Document ID: 13550

Text:
(a) Subject to Section 12(e), in the event that (i) a determination is made pursuant to Section 10, above, that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 8, above, or 12(d), below, (iii) no determination of entitlement to indemnification shall have been made pursuant to Section 10, above, within 90 days after the later of the receipt by the Company of the request for indemnification or the final disposition of the Proceeding, (iv) payment of indemnification pursuant to this Agreement is not made (A) within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification or (B) with respect to indemnification pursuant to Sections 4 or 5, above, and 12(d), below, within 30 days after receipt by the Company of a written request therefor, or (v) the Company or any other person or entity takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication in a court of competent jurisdiction of his or her entitlement to such indemnification or advancement of Expenses. Alternatively, Indemnitee, at his or her option, may seek an award in arbitration with respect to his or her entitlement to such indemnification or advancement of Expenses, to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration Association. Indemnitee shall commence such proceeding seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee first has the right to commence such proceeding pursuant to this Section 12(a); provided, however, that the foregoing clause shall not apply in respect of a proceeding brought by Indemnitee to enforce his or her rights under Section 4, above. The Company shall not oppose Indemnitees right to seek any such adjudication or award in arbitration in accordance with this Agreement.

Named Entities:
307
309
Regulation
312
314
Court

Tokenized Text:
(
a
)
Subject
to
Section
12
(
e
)
,
in
the
event
that
(
i
)
a
determination
is
made
pursuant
to
Section
10
,
above
,
that
Indemnitee
is
not
entitled
to
indemnification
under
this
Agreement
,
(
ii
)
advancement
of
Expenses
is
not
timely
made
pursuant
to
Section
8
,
above
,
or
12
(
d
)
,
below
,
(
iii
)
no
determination
of
entitlement
to
indemnification
shall
have
been
made
pursuant
to
Section
10
,
above
,
within
90
days
after
the
later
of
the
receipt
by
the
Company
of
the
request
for
indemnification
or
the
final
disposition
of
the
Proceeding
,
(
iv
)
payment
of
indemnification
pursuant
to
this
Agreement
is
not
made
(
A
)
within
ten
(
10
)
days
after
a
determination
has
been
made
that
Indemnitee
is
entitled
to
indemnification
or
(
B
)
with
respect
to
indemnification
pursuant
to
Sections
4
or
5
,
above
,
and
12
(
d
)
,
below
,
within
30
days
after
receipt
by
the
Company
of
a
written
request
therefor
,
or
(
v
)
the
Company
or
any
other
person
or
entity
takes
or
threatens
to
take
any
action
to
declare
this
Agreement
void
or
unenforceable
,
or
institutes
any
litigation
or
other
action
or
proceeding
to
deny
,
or
to
recover
from
,
Indemnitee
the
benefits
provided
or
intended
to
be
provided
to
Indemnitee
hereunder
,
Indemnitee
shall
be
entitled
to
an
adjudication
in
a
court
of
competent
jurisdiction
of
his
or
her
entitlement
to
such
indemnification
or
advancement
of
Expenses
.
Alternatively
,
Indemnitee
,
at
his
or
her
option
,
may
seek
an
award
in
arbitration
with
respect
to
his
or
her
entitlement
to
such
indemnification
or
advancement
of
Expenses
,
to
be
conducted
by
a
single
arbitrator
pursuant
to
the
Commercial
Arbitration
Rules
of
the
American
Arbitration
Association
.
Indemnitee
shall
commence
such
proceeding
seeking
an
adjudication
or
an
award
in
arbitration
within
180
days
following
the
date
on
which
Indemnitee
first
has
the
right
to
commence
such
proceeding
pursuant
to
this
Section
12
(
a
)
;
provided
,
however
,
that
the
foregoing
clause
shall
not
apply
in
respect
of
a
proceeding
brought
by
Indemnitee
to
enforce
his
or
her
rights
under
Section
4
,
above
.
The
Company
shall
not
oppose
Indemnitees
right
to
seek
any
such
adjudication
or
award
in
arbitration
in
accordance
with
this
Agreement
.