Notice to Insurers. If, at the time of receipt by the Company of a notice from any source of a Proceeding as to which Indemnitee is a party or participant, the Company will give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company will provide Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company and such insurers related thereto. The Company will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 29 contracts
Samples: Employment Agreement (Rackspace Hosting, Inc.), Indemnification Agreement (Blue Nile Inc), Indemnification Agreement (Great White Energy Services, Inc.)
Notice to Insurers. If, at the time of receipt by the Company of a notice from any source of a Proceeding as to which Indemnitee is a party or participant, the Company will give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company will provide Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company and such insurers related thereto. The Company will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 4 contracts
Samples: Officer Indemnification Agreement (OP Bancorp), Officer Indemnification Agreement (OP Bancorp), Director Indemnification Agreement (Highlands Bankshares Inc /Va/)
Notice to Insurers. If, at the time of receipt by the Company Corporation of a notice from any source of a Proceeding as to which Indemnitee is a party or participant, the Company Corporation will give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company Corporation will provide Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company Corporation and such insurers related thereto. The Company Corporation will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 4 contracts
Samples: Indemnification Agreement (Pioneer Energy Services Corp), Indemnification Agreement (Parker Drilling Co /De/), Indemnification Agreement (Petroquest Energy Inc)
Notice to Insurers. If, at At the time of receipt by the Company of a notice from any source of a Proceeding as to which Indemnitee is a party or participant, the Company will give prompt notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company will provide Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company and such insurers related thereto. The Company will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 4 contracts
Samples: Indemnification Agreement (Laredo Petroleum, Inc.), Indemnification Agreement (Laredo Petroleum Holdings, Inc.), Indemnification Agreement (Laredo Petroleum Holdings, Inc.)
Notice to Insurers. If, at the time of receipt by the Company of a notice from any source of a Proceeding as to which Indemnitee is a party or participant, the Company will give prompt written notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company will provide Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company and such insurers related thereto. The Company will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 3 contracts
Samples: Indemnification Agreement (Photomedex Inc), Form of Indemnification Agreement (Photomedex Inc), Indemnification Agreement (Novell Inc)
Notice to Insurers. If, at the time of receipt by the Company of a notice from any source of a Proceeding as to which the Indemnitee is a party or participant, the Company will give prompt written notice of such Proceeding to the insurers in accordance with the procedures set forth in the respective policies, and the Company will provide the Indemnitee with a copy of such notice and copies of all subsequent correspondence between the Company and such insurers related thereto. The Company will thereafter take all necessary or desirable actions to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies.
Appears in 3 contracts
Samples: Indemnification Agreement (Knife River Holding Co), Indemnification Agreement (Mdu Resources Group Inc), Indemnification Agreement (Mdu Resources Group Inc)
