Advancement of Expenses Clause Example from Business Contracts

This example Advancement of Expenses clause appears in 5 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. The Indemnitee shall qualify for advances upon the execution and delivery to the Corporation of this Agreement, which shall constitute an undertaking by 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. View More
Found in PRECISION BIOSCIENCES INC contract
PRECISION BIOSCIENCES INC Contracts

Form of Indemnification Agreement between the Registrant and its directors and officers (Filed With SEC on March 18, 2019)

ALZHEON, INC. Contracts

Form of Indemnification Agreement between the Registrant and each of its directors and executive officers, to be entered into in connection with this offering (Filed With SEC on August 27, 2018)

Form of Indemnification Agreement between the Registrant and each of its directors and executive officers, to be entered into in connection with this offering (Filed With SEC on March 16, 2018)

Evelo Biosciences, Inc. Contracts

Form of Indemnification Agreement for Directors and Officers (Filed With SEC on April 30, 2018)

Homology Medicines, Inc. Contracts

Form of Indemnification Agreement for Directors and Officers (Filed With SEC on March 19, 2018)