Common use of Agreement to Advance Expenses; Conditions Clause in Contracts

Agreement to Advance Expenses; Conditions. The Company shall pay to Indemnitee all Indemnifiable Expenses incurred by Indemnitee in connection with any Proceeding, including a Proceeding by or in the right of the Company, in advance (unless prohibited by applicable laws) of the final disposition of such Proceeding. Indemnitee hereby undertakes to repay the amount of Indemnifiable Expenses paid to Indemnitee if it is finally determined by a court of competent jurisdiction that Indemnitee is not entitled under this Agreement to, or is prohibited by applicable law from, indemnification with respect to such Expenses. This undertaking is an unlimited general obligation of Indemnitee.

Appears in 6 contracts

Samples: Director Indemnification Agreement (Front Porch Digital Inc), Director Indemnification Agreement (Front Porch Digital Inc), Director Indemnification Agreement (Front Porch Digital Inc)

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