Common use of Expenses of Independent Counsel Clause in Contracts

Expenses of Independent Counsel. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his or her selection until a court has determined that such objection is without a reasonable basis.

Appears in 9 contracts

Samples: Indemnification Agreement (Rocky Mountain Chocolate Factory, Inc.), Board of Directors Agreement (Knightscope, Inc.), Form of Indemnification Agreement (Rocky Mountain Chocolate Factory Inc)

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Expenses of Independent Counsel. The Corporation Company shall pay any ------------------------------- and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his or her selection until a court has determined that such objection is without a reasonable basis.

Appears in 1 contract

Samples: Indemnity Agreement (Triangle Pacific Corp)

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Expenses of Independent Counsel. The Corporation shall pay any and all reasonable fees and expenses of Independent Counsel incurred acting pursuant to this Agreement and in any proceeding to which it is a party or witness in respect of its investigation and written report and shall pay all reasonable fees and expenses incident to the procedures in which such Independent Counsel was selected or appointed. No Independent Counsel may serve if a timely objection has been made to his or her selection until a court has determined that such objection is without a reasonable basis.. ​ ​ ​

Appears in 1 contract

Samples: Board of Directors Agreement (Knightscope, Inc.)

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