Common use of Advancement and Repayment of Expenses Clause in Contracts

Advancement and Repayment of Expenses. (a) In the event that Officer employs his or her own counsel pursuant to Section 10(b)(i) through (iii) above, Corporation shall advance to Officer, prior to any final disposition of any Proceeding any and all Expenses incurred in investigating or defending any such Proceeding within ten (10) days after receiving copies of invoices presented to Officer for such Expenses.

Appears in 7 contracts

Samples: Form of Indemnification Agreement (White House Inc/Md), Indemnification Agreement (Collegeclub Com Inc), Indemnification Agreement (Comps Com Inc)

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Advancement and Repayment of Expenses. (a) In the event that Officer employs his or her own counsel pursuant to Section 10(b)(i6(b)(i) through (iii) above, Corporation shall advance to Officer, prior to any final disposition of any Proceeding threatened or pending action, suit or proceeding, whether civil, criminal, administrative or investigative, any and all Expenses reasonable expenses (including legal fees and expenses) incurred in investigating or defending any such Proceeding action, suit or proceeding within ten (10) days after receiving copies of invoices presented to Officer for such Expensesexpenses.

Appears in 6 contracts

Samples: Indemnification Agreement (Ligand Pharmaceuticals Inc), Indemnification Agreement (Corsair Communications Inc), Indemnification Agreement (Rhythms Net Connections Inc)

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Advancement and Repayment of Expenses. (a) In If the event that Officer employs his or her own counsel pursuant to Section 10(b)(i) through (iii) above, Corporation the Company shall advance to the Officer, prior to any final disposition of any Proceeding any and Proceeding, all Expenses incurred in investigating or defending any such Proceeding within ten (10) 30 days after receiving copies of invoices presented to the Officer for such Expenses.

Appears in 4 contracts

Samples: Indemnification Agreement (Covalent Group Inc), Indemnification Agreement (Covalent Group Inc), Indemnification Agreement (Covalent Group Inc)

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