Common use of Indemnification Payment Clause in Contracts

Indemnification Payment. Indemnitee shall be entitled to indemnification of Expenses, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to Indemnitee’s entitlement to indemnification shall notify Indemnitee of such written determination no later than two (2) business days thereafter.

Appears in 5 contracts

Samples: Indemnification Agreement (Intel Corp), Indemnification Agreement (Intel Corp), Indemnification Agreement (Powersecure International, Inc.)

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Indemnification Payment. Indemnitee shall be entitled to indemnification of Expensesindemnification, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to Indemnitee’s 's entitlement to indemnification shall notify Indemnitee of such written determination no later than two (2) business days thereafter.

Appears in 2 contracts

Samples: Indemnification Agreement (Radisys Corp), Indemnification Agreement (Radisys Corp)

Indemnification Payment. Indemnitee shall be entitled to indemnification of Expensesindemnification, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to Indemnitee’s entitlement to indemnification shall notify Indemnitee of such written determination no later than two five (25) business days thereafter.

Appears in 1 contract

Samples: Indemnification Agreement (Electro Scientific Industries Inc)

Indemnification Payment. Indemnitee shall be entitled to indemnification of ExpensesExpenses actually and reasonably paid by Indemnitee, and shall receive payment thereof, from the Company Corporation in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company Corporation for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company Corporation that Indemnitee is not entitled to indemnification under applicable lawhereunder. The Reviewing Party making the determination with respect to Indemnitee’s entitlement to indemnification shall notify Indemnitee of such written determination no later than two (2) business days thereafterafter the determination is made.

Appears in 1 contract

Samples: Indemnification Agreement (K2 Inc)

Indemnification Payment. Indemnitee shall be entitled to indemnification of Expenses, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty twenty (3020) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to Indemnitee’s entitlement to indemnification shall notify Indemnitee of such written determination no later than two (2) business days thereafter.

Appears in 1 contract

Samples: Indemnification Agreement (Westell Technologies Inc)

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Indemnification Payment. Indemnitee shall be entitled to indemnification of Applicable Expenses, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such reasonable supporting documentation and information as is reasonably in the possession of Indemnitee or available to Indemnitee and is reasonably necessary with respect to determine whether and to what extent Indemnitee is entitled to Indemnitee’s demand for indemnification), unless the Reviewing Party has provided to the Company and Indemnitee, within such thirty (30) calendar days, a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to Indemnitee’s entitlement to indemnification shall notify under this Agreement is required to be determined under applicable law, and that the Reviewing Party has determined that Indemnitee of such written determination no later than two (2) business days thereafteris not entitled, under applicable law, to indemnification under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (Raymond James Financial Inc)

Indemnification Payment. Indemnitee shall be entitled to indemnification of Expenses, and shall receive payment thereof, from the Company in accordance with this Agreement within thirty (30) calendar days after Indemnitee has made written demand on the Company for indemnification (which written demand shall include such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification), unless the Reviewing Party has provided a written determination to the Company that Indemnitee is not entitled to indemnification under applicable law. The Reviewing Party making the determination with respect to IndemniteeIxxxxxxxxx’s entitlement to indemnification shall notify Indemnitee of such written determination no later than two (2) business days thereafter.

Appears in 1 contract

Samples: Indemnification Agreement (Mobileye Global Inc.)

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