Common use of Payment Within 30 Days Clause in Contracts

Payment Within 30 Days. After the final disposition of any ---------------------- Proceeding, the Indemnitee may send to the Company a written request for indemnification, accompanied by written documentation of the Indemnitee's obligation to pay the Expenses, judgments and fines and similar penalties for which indemnification is requested. No later than 30 days following receipt by the Company of such request, the Company shall pay the Expenses, judgments and fines and similar penalties or reimburse the Indemnitee therefor (as the case may be) unless, during such 30-day period (i) the Company determines that the indemnification request is not permitted by the laws of the State of Delaware then in effect, or (ii) with respect to indemnification under Sections 3 and 4, the adverse determination described in Section 6 is made.

Appears in 11 contracts

Samples: Indemnification Agreement (Inference Corp /Ca/), Indemnification Agreement (Inference Corp /Ca/), Indemnification Agreement (Inference Corp /Ca/)

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Payment Within 30 Days. After the final disposition of any ---------------------- Proceeding, ---------------------- the Indemnitee may send to the Company a written request for indemnification, accompanied by written documentation of the Indemnitee's obligation to pay the Expenses, judgments and fines and similar penalties for which indemnification is requested. No later than 30 days following receipt by the Company of such request, the Company shall pay the Expenses, judgments and fines and similar penalties or reimburse the Indemnitee therefor (as the case may be) unless, during such 30-day period (i) the Company determines that the indemnification request is not permitted by the laws of the State of Delaware then in effect, or (ii) with respect to indemnification under Sections 3 and 4, the adverse determination described in Section 6 is made.

Appears in 1 contract

Samples: Indemnification Agreement (Inference Corp /Ca/)

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