Common use of Independent Counsel Expenses Clause in Contracts

Independent Counsel Expenses. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article 5. and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a Court has determined that such objection is without a reasonable basis.

Appears in 11 contracts

Samples: Indemnification Agreement (Syntroleum Corp), Indemnification Agreement (Syntroleum Corp), Indemnification Agreement (Syntroleum Corp)

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Independent Counsel Expenses. The Corporation Company shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article 5. and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a Court court has determined that such objection is without a reasonable basis.

Appears in 10 contracts

Samples: Indemnification Agreement (Pogo Producing Co), Indemnification Agreement (Pogo Producing Co), Indemnification Agreement (Pogo Producing Co)

Independent Counsel Expenses. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article 5. and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a Court court has determined that such objection is without a reasonable basis.

Appears in 4 contracts

Samples: Form of Indemnification Agreement (Dream Finders Homes, Inc.), Indemnification Agreement (Dril-Quip Inc), Indemnification Agreement (Todco)

Independent Counsel Expenses. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article 5. article and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection selection, until a Court court has determined that such objection is without a reasonable basis.

Appears in 3 contracts

Samples: Performance Asset Management Company Indemnification Agreement (Performance Asset Management Co), Management Company Indemnification Agreement (Performance Asset Management Co), Performance Asset Management Company Indemnification Agreement (Performance Asset Management Co)

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Independent Counsel Expenses. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article ARTICLE 5. and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a Court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Indemnification Agreement (SLH Corp)

Independent Counsel Expenses. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Article 5. and in any proceeding to which it is a party or witness in ----------- 6 respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his selection until a Court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Indemnification Agreement (Syntroleum Corp)

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