Request for Indemnification and Indemnification Payments. Advisor shall notify the Company promptly in writing upon receiving notice of any demand, judgment or other requirement for payment that Advisor reasonably believes to be subject to indemnification under the terms of this Agreement, and shall request payment thereof by the Company. Indemnification payments requested by Advisor hereunder shall be made by the Company no later than sixty (60) days after receipt of the written request of Advisor.
Appears in 2 contracts
Sources: Agreement for a Member of the Board of Business Advisors (Sun Energy Solar Inc), Agreement for a Member of the Board of Business Advisors (Sunovia Energy Technologies Inc)