Common use of Advancement and Repayment of Expenses Clause in Contracts

Advancement and Repayment of Expenses. (a) In the event that Director employs his or her own counsel pursuant to Section 10(b)(i) through (iii) above, Corporation shall advance to Director, 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 Director for such Expenses.

Advancement and Repayment of Expenses. (a) In If the event that Director employs his or her own counsel pursuant to Section 10(b)(i) through (iii) above, Corporation the Company shall advance to the Director, 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 Director for such Expenses.