Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, or that the Indemnitee’s expenses are not reasonable as set forth in Section 6.3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $5,000 to the Company, the Company shall cause a new Determination to be made by independent legal counsel, which independent legal counsel shall be selected in accordance with Section 6.5. Subject to Section 9 hereof, such Determination by such independent legal counsel shall be binding and conclusive for all purposes of this Agreement.
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Samples: Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.), Indemnification Agreement (Premier Exhibitions, Inc.)
Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, hereof or that the Indemnitee’s 's expenses are not reasonable as set forth in Section 6.3 5.3 hereof, upon the written request of the Indemnitee and the Indemnitee’s 's delivery of $5,000 500 to the Company, the Company shall cause a new Determination to be made by independent legal counsel, which independent legal counsel shall be selected in accordance with Section 6.55.5. Subject to Section 9 8 hereof, such Determination by such independent legal counsel shall be binding and conclusive for all purposes of this Agreement.Determination
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Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, 2 or 3 hereof, hereof or that the Indemnitee’s 's expenses are not reasonable as set forth in Section 6.3 5.3 hereof, upon the written request of the Indemnitee and the Indemnitee’s 's delivery of $5,000 to the Company, the Company shall cause a new Determination to be made by independent legal counsel, which independent legal counsel shall be selected in accordance with Section 6.55.5. Subject to Section 9 8 hereof, such Determination by such independent legal counsel shall be binding and conclusive for all purposes of this Agreement.
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Samples: Indemnification Agreement (Pediatrix Medical Group Inc)
Right of Indemnitee to Appeal an Adverse Determination by Board. If a Determination is made by the Board or a committee thereof that the Indemnitee did not meet the applicable standard of conduct set forth in Section 1, Section 2 or Section 3 hereof, hereof or that the Indemnitee’s expenses are not reasonable as set forth in Section 6.3 5.3 hereof, upon the written request of the Indemnitee and the Indemnitee’s delivery of $5,000 to the Company, the Company shall cause a new Determination to be made by independent legal counsel, which independent legal counsel shall be selected in accordance with Section 6.55.5. Subject to Section 9 8 hereof, such Determination by such independent legal counsel shall be binding and conclusive for all purposes of this Agreement.
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