Common use of Reimbursement by Indemnitee Clause in Contracts

Reimbursement by Indemnitee. The obligation of the Company to make an Expense Advance shall be subject to the condition that, if it is ultimately determined (by final judicial determination from which there is no further right to appeal) that there are matters to which Indemnitee is not entitled to indemnity under this Agreement, the Company shall be entitled to be reimbursed by Indemnitee for all such amounts. Prior to obtaining the initial Expense Advance, Indemnitee must confirm such reimbursement obligation by delivery to Company of a signed undertaking in the form of Exhibit A or in such other form as Company may reasonably accept.

Appears in 11 contracts

Samples: Directors and Officers Indemnification Agreement (Insight Enterprises Inc), Form of Indemnification Agreement (Duraswitch Industries Inc), Director Indemnification Agreement (Employee Solutions Inc)

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