Common use of Advances of Expenses Clause in Contracts

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 55 contracts

Samples: Employment Agreement (Star Mountain Resources, Inc.), Employment Agreement (Praco Corp), Employment Agreement (Praco Corp)

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Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 44 contracts

Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.), Employment Agreement (Clear Channel Communications Inc), Employment Agreement (Clear Channel Outdoor Holdings, Inc.)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 31 contracts

Samples: Employment Agreement (Stewart Information Services Corp), Employment Agreement (Vantage Drilling International), Employment Agreement (Stewart Information Services Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in Expenses and upon the event that the Executive shall have delivered in writing to the Company (i) Executive’s delivery of an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been metindemnification.

Appears in 9 contracts

Samples: Employment Agreement (Neff Corp), Employment Agreement (Neff Corp), Employment Agreement (Neff Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his or her good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 8 contracts

Samples: Employment Agreement (Stewart Information Services Corp), Employment Agreement (Stewart Information Services Corp), Employment Agreement (Stewart Information Services Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event provided that prior to such advance the Executive shall have delivered in writing provide the Company with a written undertaking to repay such advances to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive if it shall ultimately be determined that he is not entitled to indemnification and (ii) a statement of his good faith belief that be indemnified as authorized under the standard of conduct necessary for indemnification by the Company has been metNew York Business General Corporation Law.

Appears in 7 contracts

Samples: Employment Agreement (Aris Industries Inc), Employment Agreement (Aris Industries Inc), Employment Agreement (Aris Industries Inc)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, ; but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 6 contracts

Samples: Employment Agreement (New Plan Excel Realty Trust Inc), Employment Agreement (New Plan Excel Realty Trust Inc), Employment Agreement (New Plan Excel Realty Trust Inc)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 4 contracts

Samples: Employment Agreement (Live Nation Entertainment, Inc.), Employment Agreement (Live Nation Entertainment, Inc.), Employment Agreement (Live Nation, Inc.)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his her good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 3 contracts

Samples: Employment Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling International), Employment Agreement (Vantage Drilling CO)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon written request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 2 contracts

Samples: Executive Employment Agreement (China Precision Steel, Inc.), Executive Employment Agreement (China Precision Steel, Inc.)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon written request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 2 contracts

Samples: Employment Agreement (Thorium Power, LTD), Employment Agreement (Thorium Power, LTD)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expensesexpenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his Executive’s good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 2 contracts

Samples: Employment Agreement (Stewart Information Services Corp), Employment Agreement (Stewart Information Services Corp)

Advances of Expenses. Expenses incurred that are incurred, or reasonably expected to be incurred, by the Executive in connection with any Proceeding shall be paid by the Company or an Affiliate in advance upon the request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the it is determined that Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been methereunder.

Appears in 2 contracts

Samples: Consulting Agreement (Vaalco Energy Inc /De/), Severance and Consulting Agreement (Vaalco Energy Inc /De/)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in Expenses and upon the event that the Executive shall have delivered in writing to the Company (i) Executive's delivery of an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been metindemnification.

Appears in 2 contracts

Samples: Employment Agreement (Neff Corp), Employment Agreement (Neff Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his her good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 2 contracts

Samples: Employment Agreement (Wikiloan Inc.), Employment Agreement (Martha Stewart Living Omnimedia Inc)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon written request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his her good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Executive Employment Agreement (China Precision Steel, Inc.)

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Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company Company, in advance advance, upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Employment Agreement (Price Legacy Corp)

Advances of Expenses. Expenses incurred by the Executive in connection -------------------- with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) Expenses and upon Executive's delivery of an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been metindemnification.

Appears in 1 contract

Samples: Executive Employment Agreement (Tellium Inc)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; provided, but only in the event however, if it is determined that the Executive was not entitled to indemnification hereunder he shall have delivered in writing to the Company (i) an undertaking to promptly reimburse the Company for Expenses with respect any expenses advanced to which the Executive is not entitled to indemnification and (ii) a statement of or on his good faith belief that the standard of conduct necessary for indemnification by the Company has been metbehalf.

Appears in 1 contract

Samples: Employment Agreement (Jwiz, Inc.)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his her good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Employment Agreement (Price Legacy Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, ; but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his her good faith belief that the standard of conduct necessary there are grounds for indemnification by the Company has been metsuch expenses.

Appears in 1 contract

Samples: Employment Agreement (Centro NP LLC)

Advances of Expenses. Expenses incurred by the Executive in -------------------- connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in Expenses and upon the event that the Executive shall have delivered in writing to the Company (i) Executive's delivery of an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been metindemnification.

Appears in 1 contract

Samples: Employment Agreement (PHP Healthcare Corp)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect 12 13 to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Employment Agreement (New Plan Excel Realty Trust Inc)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses; but, but only in the event that the Executive shall have 38 39 delivered in writing to the Company (i) an undertaking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement an affirmation of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Employment Agreement (Vornado Realty Trust)

Advances of Expenses. Expenses incurred by the Executive in connection with any Proceeding shall be paid by the Company in advance upon request of the Executive that the Company pay such Expenses, but only in the event that the Executive shall have delivered in writing to the Company (i) an undertaking unde1taking to reimburse the Company for Expenses with respect to which the Executive is not entitled to indemnification and (ii) a statement of his good faith belief that the standard of conduct necessary for indemnification by the Company has been met.

Appears in 1 contract

Samples: Employment Agreement (Inotiv, Inc.)

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