemnitee in connection with the investigation, defense, settlement, settlement or appeal of any civil or criminal action or proceeding referenced in Section 1(a) or (b) hereofhereof (but not amounts actually paid in settlement of any such action or proceeding). Indemnitee hereby undertakes to repay such amounts advanced only if, and to the extent that, it shall ultimately be determined that Indemnitee is not entitled to be indemnified by the Company as authorized hereby. The advances to be made hereunder shall be paid by the Company to Indemnitee within twenty (20) days following delivery of a written request therefor by Indemnitee to the Company.

Appears in 1 contract

Samples: Indemnification Agreement (Genesys Telecommunications Laboratories Inc)

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