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 of the final disposition of such Proceeding, as the same are incurred; provided that 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 indemnification with respect to such Expenses. This undertaking is an unlimited and unsecured general obligation of Indemnitee and no interest shall be charged thereon.
Appears in 2 contracts
Samples: Indemnification Agreement (Qorvo, Inc.), Indemnification Agreement (M/a-Com Technology Solutions Holdings, Inc.)
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 of the final disposition of such Proceeding, as if Indemnitee furnishes the same are incurred; provided that Indemnitee hereby undertakes Company with a written undertaking to repay the amount of such Indemnifiable Expenses paid advanced to Indemnitee if it is finally determined by a court of competent jurisdiction that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses. This undertaking is an unlimited and unsecured general obligation of Indemnitee and no interest Indemnitee, shall be charged thereonaccepted by the Company without regard to the financial ability of Indemnitee to make repayment, and in no event shall be required to be secured.
Appears in 2 contracts
Samples: Director Indemnification Agreement (Cardtronics LP), Director Indemnification Agreement (Eyeblaster Inc)
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 of the final disposition of such Proceeding, as if Indemnitee furnishes the same are incurred; provided that Indemnitee hereby undertakes Company with a written undertaking to repay the amount of such Indemnifiable Expenses paid advanced to Indemnitee if it is finally determined by a court of competent jurisdiction that Indemnitee is not entitled under this Agreement or under Delaware law to indemnification with respect to such Expenses. This undertaking is an unlimited and unsecured general obligation of Indemnitee and no interest Indemnitee, shall be charged thereonaccepted by the Company without regard to the financial ability of Indemnitee to make repayment, and in no event shall be required to be secured.
Appears in 1 contract
Samples: Director Indemnification Agreement (Velocity Asset Management Inc)
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 of whether prior to or after the final disposition of such Proceeding, as if Indemnitee furnishes the same are incurred; provided that Indemnitee hereby undertakes Company with a written undertaking to repay the amount of such Indemnifiable Expenses paid advanced to Indemnitee if it is finally determined by a court of competent jurisdiction that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses. This undertaking is an unlimited and unsecured general obligation of Indemnitee and no interest Indemnitee, shall be charged thereonaccepted by the Company without regard to the financial ability of Indemnitee to make repayment, and in no event shall be required to be secured.
Appears in 1 contract
Samples: Indemnification Agreement (Monotype Imaging Holdings Inc.)