Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreement.
Appears in 80 contracts
Samples: Independent Director Agreement (Virax Biolabs Group LTD), Independent Director Agreement (Keyuan Petrochemicals, Inc.), Independent Director Agreement (Sunity Online Entertainment LTD)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, or seeks payment of insurance under Section 14 below, and the Company fails to make such payment or advancement is not made in a timely manner manner: (i) by the Company pursuant to the terms of this Agreement, or (ii) by any insurer pursuant to the terms of its insurance policy, then the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreementor any insurer’s obligations.
Appears in 9 contracts
Samples: Independent Director Agreement (Lihua International Inc.), Independent Director Agreement (Lihua International Inc.), Independent Director Agreement (Lihua International Inc.)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s 's obligations under this Agreement.
Appears in 5 contracts
Samples: Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreement.
Appears in 5 contracts
Samples: Director Agreement (Geltology Inc), Director Agreement (Sunity Online Entertainment LTD), Director Agreement (Sunity Online Entertainment LTD)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, or seeks payment of insurance under Section 14, below, and the Company fails to make such payment or advancement is not made in a timely manner (i) by the Company, pursuant to the terms of this Agreement, or (ii) by any insurance carrier(s), pursuant to the terms of their respective insurance policies, then the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreementor the carrier(s) respective obligations.
Appears in 3 contracts
Samples: Independent Director Agreement (China Integrated Energy, Inc.), Independent Director Agreement (China Integrated Energy, Inc.), Independent Director Agreement (China Integrated Energy, Inc.)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 97,9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreement.
Appears in 3 contracts
Samples: Independent Director Agreement (Sunity Online Entertainment LTD), Independent Director Agreement (Sunity Online Entertainment LTD), Independent Director Agreement (Sunity Online Entertainment LTD)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 76, 98-11 10 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s obligations under this Agreement.
Appears in 3 contracts
Samples: Director Agreement (Keyuan Petrochemicals, Inc.), Director Agreement (Keyuan Petrochemicals, Inc.), Director Agreement (Keyuan Petrochemicals, Inc.)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s 's obligations under this Agreement.. (b)
Appears in 1 contract
Samples: Independent Director Agreement (Phoenix Motor Inc.)
Right to Petition Court. In the event that the Independent Director makes a request for payment of Indemnifiable Amounts under Sections 7, 9-11 above, and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, the Independent Director may petition the appropriate judicial authority to enforce the Company’s 's obligations under this Agreement.
Appears in 1 contract
Samples: Independent Director Agreement (China BCT Pharmacy Group, Inc.)
