Common use of Payment of Indemnification Clause in Contracts

Payment of Indemnification. (a) Expenses incurred by Indemnitee and subject to indemnification under Section 3 above shall be paid directly by the Corporation or reimbursed to Indemnitee within ten days after the receipt of a written request of Indemnitee providing that Indemnitee undertakes to repay any amount paid or advanced under this Section if and to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification under Section 3.

Appears in 2 contracts

Samples: Director Indemnity Agreement (Interleukin Genetics Inc), Director Indemnity Agreement (Interleukin Genetics Inc)

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Payment of Indemnification. (a) Expenses incurred by the Indemnitee and subject to indemnification under Section 3 above shall be paid directly by the Corporation or reimbursed to the Indemnitee within ten two (2) days after the receipt of a written request of the Indemnitee providing that Indemnitee undertakes to repay any amount paid or advanced under this Section if and section to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification under Section 3such indemnification.

Appears in 2 contracts

Samples: Indemnification Agreement (Wolverine World Wide Inc /De/), Indemnification Agreement (Wolverine World Wide Inc /De/)

Payment of Indemnification. (a) Expenses incurred by the Indemnitee and subject to indemnification under Section 3 above shall be paid directly by the Corporation or reimbursed to the Indemnitee within ten two (2) days after the receipt of a written request of the Indemnitee providing that Indemnitee undertakes to repay any amount paid or advanced under this Section if and to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification under Section 3such indemnification.

Appears in 1 contract

Samples: Indemnity Agreement (Manatron Inc)

Payment of Indemnification. (a) Expenses incurred by the Indemnitee and subject to indemnification under Section 3 above shall be paid directly by the Corporation Company or reimbursed to the Indemnitee within ten two (2) days after the receipt of a written request of the Indemnitee providing that Indemnitee undertakes to repay any amount paid or advanced under this Section if and to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification under Section 3.

Appears in 1 contract

Samples: Indemnity Agreement (Miller Exploration Co)

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Payment of Indemnification. (a) Expenses incurred by the Indemnitee and subject to indemnification under Section 3 above shall be paid directly by the Corporation Xxxxxxxx or reimbursed to the Indemnitee within ten two (2) days after the receipt of a written request of the Indemnitee providing that Indemnitee undertakes to repay any amount paid or advanced under this Section if and to the extent that it is ultimately determined that Indemnitee is not entitled to indemnification under Section 3such indemnification.

Appears in 1 contract

Samples: Indemnity Agreement (Hastings Manufacturing Co)

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