Common use of Procedure for Payment of Indemnifiable Amounts Clause in Contracts

Procedure for Payment of Indemnifiable Amounts. The Independent Director shall submit to the Company a written request specifying the Indemnifiable Amounts, for which the Independent Director seeks payment under Section 7 hereof and the Proceeding of which has been previously notified to the Company and approved by the Company for indemnification hereunder. At the request of the Company, the Independent Director shall furnish such documentation and information as are reasonably available to the Independent Director and necessary to establish that the Independent Director is entitled to indemnification hereunder. The Company shall pay such Indeminfiable Amounts within thirty (30) days of receipt of all required documents.

Appears in 76 contracts

Sources: Independent Director Agreement (JuNeng Technology LTD), Independent Director Agreement (DarkIris Inc.), Independent Director Agreement (K-Tech Solutions Co LTD)

Procedure for Payment of Indemnifiable Amounts. The Independent Director shall submit to the Company a written request specifying the Indemnifiable Amounts, for which the Independent Director seeks payment under Section 7 hereof and the Proceeding of which has been previously notified to the Company and approved by the Company for indemnification hereunder. At the request of the Company, the Independent Director shall furnish such documentation and information as are reasonably available to the Independent Director and necessary to establish that the Independent Director is entitled to indemnification hereunder. The Company Company, on receipt of documentation acceptable to it, shall pay such Indeminfiable Indemnifiable Amounts within thirty (30) days of receipt of all required documents.

Appears in 8 contracts

Sources: Independent Director Agreement (EvoAir Holdings Inc.), Independent Director Agreement (EvoAir Holdings Inc.), Independent Director Agreement (EvoAir Holdings Inc.)

Procedure for Payment of Indemnifiable Amounts. The Independent Director shall submit to the Company a written request specifying the Indemnifiable Amounts, for which the Independent Director seeks payment under Section 7 hereof and the Proceeding of which has been previously notified to the Company and approved by the Company for indemnification hereunder. At the request of the Company, the Independent Director shall furnish such documentation and information as are reasonably available to the Independent Director and necessary to establish that the Independent Director is entitled to indemnification hereunder. The Company shall pay such Indeminfiable Amounts within thirty (30) days of receipt of all required documents.

Appears in 5 contracts

Sources: Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc), Independent Director Agreement (American Oriental Bioengineering Inc)

Procedure for Payment of Indemnifiable Amounts. The Independent Director shall submit to the Company a written request specifying the Indemnifiable Amounts, Amounts for which the Independent Director seeks payment under Section 7 hereof and the Proceeding of which the Independent Director has been previously notified to the Company and approved by the Company for indemnification hereunder. At the request of the Company, the Independent Director shall furnish such documentation and information as are reasonably available to the Independent Director and necessary to establish that the Independent Director is entitled to indemnification hereunder. The Company shall pay such Indeminfiable Indemnfiable Amounts within thirty (30) days of receipt of all required documents.

Appears in 3 contracts

Sources: Independent Director Agreement (China Energy CORP), Independent Director Agreement (China Energy CORP), Independent Director Agreement (China Energy CORP)

Procedure for Payment of Indemnifiable Amounts. The Independent Director shall submit to the Company a written request specifying the Indemnifiable Amounts, for which the Independent Director seeks payment under Section 7 hereof and the Proceeding of which has been previously notified to the Company and approved by the Company for indemnification hereunder. At the request of the Company, the Independent Director shall furnish such documentation and information as are reasonably available to the Independent Director and necessary to establish that the Independent Director is entitled to indemnification hereunder. The Company shall pay such Indeminfiable Indemnifiable Amounts within thirty ten (3010) days of receipt of all required documents.

Appears in 3 contracts

Sources: Independent Director Agreement (China Integrated Energy, Inc.), Independent Director Agreement (China Integrated Energy, Inc.), Independent Director Agreement (China Integrated Energy, Inc.)