Advancement of Expenses Clause Example from Business Contracts

This example Advancement of Expenses clause appears in 11 contracts from 4 companies

Advancement of Expenses. Notwithstanding any other provision of this Agreement, the Company shall advance all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding by reason of Indemnitee's Corporate Status within thirty (30) days after the receipt by the Company of a statement or statements from Indemnitee requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses i...ncurred by Indemnitee and shall include or be preceded or accompanied by a written undertaking by or on behalf of Indemnitee to repay any Expenses advanced if it shall ultimately be determined that Indemnitee is not entitled to be indemnified against such Expenses. Any advances and undertakings to repay pursuant to this Section 5 shall be unsecured and interest free. This Section 5 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Section 9. View More
Found in MDB Capital Holdings, LLC contract
GI DYNAMICS, INC. Contracts

Form of Indemnification Agreement (Filed With SEC on September 10, 2020)

Terra Tech Corp. Contracts

Director Indemnification Agreement between Terra Tech Corp. and Nicholas Kovacevich, dated December 11, 2020 (Filed With SEC on December 14, 2020)

Director Indemnification Agreement between Terra Tech Corp. and Ira E. Ritter, dated December 11, 2020 (Filed With SEC on December 14, 2020)

Director Indemnification Agreement between Terra Tech Corp. and Francis Knuettel II, dated December 11, 2020 (Filed With SEC on December 14, 2020)

Indemnification Agreement, dated January 7, 2021 (Filed With SEC on January 13, 2021)

Indemnification Agreement, dated January 7, 2021 (Filed With SEC on January 13, 2021)

Director Indemnification Agreement between Terra Tech Corp. and Tiffany Davis, dated April 6, 2021 (Filed With SEC on April 9, 2021)

Director Indemnification Agreement, dated as of July 1, 2021, by and between the Company and Dallas Imbimbo (Filed With SEC on July 8, 2021)

Director Indemnification Agreement, dated as of July 1, 2021, by and between the Company and Eric Baum (Filed With SEC on July 8, 2021)

Acrivon Therapeutics, Inc. Contracts

Form of Indemnification Agreement with Executive Officers and Directors (Filed With SEC on October 17, 2022)

MDB Capital Holdings, LLC Contracts

Form of Indemnification Agreement by and between the registrant and each of its directors and executive officers (Filed With SEC on November 10, 2022)