Common use of Certain Limitations Clause in Contracts

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. Notwithstanding any other provisions of Section 2.3(b), (ai) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted that any of or all the Net Cash Proceeds of any disposition by a Foreign Subsidiary giving rise to a prepayment pursuant to Section 2.3(b)(ii) (a "Foreign Disposition"), the Net Cash Proceeds of any prepayment event from a Foreign Subsidiary (a "Foreign Prepayment Event") or Excess Cash Flow attributable to Foreign Subsidiaries would be prohibited or delayed by applicable Lawlocal law (including financial assistance, assign corporate benefit, restrictions on upstreaming cash intra-group and the fiduciary and statutory duties of directors of the relevant subsidiaries), the portion of such of its rights Net Cash Proceeds or Excess Cash Flow so affected will not be required to proceed against be applied to repay Term Loans at the Potential Contributor times provided in Section 2.3(b) (the Borrower hereby agreeing to use commercially reasonable efforts (as are necessary determined in the Borrower's reasonable business judgment) to otherwise cause the applicable Foreign Subsidiary to within one year following the date on which the respective payment would otherwise have been required, take all actions reasonably required by the applicable local law, applicable organizational or constitutive impediment or other impediment to permit such Indemnifying Party to recover from repatriation), and if within one year following the Potential Contributor date on which the amount respective payment would otherwise have been required, such repatriation of any of such payment affected Net Cash Proceeds or Excess Cash Flow is permitted under the Indemnifying Party shall otherwise applicable local law, applicable organizational or constitutive impediment or other impediment, such Net Cash Proceeds or Excess Cash Flow will be subrogated promptly (and in any event not later than five (5) Business Days after such repatriation could be made) applied (net of additional taxes, costs and expenses that would be payable or reserved against as a result of repatriating such amounts) (whether or not repatriation actually occurs) to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect repayment of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Term Loans pursuant to this Article V, the Indemnitee shall promptly remit Section 2.3(b) to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less extent provided herein and (ii) to the full amount extent that the Borrower has determined in good faith that repatriation of any of or all the Net Cash Proceeds of any Foreign Disposition, any Foreign Prepayment Event or Excess Cash Flow attributable to Foreign Subsidiaries would have a material adverse tax consequence to Holdings and its Restricted Subsidiaries, the Net Cash Proceeds or Excess Cash Flow so affected will not be required to be applied to repay Term Loans at the times provided in Section 2.3(b). The non- application of any prepayment amounts as a consequence of the Indemnifiable Lossforegoing provisions will not, for the avoidance of doubt, constitute a Default or an Event of Default. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and Covered ------------------- Liabilities for which indemnification is provided. under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have indemnified party from third parties (including amounts actually recovered all or a part of under insurance policies) with respect to such Indemnifiable Loss from a third Covered Liabilities. Any indemnifying party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other indemnified party recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the indemnified party shall be entitled promptly remit to a “wind-fall” the indemnifying party the excess of (i.e. a benefit they would not be entitled to receive in A) the absence sum of the indemnification provisionsamount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch Covered Liabilities. (db) Notwithstanding anything No remedy under this Agreement or at law or in equity shall include, provide for or permit the payment of multiple, exemplary, punitive or consequential damages or any equitable equivalent thereof or substitute therefor, and the burden shall be on the party claiming loss to the contrary, show actual loss in the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemclaimed.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party After the Closing, the Sellers shall not be required to indemnify the Buyer Indemnitees for Losses under Section 8.2 until the aggregate amount of all such Losses exceeds [***] (the “Basket”), in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor which event Sellers shall be responsible for the amount of such payment Losses in excess of the Basket; provided, however, that the Basket shall not apply with respect to any Excluded Representation or Retained Liability, any matter covered by the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against Escrow Agreement or a breach of Sections 5.10 or 5.16, or fraud on the Potential Contributorpart of any Seller. (b) If notwithstanding Buyer shall not be required to indemnify the Seller Indemnitees for Losses under Section 5.04 an Indemnitee receives an 8.3 until the aggregate amount from a third party of all such Losses exceeds the Basket, in respect of an Indemnifiable Loss that is which event Buyer shall be responsible for the subject of indemnification hereunder after all or a portion amount of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article VLosses in excess of the Basket; provided, however, the Indemnitee Basket shall promptly remit not apply with respect to any Accepted Liability or fraud on the Indemnifying Party the excess (if any) part of (i) the amount paid Buyer or any matters covered by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossEscrow Agreement. (c) An insurer who would otherwise be obligated to pay any claim Sellers shall not be relieved required to indemnify Buyer Indemnitees for Losses in excess of [***] (“CAP”), other than any Excluded Representation, Retained Liability, matters covered by the Escrow Agreement, or fraud on the part of any Seller. Sellers obligations to indemnify under this Article shall be based on their respective ownership percentages of the responsibility with respect thereto or, solely by virtue of Company The CAP related to any Losses related to the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party HMPM lease shall be entitled limited to [***] (the “HMPM CAP”). The HMPM CAP shall be exclusive of any attorney’s fees related to litigation concerning the HMPM lease for which Sellers shall be solely responsible. For sake of clarity, the parties agree that any litigation concerning the HMPM lease is a “wind-fall” (i.e. a benefit they would Retained Liability and not be entitled subject to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofBasket. (d) Notwithstanding anything Buyer shall not be required to indemnify Seller Indemnitees for Losses in excess of the contrary, CAP other than with respect to any Accepted Liability or fraud on the part of Buyer. (e) The liability of Sellers for all Losses shall be reduced by the net amount of any proceeds of insurance actually received by a Buyer Indemnitee from non-Affiliate third parties in connection with a claim for indemnification or contribution obligations under this Separation Agreement shall not be adjusted by such Buyer Indemnitee (but only to take into account the Tax treatment extent insurance proceeds are actually received by a Buyer Indemnitee within twelve (12) months of the relevant Buyer Indemnitee’s submission to its insurer(s) of its claim and appropriate supporting documentation, unless the Buyer Indemnitee with respect fails to diligently attempt throughout such twelve (12) month period to collect promptly such insurance proceeds). If a Buyer Indemnitee receives such insurance payment subsequent to such period and following indemnification by Sellers, Buyer Indemnitee shall remit to the Sellers the amount so paid by the insurance company but not in excess of the indemnification or contribution payment or by Sellers. In the indemnified itemevent of any Third Party Claim as defined in Section 8.5 hereof, provided Sellers have accepted responsibility for any such claim without reservation, Buyer and Sellers shall cooperate in submitting, pursuing and collecting indemnity claims.

Certain Limitations. The indemnification afforded by this Article X shall be subject to the following limitations: (a) If With respect to indemnification by the Company pursuant to Section 10.1(a), the Company’s maximum liability for any Indemnitee receives Loss suffered by an Investor Indemnified Party (other than any payment Loss resulting from a Third Party Claim) shall not exceed an Indemnifying amount (the “Company Indemnification Cap”) equal to (1) the Hard Cap and the amount of all of the other Obligations owed by the Company to the Investor hereunder (other than the indemnification amounts payable under Section 10.1(a)) as of the date of determination, minus (2) the aggregate amount of all of the payments collected or received by the Investor Representative (and any direct or indirect transferee of the Investor Representative to whom any interest in the Revenue Interests is transferred) hereunder as of such date of determination (other than (i) any payments collected or received as a reimbursement of expenses incurred by any Investor Indemnified Party (including attorney’s fees) and (ii) any indemnification payments collected or received pursuant to Section 10.1(a)), minus (3) the aggregate amount collected or received by the Investor Representative (and any direct or indirect transferee of the Investor Representative to whom any interest in respect the Revenue Interests is transferred) pursuant to the exercise of its rights under Section 10.1(a) (without duplication of any Indemnifiable Losses and the Indemnitee could have recovered all amounts collected or a part received pursuant to clause (2)) prior to such date of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, determination to the extent permitted such amount was not collected or received in connection with a Third Party Claim. Notwithstanding the foregoing, the Company Indemnification Cap shall not apply to any Loss suffered by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying any Investor Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying in connection with a Third Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorClaim. (b) If notwithstanding With respect to indemnification by the Investor pursuant to Section 5.04 an Indemnitee receives 10.2, the Investor’s maximum liability shall not exceed an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant equal to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (iA) the aggregate amount paid of all of the payments collected or received by the Indemnifying Party in respect of such Liability, plus the amount received Investors from the Company prior to the date of determination (excluding any amounts collected or received as a reimbursement of expenses incurred by the Investor or any indemnification amounts collected or received in connection with a Third Party in respect thereof, less Claim) over (iiB) the full amount of the Indemnifiable LossInvestment Amount. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. The Buyer Indemnified Party or Seller Indemnified Party, as applicable, making a claim for indemnification under this ARTICLE VII is referred to herein as the “Indemnified Party” and the Party against whom such claims are asserted under this ARTICLE VII is referred to as the “Indemnifying Party.” The indemnification provided for in this ARTICLE VII shall be subject to the following limitations and other provisions: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Notwithstanding anything herein to the extent permitted by applicable Lawcontrary, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the aggregate amount of such payment or all Losses for which Seller shall be liable pursuant to Section 7.3(a) shall not exceed an amount equal to the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorPurchase Price. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from Any Indemnified Party that becomes aware of a third party in respect of an Indemnifiable Loss that is for which it seeks indemnification under this ARTICLE VII shall be required to use commercially reasonable efforts to mitigate the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise Losses of any Indemnified Party hereunder shall be obligated calculated after deducting the amount of any insurance proceeds and any indemnity, contribution or other similar Third Party recoveries actually received or reasonably expected to pay any claim shall not be relieved received by such Indemnified Party in respect of such Loss at or prior to the time of such calculation (net of the responsibility reasonable out of pocket costs and expenses associated with respect thereto orsuch recoveries and any associated increases in insurance premiums). The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, solely by virtue of the contribution or similar agreements for any Losses prior to seeking indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofunder this Agreement. (d) Losses of any Indemnified Party hereunder shall be determined net of (i) any Tax benefit actually realized as of the time of such determination as a result of sustaining such Losses, and (ii) the net present value, calculated as of the time of such determination, of Tax benefits reasonably expected to be derived as a result of sustaining such Losses. (e) All Losses shall be determined without duplication of recovery under any other provisions of this Agreement or any Related Agreement. Without limiting the generality of the foregoing, (i) if any fact, circumstance, condition, agreement or event forming a basis for a claim for indemnification under this ARTICLE VII shall overlap with any fact, circumstance, condition, agreement or event forming the basis of any other claim for indemnification under this ARTICLE VII, there shall be no duplication in the calculation of the amount of Losses, and (ii) neither Seller nor Buyer shall have any liability under this ARTICLE VII for Losses relating to matters to the extent included in the calculation of the Purchase Price Adjustment in accordance with Section 2.6 or the prorations made in accordance with Section 2.7 (other than the failure to pay or credit any amounts so included). (f) Notwithstanding anything to the contrarycontrary herein, Seller’s liability for indemnification of Excluded Environmental Liabilities pursuant to Section 7.3(c) (i) shall terminate on the amount fifth (5th) anniversary of the Closing Date, after which Seller shall have no further obligation to indemnify any Buyer Indemnified Party in respect of such Excluded Environmental Liabilities pursuant to Section 7.3(c); provided, that any such claims for indemnification or contribution in respect of Excluded Environmental Liabilities asserted in good faith by any Buyer Indemnified Party prior to the fifth (5th) anniversary of the Closing Date and not finally resolved prior to the fifth (5th) anniversary of the Closing Date shall survive until finally resolved, subject to the dollar limitations set forth in clause (ii) below, (ii) shall in no event exceed, in the aggregate, ten percent (10%) of the Purchase Price, and (iii) shall be subject to reduction to the extent such liability results from a violation by Buyer of its obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemSection 5.11.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (i) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (ii) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of any indemnification taxes payable by such Indemnitee is increased above or contribution obligations under this Separation Agreement shall not reduced below, as the case may be, the amount of taxes that such Indemnitee would be adjusted required to take into account pay but for the Tax treatment receipt or accrual of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemincurrence or payment of such loss, as the case may be. Following such determination, the Indemnifying Party shall pay any underpayment to the Indemnitee and the Indemnitee shall reimburse the Indemnifying Party for any overpayment, respectively, as may arise from the foregoing adjustment. (c) Any indemnification payment made under this Agreement shall be characterized for tax purposes as if such payment were made immediately prior to the Contribution Date.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have from third parties (including, without limitation, amounts actually recovered all or a part of under insurance policies) with respect to such Indemnifiable Loss from a third Losses or other liability. Any indemnifying party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor Indemnitee upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the relevant Indemnifiable Loss. (c) . An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto. If any Indemnitee recovers an amount from a third party in respect of an Indemnifiable Loss for which indemnification is provided in this Agreement after the full amount of such Indemnifiable Loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such Indemnifiable Loss and the amount received from the third party exceeds the remaining unpaid balance of such Indemnifiable Loss, it being expressly understood and agreed that no insurer then the Indemnitee shall promptly remit to the indemnifying party the excess (if any) of (A) the sum of the amount theretofore paid by the indemnifying party in respect of such Indemnifiable Loss plus the amount received from the third party in respect thereof, less (B) the full amount of such Indemnifiable Loss or other liability. (b) The amount of any Indemnifiable Losses or other Liability for which indemnification is provided under this Agreement or any other third amounts payable or reimbursable by one party to another under this Agreement shall be entitled increased or decreased to a “wind-fall” take account of any net Tax (i.e. a benefit they would not be entitled to receive as defined in the absence Tax Allocation Agreement) cost or any net Tax benefit in a manner analogous to that described in Section 6.6 of the indemnification provisions) by virtue of the indemnification provisions hereofTax Allocation Agreement. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the amount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof less (B) the full amount of such indemnifiable loss or other liability. Nothing in this Section 4.03(a) shall obligate any Indemnitee to seek to recover any amounts from any third party (including, without limitation, amounts recoverable under insurance policies) prior to, or as a condition to, seeking indemnification provisions) by virtue of the indemnification provisions hereofunder this Article IV. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 4.03(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, respectively, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any final determination with respect to the indemnification or contribution payment or the Indemnitee's liability for taxes, and payments between such indemnified itemparties to reflect such adjustment shall be made if necessary.

Certain Limitations. The indemnification provided in Section 7.02 and Section 7.03 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid Payments by an Indemnifying Party pursuant to this Article VSection 7.02 or 7.03 in respect of any Loss shall be reduced by an amount equal to the net amount of any insurance proceeds or any indemnity, contribution or other similar payment received by the Indemnified Party in respect of any such Loss. The Indemnified Party shall (i) use its commercially reasonable efforts to recover under insurance policies or indemnity, contribution or other similar agreements for any Losses and (ii) to the extent the Indemnified Party is unable to recover amounts under clause (i) sufficient to cover any Losses (such amounts, the Indemnitee shall promptly remit “Uncovered Amounts”), upon the written request of the Indemnifying Party, assign to the Indemnifying Party the excess (if any) of (i) right to recover the amount paid by Uncovered Amounts under such insurance policies or indemnity, contribution, or other similar agreements and use commercially reasonable efforts to cooperate with the Indemnifying Party’s claims thereunder. (b) In no event shall any Indemnifying Party in respect of be liable to any Indemnified Party for any punitive damages, except if and to the extent any such Liability, plus the amount received from the Third damages are recovered against an Indemnified Party in respect thereof, less (ii) the full amount of the Indemnifiable Losspursuant to a Third-Party Claim. (c) An insurer who Each Indemnified Party shall take, and cause its Affiliates to take, to the extent required by Law, all commercially reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orreasonably expected to, solely by virtue of the indemnification provisions hereofor does, have any subrogation rights with respect give rise thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything The parties agree that for purposes of (i) determining whether there has been a breach of or inaccuracy in any representation or warranty subject to the contrary, indemnification pursuant to this Article VII and (ii) calculating the amount of Losses with respect thereto, such representations and warranties alleged to have been breached shall be construed as if any indemnification qualification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee limitation with respect to materiality, whether by reference to the indemnification terms “material,” “in all material respects,” “in any material respect” or contribution payment “Material Adverse Effect” or words of similar import, were omitted from the indemnified itemtext of such representations and warranties. (e) In no event shall any Indemnifying Party be liable to any Indemnified Party for any Losses in excess of the Aggregate Purchase Price plus the ▇▇▇▇ ▇▇▇▇-▇▇▇ Payment and the 2017 Earn-Out Payment.

Certain Limitations. The provisions of Sections 3.6, 3.8, 3.9 and 3.11 shall be subject to the following: (a) If any Indemnitee receives Lender demands compensation or indemnification from the Borrower under Section 3.6, 3.9 or 3.11, then such Lender will agree to use reasonable efforts to change the jurisdiction of its applicable lending office so as to eliminate or reduce any such additional payment from an Indemnifying Party which may thereafter accrue if such change, in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part judgment of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyLender, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall is not otherwise be subrogated disadvantageous to such Indemnitee’s rights against the Potential ContributorLender. (b) If notwithstanding any Lender determines that it has recovered or used as a credit any amount withheld on its account pursuant to Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is 3.6, 3.9 or Section 3.11, it shall reimburse (without any interest) the subject of indemnification hereunder after all or a portion Borrower to the extent of such Indemnifiable Loss has amount so determined to have been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit recovered (to the Indemnifying Party the excess extent of any tax benefit actually received) or used as a credit, provided that nothing in this clause (if anyb) of shall require any Lender to make available its tax returns (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossor any other information relating to its taxes which it deems to be confidential). (c) An insurer who would otherwise be obligated to pay If any claim shall not be relieved of Lender demands compensation or indemnification from the responsibility with respect thereto orBorrower under Section 3.6, solely by virtue of the indemnification provisions hereof3.9 or 3.11, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party such Lender shall be entitled to a “wind-fall” compensation or indemnification only for increased costs or other amounts (i.e. a benefit they would not be entitled i) incurred during the period of ninety (90) days preceding the date of such Lender's demand therefor and (ii) which such Lender charges to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsimilarly situated borrowers. (d) Notwithstanding anything If any Lender notifies the Borrower that it demands compensation or indemnification from the Borrower under Section 3.6, 3.9 or 3.11, or if that it has become unlawful for any Lender to make, maintain, or fund Eurodollar Loans under Section 3.8, the Borrower may, at its option, so long as no Event of Default shall have occurred and be continuing, obtain, at the Borrower's expense, a replacement Lender for the affected Lender. If the Borrower elects to obtain a replacement Lender for the affected Lender, the Borrower shall within thirty (30) after the date of such notification from such affected Lender, notify the Administrative Agent and such affected Lender of its intention to replace the affected Lender. If the Borrower obtains a replacement Lender (which replacement Lender shall be acceptable to the contraryAdministrative Agent in its reasonable discretion) within ninety (90) days following notice of its intention to do so, the affected Lender must sell and assign its Loans and Commitments to such replacement Lender pursuant to Section 11.6(b), for an amount equal to the principal balance of any all Revolving Loans held by the affected Lender and all accrued interest and Fees with respect thereto through the date of such sale, provided that the Borrower shall have paid to such affected Lender the compensation or indemnification that it is entitled to receive under Section 3.6, 3.9 or contribution obligations 3.11 through the date of such sale and assignment. Notwithstanding the foregoing, if the Borrower shall fail to give the Administrative Agent and the affected Lender notice of its intention to replace the affected Lender or if the Borrower timely gives notice to the Administrative Agent and an affected Lender of its intention to replace such affected Lender and does not so replace such affected Lender within ninety (90) days following such notice, then, in either case, the Borrower's rights under this Separation Agreement Section 3.16 to replace such Lender for the particular circumstances shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemterminate.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the amount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof LESS (B) the full amount of such indemnifiable loss or other liability. Nothing in this Section 5.3(a) shall obligate any Indemnifying Party to seek to recover any amounts from any third party (including, without limitation, amounts recoverable under insurance policies) prior to, or as a condition to, seeking indemnification provisions) by virtue of the indemnification provisions hereofunder this Article 5. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 5.3(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, respectively, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any final determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement relating to Assumed Liabilities, Excluded Assets and Excluded Liabilities shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemDistribution Date, except to the extent otherwise required by the Tax Sharing Agreement.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Notwithstanding anything to the extent permitted by applicable Lawcontrary contained herein, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid of any Loss subject to recovery under this Article VII shall be calculated net of (A) any amounts recovered by an Indemnified Party with respect to such Loss pursuant to any indemnification by or indemnification agreement with any third party and (B) any insurance proceeds or other cash receipts actually received as an offset against such Loss and (ii) to the extent required by applicable law, each party shall take commercially reasonable steps to mitigate any of its Losses indemnifiable pursuant to this Article VII upon becoming aware of any event which would reasonably be expected to, or does, give rise thereto. If the amount to be netted hereunder from any payment required under this Article VII is determined after payment by the Indemnifying Party in respect of any amount otherwise required to be paid to an Indemnified Party under this Article VII, the Indemnified Party shall repay to the Indemnifying Party, promptly after such determination, any amount that the Indemnifying Party would not have had to pay pursuant to this Article VII had such determination been made at the time of such Liabilitypayment. A party shall use commercially reasonable efforts to recover under any insurance policies for any Loss. Notwithstanding anything to the contrary contained herein, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise no event shall any party be obligated required to pay institute an Action against any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party Person. Notwithstanding the fact that any Indemnified Party may have the right to assert claims for indemnification under or in respect of more than one provision of this Agreement in respect of any fact, event, condition or circumstance, no Indemnified Party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, recover the amount of any Loss suffered by such Indemnified Party more than once, regardless of whether such Loss may be as a result of a breach of more than one representation, warranty, obligation or covenant or otherwise. In addition, any liability for indemnification or contribution obligations under this Separation Agreement hereunder shall not be adjusted to take into account the Tax treatment determined without duplication of recovery by reason of the relevant Indemnitee state of facts giving rise to such liability, or a breach of more than one representation, warranty, covenant or agreement, as applicable. In no event shall the aggregate amount of Losses that the Parent Indemnitees are entitled to receive under Section 7.02 plus ABS’s liability in connection with respect to the indemnification License Agreement, in the aggregate, exceed the amount of Merger Consideration (with the Up-Front Parent Shares being valued, for purposes of this Section 7.04 and Section 11.4 of the License Agreement, at $[***] and the Milestone Parent Shares being valued, for purposes of this Section 7.04 and Section 11.4 of the License Agreement, at $[***]) actually paid or contribution payment or issued, as applicable, hereunder. The Parties acknowledge that such amount (but not such valuation) may increase over time as the indemnified itemDevelopment Milestone Payments are made.

Certain Limitations. (a) If The amount of Indemnifiable Damages otherwise recoverable under this Section 7 shall be reduced to the extent to which any Federal, state, local or foreign tax liabilities of any Buyer Indemnitee receives or Company Indemnitee, as applicable, or any payment from an Indemnifying Party of their respective affiliates, is decreased by reasons of any Indemnifiable Damages in respect of which any Indemnifiable Losses and the such Buyer Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyCompany Indemnitee, such Indemnitee shallas applicable, shall be entitled to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorindemnity under this Agreement. (b) If notwithstanding No Indemnifiable Damages shall be recoverable by a Buyer Indemnitee or Company Indemnitee pursuant to the provision of this Section 5.04 an Indemnitee receives an 7, and no claim therefor shall be asserted for any purpose hereunder, unless and only to the extent that the amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnitee's Damage equals or exceeds $10,000 in the aggregate (the "INDEMNIFICATION DEDUCTIBLE"). Only Indemnifiable Loss has been paid Damages exceeding the Indemnification Deductible shall be recoverable by an Indemnifying Party pursuant to this Article Vthe Buyer hereunder; except as otherwise expressly provided herein, such Indemnifiable Damages shall be recoverable by the Indemnitee shall promptly remit Buyer up until a maximum amount equal to the Indemnifying Party Holdback Amount (the excess (if any) "INDEMNIFICATION CAP"). Notwithstanding anything in this Agreement to the contrary the maximum amount of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received Indemnifiable Damages recoverable from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossBuyer under this Agreement shall not exceed $120,000. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party The Buyer shall be entitled to a “windset-fall” (i.e. a benefit they would not be entitled to receive in off and recoup any Indemnifiable Damages against the absence of the indemnification provisions) by virtue of the indemnification provisions hereofHoldback Amount. (d) Notwithstanding anything in this Agreement to the contrary, (i) the amount Indemnification Cap does not apply to, and there shall be no limit whatsoever upon, the damages or other remedies that Buyer can seek against the Company for losses, damages or liabilities of any indemnification kind sustained by the buyer arising out of or contribution obligations under this Separation Agreement shall not be adjusted to take into account based upon any claim by the Tax treatment of the relevant Indemnitee Buyer for fraud, or with respect to the SEC Documents, if any misstatements or omissions thereunder constitute a violation of Rule 10b-5 under the 1934 Act, and (ii) the Buyer shall not be entitled to indemnification under this Section 7 for any Indemnifiable Damages to the extent that the Buyer receives at or contribution payment or after the indemnified itemClosing an adjustment to the Purchase Price by reason of Section 1.3 hereof with respect to matters for which such Indemnifiable Damages would otherwise be paid.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, EXCEPT (a “Potential Contributor”i) based on the underlying claim or demand asserted against such Indemnifying PartyIN THE CASE OF FRAUD OR INTENTIONAL MISREPRESENTATION, such Indemnitee shall(ii) TO THE EXTENT AWARDED BY A COURT OF COMPETENT JURISDICTION OR ARBITRATOR WITH RESPECT TO A THIRD PARTY CLAIM INDEMNIFIABLE HEREUNDER OR (iii) TO THE EXTENT PAID BY A BUYER INDEMNIFIED PARTY TO A THIRD PARTY WITH RESPECT TO A THIRD PARTY CLAIM INDEMNIFIABLE HEREUNDER, to the extent permitted by applicable LawAN INDEMNIFYING PARTY SHALL NOT BE LIABLE UNDER THIS ARTICLE VIII IN RESPECT OF ANY CLAIM FOR DIMINUTION OF VALUE OR INCIDENTAL, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorEXEMPLARY, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING CONSEQUENTIAL DAMAGES RESULTING FROM BUSINESS INTERRUPTION, LOST TAX OR INCOME TAX BENEFITS, INCREASED INSURANCE PREMIUMS OR LOST PROFITS. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect The obligations of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party to provide indemnification under this ARTICLE VIII shall be terminated, modified or abated as appropriate to the excess (if any) of (i) extent that the amount paid underlying Claim would not have arisen but for a voluntary act that is carried out by or at the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount express written request of the Indemnifiable LossIndemnified Party. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the The amount of any indemnification or contribution obligations payable under this Separation Agreement ARTICLE VIII shall not be adjusted reduced by an amount equal to take into account the Tax treatment proceeds available to the Indemnified Party under any insurance policy or from any third-party in respect of the relevant Indemnitee such Claim. An Indemnified Party shall use commercially reasonable efforts to pursue any insurance recovery or third-party recovery available to it with respect to the any Claim for which such Indemnified Party seeks indemnification or contribution payment or the indemnified itempursuant to this ARTICLE VIII.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and Covered Liabilities for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have indemnified party from third parties (including amounts actually recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Partyunder insurance policies, such Indemnitee shall, but only to the extent permitted any recovered insurance proceeds exceed costs of collecting such proceeds and premium increases, whether retrospective or prospective, that are certified by applicable Law, assign such of its rights the underwriter to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover result from the Potential Contributor claim for such proceeds) with respect to such Covered Liabilities. Any indemnifying party hereunder shall be subrogated to the rights of the indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto. If any indemnified party recovers an amount from a third-party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third-party exceeds the remaining unpaid balance of such indemnifiable loss, it being expressly understood and agreed that no insurer or any other third then the indemnified party shall be entitled promptly remit to a “wind-fall” the indemnifying party the excess of (i.e. a benefit they would not be entitled to receive in A) the absence sum of the indemnification provisionsamount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third-party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch Covered Liabilities. (db) Notwithstanding anything Any indemnity payment made under this Agreement shall be treated by Buyer and Seller as an adjustment to the contraryPurchase Price, and Seller and Buyer agree not to take any position inconsistent therewith for any purpose. (c) Claims indemnifiable hereunder that are asserted within the periods permitted under Sections 11.1 and 11.4 shall, notwithstanding the passage of time beyond such periods, remain indemnifiable until enforced or compromised and satisfied in favor of, or withdrawn by, the amount Indemnitee. The limitations on liability for indemnification set forth in the proviso clauses of any indemnification or contribution obligations under this Separation Agreement Sections 11.2 and 11.3 shall not be adjusted apply to take into account any Covered Liability resulting from (i) a breach of representation or warranty contained herein committed with the Tax treatment Knowledge of Seller or Buyer, as the relevant Indemnitee with respect to case may be, or (ii) a willful intentional breach of a covenant within the indemnification control of Seller or contribution payment or Buyer, as the indemnified itemcase may be.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net Tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (i.e., grossed up for such increase) and (ii) reduced to take account of any net Tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such Tax cost or Tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 9.05(b) and shall be increased or reduced to reflect any such net Tax cost (including gross-up) or net Tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net Tax cost or a net Tax benefit to the contraryextent that, and at such time as, the amount of Taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of Taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for Taxes, and payments between such indemnified Parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for Tax purposes as if such payment were made immediately prior to the indemnified itemBreak-Up.

Certain Limitations. Notwithstanding anything contained in this Article VIII to the contrary: (a) If Indemnitor shall not have any Indemnitee receives any payment from an Indemnifying Party in respect liability under Section 8.2(a) or Section 8.3(a) above (as the case may be) unless the aggregate of any Indemnifiable all Losses and Litigation Expenses relating thereto for which Indemnitor would, but for this proviso, be liable exceeds $1,200,000 (the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential ContributorBasket”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, a cumulative basis and then only to the extent permitted by applicable Law, assign of any such excess; and the aggregate liability of its rights an Indemnitor pursuant to proceed against Section 8.2(a) or Section 8.3(a) above (as the Potential Contributor as are necessary case may be) shall in no event exceed an amount equal to permit such Indemnifying Party to recover from the Potential Contributor the amount finally set forth on Schedule A to the Limited Liability Company Agreement as the “Value of such payment the Initial Capital Contribution” of ▇▇▇▇▇▇. For purposes of calculating the Basket, Losses and Litigation Expenses shall be determined without regard to any qualification of any representation or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorwarranty in any respect by knowledge, materiality or material adverse effect. (b) If notwithstanding Section 5.04 The amount of indemnifiable Losses and Litigation Expenses incurred by Indemnitee under this Article VIII, shall be (a) reduced by any insurance proceeds actually received by the Indemnitee with respect to the Loss or Litigation Expense for which indemnification may be sought, net of retrospective premium adjustments and similar charges, and (b) reduced by any amounts actually recovered from any third parties, by way of indemnification or otherwise, with respect to the Loss or Litigation Expense for which indemnification may be sought, in each case net of expenses incurred by the Indemnitor in collecting such proceeds or amounts. In the event an insurance or other claim by an Indemnitee receives an amount from against a third party in respect of is pending at the time indemnification is sought from an Indemnifiable Loss that is Indemnitor, no reduction shall be made to the subject of indemnification hereunder after all amount payable by the Indemnitor but, as and when any insurance or a portion third-party proceeds are received by the Indemnitee, the indemnifiable Losses or Litigation Expenses shall be adjusted to reflect the receipt of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, proceeds and the Indemnitee shall promptly remit refund to the Indemnifying Party the Indemnitor any excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossindemnification payment theretofore made over the adjusted amount payable. (c) An insurer who would otherwise The liability of an Indemnitor under this Article VIII shall be obligated reduced by the net amount of any tax benefits actually realized by the Indemnitee or its shareholders to pay the extent the claim for which indemnification is sought gives rise to a deductible loss or expense. In the event tax benefits have not been actually realized (through a refund of or deduction or credit against taxes payable), or the net tax benefit cannot finally be determined, at the time indemnification is sought from an Indemnitor, no reduction shall be made to the amount payable by the Indemnitor but, as and when the tax benefits are actually realized and the net amount thereof finally determined, the indemnifiable Litigation Expenses and Losses shall be adjusted to reflect the net tax benefits realized and the Indemnitee shall promptly refund to the Indemnitor any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue excess of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in payment theretofore made over the absence of the indemnification provisions) by virtue of the indemnification provisions hereofadjusted amount payable. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have from third parties (including, without limitation, amounts actually recovered all or a part of under insurance policies) with respect to such Indemnifiable Loss from a third Losses or other liability. Any indemnifying party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor Indemnitee upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the relevant Indemnifiable Loss. (c) . An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto. If any Indemnitee recovers an amount from a third party in respect of an Indemnifiable Loss for which indemnification is provided in this Agreement after the full amount of such Indemnifiable Loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such Indemnifiable Loss and the amount received from the third party exceeds the remaining unpaid balance of such Indemnifiable Loss, it being expressly understood and agreed that no insurer then the Indemnitee shall promptly remit to the indemnifying party the excess (if any) of (A) the sum of the amount theretofore paid by the indemnifying party in respect of such Indemnifiable Loss plus the amount received from the third party in respect thereof, less (B) the full amount of such Indemnifiable Loss or other liability. (b) The amount of any Indemnifiable Losses or other Liability for which indemnification is provided under this Agreement or any other third amounts payable or reimbursable by one party to another under this Agreement shall be entitled increased or decreased to take account of any net Tax cost or any net Tax benefit in a “wind-fall” (i.e. a benefit they would not be entitled manner analogous to receive that described in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofTax Sharing Agreement. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (ai) If Except as otherwise provided herein, an Indemnified Party may not make any Indemnitee receives claim for indemnification for Losses in excess of the Cap resulting from the breach or violation of, or inaccuracy in, any payment from representation or warranty contained in this Agreement (or contained, incorporated or referred to in any certificate delivered in connection therewith), and, further, an Indemnifying Indemnified Party in respect of may not make any Indemnifiable claim for indemnification for any breach or violation of, or inaccuracy in, any representation or warranty unless and until the aggregate Losses and paid, incurred, sustained and/or accrued (or anticipated or be paid, incurred, sustained and/or accrued) exceed two hundred fifty thousand dollars ($250,000) (the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential ContributorThreshold Amount”) based on (at which time claims may be made and indemnifiable Losses shall be determined without regard to, and without deducting or subtracting, the underlying claim Threshold Amount). For purposes of this Article 7, all materiality and Business Material Adverse Effect qualifications in the representations and warranties contained in Article 2 or demand asserted against such Indemnifying Partycontained, such Indemnitee shall, incorporated or referred to in the extent permitted by applicable Law, assign such certificate related thereto delivered pursuant to Section 6.3(c) shall be disregarded for purposes of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor calculating the amount of such payment Losses, but shall not be disregarded for purposes of determining whether a breach of any representation or warranty contained in Article 2 (or contained, incorporated or referred to in the certificate delivered pursuant to Section 6.3(c)) has occurred. Neither the Cap nor the Threshold Amount shall apply to claims for indemnification (A) by an Indemnified Party for Losses resulting from fraud or willful breach by the Indemnifying Party or any Person who is or was a director, officer, Affiliate or stockholder of the Indemnifying Party in connection with this Agreement or any of the Ancillary Agreements or any certificate, agreement or instrument delivered in connection herewith or therewith, (B) by Purchaser for Losses resulting from any of the Excluded Assets or Retained Liabilities (in the case of indemnification claims by Purchaser related thereto), (C) by Seller for Losses resulting from any of the Assumed Liabilities (in the case of indemnification claims by Seller related thereto), (D) by Purchaser for any Losses for which Purchaser or any other Purchaser Indemnitee is entitled to indemnification pursuant to Sections 1.8, 5.5, 5.6 or 5.7, (D) by Purchaser for Losses resulting from any Excepted Matter or (F) by Purchaser for Losses resulting from any of the matters referred to in Schedule 7.2(b)(iv), any and all of which shall otherwise be subrogated recoverable by the applicable Indemnified Party without respect to such Indemnitee’s rights against the Potential ContributorCap or the Threshold Amount (other than Item 5 under Part II of Schedule 7.2(b)(iv), which shall be subject to the Cap but not the Threshold). (bii) If notwithstanding In the event of any conflict between the indemnification provisions of this Agreement, on the one hand, and the provisions of the Transition Services Agreement or the related statements of work attached thereto, on the other hand, the provisions of the Transition Services Agreement and the applicable statement of work shall control, but solely with respect to the indemnification for obligations expressly and exclusively established by the Transition Services Agreement and related statements of work attached thereto and not with respect to any other matter or obligation (as to each of which this Agreement shall govern, control and prevail). (iii) For Losses that are not subject to the Cap and are not for Excepted Matters as defined in Section 5.04 an Indemnitee receives an amount from a third party in respect 7.2(c)(v), the maximum respective liability of an Indemnifiable each of Seller and Purchaser under this Article 7 shall be equal to the Purchase Price. (iv) To the extent that any Loss that is the subject of a claim for indemnification hereunder under this Article 7 is compensated by insurance proceeds paid to an Indemnified Party, such Indemnified Party shall be entitled to indemnification pursuant to this Article 7 only with respect to the amount of Losses that are in excess of the cash proceeds received by such Indemnified Party pursuant to such insurance, after all or deducting therefrom the expenses incurred by such Indemnified Party in obtaining such proceeds and the amount of any increase in premiums payable by such Indemnified Party as a portion result of the claims made against such Indemnifiable Loss has been paid insurance in relation to such matter (“Net Insurance Proceeds”). If such Indemnified Party receives such cash insurance proceeds prior to the time such claim is paid, then the amount payable by an the Indemnifying Party pursuant to this Article V, the Indemnitee such claim shall promptly remit to the Indemnifying Party the excess (if any) of (i) be reduced by the amount of such Net Insurance Proceeds. If such Indemnified Party receives such cash insurance proceeds after such claim is paid, then upon receipt by such Indemnified Party of any cash proceeds pursuant to such insurance with respect to such claim, such Indemnified Party shall repay any portion of such Net Insurance Proceeds which was previously paid by the Indemnifying Party to such the Indemnified Party in respect satisfaction of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossclaim. (cv) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orAbsent fraud or intentional misrepresentation, solely by virtue of and other than for Excepted Matters (as defined below), the indemnification provisions hereofcontained in this Article 7 are intended to provide the sole and exclusive remedy following the Closing as to all Losses any Indemnified Party may incur arising from or relating to breaches and violations of, have any subrogation rights with respect theretoand inaccuracies in, it being expressly understood the representations and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence warranties of the indemnification provisionsIndemnifying Party in this Agreement; provided, that nothing in this Section 7.2(c) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under elsewhere in this Separation Agreement shall not be adjusted affect the parties’ rights to take into account the Tax treatment of the relevant Indemnitee specific performance or other equitable remedies with respect to the indemnification covenants and agreements in this Agreement, the Intellectual Property License Agreements or contribution payment any of the other Ancillary Agreements or that are to be performed at or after the indemnified itemClosing, and nothing in this Section 7.2(c) or elsewhere in this Agreement shall be construed to limit Seller’s responsibilities, obligations or liabilities in respect of the Retained Liabilities or Excluded Assets, or Purchaser’s responsibilities, obligations and liabilities in respect of Assumed Liabilities, or either Party’s responsibilities, obligations and liabilities in respect of its respective covenants, agreements and obligations (whether in this Agreement, in the Intellectual Property License Agreements or in the Transition Services Agreement (except, in the case of the Transition Services Agreement, as set forth in Section 7.2(c)(ii))) to be performed at or after the Closing (each an “Excepted Matter” and collectively, the “Excepted Matters”).

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted Damages payable under Section 8.1 by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated net of any (i) amounts recovered or recoverable by the Indemnified Party under applicable insurance policies (subject to any subrogation rights that may exist in favor of the insurer) or from any other Person alleged to be responsible therefor and (ii) Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Indemnitee’s rights against Damages (but only to the Potential Contributorextent that the receipt of such payment does not reduce the amount of the Tax benefit arising from such incurrence). If the Indemnified Party receives any amounts under applicable insurance policies, or from any other Person alleged to be responsible for any Damages, subsequent to an indemnification payment by the Indemnifying Party, then such Indemnified Party shall promptly reimburse the Indemnifying Party for any payment made or expense incurred by such Indemnifying Party in connection with providing such indemnification payment up to the amount received by the Indemnified Party, net of any expenses incurred by such Indemnified Party in collecting such amount. (b) The Indemnifying Party shall not be liable under Section 8.1 for any (i) consequential, special or punitive Damages (ii) Damages for lost profits (other than lost interest and fee income on the Mortgage Loans) or (iii) any Damages that would not exist if not for, or to the extent aggravated by, any act or wrongful omission of the Indemnified Party. (c) Each Indemnified Party shall mitigate in accordance with applicable Law any loss for which such Indemnified Party seeks indemnification under this Agreement. If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party such Indemnified Party mitigates its loss after the Indemnifying Party has paid the Indemnified Party under any indemnification provision of this Agreement in respect of an Indemnifiable Loss that is loss, the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnified Party shall notify the Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit and pay to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount extent of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved value of the responsibility with respect thereto or, solely by virtue benefit to the Indemnified Party of that mitigation (less the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a Indemnified Party’s reasonable costs of mitigation) within two Business Days after the benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofis received. (d) Notwithstanding anything Each Indemnified Party shall use reasonable efforts to the contrarycollect any amounts available under insurance coverage, the amount of or from any indemnification or contribution obligations other Person alleged to be responsible, for any Damages payable under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemSection 8.1.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, Indemnified Claim less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. Seller and the Buyer will, and will use commercially reasonable efforts to cause their respective representatives to, pursue promptly any claims or rights it may have against all third parties which would reduce the amount of Damages for which indemnification is provided under this Agreement. (db) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted Seller will have no obligation to take into account indemnify the Tax treatment of the relevant Indemnitee Buyer with respect to any matter if the indemnification Damages arise from a change in the accounting or contribution payment tax policies or practices of the indemnified itemSeller on or after the Closing Date. (c) Anything contained in this Agreement to the contrary notwithstanding, neither the Buyer nor the Seller will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect or consequential damages, lost profits or diminution in value.

Certain Limitations. A Company Indemnified Party or Parent Indemnified Party making a claim under this Article VII is referred to as the “Indemnified Party”, and a party against which such claims are asserted and that is obligated to provide indemnification under this Article VII is referred to as the “Indemnifying Party.” The indemnification provided for in Section 7.02 and Section 7.03 shall be subject to the following limitations: (a) If The Parent Indemnified Parties sole source of payment for any Indemnitee receives claims for indemnification owed to a Parent Indemnified Party pursuant to: [*****], as then held by the Escrow Agent pursuant to the Escrow Agreement. In no event, shall any payment from an Indemnifying Party have any liability for Indemnified Sales Taxes other than with respect to amounts paid from the respective Sales Tax Indemnity Escrow Amount as specified herein. It is the intention of the parties that in the event that any Parent Indemnified Party suffers any Losses with respect to Indemnified Sales Taxes subject to Section 7.02, that (x) the Indemnifying Parties would suffer 80% of such Losses (as paid solely from the applicable Sales Tax Indemnity Escrow Amount) and (y) the Indemnified Parties would suffer 20% of such Losses (without any right to indemnity hereunder). Any Losses owed to the Parent Indemnified Parties in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”claim for indemnification under Section 7.02(e) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover shall be recoverable from the Potential Contributor Securityholders by Parent (on behalf of the Parent Indemnified Party); provided, however, in no event shall the Losses indemnified pursuant to Section 7.02(e), exceed an aggregate amount in excess of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor[*****]. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss[*****]. (c) An insurer who Each Indemnified Party shall use commercially reasonable efforts to mitigate any Loss upon becoming aware of any event or circumstance that would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orreasonably expected to, solely by virtue of the indemnification provisions hereofor does, have any subrogation rights with respect give rise thereto; provided, it being expressly understood and agreed however, that no insurer or Person will be required to use such commercially reasonable efforts if the cost to mitigate such Loss would be detrimental in any other third party material respect to such Person compared to the benefits that could reasonably be expected to occur as a result of such mitigation efforts, and any costs incurred to mitigate any such Loss shall be entitled indemnifiable Losses hereunder, in each case, without regard to a “wind-fall” (i.e. a benefit they would not be entitled any to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofany potential claims or recovery hereunder. (d) Notwithstanding anything to the contrarycontrary herein, (i) the amount of any indemnification or contribution obligations under this Separation Agreement Sections 7.02(a)-(e) and Section 7.02(g) shall not be adjusted to take into account terminate on the Tax treatment date that is the one-year anniversary of the relevant Indemnitee with respect to Closing Date (the “Survival Expiration Date”) and (ii) the indemnification or contribution payment or obligations under Section 7.02(f) shall terminate on the indemnified itemdate that is 18 months after of the Closing Date, except, (i) in each of the foregoing clauses (i) and (ii) for pending claims for indemnification under this Article VII brought prior to such expiration (which shall terminate upon final resolution of each such pending claim, if any).

Certain Limitations. Notwithstanding anything to the contrary contained herein: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party AN INDEMNIFYING PARTY WILL NOT BE LIABLE TO AN INDEMNIFIED PARTY FOR ANY LOSSES OR CLAIMS (a “Potential Contributor”A) based on the underlying claim or demand asserted against such Indemnifying PartyOTHER THAN WITH RESPECT TO A THIRD PARTY CLAIM, such Indemnitee shallARISING OUT OF ANY PUNITIVE, to the extent permitted by applicable LawEXEMPLARY OR OTHER SPECIAL DAMAGES OR (B) ARISING OUT OF ANY INDIRECT, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorINCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING BUSINESS INTERRUPTION OR LOSS OF CUSTOMERS, GOODWILL, USE, INCOME, PROFITS OR ANTICIPATED PROFITS, BUSINESS OR BUSINESS OPPORTUNITY, SAVINGS, DATA, OR BUSINESS REPUTATION), REGARDLESS OF WHETHER SUCH DAMAGES ARE BASED IN CONTRACT, BREACH OF WARRANTY, TORT, NEGLIGENCE OR ANY OTHER THEORY, AND REGARDLESS OF WHETHER THE INDEMNIFYING PARTY HAS BEEN ADVISED OF, KNEW OF, OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES, OR (ii) CAUSED BY THE FAILURE OF AN INDEMNIFIED PARTY TO COMPLY WITH SECTION 10.10. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect The obligations of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party to provide indemnification under this Article X will be terminated, modified or abated as appropriate to the excess (if any) of extent that the underlying Claim (i) would not have arisen but for a voluntary act that is carried out at the amount paid by express written request of, or with the Indemnifying Party in respect express written approval, concurrence of such Liabilityor with the knowing assistance of the Indemnified Party, plus the amount received from the Third Party in respect thereof, less (ii) is based substantially on the full amount negligence, bad faith or willful misconduct of the Indemnifiable Loss. Indemnified Party, or (ciii) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything relates to the contraryinaccuracy or breach of a representation, warranty, covenant or agreement set forth in this Agreement of which the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect Indemnified Party had actual knowledge prior to the indemnification or contribution payment or the indemnified itemClosing.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 5.03(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemContribution Date.

Certain Limitations. The indemnification provided for in Section 7.02 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party Seller shall not be liable to Buyer for indemnification until the aggregate amount of all Losses in respect of indemnification exceeds $100,000 (the “Deductible”), in which event Seller shall only be required to pay or be liable for Losses in excess of the Deductible. With respect to any Indemnifiable claim as to which Buyer may be entitled to indemnification Seller shall not be liable for any individual or series of related Losses and which do not exceed $5,000 (which Losses shall not be counted toward the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorDeductible). (b) If notwithstanding Section 5.04 an Indemnitee receives an The aggregate amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Losses for which Seller shall be liable pursuant to this Article V, the Indemnitee Section 7.02 shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossnot exceed $1,000,000. (c) An insurer who would otherwise be obligated With respect to pay any claim shall not be relieved of the responsibility with respect thereto orliability to Buyer for Losses for which all Sellers are liable to Buyer, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party each Seller shall be entitled liable to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence Buyer only for his, her or its Pro Rata Share of the indemnification provisions) by virtue of the indemnification provisions hereofsuch Losses. (d) Notwithstanding anything Payments by Seller in respect of any Loss shall be limited to the contrary, the amount of any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received or reasonably expected to be received by Buyer (or the Company) in respect of any such claim. Buyer shall use its commercially reasonable efforts to recover under insurance policies or indemnity, contribution or other similar agreements for any Losses prior to seeking indemnification or contribution obligations under this Separation Agreement Agreement. (e) Payments by Seller in respect of any Loss shall be reduced by an amount equal to any Tax benefit realized or reasonably expected to be realized as a result of such Loss by Buyer. (f) In no event shall any Seller be liable to Buyer for any punitive, incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement, or diminution of value or any damages based on any type of multiple. (g) Buyer shall take, and cause its Affiliates to take, all reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto, including incurring costs only to the minimum extent necessary to remedy the breach that gives rise to such Loss. (h) Seller shall not be adjusted to take into account the Tax treatment liable under this Article VII for any Losses based upon or arising out of any inaccuracy in or breach of any of the relevant Indemnitee with respect representations or warranties of Seller contained in this Agreement if Buyer had knowledge of such inaccuracy or breach prior to the indemnification or contribution payment or the indemnified itemClosing.

Certain Limitations. The indemnification provided for in Section 8.02 and Section 8.03 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party Seller shall not be liable to Parent Indemnitees for indemnification under Section 8.02(a) until the aggregate amount of all Losses in respect of any Indemnifiable indemnification under Section 8.02(a) exceeds Twenty Thousand Dollars ($20,000) (the “Basket”), in which event Seller shall be required to pay or be liable for all such Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorfirst dollar. (b) If notwithstanding The aggregate amount of all Losses for which the Sellers shall be liable pursuant to Section 5.04 an Indemnitee receives an 8.02(a), shall not exceed the aggregate amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid Merger Consideration actually received by the Sellers. (c) Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee Section 8.02 or Section 8.03 in respect of any Loss shall promptly remit be limited to the Indemnifying Party the excess (if any) amount of (i) the amount paid any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received by the Indemnifying Indemnified Party in respect of any such Liabilityclaim. The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, plus contribution or other similar agreements for any Losses prior to seeking indemnification under this Agreement. If after payment of any indemnity payment as to a claim, the amount received from the Third Indemnified Party receives insurance proceeds or any indemnity, contribution or other similar payment in respect thereofof any such claim, the Indemnified Party shall reimburse the Indemnifying Party with respect such payment, less (ii) the full amount of cost, if any, to obtain such payment, to the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of extent that the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofIndemnified Party has received duplicate recovery. (d) Notwithstanding anything Payments by an Indemnifying Party pursuant to Section 8.02 or Section 8.03 in respect of any Loss shall be reduced by an amount equal to any Tax benefit realized as a result of such Loss by the contraryIndemnified Party. If after payment of any indemnity payment as to a claim, the amount Indemnified Party realizes a Tax benefit as a result of such Loss, the Indemnified Party shall reimburse the Indemnifying Party with respect such Tax benefit less the cost, if any, to obtain such Tax benefit. (e) In no event shall any indemnification Indemnifying Party be liable to any Indemnified Party for any punitive, incidental, consequential, or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee special or indirect damages, except with respect to Third Party Claims and then only to the indemnification extent that such punitive, incidental, consequential or contribution payment special or indirect damages are awarded against the indemnified itemIndemnified Party and in favor of the third party claimant. (f) Each Indemnified Party shall take, and cause its Affiliates to take, all reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto, including incurring costs only to the minimum extent necessary to remedy the breach that gives rise to such Loss.

Certain Limitations. (aA) Tenant shall have the right to exercise the Additional Space Option only during the period that the Minimum Demise Requirement is satisfied, the Minimum Occupancy Requirement is satisfied, and the Initial Tenant Requirement is satisfied. (B) Tenant’s exercise of the Additional Space Option shall be ineffective if, on the date that Tenant gives the Additional Space Notice to Landlord, an Event of Default has occurred and is then continuing. If (i) Tenant exercises the Additional Space Option, and (ii) at any Indemnitee receives time prior to the Additional Space Commencement Date, an Event of Default has occurred and is then continuing, the Minimum Demise Requirement is not satisfied, the Minimum Occupancy Requirement is not satisfied, or the Initial Tenant Requirement is not satisfied, then, at any payment from time prior to the Additional Space Commencement Date, Landlord shall have the right to declare Tenant’s exercise of the Additional Space Option ineffective by giving notice thereof to Tenant, in which case Landlord shall have the right to lease the Additional Space (or any portion thereof) to any other Person on terms acceptable to Landlord in Landlord’s sole discretion. (C) Subject to the terms of this Section 19.3(C), an Indemnifying Party Additional Space Notice that Tenant gives to Landlord shall not be effective for purposes hereof (and shall be of no force or effect) unless Tenant delivers to Landlord, on or before the thirtieth (30th) day after the date that Tenant gives the Additional Space Notice to Landlord, an amendment to the Letter of Credit (in respect a form that is reasonably satisfactory to Landlord) that increases the amount of the Letter of Credit by an amount equal to the product obtained by multiplying (x) an amount equal to the first monthly installment of Fixed Rent for a full calendar month that becomes payable hereunder for the Additional Space, by (y) the quotient obtained by dividing (I) the Security Amount required pursuant to Article 26 hereof on the Additional Space Commencement Date (other than the amount of any Indemnifiable Losses and security required to be deposited by Tenant for the Indemnitee could have recovered all or a part Additional Space pursuant to this Section 19.3(C)), by (II) the monthly installment of such Indemnifiable Loss from a third party (a “Potential Contributor”) based Fixed Rent that is payable hereunder for the Premises on the underlying claim or demand asserted against Additional Space Commencement Date (other than the monthly installment of Fixed Rent that is payable hereunder for the Additional Space). Landlord and Tenant shall calculate initially the amount of the aforesaid increase in the Letter of Credit assuming that (1) the Fixed Rent for the Additional Space is an amount equal to the product obtained by multiplying (I) the quotient obtained by dividing (x) the Fixed Rent that is payable hereunder at such Indemnifying Partytime (other than the Fixed Rent that is payable hereunder for the Additional Space), by (y) the number of square feet of Rentable Area comprising the Premises at such Indemnitee shalltime (other than the Rentable Area comprising the Additional Space), by (II) the number of square feet of Rentable Area comprising the Additional Space, and (2) the Security Amount required on the Additional Space Commencement Date is the Security Amount required on the date of the Additional Space Notice. Landlord and Tenant shall adjust the amount of the aforesaid increase in the Letter of Credit to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) necessary within fifteen (15) Business Days after the date that the parties determine the Fair Market Rent for the Additional Space in accordance with the terms of Article 21 hereof and/or within fifteen (i15) Business Days after the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less Additional Space Commencement Date (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to if there is a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything change to the contrary, Security Amount required on the amount Option Space Commencement Date in accordance with the terms of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemArticle 26 hereof).

Certain Limitations. (a) If An Indemnified Party shall not be entitled to indemnification for Losses in respect of any Indemnitee receives any payment from matter to the extent the same was already taken into account in the calculation of the Consideration in accordance with Section 1.5 or would otherwise result in duplicative recovery. (b) Payments by an Indemnifying Party pursuant to this Section 7.8 in respect of any Losses shall be limited to the amount of any liability or damage that remains after deducting therefrom any insurance proceeds received and any indemnity, contribution or other similar payment received by the Indemnified Party in respect of any Indemnifiable Losses such Claim, in each case net of any deductibles and the Indemnitee could have recovered reasonable costs and expenses of pursuing such claim and collecting such insurance proceeds. (c) All Indemnified Parties will use commercially reasonable efforts to mitigate any Losses upon becoming aware of any event or circumstances that would reasonably be expected to, or does, give rise to a Claim, including commercially reasonable efforts to recover all or a part Losses from insurers of such Indemnifiable Loss from a third party Indemnified Party under applicable insurance policies so as to reduce the amount of any Losses hereunder. (a “Potential Contributor”d) based on After any indemnification payment is made to any Indemnified Party pursuant to this Section 7.8, the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee Party shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise payment, be subrogated to all rights (if any) of the Indemnified Party against any third party in connection with the Losses to which such Indemnitee’s rights against payment relates. Without limiting the Potential Contributorgenerality of the preceding sentence, any Indemnified Party receiving an indemnification payment pursuant to the preceding sentence shall execute, upon the written request of the Indemnifying Party, any instrument reasonably necessary to evidence such subrogation rights. (be) If notwithstanding Payments by an Indemnifying Party pursuant this Section 5.04 an Indemnitee receives 7.8 in respect of any Losses shall be reduced by: (i) an amount equal to any Tax benefit realized; and (ii) an amount received by the Indemnified Party as a result of indemnification or recovery of damages from a third party in respect of an Indemnifiable Loss that is the subject such Claim, in each case, net of indemnification hereunder after all or a portion of out-of-pocket costs incurred in recovering such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit proceeds and amounts (f) Notwithstanding anything herein to the Indemnifying contrary or provided for under any applicable Law, in no event shall any Party the excess be liable to any other Party for any punitive or exemplary damages or any consequential or indirect damages that are not reasonably foreseeable (if any) of (i) the amount paid or actually foreseen by the Indemnifying Party except if, and to the extent, any such damages are paid or payable to a third party as finally determined by a court of competent jurisdiction in respect of such Liability, plus the amount received from the Third any Third-Party in respect thereof, less (ii) the full amount of the Indemnifiable LossClaim for which indemnification hereunder is otherwise required. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Subject to the extent permitted following provisions of this Section 9.3 (a), Sellers shall not be obligated or required to make any indemnification payment, and Buyer Indemnified Parties shall not be entitled to present a claim, demand or to receive any indemnification payment pursuant to ‎this Agreement or pursuant to any of the other Transaction Agreements: (i) with respect to any specific item of claim which represent a damage of less than US$ 20,000 (De Minimis)until such time as the total amount of all Damages that have been suffered or incurred by applicable Lawany one or more of the Buyer Indemnified Parties (for all items of claim which exceeded the aforesaid De Minimis amount, assign such of its rights together) exceeds a total amount equal to proceed against USD 250,000 (the Potential Contributor as are necessary to permit such Indemnifying Party to recover from “Basket Amount”). If the Potential Contributor the total amount of such payment Damages reaches or exceeds the Indemnifying Party Basket Amount then the Buyer Indemnified Parties shall otherwise be subrogated entitled to be indemnified for the entire amount of such Indemnitee’s rights against Damages including the Potential ContributorBasket Amount. Notwithstanding the foregoing, the limitations set forth in this Section 9.3 (a) do not apply in the case of fraud, intentional misrepresentation, or willful or criminal misconduct. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party Notwithstanding anything to the contrary herein or in respect the other Transaction Agreements, the maximum aggregate Liabilities of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Sellers pursuant to this Article VAgreement or in the other Transaction Agreements, shall in no event exceed an amount equal to 25% of the aggregate Purchase Price actually paid to Sellers hereunder. Notwithstanding the foregoing, the Indemnitee shall promptly remit to limitations set forth in this Section 9.3 (b) do not apply in the Indemnifying Party the excess (if any) case of (i) the amount paid by the Indemnifying Party in respect of such Liabilityfraud, plus the amount received from the Third Party in respect thereofintentional misrepresentation, less (ii) the full amount of the Indemnifiable Lossor willful or criminal misconduct. (c) An insurer who would otherwise be obligated Any amounts payable pursuant to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereofobligations hereunder, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any (if any) in the other third party Transaction Agreements shall be entitled to a “wind-fall” (i.e. a benefit they would not paid without duplication, and in no event shall any Party be entitled to receive in indemnified under different provisions of this Agreement or the absence of other Transaction Agreements for the indemnification provisions) by virtue of the indemnification provisions hereofsame Damages. (d) Notwithstanding anything to the contrarycontrary herein or in the other Transaction Agreements, except in the amount case fraud, intentional misrepresentation, or willful or criminal misconduct, Sellers and Buyers shall have no liability for any loss of profits or anticipated savings; loss of goodwill or injury to reputation; the loss of business opportunity; punitive or exemplary damages; or any indemnification other indirect, consequential or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification special loss or contribution payment or the indemnified itemdamage.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of 67 out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. . Seller and Buyer will, and will use commercially reasonable efforts to cause their respective Representatives to, pursue promptly any claims or rights it may have against all third parties which would reduce the amount of Damages for which indemnification is provided under this Agreement. (db) Notwithstanding anything The amount of Damages for which indemnification is provided under this Agreement, including under Section 13.8, will be (i) increased to take account of any Tax cost incurred (grossed up for such increase) by the Indemnified Party arising from the receipt of indemnity payments hereunder (unless such indemnity payment is treated as an adjustment to the contrary, Purchase Price for tax purposes) and (ii) reduced to take account of any Tax benefit realized by the Indemnified Party arising from the incurrence or payment of any such Damages. In computing the amount of any indemnification such Tax cost or contribution obligations under Tax benefit, the Indemnified Party will be deemed to be subject (A) to the applicable federal and/or local country Income Taxes at the maximum statutory rate then in effect and (B) to state and local Taxes (if applicable) at a combined state and local Tax rate of 5 percent, which will be Tax effected at such maximum Tax rate. Any indemnity payment made pursuant to this Separation Agreement shall not will be adjusted treated as an adjustment to take into account the Purchase Price for Tax treatment purposes unless a determination (as defined in Section 1313 of the relevant Indemnitee Code) or a similar event under foreign Tax Law with respect to the indemnification Indemnified Party causes any such payment not to constitute an adjustment to the Purchase Price for United States federal Income Tax purposes or contribution payment foreign Tax purposes, as the case may be. (c) Anything contained in this Agreement to the contrary notwithstanding, Seller will have no obligation to indemnify any member of the Buyer Group with respect to any matter to the extent a provision or reserve was made in the indemnified item.Final Closing Statement with respect to such matter or such matter was otherwise taken into account in the preparation of the Final Closing Statement or if the Damages arise from a change in the accounting or Tax policies or practices of Buyer or any of its Affiliates (including the Acquired Companies) on or after the Closing Date. 68

Certain Limitations. The indemnification provided for in Section 7.02 and Section 7.03 will be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party There shall be no liability for indemnification under Section 7.02(a), until the aggregate amount of all Losses in respect of any Indemnifiable Losses and all indemnification claims asserted by the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on Parent Indemnified Parties thereunder exceeds the underlying claim or demand asserted against such Indemnifying PartyDeductible, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or in which event the Indemnifying Party will only be required to pay or be liable for Losses in excess of the Deductible. With respect to any claim for indemnification under Section 7.02(a), no Parent Indemnified Party may recover, and no Indemnifying Party will be liable for, any individual or series of related Losses that do not exceed the Mini-Basket (which Losses will not be counted towards the Deductible); provided that the foregoing limitations in this Section 7.04(a) shall otherwise not apply to the Company Fundamental Representations or claims based on Actual Fraud, with respect to which, in each case, all Losses in connection therewith shall be subrogated recoverable from the first dollar. There shall be no liability for indemnification under Section 7.02(b)(ii), until the aggregate amount of all Losses in respect of all indemnification claims asserted by the Parent Indemnified Parties thereunder exceeds the Mini-Basket, in which event the Indemnifying Party will only be required to such Indemnitee’s rights against pay or be liable for Losses in excess of the Potential ContributorMini-Basket. (b) If notwithstanding The aggregate amount of all Losses that the Parent Indemnified Parties may recover pursuant to Section 5.04 an Indemnitee receives 7.02(a) shall not exceed the General Indemnity Holdback Amount; provided that no provision herein will prohibit any Parent Indemnified Party from recovery of amounts under the RWI Policy. The aggregate amount of all Losses that the Parent Indemnified Parties may recover pursuant to Sections 7.02(b)(i) and 7.02(b)(ii) shall not exceed an amount equal to the sum of the Other Matters Indemnity Holdback Amount and the Other Matters Excess Claim Amount. A Parent Indemnified Party may only recover Losses (i) pursuant to Section 7.02(a) from the General Holdback Escrow Account and under the RWI Policy and (ii) pursuant to Sections 7.02(b)(i) and 7.02(b)(ii) from the Other Matters Holdback Escrow Account (as may be increased by the Other Matters Excess Claim Amount), and in no event may a third party Parent Indemnified Party recover any Losses under Article VII directly from any Securityholder (or any other Person). (c) There shall be no liability for indemnification under Section 7.03(a) until the aggregate amount of all Losses in respect of all indemnification claims asserted by the Seller Indemnified Parties thereunder exceeds the Deductible, in which event the Indemnifying Party will only be required to pay or be liable for Losses in excess of the Deductible. With respect to any claim for indemnification under Section 7.03(a), no Seller Indemnified Party may recover, and no Indemnifying Party will be liable for, any individual or series of related Losses that do not exceed the Mini-Basket (which Losses will not be counted towards the Deductible); provided that the foregoing limitations shall not apply to the Parent Fundamental Representations or claims based on Actual Fraud, with respect to which, in each case, all Losses in connection therewith shall be recoverable from the first dollar. (d) The amount of any Loss for which indemnification is provided pursuant to Section 7.02 or Section 7.03 will be net of any amounts actually recovered by the Indemnified Parties in respect of any such claim from insurance policies, and all indemnity, contribution and similar payments received by the Indemnified Party (or its parent or any of its Subsidiaries) from third parties in respect of any such claim. The Indemnified Party will use its reasonable best efforts (for a reasonable period of time) to recover under insurance policies and indemnity, contribution and similar agreements for any Losses prior to collecting any amounts under Article VII of this Agreement; provided that using such efforts by the Indemnified Parties shall not be a precondition to making a claim for Losses by such Indemnified Party in accordance with this Article VII. If the Indemnified Party (or its parent or any of its Subsidiaries) receives any such payment with respect to a claim after it has already received an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion payment on account of such Indemnifiable Loss claim, then such payment shall be applied first, to reimburse the Indemnified Party for any Losses with respect to such claim for which it has not been paid fully compensated and any reasonable out-of-pocket expenses (including reasonable attorney’s fees and expenses) expended by it in pursuing such recovery or defending any claims arising therefrom, second, to reimburse the Indemnifying Party for any reasonable out-of-pocket expenses (including reasonable attorney’s fees and expenses) expended by it in pursuing such recovery or defending any claims arising therefrom, and third, to reimburse the Indemnifying Party for the amount of the indemnification payment made to the extent that such amount was not already deducted from the indemnification payment made by the Indemnifying Party or from the General Holdback Escrow Account or Other Matters Holdback Escrow Account (as applicable), or, prior to the Escrow Expiration Date, return such amount to the General Holdback Escrow Account or Other Matters Holdback Escrow Account (as applicable). (e) Payments from the General Holdback Escrow Account or Other Matters Holdback Escrow Account pursuant to Section 7.02 or by an Indemnifying Party pursuant to this Article VSection 7.03, the Indemnitee shall promptly remit in each case, in respect of any Loss will be reduced by an amount equal to any Tax benefit to the Indemnifying extent realized or reasonably expected to be realized (within the taxable year in which the Loss was incurred or the immediately following taxable year) as a result of such Loss by the Indemnified Party (or its parent or any of its Subsidiaries). (f) In no event will any Indemnified Party be entitled to recover any punitive, exemplary, speculative damages, damages that are not reasonably foreseeable or any damages based on any type of multiple (except to the excess extent any Parent Indemnified Party is liable for the same pursuant to any Third-Party Claim). (g) In no event will any Parent Indemnified Party be entitled to recover any Losses to the extent such Losses (i) were reserved for in the Interim Financial Statements, (ii) are taken into account in the calculation of Final Closing Working Capital or (iii) are included in the calculation of the Post-Closing Adjustment Amount. (h) In no event will an Indemnified Party be entitled to recover for any Losses relating to such Indemnified Party’s (or its Affiliates’) own general and administrative time, allocation of personnel wages, other overhead expenses or other similar internal costs. (i) For purposes of determining the existence of any breach of any representation, warranty or covenant and for calculating the amount of any Losses arising from any breach of any representation, warranty or covenant, all representations, warranties and covenants shall be treated as if any) of the words “material,” “materially,” “in all material respects,” “Material Adverse Effect” or similar words or phrases containing such words were omitted from such representations, warranties and covenants, except for (i) the amount paid by representations set forth in Section 3.05, which shall, for purposes of determining any breach of Section 3.05 and Losses related thereto, retain the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less Material Adverse Effect qualification therein and (ii) the full amount representations set forth in Section 3.13(a). The indemnification obligations of the Indemnifiable Lossparties hereto or recovery from the General Holdback Escrow Account or the Other Matters Holdback Escrow Account, as applicable, and the rights and remedies that may be exercised by an Indemnified Party shall not be limited or otherwise affected by or as a result of any information furnished to, or any investigation made by or knowledge of any of the Indemnified Parties or any of their Representatives. (cj) An insurer who would otherwise be obligated to pay any claim Each Indemnifying Party waives, and acknowledges and agrees that such Indemnifying Party shall not be relieved have and shall not exercise or assert (or attempt to exercise or assert), any right of contribution, subrogation, right of indemnity or other similar right or remedy against any of the responsibility Securityholders, the Surviving Corporation or any of its Subsidiaries in connection with respect thereto or, solely by virtue of the any indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer obligation or any other third party shall be entitled liability to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations which such Indemnifying Party may become subject under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemAgreement.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. The Seller and the Purchaser will use commercially reasonable efforts to mitigate the amount of Damages for which indemnification is provided under this Agreement. (b) The amount of Damages for which indemnification is provided under this Agreement will reduced to take account of any Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Damages. (c) Anything contained in this Agreement to the contrary notwithstanding, the Seller will not have any obligation to indemnify any member of the Purchaser Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Entities after the Closing Date. (d) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, excluding a party’s breach of its confidentiality obligations, no member of the Seller Group and no member of the Purchaser Group will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect, or consequential damages, lost profits or diminution in value. No Damages shall be determined or increased based on any multiple of any financial measure (including earnings, sales or other benchmarks) that might have been used by the Purchaser in the valuation of the Acquired Company Interests, the amount of any Acquired Entities or their respective businesses and operations. (e) No Indemnified Party shall be entitled to indemnification or contribution obligations under this Separation Agreement Article X for any breach of a representation or warranty hereunder if (1) such Indemnified Party had actual knowledge of such breach on or before Closing and (2) the Indemnifying Party did not have actual knowledge of such breach (or the facts giving rise to such breach) on or before the Closing. Solely for purposes of this Section 10.4(e) “actual knowledge” as it relates to (i) the Purchaser shall not be adjusted to take into account mean the Tax treatment actual knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and (ii) the relevant Indemnitee Seller shall mean with respect to the Operating Entities, the actual knowledge of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Operations VP and General Manager, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Financial Manager and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Commercial Manager, and with respect to International and Power, the actual knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇, Assistant Controller of TECO Guatemala, Inc. (f) In addition to the limitations set forth in this Section 10.4 and Section 10.6, with respect to any claim for indemnification regarding any breach of the representation and warranty set forth in Section 4.10 there shall be no obligation to indemnify any member of the Purchaser Group for any Damages (i) unless the Damages arise out of (A) a Third Party Claim that is not intentionally instigated or contribution payment encouraged by any member of the Purchaser Group, or (B) a condition discovered in the indemnified itemordinary course of business, and then (ii) only to the extent such Damages were incurred to comply with applicable Environmental Laws using, in the case of any remedial measures taken by or on behalf of the Purchaser (including the Acquired Entities) after the Closing, reasonable and recognized remediation protocols and techniques that are economically reasonable in relation to other reasonable and recognized remediation protocols and techniques; provided, however, that there shall be no liability for any such Damages to the extent that any member of the Purchaser Group or any other Person after Closing contributed to the condition or circumstance forming the basis of such Damages. (g) Any Damages for which any member of the Purchaser Group is entitled to indemnification under Section 10.1 shall be determined without duplication of recovery by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation and warranty or covenant.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted payable under this Article IX by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall be net of (i) any amounts actually recovered by the Indemnified Party under applicable insurance policies or from any other Person alleged to be responsible therefor and (ii) any reduction in cash Taxes otherwise payable (determined on a with and without basis) to the extent actually realized by the Indemnified Party arising from the incurrence or payment of any such Losses no later than the second taxable year after the taxable year in which the indemnification payment is made. If the Indemnified Party or any Affiliate thereof receives any amounts under applicable insurance policies, or from any other Person alleged to be subrogated responsible for any Losses, subsequent to an indemnification payment by the Indemnifying Party, or actually realizes such Indemnitee’s rights against a reduction in Taxes (calculated as described in the Potential Contributorpreceding sentence) subsequent to an indemnification payment by the Indemnifying Party, in each case that was not taken into account under the immediately preceding sentence, then such Indemnified Party shall promptly reimburse the Indemnifying Party for any such payment made or expense incurred by such Indemnifying Party in connection with providing such indemnification payment up to the amount received or realized by the Indemnified Party net of any expenses incurred by such Indemnified Party in collecting such amount and any increases in insurance premiums. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect The Indemnified Parties agree to take all reasonable steps to mitigate any Losses arising out of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit relating to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossSpecified Matters consistent with Delaware Law. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything in this Agreement to the contrary, recovery from the Specified Matters Escrow Account shall be the sole and exclusive remedy available to any Indemnified Party for Losses related to, in connection with or arising from the Specified Matters, and on the date that the amount of any cash in the Specified Matters Escrow Account is reduced to zero, the Indemnified Parties shall have no further rights to indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemArticle IX.

Certain Limitations. The indemnification provided for in Section 8.02 and Section 8.03 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party Scouted and the Scouted Indemnitors shall not be liable to the Recruiter Indemnitees for indemnification under Section 8.02 until the aggregate amount of all Losses in respect of any Indemnifiable Losses the Recruiter Indemnitees are entitled to indemnification under Section 8.02 exceeds $10,000 (the “Basket”), in which event Scouted and the Indemnitee could have recovered Scouted Indemnitors shall be required to pay or be liable for all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor Losses as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorif there was no Basket. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is Notwithstanding anything herein to the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article Vcontrary, the Indemnitee indemnification obligation of Recruiter and Newco shall promptly remit to not exceed $320,000, and the Indemnifying Party the excess (if any) indemnification obligation of (i) the amount paid by the Indemnifying Party in respect any Scouted Indemnitor shall not exceed such Scouted Indemnitor’s Indemnity Pro Rata Percentage of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss$320,000. (c) An insurer who would otherwise Notwithstanding anything herein to contrary, the liability of Scouted and the Scouted Indemnitors shall be obligated limited to the value of the Recruiter Common Stock issued under this Agreement or transferred to the Scouted Indemnitors based on the Share Consideration Price Per Share. In no event shall Scouted or the Scouted Indemnitors be required to pay any claim shall not or be relieved liable pursuant to Section 8.02 for an amount exceeding the value of the responsibility number of shares of the Recruiter Common Stock based on the Share Consideration Price Per Share issued pursuant to this Agreement to Scouted or transferred to any Recruiter Indemnitors under a Joinder Agreement executed by Scouted and each Scouted Indemnitor, the form of which is attached as Exhibit H (the “Joinder Agreement”). Under the Joinder Agreement, Scouted shall transfer the Recruiter Common Stock issued pursuant to this Agreement to each Scouted Indemnitor who shall agree to indemnify Newco and Recruiter in accordance with respect thereto orthe terms of Section 8.02 hereof on a pro rata basis based on a fraction in which the numerator is the number of shares of Recruiter Common Stock transferred to such Scouted Indemnitor and the denominator is the number of shares of Recruiter Common Stock issued under this Agreement. For clarification, solely assuming $100,000 of Losses and 10 recipients of the Recruiter Common Stock issued under this Agreement (including the Scouted Indemnitors), each of whom received 10% of such Recruiter Common Stock, under the Joinder Agreement each such Person shall be liable for up to $10,000 of such Losses based on the Share Consideration Price Per Share of the Recruiter Common Stock received by virtue such Person. Each of Recruiter and Newco agree to enforce the indemnification provisions hereof, have any subrogation rights contained herein in a manner that is consistent with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsuch Joinder Agreement. (d) Notwithstanding anything Each Indemnified Party must act promptly to avoid or mitigate any Losses which it or any other Indemnified Party may suffer in consequence of any fact, matter or circumstance giving rise to a claim for indemnification under this Agreement or likely to give rise to a claim for indemnification under this Agreement and no Indemnified Party shall be entitled to recover under this Agreement to the contrary, the amount extent of any indemnification Losses that could have been avoided but for the Indemnified Party’s failure to avoid or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemmitigate such Losses.

Certain Limitations. The Regency Indemnitees’ and the Member Indemnitees’ rights to indemnification under this Article IX shall be limited as follows: (a) If No Claim Notice for indemnification may be provided and no Claim for indemnification may be made with respect to any Indemnitee receives any payment from an Indemnifying Party Claim for breach of a representation, warranty, covenant or other agreement in respect of any Indemnifiable Losses and this Agreement beyond the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorperiod specified in Section 9.1. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in the Regency Indemnitees shall seek indemnification with respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article Vany Escrow Indemnity Claim, the Indemnitee Regency Indemnities’ sole recourse and recovery rights with respect to Damages relating to an Escrow Indemnity Claim shall promptly remit to the Indemnifying Party the excess (if any) of be (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received recovery from the Third Party Escrow Fund in respect thereofaccordance with this Article IX and Article XI, less (ii) recovery from Member as permitted by the full immediately following sentence and (iii) recovery by offset against the Sonat Cash Payment in accordance with Section 9.5; provided the aggregate amount of Damages that may be recovered with respect to all Escrow Indemnity Claims pursuant to clauses (i), (ii) and (iii) above shall not exceed $8,500,000. If the Indemnifiable LossEscrow Fund shall be insufficient to cover any Escrow Indemnity Claim, the Regency Indemnitees shall have recourse to Member with respect to any Escrow Indemnity Claim as to which the balance of the Escrow Fund is insufficient to cover in full for amounts up to, and only up to, amounts distributed from the Escrow Fund to cover Damages relating to Non-Escrow Indemnity Claims and to pay the Merger Consideration Deficit to Regency pursuant to Section 2.8(d)(i) and Section 11.2(c), if applicable. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer No Regency Indemnitee or any other third party Member Indemnitee shall be entitled to a “wind-fall” recover Damages pursuant to Section 9.2(a)(ii) or Section 9.3(a)(ii), respectively, unless: (i.e. a benefit they would i) the Regency Indemnitees, collectively, or the Member Indemnitees, collectively, shall have suffered or incurred aggregate Damages otherwise recoverable under this Article IX in an amount in excess of the Deductible, and then recovery shall be permitted only to the extent of such excess; and (ii) after the Deductible has been met, the Regency Indemnitees, collectively, or the Member Indemnitees, collectively, shall have suffered or incurred Damages with respect to the individual Claim or series of related Claims that arise out of substantially the same facts and circumstances for which Damages are in excess of $25,000, in which case the full amount of such Damages shall be recoverable, subject to the limitations imposed by the other provisions of this Article IX (including clause (i) of this Section 9.4). Notwithstanding the foregoing, with respect to any claim for indemnification (and the Damages recoverable therefrom) that may be brought under both Section 9.2(a)(ii), on the one hand, and any other subsection of Section 9.2(a), on the other hand, shall not be entitled subject to receive any limitation specified in this Section 9.4(c) and any claim for indemnification (and the absence Damages recoverable therefrom) that may be brought under Section 9.3(a)(ii), on the one hand, and any other subsection of Section 9.3(a), on the indemnification provisions) by virtue of the indemnification provisions hereofother hand, shall not be subject to any limitation specified in this Section 9.4(c). (d) Notwithstanding anything to the contrary, the amount of any If an indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Claim is brought by a Regency Indemnitee with respect to a Non-Escrow Indemnity Claim, the indemnification or contribution payment Regency Indemnitee must first, recover the Damages incurred with respect to such Claim from the Escrow Fund in accordance with Article XI to the extent of amounts available in the Escrow Fund, and only thereafter shall be entitled to recover any Damages with respect to a Non-Escrow Indemnity Claim not recovered from the Escrow Fund from Member. (e) The aggregate liability of Member pursuant to Section 9.2 shall not exceed the amount of the Merger Consideration received by Member. (f) The provisions of this Article IX shall apply in such a manner as not to give duplicative effect to any item of adjustment and if there has been an adjustment to the Merger Consideration for any Damages, there shall not be any charge against the Deductible or the Escrow Fund and no Indemnitee may claim a breach of any representation or warranty with respect to any Damages that gave rise to such adjustment in the Merger Consideration pursuant to Section 2.8 to the extent of the amount of such Damages given effect in such adjustment to the Merger Consideration. (g) No Person shall have any right to indemnification under this Article IX to the extent such Damages are duplicative of Damages that have previously been recovered hereunder. (h) The amount of any Damages for which indemnification is provided under this Article IX shall be net of any accruals or reserves on the Final Closing Statement that specifically relate to the matter(s) for which indemnification is claimed, and if the amount to be netted hereunder from any payment required hereunder is determined after payment of any amount otherwise required to be paid to an indemnified itemPerson pursuant to this Article IX, the indemnified Person shall repay to Member or to Regency, as applicable, promptly after such determination, any amount that should not have been paid pursuant to this Article IX had such determination been made at the time of such payment. (i) No Regency Indemnitee shall be entitled to recover Damages pursuant to Section 9.2(a)(iv) unless the Regency Indemnitees, collectively, shall have suffered or incurred Damages with respect to the individual Claim or series of related Claims that arise out of substantially the same facts and circumstances for which Damages are in excess of $25,000, in which case the full amount of such Damages shall be recoverable, subject to the limitations imposed by the other provisions of this Article IX.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. The Seller and the Purchaser will use commercially reasonable efforts to mitigate the amount of Damages for which indemnification is provided under this Agreement. (b) The amount of Damages for which indemnification is provided under this Agreement will reduced to take account of any Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Damages. (c) Anything contained in this Agreement to the contrary notwithstanding, the Seller will not have any obligation to indemnify any member of the Purchaser Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Entities after the Closing Date. (d) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, excluding a party’s breach of its confidentiality obligations, no member of the Seller Group and no member of the Purchaser Group will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect, or consequential damages, lost profits or diminution in value. No Damages shall be determined or increased based on any multiple of any financial measure (including earnings, sales or other benchmarks) that might have been used by the Purchaser in the valuation of the Acquired Company Interests, the amount of any Acquired Entities or their respective businesses and operations. (e) No Indemnified Party shall be entitled to indemnification or contribution obligations under this Separation Agreement Article X for any breach of a representation or warranty hereunder if (1) such Indemnified Party had actual knowledge of such breach on or before Closing and (2) the Indemnifying Party did not have actual knowledge of such breach (or the facts giving rise to such breach) on or before the Closing. Solely for purposes of this Section 10.4(e) “actual knowledge” as it relates to (i) the Purchaser shall not be adjusted to take into account mean the Tax treatment actual knowledge of ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and (ii) the relevant Indemnitee Seller shall mean with respect to the Operating Entities, the actual knowledge of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Operations VP and General Manager, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Financial Manager and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Commercial Manager, and with respect to International and Power, the actual knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇, Assistant Controller of TECO Guatemala, Inc. (f) In addition to the limitations set forth in this Section 10.4 and Section 10.6, with respect to any claim for indemnification regarding any breach of the representation and warranty set forth in Section 4.10 there shall be no obligation to indemnify any member of the Purchaser Group for any Damages (i) unless the Damages arise out of (A) a Third Party Claim that is not intentionally instigated or contribution payment encouraged by any member of the Purchaser Group, or (B) a condition discovered in the indemnified itemordinary course of business, and then (ii) only to the extent such Damages were incurred to comply with applicable Environmental Laws using, in the case of any remedial measures taken by or on behalf of the Purchaser (including the Acquired Entities) after the Closing, reasonable and recognized remediation protocols and techniques that are economically reasonable in relation to other reasonable and recognized remediation protocols and techniques; provided, however, that there shall be no liability for any such Damages to the extent that any member of the Purchaser Group or any other Person after Closing contributed to the condition or circumstance forming the basis of such Damages. (g) Any Damages for which any member of the Purchaser Group is entitled to indemnification under Section 10.1 shall be determined without duplication of recovery by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation and warranty or covenant.

Certain Limitations. (a) If Notwithstanding the foregoing, the Indemnifying Sellers shall not have any Indemnitee receives Liability to the Parent Indemnified Parties for any payment claims for indemnification made by the Parent Indemnified Parties pursuant to Section 7.2(a)(i) other than claims for breaches of Fundamental Representations until the total amount which the Parent Indemnified Parties would recover under Section 7.2(a)(i) exceeds [***] (the “Indemnity Basket”), at which point the Parent Indemnified Parties shall be entitled to recover for all such Damages from an the first dollar up to the General Indemnity Cap; provided, however, that: the General Indemnity Cap shall not apply to any Damages based upon, arising out of, or by reason of (A) any inaccuracy of the Fundamental Representations or (B) Fraud; provided, however, that in the event of any Fraud results solely from the action or inaction of one or more Indemnifying Party Sellers, only such Indemnifying Sellers shall be liable to the Parent Indemnified Parties in respect of such Fraud. Any Damages based upon, arising out of, or by reason of (x) any Indemnifiable Losses and breach of the Indemnitee could have recovered all Fundamental Representations, or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”y) based on Fraud shall not count toward the underlying claim or demand asserted against such Indemnifying PartyGeneral Indemnity Cap, such Indemnitee shall, but shall be subject to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorcaps described in Section 7.2(b). (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from All Damages shall be net of any amounts actually recovered by the applicable Indemnified Party under Insurance Policies or other collateral sources (such as contractual indemnitees of any Person which are contained outside of this Agreement) with respect to such Damages, less any actual costs, deductibles or expenses incurred in connection with securing such amounts (including any increased premiums resulting therefrom). The Indemnified Party shall use commercially reasonable efforts to mitigate any Damages which form the basis of a third party claim for indemnification hereunder, including by making any insurance or other claims under applicable Insurance Policies then in effect or other collateral sources, in each case, that reasonably relate to or provide coverage with respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss to any Damages for which any Indemnified Party has been paid by indemnified under this Article VII. In no event shall any Indemnifying Party have any liability to the Indemnified Party for any punitive, exemplary, incidental, consequential, special or indirect damages, including business interruption, loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement or any other Transaction Document, or diminution of value or any damages based on any type of multiple; provided, that an Indemnifying Party shall be liable to the Indemnified Party for such punitive or exemplary damages to the extent they are recovered against an Indemnified Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the a Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossClaim. (c) An insurer who If the amount to be netted pursuant to Section 7.5(a) from any payment required under this Article VII is determined after payment of any amount otherwise required to be paid to an Indemnified Party under this Article VII, the Indemnified Party shall repay to the Indemnifying Parties, promptly after such determination, any amount that the Indemnifying Parties would otherwise be obligated not have had to pay any claim shall not be relieved pursuant to this Article VII had such determination been made at the time of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsuch payment. (d) Notwithstanding anything The Sellers shall have no indemnification obligation for Damages with respect to (i) any Taxes reflected in the calculation of Merger Consideration, (ii) any Taxes arising from actions taken by Parent, the Company, the First-Step Surviving Corporation, the Surviving Entity or any affiliate on the Closing Date and after the Closing outside of the ordinary course of business and not contemplated by this Agreement and (iii) the amount or availability of any net operating loss, capital loss, Tax credits, Tax basis or other Tax asset or attribute of the Company in any taxable period (or portion thereof) beginning after the Closing Date. (e) Subject to the contrarylimitations set forth in this Section 7.5, any claims for indemnification with respect to Company breaches and any claims for indemnification against the Indemnifying Sellers pursuant to this Article VII shall be satisfied by the Indemnifying Sellers, on a several but not joint basis, in accordance with their respective Pro Rata Portion of the Merger Consideration. (f) Notwithstanding the fact that any Indemnified Party may have the right to assert claims for indemnification under or in respect of more than one provision of this Agreement in respect of any fact, event, condition or circumstance, no Indemnified Party shall be entitled to recover the amount of any Damages suffered by such Indemnified Party more than once, regardless of whether such Damages may be as a result of a breach of more than one representation, warranty, obligation or covenant or otherwise. In addition, any liability for indemnification or contribution obligations under this Separation Agreement hereunder shall not be adjusted to take into account the Tax treatment determined without duplication of recovery by reason of the relevant Indemnitee state of facts giving rise to such liability, or a breach of more than one representation, warranty, covenant or agreement, as applicable. (g) Upon making any payment to an Indemnified Party for any indemnification claim pursuant to this Article VII, the Indemnifying Party shall be subrogated, to the extent of such payment, to any rights which the Indemnified Party may have against any Person not a party to this Agreement with respect to the subject matter underlying such indemnification claim and the Indemnified Party shall assign any such rights to the Indemnifying Party. (h) Solely for purposes of determining whether there is an inaccuracy in or contribution payment breach of a representation or warranty, any materiality, Material Adverse Effect or similar qualification limiting the indemnified itemscope of such representation or warranty (except for the Materiality Scrape Exclusions) shall be disregarded. For the avoidance of doubt, such qualifications shall not be disregarded for purposes of determining the amount of any Damages in respect of any such inaccuracy in or breach of such representations or warranties. (i) Parent is hereby authorized, at any time and from time to time, subject to (i) the procedures set out in Sections 7.3, and 7.4 and (ii) if applicable, the General Indemnity Cap, and after giving prior written notice to the Seller Representative, to set-off and apply any and all amounts owing by the Indemnifying Sellers under this Agreement against any shares of the Indemnity Holdback or, if applicable, the Stock Consideration Shares. Such shares of the Indemnity Holdback or Stock Consideration Shares shall be valued at the Parent Common Stock Per Share Price.

Certain Limitations. The indemnification provided for in Section 8.02 and Section 8.03 shall be subject to the following limitation: (a) If For purposes both of determining any Indemnitee receives any payment from an Indemnifying Party inaccuracy in respect or breach of any Indemnifiable representation or warranty and of computing Losses pursuant to this Article VIII, any inaccuracy in or breach of any representation or warranty shall be determined, and the Indemnitee could have recovered all Losses therefrom computed, without regard to any materiality, Material Adverse Effect or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim other similar qualification contained in or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by otherwise applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorrepresentation or warranty. (b) If notwithstanding Section 5.04 an A Buyer Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of shall not be entitled to indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article VVIII, until the Indemnitee shall promptly remit to aggregate amount of all Losses suffered by all Buyer Indemnitees exceeds Fifty Thousand Dollars ($50,000) (the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability“Basket”), plus the amount received from the Third Party in respect thereof, less (ii) at which point the full amount of all Losses from the Indemnifiable Lossfirst dollar shall be recoverable. A Seller Indemnitee shall not be entitled to indemnification pursuant to this Article VIII, until the aggregate amount of all Losses suffered by all Seller Indemnitees exceeds the Basket, at which point the full amount of all Losses from the first dollar shall be recoverable. (c) An The amount of any Losses suffered or incurred by any Buyer Indemnitee or Seller Indemnitee shall be reduced by the amount of any insurance proceeds paid to the indemnified party or any Affiliate thereof as a reimbursement with respect to such Losses (and no right of subrogation shall accrue to any insurer who hereunder, except to the extent that such waiver of subrogation would otherwise be obligated to pay prejudice any claim shall not be relieved applicable insurance coverage), net of the responsibility with respect thereto or, solely by virtue costs of collection and the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer increases in insurance premiums resulting from such Loss or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofinsurance payment. (d) Notwithstanding anything to the contrary, the amount of In any claim for indemnification or contribution obligations under this Separation Agreement Agreement, no Person shall not be adjusted required to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification indemnify any Person for punitive damages or contribution payment special damages, unless such punitive damages, or the indemnified itemspecial damages are actually awarded in a Third Party Claim.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses Neither ▇▇▇▇▇▇ and the Indemnitee could have recovered all Vendors under Section 11.1(a) nor West Pacific under Section 11.2(a) shall be liable for any individual indemnifiable Loss (or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) any Losses that together are based on substantially the underlying claim same facts or demand asserted against such Indemnifying Partycircumstances) unless and until the amount thereof exceeds $10,000, such Indemnitee shall, to in which case they shall be liable for the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the entire amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorLoss. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from Except in the case of fraud, intentional misrepresentation or willful misconduct vis a third party in respect vis the other Party, the maximum aggregate liability of an Indemnifiable Loss that is ▇▇▇▇▇▇ and the subject of indemnification hereunder after all Vendors or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party West Pacific pursuant to this Article VAgreement shall not in any circumstance exceed the amount equivalent to 100% of the Share Consideration. (c) To the fullest extent permitted by law, none of ▇▇▇▇▇▇ or the Indemnitee Vendors or West Pacific will be liable to the other for any claims, demands or suits for any consequential, special, indirect, exemplary or punitive damages, whether arising in contract or tort (including negligence, whether sole, joint or concurrent or strict liability). (d) The indemnity amount of any Losses shall be reduced by: (i) any insurance indemnities effectively paid to or recovered by Purchaser’s Indemnified Persons or to Vendors’ Indemnified Persons, as the case may be, relating to the respective Losses (less all costs incurred by the respective Person to obtain payment of such insurance); and/or (ii) indemnities, contributions or other similar payments recoverable by Purchaser’s Indemnified Persons or to Vendors’ Indemnified Persons, as the case may be, by virtue of such Losses (the amounts set forth in numbers (i) and (ii) being, "Third-Party Recoveries"). The relevant Indemnified Party shall use commercially reasonable efforts to collect any Third-Party Recoveries. In any case where an Indemnified Party receives a Third-Party Recovery following indemnity payment hereunder to such Indemnified Party, then the Indemnified Party shall promptly remit pay over to the Indemnifying Party the excess (if any) of (ix) the amount of such Third-Party Recovery or, if less, (y) the amount previously paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossany applicable taxes. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If Notwithstanding any Indemnitee receives any payment from an Indemnifying Party other provision in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, this Agreement to the extent permitted by applicable Lawcontrary, assign such the parties to this Agreement shall only be liable to indemnify each other for compensatory damages, and, accordingly, in the absence of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party actual fraud, neither party shall be entitled to recover from the Potential Contributor other special, indirect, punitive or consequential damages pursuant to this Article 7 unless and then only to the amount extent that the same are components of such payment or the Indemnifying a Third Person Claim for which an Indemnified Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributoris seeking indemnification hereunder. (b) If notwithstanding Section 5.04 an Indemnitee receives an The amount of any Losses recoverable by way of indemnification pursuant to Article 7 shall be calculated net of the insurance proceeds and any collection-related expenses actually received by the Indemnified Party from a third party in insurer with respect thereto or any indemnification or contribution from any third Person. To the extent of an Indemnifiable Loss that is the subject of any indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid payment made by an Indemnifying Party pursuant to this Article Vhereunder, the Indemnitee shall promptly remit to the Indemnifying Party shall succeed to all corresponding claims that the Indemnified Party may have and otherwise shall be subrogated to the rights of the Indemnified Party against its insurers and any other person or security in respect of such claims, and the Indemnified Party shall reasonably cooperate with the Indemnifying Party in seeking recovery under such claims. The Indemnifying Party shall be entitled to receive (or retain) any and all recoveries resulting from the exercise of any rights to which it has been subrogated (the "Subrogated Rights"), other than any amounts in excess (if any) of the sum of (i) the amount corresponding Losses actually paid by the Indemnifying Party in respect of such Liabilityto the Indemnified Party, plus the amount received from the Third Party in respect thereof, less (ii) the full amount fees and expenses actually paid by the Indemnifying Party to any third parties in connection with the investigation or defense of the Indemnifiable Lossmatters giving rise to such corresponding Losses, and (iii) the fees and expenses actually paid by the Indemnifying Party to any third parties in connection with the investigation or prosecution of the Subrogated Rights. The failure of the Indemnified Party to notify timely any applicable insurance carrier or potential third party indemnitor of such claim which results in actual prejudice to the Indemnifying Party shall constitute a defense by the Indemnifying Party to, or off-set against, any claim for indemnification by any Indemnified Party hereunder. (c) An insurer who would otherwise be obligated It is agreed that for the purpose of making a claim for indemnification, the expiration of any one survival period, as set forth in Section 7.1, of certain representations and warranties shall not affect the ability to pay make any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the for indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or hereunder under any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofrepresentations and warranties still surviving. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions indemnifi cation provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net Tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net Tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such Tax cost or Tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 3.05(b) and shall be increased or reduced to reflect any such net Tax cost (including gross-up) or net Tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net Tax cost or a net Tax benefit to the contraryextent that, and at such time as, the amount of Taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of Taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such Loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for Taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for Tax purposes as if such payment were made immediately prior to the indemnified itemSpin-Off Merger Time.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of any Indemnifiable Losses Damages for which indemnification is provided under this insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, Indemnified Claim less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. The Seller and the Buyer will, and will use Commercially Reasonable Efforts to cause their respective representatives to, pursue promptly any claims or rights it may have against all third parties which would reduce the amount of Damages for which indemnification is provided under this Agreement. (db) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted Seller will have no obligation to take into account indemnify the Tax treatment of the relevant Indemnitee Buyer with respect to any matter if the indemnification Damages arise from a change in the accounting or contribution payment Tax policies or practices of the indemnified itemCompany on or after the Closing Date. (c) Anything contained in this Agreement to the contrary notwithstanding, neither the Buyer nor the Seller will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect or consequential damages, lost profits or diminution in value.

Certain Limitations. Notwithstanding anything in this Agreement to the contrary: (a) If Neither Sellers nor Buyer, as Indemnifying Party, shall be liable to the other party as Claimant with respect to any Indemnitee receives any payment from indemnification hereunder except to the extent that the aggregate amount of Damages of such party as Claimant exceeds One Hundred Thousand Dollars ($100,000.00) (the “Threshold Amount”) (and then only to the extent such Damages exceed the Threshold Amount); provided that all materiality qualifications in the representations and warranties of an Indemnifying Party in with respect to which the other party as Claimant shall claim Damages shall be disregarded solely for purposes of any Indemnifiable Losses determining the occurrence of an untrue representation or breach of warranty and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment Damages to be counted towards the Threshold Amount; and provided, further, that the foregoing shall not apply to any amounts owed in connection with the Purchase Price or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorproration adjustment thereof. (b) If notwithstanding Section 5.04 Sellers shall be liable to indemnify Buyer hereunder only for Damages up to an Indemnitee receives an aggregate amount from of Five Million Dollars ($5,000,000.00); provided, however, that the foregoing limitation shall not apply but shall be replaced by a third party limitation in respect the aggregate amount of an Indemnifiable Loss all payments that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has shall have been paid made by an Indemnifying Party Buyer to Sellers pursuant to this Article VSections 2.4 and 8.1, the Indemnitee shall promptly remit with respect to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full aggregate amount of Damages for which Buyer shall be entitled to indemnity from Sellers pursuant to Section 9.2 arising out of or relating to any loss or impairment of the Indemnifiable LossFCC Licenses. (c) An insurer who would otherwise Subject to subsection (d) below, in no event shall a Claimant be entitled to indemnification from the Indemnifying Party for incidental, consequential, or punitive damages regardless of the theory of recovery. Each party hereto agrees to use reasonable efforts to mitigate any Damages which form the basis for any claim for indemnification hereunder. (d) In the event that Buyer, as Indemnifying Party, shall be obligated to pay any Damages hereunder with respect to any indemnity claim by Sellers, as Claimant, and Buyer shall not be relieved obligated to pay or shall have paid a Performance Penalty pursuant to the JSA (and as defined therein) with respect to the events giving rise to such Damages, then the amount of such Damages payable by Buyer shall be reduced by and to the extent of the responsibility amount of the Performance Penalty paid to Sellers less any separate damages payable to Sellers with respect thereto or, solely by virtue of to such events pursuant to the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party JSA. (e) Neither Buyer nor Sellers as Claimant shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled indemnity pursuant to receive in Section 9.2 or 9.3, as the absence of case may be, from the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee other party as Indemnifying Party with respect to such Indemnifying Party’s breach of any of its representations, warranties, covenants or agreements contained herein to the indemnification or contribution payment extent that the inaccuracy of any such representation, or the indemnified itembreach of any such warranty, covenant or agreement is caused by any breach by or failure of Claimant or its employees or agents in performing or complying with Claimant’s obligations, covenants and agreements set forth in the JSA.

Certain Limitations. (a) If Except in the case of Fraud, (i) no Seller shall have any Indemnitee receives any payment from an Indemnifying Party indemnification obligations for Losses, in respect the aggregate, under this Agreement in excess of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of Aggregate Purchase Price actually received by, or held on behalf of, such payment or Seller and (ii) Purchaser shall not have any indemnification obligations for Losses, in the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against aggregate, under this Agreement in excess of the Potential Contributoramount of the Aggregate Purchase Price. (b) Neither the Purchaser Indemnified Parties nor the Seller Indemnified Parties shall be entitled to recover under this ARTICLE XI for any particular Loss pursuant to this Agreement if such Loss was reflected in the calculation of Aggregate Purchase Price. (c) Any claim for indemnification under this ARTICLE XI for which each Seller (rather than a single Seller or a single group of related Sellers) may be liable or responsible shall be asserted by the applicable Purchaser Indemnified Party against all Sellers. (d) The amount of any Loss for which indemnification is provided under this ARTICLE XI shall be net of: (i) any amounts recovered by the Indemnified Party under other sources of indemnification, insurance policies or otherwise with respect to such Loss and (ii) net of any Tax benefits realized by the Indemnified Party or any of its Affiliates as a result of and within two (2) years of such Loss; provided, however that Losses shall not be reduced by (A) any costs and expenses incurred by the Indemnified Party in connection with the collection or recovery of such offsetting recoveries or (B) any deductibles, retentions or co-insurance amounts paid or incurred by the Indemnified Party (and, for the avoidance of doubt, the costs, expenses, deductibles, retention and co-insurance amounts referred to in the forgoing subsections (A) and (B) shall be included in the definition of Losses). (e) In no event shall any Seller or Purchaser be liable for any punitive damages, other than to the extent actually awarded to a third party. (f) The Indemnified Party shall use commercially reasonable efforts to (i) recover under other sources of indemnification, insurance policies (including the R&W Insurance Policy if recovery is available thereunder) or otherwise with respect to any Losses indemnifiable hereunder and (ii) mitigate any Losses indemnifiable hereunder; provided, however, that the conclusion of recovery efforts under other sources of indemnification, insurance policies (including the R&W Insurance Policy) or otherwise shall not be a condition to the Indemnified Party’s right to seek or recover any indemnifiable amounts from the Indemnifying Party. Notwithstanding the foregoing, no Indemnified Party shall be required to (i) initiate, prosecute or maintain any suit or proceeding involving a Governmental Authority to mitigate any Losses, (ii) take any actions that would materially interfere with or impact the business or Tax planning of such Indemnified Party, (iii) maintain or renew any insurance policies or any minimum amounts of coverage thereunder or (iv) make any claim against any insurance policy to the extent related to a matter that is excluded or otherwise carved out from coverage thereunder. (g) If notwithstanding Section 5.04 an Indemnitee Indemnified Party receives an amount payments from a third party source described in clause (i) of Section 11.4(d) in respect of an Indemnifiable Loss that is a claim for Losses for which it has already received payment from the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to under this Article VARTICLE XI, the Indemnitee Indemnified Party shall promptly remit pay to the Indemnifying Party Party, within five (5) Business Days after such payment is received, an amount equal to the excess (if any) lesser of (ix) the amount paid by received from such sources in respect of such claim and (y) the amount received from the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossclaim. (ch) An insurer who would otherwise be obligated to pay For purposes of this Article XI, in determining where there has been a breach of any claim shall not be relieved of the responsibility with respect thereto orrepresentation, solely by virtue of the indemnification provisions hereofwarranty, have any subrogation rights with respect theretocovenant, it being expressly understood agreement or obligation, and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, calculating the amount of any Loss with respect to any such breach, any qualifications in such representation, warranty, covenant, agreement or obligation referencing the terms “materiality”, “material”, “Material” or “Material Adverse Effect” or words of similar import shall be disregarded. (i) Anything to the contrary herein notwithstanding, the Sellers shall not have any right to seek any indemnification or contribution from or remedy against any member of the Company Group or Blocker whether arising prior to or after the Closing Date in respect of any breach of any representation or warranty by any member of the Company Group or Blocker or the failure of any member of the Company Group or Blocker to comply with any covenant, agreement or obligation to be performed by any member of the Company Group or Blocker on or prior to the Closing Date and the Sellers hereby waive such claim they may have against any member of the Company Group or Blocker with respect thereto whether at law, in equity or otherwise. (j) The remedies provided in this ARTICLE XI, subject to the limitations set forth in this ARTICLE XI, shall, from and after the Closing, be the sole and exclusive remedies of the Purchaser Indemnified Parties with respect to any and all claims resulting from, relating (directly or indirectly) to or arising out of this Agreement, the Securities, the Company Group’s businesses, operations, assets, liabilities, actions or inactions, the subject matter of this Agreement or the transactions contemplated hereby, regardless of the legal theory under which such liability or obligation may be sought to be imposed, whether sounding in contract or tort, whether at law or in equity, or otherwise, other than in the case of Purchaser Non-Released Claims. Purchaser hereby acknowledges and agrees that, from and after Closing, except as provide in this ARTICLE XI and other than in the case of Purchaser Non-Released Claims, Purchaser shall have no right or remedy to take any action against the Sellers in respect of, and the Sellers shall have no liability to Purchaser in respect of, any breach by such Seller of any representations or warranties contained herein or any failure to comply with any of the conditions, covenants, obligations or agreements contained herein. Except for (i) a claim pursuant to this ARTICLE XI, (ii) a claim in accordance with Section 1.4, (iii) any claim pursuant to Section 8.4, (iv) a claim for Fraud or (v) a claim under an Ancillary Document (other than any certificate delivered pursuant to Section 1.6(b)(iii), 1.6(b)(iv) or 1.6(b)(v)) (clauses (i) through (v) under this Separation Agreement shall not be adjusted to take into account Section 11.4(j), together with the Tax treatment claims referenced in clauses (A) and (B) of the relevant Indemnitee last sentence of this Section 11.4(j), are collectively referred to as the “Purchaser Non-Released Claims”), from and after the Closing, Purchaser shall not, and shall cause its Affiliates (including the Company Group) and its and their respective Non-Recourse Parties to not, file any claim related to this Agreement against any Seller. In furtherance of the foregoing and except with respect to the indemnification Purchaser Non-Released Claims, Purchaser, for itself and for its Non-Recourse Parties, hereby expressly waives, from and after the Closing, to the fullest extent permitted under applicable Law, any and all rights, claims and causes of action it may have against any of the Sellers, their Affiliates and each of their and their respective Affiliates’ Non-Recourse Parties relating to the subject matter of this Agreement. The provisions of this Section 11.4(j) shall not, however, prevent or contribution payment limit a cause of action hereunder, or otherwise limit or affect any right or ability to make, pursue, enforce or prosecute any claim, (A) with respect to Fraud, (B) to obtain an injunction or injunctions to prevent breaches of this Agreement, to enforce specifically the indemnified itemterms and provisions hereof or to obtain other equitable remedies with respect hereto (including any rights or remedies described in Section 12.15) or (C) against the R&W Insurance Policy. (k) The remedies provided in this ARTICLE XI, subject to the limitations set forth in this ARTICLE XI, shall, from and after the Closing, be the sole and exclusive remedies of the Seller Indemnified Parties with respect to any and all claims resulting from, relating (directly or indirectly) to or arising out of this Agreement, other than in the case of Seller Non-Released Claims. Sellers hereby acknowledge and agree that, from and after Closing, other than in the case of Seller Non-Released Claims, Sellers shall have no right or remedy to take any action against Purchaser in respect of, and Purchaser shall have no liability to any Seller in respect of, any breach by Purchaser of any representations or warranties contained herein or any failure to comply with any of the conditions, covenants, obligations or agreements contained herein. Except for (i) a claim pursuant to this ARTICLE XI, (ii) a claim in accordance with Section 1.4, (iii) a claim for Fraud or (iv) a claim under an Ancillary Document (other than the certificate delivered pursuant to Section 1.6(a)(i)) (clauses (i) through (iv) under this Section 11.4(k), together with the claims referenced in clauses (A) and (B) of the last sentence of this Section 11.4(k), are collectively referred to as the “Seller Non-Released Claims”), from and after the Closing, Sellers shall not, and shall cause its Affiliates and its and their respective Non-Recourse Parties to not, file any claim related to this Agreement against Purchaser. In furtherance of the foregoing and except with respect to the Seller Non-Released Claims, each Seller, for itself and for its Non-Recourse Parties, hereby expressly waives, from and after the Closing, to the fullest extent permitted under applicable Law, any and all rights, claims and causes of action it may have against Purchaser, Purchaser’s Affiliates and its and their Non-Recourse Parties relating to the subject matter of this Agreement. The provisions of this Section 11.4(k) shall not, however, prevent or limit a cause of action hereunder, or otherwise limit or affect any right or ability to make, pursue, enforce or prosecute any claim, (A) with respect to Fraud or (B) to obtain an injunction or injunctions to prevent breaches of this Agreement, to enforce specifically the terms and provisions hereof or to obtain other equitable remedies with respect hereto (including any rights or remedies described in Section 12.15).

Certain Limitations. The liability of Seller and Buyer, as applicable, for claims for indemnification under this Agreement shall be limited by the following: (a) If any Indemnitee receives any payment from an Indemnifying Party Seller shall have no liability (for indemnification or otherwise) with respect to matters described in clause (a)(i) of Section 9.1, until the total of all Damages with respect of any Indemnifiable Losses to such matters exceeds $250,000 and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor then only for the amount of by which such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorDamages exceeds $250,000. (b) If notwithstanding Section 5.04 an Indemnity payments made under this Agreement shall be adjusted to reflect the extent to which any Federal, state, local or foreign Tax liabilities of Seller Indemnitee receives an amount from a third party or Buyer Indemnitee, as applicable, or any of their respective Affiliates is decreased by reason of any Damages in respect of an Indemnifiable Loss that is which such Seller Indemnitee or Buyer Indemnitee, as applicable, shall be entitled to indemnity under this Agreement or to reflect any Tax detriments suffered by the subject of indemnification hereunder after all or a portion recipients of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount indemnity payments as a result of the Indemnifiable Lossreceipt thereof. (c) An insurer who would otherwise No Damages shall be obligated to pay any claim shall not be relieved of the responsibility recoverable by a Seller Indemnitee or Buyer Indemnitee with respect thereto orto any matter which is actually recovered by such party under insurance policies, solely by virtue of the indemnification provisions hereofor for which recovery from a third party may be sought, have any subrogation rights with respect theretoto such Damages, it being expressly understood and agreed that no insurer to the extent proceeds of insurance, or any other third party shall be entitled to a “wind-fall” recoveries, are paid or payable (i.e. a benefit they would not be entitled to receive in the absence net of the indemnification provisions) by virtue expenses of the indemnification provisions hereofcollection). (d) Notwithstanding anything Any payment required under Section 9.1(a)(i) paid to any Buyer Indemnitee or any Seller Indemnitee, as the contrarycase may be, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment treated by Buyer and Seller as a further adjustment of the relevant Indemnitee Purchase Price. (e) Except with respect to obligations of confidentiality, neither party will be liable to the indemnification other for any lost profits, loss of data, loss of use, cost of cover, business interruption or contribution payment other special incidental, indirect, punitive or consequential damages, however caused, under any theory of liability, arising from the indemnified itemperformance of, or relating to, this Agreement or any Related Agreement.

Certain Limitations. Anything in this Agreement to the contrary notwithstanding: (ai) If any Indemnitee receives matters giving rise to a claim of indemnification pursuant to this Article 10 by a Seller Indemnified Person or a Investor Indemnified Person may be covered by any payment from an insurance policy or policies, then such Seller Indemnified Person or such Investor Indemnified Person shall cooperate fully with reasonable requests of the Indemnifying Party in connection with pursuing remedies under such insurance policy against the applicable insurer or insurers or policies. The Indemnifying Party shall bear or reimburse any costs or expenses by any Seller Indemnified Person or any Investor Indemnified Person (including reasonable fees and expenses of counsel) incurred in connection with pursuing such remedies as applicable. Any indemnity payment made by the Sellers to any Investor Indemnified Person, on the one hand, or by the Company to any Seller Indemnified Person, on the other hand, in respect of any Indemnifiable Losses and Loss shall be net of an amount equal to (a) any insurance proceeds actually received by such Seller Indemnified Person or such Investor Indemnified Person, as the Indemnitee could have recovered all or a part case may be, in respect of such Indemnifiable Loss from a third party claim minus (a “Potential Contributor”b) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shallany related costs and expenses (including reasonable fees and expenses of counsel), to the extent permitted such costs are not reimbursed pursuant to the previous sentence, including the aggregate cost of pursuing any related insurance claims plus any related increases in retrospective insurance premiums or other chargebacks. If a Seller Indemnified Person or such Investor Indemnified Person receives any amounts under applicable insurance policies, or from any other Person alleged to be responsible for any Losses, subsequent to an indemnification payment by applicable Lawthe Indemnifying Party, assign then such of its rights to proceed against Seller Indemnified Person or such Investor Indemnified Person shall promptly reimburse the Potential Contributor as are necessary to permit such Indemnifying Party for any payment made or expense incurred by such Seller Indemnified Person or a Investor Indemnified Person in connection with providing such indemnification payment up to recover from the Potential Contributor amount received by the Indemnified Party, net of any costs and expenses (including reasonable fees and expenses of counsel), to the extent such costs are not reimbursed pursuant to the second sentence of this clause (d)(i), incurred by such Seller Indemnified Person or such Investor Indemnified Person in collecting such amount and any related increases in retrospective insurance premiums or other chargebacks. Nothing contained in this sub-section shall excuse performance, or justify any delay in performance, on the part of the Indemnifying Party. (ii) If the Closing shall not have occurred, any claims of Investor Indemnified Persons and Seller Indemnified Persons shall be limited to actual out of pocket expenses and shall in no event include any special or consequential damages, except in respect of an intentional breach or grossly negligent breach by the Sellers or the Investors, as the case may be, and any claims of the Sellers or Seller Indemnified Parties shall also be limited as set forth in Section 3.5. (iii) The amount with respect to which any claim is made under Section 7.5 (Tax Matters) or this Article 10 (an "Indemnity Claim") shall be (A) increased by any Taxes incurred by the party making such claim as a result of the receipt of the respective indemnity payment (as increased pursuant to this Section 10.1(d)(iii)) and (B) reduced to the extent provided in this Section 10.1(d)(iii) by any decrease in Taxes as a result of a Tax Benefit currently realized by the party making the claim. To the extent such Indemnity Claim does not give rise to a currently realizable Tax Benefit, if the amount with respect to which such Indemnity Claim is made gives rise to a subsequently realized Tax Benefit to the party that made the claim, such party shall refund to the indemnifying party the amount of such Tax Benefit when actually realized; such refund, however, shall not exceed the indemnification payment previously received by the party that made such Indemnity Claim from the indemnifying party. If the Sellers Cap or the Indemnifying Party Company Cap, as the case may be, is applicable and has been met, no further payments to the applicable indemnifying party described in the preceding sentence shall otherwise be subrogated required to be made except to the extent such payments would cause the applicable ceiling to not be met. Refunds relating to subsequent Tax Benefits shall be made on the last Business Day of the month following the year in which the Tax Benefit is actually realized. For purposes of this Section 10.1(d)(iii), a "Tax Benefit" to a party means an amount by which the Tax liability of such party (or group of Affiliates including such party) is actually reduced as a result of the Losses subject to such Indemnitee’s rights against Indemnity Claim. A Tax Benefit that results from an event giving rise to the Potential Contributor. indemnity payment shall be considered actually realized by an indemnified party only to the extent that, but for such Tax Benefit, such indemnified party's Tax liability would be higher than it is with such Tax Benefit (be.g., deductions, credits or losses of the indemnified party that do not result from the event giving rise to the indemnity payment shall be deemed to be used prior to the use of any deduction, credit or loss that does result from the event giving rise to the indemnity payment). If a realized Tax Benefit that has been taken into account under this Section 10.1(d)(iii) If notwithstanding Section 5.04 an Indemnitee receives an amount is rendered unavailable by reason of a carryback of any deductions, credits or losses from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article Vsubsequent period, the Indemnitee indemnifying party shall promptly remit make an appropriate reconciliation payment to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the indemnified party. The amount of any indemnification increase, reduction or contribution obligations under this Separation Agreement payment hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any final determination with respect to the indemnified party's liability for Taxes, and if necessary, payments shall be made between the parties to this Agreement to reflect such adjustment. The Company shall notify the Sellers promptly in writing if as of the end of any taxable year of the Company or any Subsidiary a realizable taxable benefit has not been realized due to the availability of other tax attributes along with backup information supporting the fact that a realizable tax benefit has not been realized. The parties agree that any indemnification or contribution payment or payments made pursuant to this Agreement shall be treated for Tax purposes as an adjustment to the indemnified itemPurchase Price, unless otherwise required by applicable Law.

Certain Limitations. The indemnification provided for in Section 11.2 and Section 11.3 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from Each party’s liability with respect to Losses pursuant to Section 11.2 and Section 11.3 shall be limited in the aggregate to an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, amount equal to the extent permitted by applicable LawPurchase Price. Notwithstanding the foregoing, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover Losses arising from the Potential Contributor the amount of such payment or the Indemnifying Party claims based upon Fraud shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributornot capped. (b) If notwithstanding Section 5.04 an No Buyer Indemnitee receives an amount will be entitled to indemnification under this Agreement for any Loss arising from a third party breach of any representation or warranty set forth in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess Agreement (if any) of (i) and the amount paid by the Indemnifying Party of any Loss incurred in respect of such Liabilitybreach will not be included in the calculation of any limitation on indemnification set forth in this Agreement) to the extent that such Loss or Liability (A) is accurately and specifically accrued, plus provided or reserved for, or otherwise reflected or taken into account in the amount received Interim Financial Statements (but only to the extent of such accrual or reserve); (B) arises from the Third Party any item or matter that is included or otherwise taken into account in respect thereof, less (ii) the full amount or was specifically raised as part of the Indemnifiable Losssettlement of items of the Adjustment Statement (including, for the avoidance of doubt, those items set forth in the balance sheet included therewith delivered pursuant to Section 3.2(a)); or (C) arises out of changes in accounting principles or applicable Laws, rules, or regulations or interpretations thereof announced after the Closing Date. (c) An insurer who would otherwise be obligated to pay any claim shall Seller will not be relieved required to indemnify any Buyer Indemnitee to the extent of any Losses that are determined by Final Adjudication to have resulted from the responsibility with respect thereto or, solely by virtue Fraud of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofBuyer Indemnitee. (d) Notwithstanding anything Seller will not be required to indemnify any Buyer Indemnitee to the contraryextent any Loss is contingent, unless and until such contingent Loss becomes an actual Loss of such Buyer Indemnitee that is due and payable; provided that, the foregoing shall not release Seller from its obligation under Article 11 (subject in all respects to the terms, conditions and limitations of this Article 11) to indemnify Buyer for the cost of defending any Third Party Claims with respect to contingent Losses which are brought and noticed in accordance with the requirements of this Article 11 prior to the expiration of the applicable survival period, and Buyer Indemnitees shall have the right to make a claim for indemnification with respect to a contingent Loss prior to the expiration of the applicable survival period set forth in Section 11.1, and if and to the extent such claim is duly noticed and the applicable Buyer Indemnitee states and advances the substance of the underlying claim (but not, for the avoidance of doubt, the amount of any Losses, if the Losses remain contingent at such time) pursuant to the indemnification or contribution obligations under procedures set forth in this Separation Agreement shall not be adjusted Article 11 prior to take into account the Tax treatment expiration of the relevant applicable survival period, Buyer Indemnitee shall be entitled to indemnification in respect of actual Loss incurred in respect of such claim following the expiration of the applicable survival period, subject in all respects to the other terms of Article 11, notwithstanding the expiration of the applicable survival period. No Buyer Indemnitee will have the right to assert and (A) claim for indemnification of a Loss or (B) claim with respect to which such person has taken action (or caused action to be taken) to accelerate the indemnification time period in which such matter is asserted or contribution payment or the indemnified itempayable.

Certain Limitations. (a) The amount of any Damages payable under Section 8.03 by the Indemnifying Party shall be net of any (i) amounts recovered or recoverable by the Indemnified Party under applicable insurance policies, or from any other Person alleged to be responsible therefor and (ii) Tax Benefit realized by the Indemnified Party arising from the incurrence or payment of any such Damages. For this purpose, “Tax Benefit” means, with respect to any Damages subject to an indemnity under Article 8 an amount by which the net Tax liability of the Indemnified Party (or a group filing a Tax return that includes such Indemnified Party) is actually reduced in any Tax period as a result of Damages or the amount of Tax refund that is generated as a result of such Damages, and any related interest received from the applicable Taxing Authority (net of any associated Tax cost). If any Indemnitee the Indemnified Party (A) receives any amounts under applicable insurance policies, or from any other Person alleged to be responsible for any Damages, then such Indemnified Party shall promptly reimburse the Indemnifying Party for any payment from an made or expense incurred by such Indemnifying Party in respect connection with providing such indemnification payment up to the amount received by the Indemnified Party, net of any Indemnifiable Losses and expenses incurred by such Indemnified Party in collecting such amount or (B) receives any net Tax Benefit subsequent to an indemnification payment by the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, then such Indemnitee shall, Indemnified Party shall promptly pay to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or net Tax Benefit up to the Indemnifying amount received by the Indemnified Party, net of any expenses incurred by such Indemnified Party shall otherwise be subrogated to in collecting such Indemnitee’s rights against the Potential Contributoramount. (b) If notwithstanding The Indemnifying Party shall not be liable under Section 5.04 an Indemnitee receives an amount from a 8.02 for any (i) indirect, consequential, punitive or other speculative forms of Damages, (ii) Damages for lost profits or (iii) Damages that would not exist if not for, or to the extent aggravated by, any act or wrongful omission by the Indemnified Party, except, in the cases of clauses (i) or (ii), to the extent any Indemnified Party is liable for such Damages to any third party based on any final judgment of a court of competent jurisdiction. (c) The Indemnifying Party shall have no obligation to indemnify the Indemnified Party for any Damages arising out of a Warranty Breach to the extent that the recovery of Damages would constitute a duplicative payment of amounts otherwise recovered for Damages arising out of any Assumed Liability or Excluded Liability, as the case may be; and the Indemnifying Party shall have no obligation to indemnify the Indemnified Party for any Damages arising out of any Assumed Liability or Excluded Liability, as the case may be, to the extent that the recovery of Damages would constitute a duplicative payment of amounts otherwise recovered for Damages arising out of a Warranty Breach. (d) Each Indemnified Party shall mitigate in accordance with Applicable Law any loss for which such Indemnified Party seeks indemnification under this Agreement; provided, that (i) no party is required to bring any suit, action or proceeding action in connection with such mitigation and (ii) any Liability of any Indemnifying Party under this Agreement for Damages suffered or incurred by the Indemnified Party shall include Liability in respect of an Indemnifiable Loss that is the subject of indemnification hereunder reasonable costs and expenses suffered or incurred by the Indemnified Party in performing its obligations under this Section 8.05(d). If such Indemnified Party mitigates its loss after all or a portion of such Indemnifiable Loss has been paid by an the Indemnifying Party pursuant to has paid the Indemnified Party under any indemnification provision of this Article VAgreement in respect of that loss, the Indemnitee Indemnified Party shall promptly remit notify the Indemnifying Party and pay to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount extent of the Indemnifiable Lossvalue of the benefit to the Indemnified Party of that mitigation (less the Indemnified Party’s reasonable costs of mitigation, not exceeding the value of the benefit to the Indemnified Party) within two Business Days after the benefit is received. (ce) An insurer who would otherwise be obligated Each Indemnified Party shall use commercially reasonable efforts to pay collect any claim shall not be relieved of the responsibility with respect thereto oramounts available under insurance coverage, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or from any other third party Person alleged to be responsible, for any Damages payable under Section 8.02 and any reasonable costs incurred by any Indemnified Party in connection with such collection shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofconstitute Damages indemnifiable hereunder. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. The party making a claim under this Article 10 is referred to as the “Indemnified Party”, and the party against whom such claims are asserted under this Article 10 is referred to as the “Indemnifying Party”. (a) If any Indemnitee receives any payment from The indemnification provided for in Section 10.2 shall be subject to the following limitations: (i) The aggregate amount of all Losses under Section 10.2 for which an Indemnifying Party shall be liable shall not exceed the net proceeds received by such Indemnifying Party. Nothing in respect this Section 10.3 shall be deemed to limit any rights of the Parent Indemnitees as against any insurer under the RWI Policy. (ii) The amount of any Indemnifiable Losses and Loss subject to indemnification hereunder or of any claim therefor shall be calculated net of any insurance proceeds (other than under the Indemnitee could have recovered all RWI Policy) or a part of such Indemnifiable Loss payments from a third party (other than a “Potential Contributor”Governmental Entity in respect of Taxes), net of direct collection expenses, received by the Parent on account of such Loss. The Parent shall use reasonable best efforts to obtain full recovery under all insurance policies and rights against any such third party with respect to any Losses. In the event that an insurance (other than the RWI Policy) based or third party recovery is received by the Parent with respect to any Losses for which the Parent has received an indemnification payment from (or on the underlying claim or demand asserted against such Indemnifying Partybehalf of) a Company Stockholder hereunder, such Indemnitee shall, then a refund equal to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of the recovery, less the reasonable and documented costs and expenses of obtaining such payment recovery, shall be made promptly to the Company Stockholder that made or directed and provided such indemnification payments to the Indemnifying Party Parent. (iii) The Parent shall otherwise be subrogated take all reasonable steps to such Indemnitee’s rights against mitigate the Potential Contributoramount of Losses for which it is entitled to seek indemnification hereunder. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party For purposes of this Article 10, any qualification or references to Material Adverse Effect, materiality, or other similar qualifications contained in respect any representation or warranty shall be disregarded for purposes of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss determining whether there has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) a breach of (i) the amount paid by the Indemnifying Party or inaccuracy in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood representation or warranty and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemLoss indemnifiable hereunder.

Certain Limitations. (a) If Except in the case of Fraud and indemnification claims related to any Indemnitee receives breach of or inaccuracy in the Fundamental Representations or the Tax Representations, the Parent Indemnified Parties, as a group, may not recover any payment Losses pursuant to an indemnification claim under Section 8.2(a)(i) unless and until the Parent Indemnified Parties, as a group, shall have paid, incurred, suffered or sustained at least $1,425,000 in Losses in the aggregate (the “Deductible”), at which time the Parent Indemnified Parties shall be entitled to recover solely such amounts in excess of the Deductible. Additionally, the Parent Indemnified Parties may recover any Losses from the Other Indemnity Escrow Fund or the Contingent Holdback Cash and Shares (if any), in each case, pursuant to an Indemnifying Party indemnification claim under Section 8.2(a)(x)) or as set forth in Section 2.11(g). (b) Subject to the limitations set forth in this Section 8.3, the Parent Indemnified Parties shall be entitled to bring indemnification claims directly against the Company Indemnitors (in accordance with each Company Indemnitor’s Pro Rata Share); provided that any Losses with respect of any Indemnifiable to such claims shall be recovered (i) first, to the extent that the retention under the R&W Insurance Policy has been satisfied and such Losses may be recovered under the R&W Insurance Policy, the R&W Insurance Policy, (ii) second, from the Other Indemnity Cash and the Indemnitee could Contingent Holdback Cash and Shares (but, in each case, only to the extent such claim for indemnification claim is pursuant to Section 8.2(a)(x)) or the Indemnity Escrow Shares and Indemnity Escrow Cash, in each case to the extent then available (iii) third, solely to the extent that such Losses have recovered all been determined to be owing by the Company Indemnitors in accordance with Section 8.4 or a part of such Indemnifiable Loss from a third party the Stockholder Representative has otherwise consented thereto, by setting-off or deducting against any Contingent Consideration otherwise then-payable to the Company Indemnitors and (a “Potential Contributor”iv) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shallfourth, to the extent permitted by applicable Lawunder, assign such and subject to the limitations of its rights to proceed this Section 8.3, against the Potential Contributor as are necessary Company Indemnitors directly; provided, further, that, except in the case of Fraud, in no event shall the liability of the Company Indemnitors for indemnification claims under (w) Section 8.2(a)(i) (except in the case of indemnification claims related to permit such Indemnifying Party to recover from any breach of or inaccuracy in the Potential Contributor Fundamental Representations or the Tax Representations) exceed $1,425,000 in the aggregate, (x) Section 8.2(a)(viii) exceed $3,000,000 in the aggregate, (y) Section 8.2(a)(ix) exceed $1,500,000 in the aggregate and (z) Section 8.2(a)(x) exceed the Other Indemnity Cap; provided, further, that in no event shall the aggregate liability of any Company Indemnitor for all indemnification claims under this Agreement exceed the amount of Total Merger Consideration received by such payment or Company Indemnitor (including, for the Indemnifying Party shall otherwise be subrogated to avoidance of doubt, the Indemnity Escrow Shares, Indemnity Escrow Cash and Other Indemnity Escrow Cash), unless such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party indemnity claim is being made in respect of an Indemnifiable Loss that is Fraud committed by such Company Indemnitor (in which event there shall be no limitation on the subject of indemnification hereunder after all or a portion liability of such Indemnifiable Loss has been paid Company Indemnitor hereunder or under applicable Law). In no event shall any Company Indemnitor have any liability for any Fraud committed by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossany other unaffiliated Company Indemnitor. (c) An insurer who would otherwise The amount of any Losses that are subject to indemnification under this Article VIII shall be obligated to pay any claim shall not be relieved calculated net of the responsibility amount of any insurance proceeds, indemnification payments or reimbursements actually received by the Parent Indemnified Parties from third parties (other than the Company Indemnitors or Parent (in respect of the Indemnity Escrow Shares and Indemnity Escrow Cash)) in respect of such Losses (net of any costs or expenses incurred in obtaining such insurance, indemnification or reimbursement, including any increases in insurance premiums or retro-premium adjustments resulting from such recovery, except with respect thereto orto the R&W Insurance Policy), solely by virtue of the indemnification provisions hereofprovided, have any subrogation rights that, other than with respect theretoto the R&W Insurance Policy and the Tail Policies, it being expressly understood and agreed that no insurer or any other third party nothing in this Section 8.3(c) shall be entitled construed as or give rise to a “wind-fall” (i.e. a benefit they would not be entitled an obligation to receive in seek any such insurance, indemnification or reimbursement. The Parent Indemnified Parties shall first attempt to recover under the absence of Tail Policies, as applicable, to the indemnification provisions) by virtue of the indemnification provisions hereofextent any Losses are covered under such Tail Policies. (d) For purposes of this Article VIII, each share of Parent Common Stock (including Indemnity Escrow Shares) shall be deemed to have a value equal to the Parent Stock Price. (e) For the avoidance of doubt, any Losses for indemnification under this Agreement shall be determined without duplication of recovery due to the facts giving rise to such Losses constituting a breach of more than one representation, warranty, covenant or agreement. (f) Parent and Merger Sub acknowledge and agree that their sole and exclusive remedy with respect to any and all claims for any breach of any representation, warranty, covenant, agreement or obligation set forth herein or otherwise resulting from or arising out of this Agreement will be pursuant to the indemnification provisions set forth in this Article VIII; provided, that the foregoing clause of this sentence shall not be deemed a waiver by any party of (i) any right to specific performance, equitable or injunctive relief, (ii) any right or remedy under any Related Agreement to which it is a party or (iii) any right or remedy with respect to a Company Indemnitor’s own Fraud, and all claims related thereto shall survive until thirty (30) days following the expiration of the applicable statute of limitations. Subject to the other limitations contained herein, the obligations of the Company Indemnitors under this Article VIII shall not be reduced, offset, eliminated or subject to contribution by reason of any action or inaction by the Company that contributed to any inaccuracy or breach giving rise to such obligation, it being understood that the Company Indemnitors, not the Company, shall have the sole obligation for the indemnification obligations under this Article VIII. (g) Notwithstanding anything to the contrary, the amount of any indemnification period during which claims may be made for Losses pursuant to Section 8.2(a)(viii) and Section 8.2(a)(ix) shall commence on the Closing and terminate at 11:59 p.m. (Seattle time) on the date that is fifteen (15) months following the Closing Date; provided, if a claim or contribution obligations notice is timely given under this Separation Agreement Section 8.3(g), then such claim shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itempreserved until such claim is finally resolved.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses Damages for which indemnification is provided under this Agreement shall be net of any Tax benefits realized by an Indemnitee in connection with such Damages and amounts actually recovered by the Indemnitee could have Indemnitees from third parties (including amounts actually recovered all or a part under insurance policies) with respect to such Damages. Any netting of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on insurance proceeds may be satisfied by the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Indemnitees assigning any potential insurance claims to the extent permitted Indemnifying Parties and, in any event, the potential availability of insurance proceeds shall not permit delay by applicable Law, assign such the Stockholder Agents’ in the performance of its duties under this Article X. Any Indemnifying Parties hereunder shall be subrogated to the rights to proceed of the Indemnitees as against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor any relevant insurer upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against relevant indemnifiable loss. In the Potential Contributor. (b) If notwithstanding Section 5.04 an event the Warranty Insurance is not bound at the Closing, if any Indemnitee receives recovers an amount from a third party in respect of an Indemnifiable Loss that indemnifiable loss for which indemnification is provided in this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss indemnifiable loss has been paid by an Indemnifying Party pursuant to this Article Vfrom the Escrow Fund or after a partial payment of such indemnifiable loss has been made from the Escrow Fund and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall promptly remit to the Indemnifying Party Parties (in proportion to their respective Pro Rata Shares) the excess (if any) of (i) the sum of the amount theretofore paid by from the Indemnifying Party Escrow Fund in respect of such Liability, indemnifiable loss plus the amount received from the Third Party third party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations such Damages. Any Damages recoverable under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee Article X (including with respect to Net Working Capital) shall be determined without duplication of recovery by reason of the indemnification state of facts giving rise to such Damages constituting a breach of more than one representation, warranty, covenant or contribution payment or the indemnified itemagreement.

Certain Limitations. (i) Notwithstanding any other provision in this Agreement to the contrary, the parties to this Agreement shall only be liable to indemnify each other for compensatory damages, and, accordingly, in the absence of actual fraud, neither party shall be entitled to recover from the other special, indirect, punitive or consequential damages pursuant to this Section unless and then only to the extent that the same are components of a Third Person Claim for which an Indemnified Party is seeking indemnification hereunder. (ii) No claim for indemnification under this Section shall be valid and assertable unless such claim involves more than $5,000 and, when aggregated with all other claims asserted against the Indemnifying Party on the same date, is for an amount in excess of $150,000 in the aggregate (the "Deductible"), it being understood that the Indemnifying Party shall only be liable to indemnify the Indemnified Party for the full amount of such losses in excess of the Deductible. (iii) In connection with any claim for indemnification under this Section relating to any warranty costs or liabilities, the Indemnified Party shall only be entitled to indemnification for the direct cost of the labor and materials incurred in connection with any warranty claim without allocation of overhead or other non-direct expenses and only those costs incurred consistent with the past practice of CTI in the Ordinary Course of Business, including recordation. (iv) The amount of any losses recoverable by way of indemnification pursuant to Section 8 shall be calculated (a) If any Indemnitee receives any payment from an Indemnifying Party in respect net of any Indemnifiable Losses reserves or accruals for such losses on the Most Recent Balance Sheet and (b) net of the Indemnitee could have recovered all or a part insurance proceeds, net of such Indemnifiable Loss any collection-related expenses, actually received by the Indemnified Party from a third party (a “Potential Contributor”) based on the underlying claim insurer with respect thereto or demand asserted against such Indemnifying Party, such Indemnitee shall, to any indemnification or contribution from any third Person. To the extent permitted of any indemnification payment made by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such an Indemnifying Party to recover from the Potential Contributor the amount of such payment or hereunder, the Indemnifying Party shall succeed to all corresponding claims that the Indemnified Party may have and otherwise shall be subrogated to such Indemnitee’s the rights of the Indemnified Party against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party its insurers and any other person or security in respect of an Indemnifiable Loss that is such claims, and the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Indemnified Party pursuant to this Article V, the Indemnitee shall promptly remit to reasonably cooperate with the Indemnifying Party in seeking recovery under such claims. The Indemnifying Party shall be entitled to receive (or retain) any and all recoveries resulting from the exercise of any rights to which it has been subrogated (the "Subrogated Rights"), other than any amounts in excess (if any) of the sum of (i) the amount corresponding losses actually paid by the Indemnifying Party in respect of such Liabilityto the Indemnified Party, plus the amount received from the Third Party in respect thereof, less (ii) the full amount fees and expenses actually paid by the Indemnifying Party to any third parties in connection with the investigation or defense of the Indemnifiable Lossmatters giving rise to such corresponding losses and (iii) the fees and expenses actually paid by the Indemnifying Party to any third parties in connection with the investigation or prosecution of the Subrogated Rights. The failure of the Indemnified Party to notify timely any applicable insurance carrier or potential third party indemnitor of such claim or Loss shall not under any circumstances, except if there is material prejudice to the Indemnifying Party, constitute a breach of any covenant by the Indemnified Party, or constitute a defense by the Indemnifying Party to, or off-set against, any claim for indemnification by any Indemnified Party hereunder. (cv) An insurer who would otherwise be obligated It is agreed that for the purpose of making a claim for indemnification, the expiration of any one survival period, as set forth in this Section of certain representations and warranties shall not affect the ability to pay make any claim shall not be relieved of the responsibility with respect thereto orfor indemnification hereunder under any other representations and warranties still surviving; provided, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to make a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence claim for indemnification more than once on account of the indemnification provisions) by virtue of the indemnification provisions hereofsame facts and circumstances. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If the transactions contemplated by this Agreement are consummated, recovery from the Escrow Fund shall be the sole and exclusive remedy of Purchaser for all obligations of Seller and its Affiliates under this Agreement and the other Transaction Documents. Notwithstanding anything contained herein to the contrary, no Purchaser Indemnified Person may make a claim for any Indemnitee receives any payment cash from an Indemnifying Party the Escrow Fund in respect of any Indemnifiable claim for indemnification that is made pursuant to clauses (i) and (ii) of the first sentence of Section 9.2(a), unless and until the Purchaser Indemnified Persons have incurred Purchaser Losses (excluding individual Purchaser Losses or related Purchaser Losses less than the Minimum Amount (as defined below)) in excess of the Threshold (as defined below) which are conclusively determined to be subject to indemnification hereunder and a notice of claim pursuant to Section 9.4 describing such Purchaser Losses in excess of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Threshold has been delivered prior to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorEscrow Release Date. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit Notwithstanding anything contained herein to the Indemnifying Party the excess (if any) of contrary, (i) Seller (on behalf of itself and as agent for the Other Sellers) shall not be obligated to indemnify Purchaser Indemnified Parties for aggregate Purchaser Losses under this Agreement or any other Transaction Document in an amount paid by in excess of 20% of the Indemnifying Party in Purchase Price, provided that Purchaser Losses incurred with respect of such Liabilityto Excluded Liabilities shall not be counted toward the above-referenced 20% limit, plus the amount received from the Third Party in respect thereof, less and (ii) the full Purchaser (on behalf of itself and as agent for any Affiliates) shall not be obligated to indemnify Seller Indemnified Parties for aggregate Seller Losses under this Agreement or any other Transaction Document in an amount in excess of 20% of the Indemnifiable LossPurchase Price, provided that Seller Losses incurred with respect to Assumed Liabilities shall not be counted toward the above-referenced 20% limit. (c) An insurer who would otherwise Notwithstanding anything contained herein to the contrary, Seller (on behalf of itself and as agent for the Other Sellers) shall not be obligated to pay indemnify the Purchaser Indemnified Parties under this Agreement (x) with respect to any claim individual Purchaser Loss or series of related Purchaser Losses involving an amount that is less than ten thousand dollars ($10,000) (the “Minimum Amount”) and (y) unless and until the aggregate Purchaser Losses (excluding individual Purchaser Losses or related Purchaser Losses less than the Minimum Amount) conclusively determined to be subject to such indemnification collectively exceed three hundred thousand dollars ($300,000) (the “Threshold”), whereupon such indemnification shall not be relieved made by Seller only with respect to the amount of such Purchaser Losses (excluding individual Purchaser Losses or related Purchaser Losses less than the Minimum Amount) in excess of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofThreshold. (d) Notwithstanding anything contained herein to the contrary, Purchaser shall not be obligated to indemnify the Seller Indemnified Parties under this Agreement (x) with respect to any individual Seller Loss or series of related Seller Losses involving an amount that is less than the Minimum Amount and (y) unless and until the aggregate Seller Losses (excluding individual Seller Losses or related Seller Losses less than the Minimum Amount) conclusively determined to be subject to such indemnification collectively exceed the Threshold, whereupon such indemnification shall be made by Purchaser only with respect to the amount of such Seller Losses (excluding individual Seller Losses or related Seller Losses less than the Minimum Amount) in excess of the Threshold. (e) The representations and warranties of Seller and Purchaser contained in ARTICLE IV and ARTICLE V, respectively, of this Agreement and any other Transaction Document shall survive the Closing until the expiration of twelve (12) months following the Closing (the “Escrow Release Date”), except for the representations and warranties contained in Section 4.8 (Tax Matters) which shall survive the Closing until the expiration of 3 years following the Closing. The covenants and agreements contained in this Agreement shall survive the Closing until the date or dates explicitly specified therein or, if not so specified, until the expiration of the applicable statute of limitations with respect to the matters contained therein provided that, notwithstanding anything herein to the contrary, the amount obligations of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee Purchaser and Affiliates with respect to Assumed Liabilities, and the indemnification obligations of Seller and its Subsidiaries with respect to Excluded Liabilities, shall survive the Closing for an indefinite period. (f) The obligations to indemnify and hold harmless a Party pursuant to Sections 9.2(a)(i), 9.2(a)(ii), 9.2(b)(i) or contribution payment 9.2(b)(ii) shall terminate when the applicable representation, warranty or covenant terminates pursuant to Section 9.3(e); provided, however, that any matter as to which a Notifying Party has asserted a claim for indemnity pursuant to this Article IX during the indemnified itemapplicable survival period specified in Section 9.2(d) above which is pending or unresolved at the end of the applicable survival period shall continue to be covered by this Article IX until such matter is finally terminated or otherwise resolved by the Parties or by a court of competent jurisdiction and any amounts payable hereunder are finally determined and paid. (g) Without limiting the effect of any other limitation contained in this ARTICLE VII, for purposes hereof, no representation or warranty of Seller in any Transaction Document is deemed to be or to have been inaccurate if on or prior to the date of this Agreement, the Purchaser had knowledge of the inaccuracy of such representation or warranty. For the purposes of this Section 9.3(g), Purchaser will be deemed to have knowledge of an inaccuracy of a representation and warranty of Seller if the facts underlying such inaccuracy were disclosed to Purchaser, its representatives or advisors as part of (i) management presentations conducted for Purchaser, its representatives and advisors in connection with the transactions contemplated by this Agreement, or (ii) the data room which was open for inspection by Purchaser, its representatives and advisors prior to the date hereof.

Certain Limitations. i. The indemnification obligations set forth in this Article X shall apply only if the total Losses with respect to such matters exceed the Deductible Amount, provided, that if the aggregate damages exceed the Deductible Amount, the Claiming Party shall only be entitled to recover their Losses in excess of the Deductible Amount. Subject to the provisions of Subsection 10.04(c) below, Selling Parties’ indemnification obligations under this Agreement shall be limited to an aggregate amount equal to the Cap. ii. For the purpose of determining the amount of Losses resulting from (abut not for the purpose of determining the existence of) an inaccuracy or breach of any representation or warranty hereunder, any such inaccuracy or breach shall be determined without regard to any materiality or other similar qualification contained in or otherwise applicable to such representation or warranty. iii. Notwithstanding anything herein to the contrary, the Deductible Amount and the Cap will not apply to any breach of the Fundamental Representations, a breach of the Sellers’ obligations under Section 7.15, or for any matter involving or alleging Fraud or intentional misrepresentation. iv. Notwithstanding anything herein to the contrary, any claim for Losses payable under this Article X shall be net of any insurance proceeds actually received by such Indemnified Party with respect to such Losses (after deducting the amounts of policy deductibles, self‑insured retentions and any out of pocket costs and expenses incurred in connection with the recovery of such proceeds). If a Claiming Party obtains such recoveries (net of any Indemnitee receives any payment from an collection expense) after the Indemnifying Party in makes any indemnification payment with respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Lawsame Losses, assign then such of its rights to proceed against Claiming Party shall promptly reimburse the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor for the amount of such payment or recoveries it actually received (after deducting therefrom any costs incurred in collecting such insurance proceeds), but not in excess of the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) sum of (i) the amount aggregate of all amounts previously paid by the Indemnifying Party to or on behalf of the Claiming Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less Losses and (ii) all other amounts expended by the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay Indemnifying Party in pursuing or defending any claim shall not be relieved arising out of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled matter(s) giving rise to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsuch Losses. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this SECTION 6.5(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemEffective Date.

Certain Limitations. The indemnification provided for in Section 5.2 shall be subject to the following limitations: 12 (a) If The BT Assets Indemnifying Parties shall not be liable to the PubCo Indemnified Parties for indemnification under Section 5.2(a) (other than with respect to any Indemnitee receives breach or inaccuracy of any payment from an Indemnifying Party representation or warranty in Section 2.10 or any Fundamental Representation), (i) until the aggregate amount of all Losses in respect of indemnification under Section 5.2(a) exceeds 0.5% of the Cash Consideration (the “Deductible”), in which event the BT Assets Indemnifying Parties shall only be required to pay or be liable for all such Losses in excess of the Deductible; and (ii) for any Indemnifiable individual or series of related Losses and that exceed an amount equal to one hundred percent (100%) of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party Cash Consideration (a the “Potential ContributorIndemnity Cap”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor). (b) If notwithstanding Payments by the BT Assets Indemnifying Parties pursuant to Section 5.04 an Indemnitee receives an amount from a third party 5.2 in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee any Losses shall promptly remit be limited to the Indemnifying Party the excess (if any) amount of (i) the amount paid any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received by the Indemnifying Party PubCo Indemnified Parties in respect of any such Liabilityclaim. The PubCo Indemnified Parties shall use their respective commercially reasonable efforts to recover under insurance policies or indemnity, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Losscontribution or other similar agreements for any Losses. (c) An insurer who would otherwise In no event shall any BT Assets Indemnifying Party be obligated liable to pay any claim shall not be relieved PubCo Indemnified Party for any punitive, incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the responsibility with respect thereto orbreach or alleged breach of this Agreement, solely by virtue or diminution of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer value or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence damages based on any type of the indemnification provisions) by virtue of the indemnification provisions hereofmultiple. (d) Notwithstanding anything Each PubCo Indemnified Party shall take all reasonable steps to mitigate any Losses upon becoming aware of any event or circumstance that would be reasonably expected to, or do, give rise thereto, including incurring costs only to the contrary, minimum extent necessary to remedy the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted breach that gives rise to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemsuch Loss.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses The party making a claim under this Section 7 is referred to as the “Indemnified Party,” and the Indemnitee could have recovered all or a part of party against whom such Indemnifiable Loss from a third party (a claims are asserted under this Section 7 is referred to as the “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, .” The indemnification provided for in Section 7.B and Section 7.C shall be subject to the extent permitted by applicable Lawfollowing limitations: (1) The aggregate amount of all Losses for which the Indemnifying Parties shall be liable pursuant to Section 7.B or Section 7.C(1) as the case may be, assign such shall not exceed Twenty Percent (20%) of its rights the value of the Cash Consideration (except in the case of Fraud). In the case of “Fraud” (meaning common law fraud under the laws of the State of New York with respect to proceed against the Potential Contributor as are necessary to permit such Indemnifying representations and warranties made a Party to recover from this Agreement and relied upon by the Potential Contributor Indemnified Party) the aggregate amount of such payment or all Losses for which the Indemnifying Party Parties shall otherwise be subrogated to such Indemnitee’s rights against liable, in the Potential Contributoraggregate, shall not exceed the value of the Merger Consideration actually received by the Indemnifying Parties. (b2) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect The liability of an Indemnifiable Loss that is the subject of Indemnifying Parties for indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid shall be several but not joint. (3) Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party Section 7.B or Section 7.C in respect of such Liability, plus any Loss shall be limited to the amount of any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received from or reasonably expected to be received by the Third Indemnified Party (or the Company) in respect thereofof any such claim. The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, less contribution or other similar agreements for any Losses prior to seeking indemnification under this Agreement. (ii4) Payments by an Indemnifying Party pursuant to Section 7.B or Section 7.C in respect of any Loss shall be reduced by an amount equal to any Tax benefit realized or reasonably expected to be realized as a result of such Loss by the full amount Indemnified Party. (5) In no event shall any Indemnifying Party be liable to any Indemnified Party for any punitive, incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the Indemnifiable breach or alleged breach of this Agreement, or diminution of value or any damages based on any type of multiple. (6) Each Indemnified Party shall take, and cause its Affiliates to take, all reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto, including incurring costs only to the minimum extent necessary to remedy the breach that gives rise to such Loss. (c7) An insurer who would otherwise be obligated to pay any claim The Company shall not be relieved liable under this Section 7 for any Losses based upon or arising out of any inaccuracy in or breach of any of the responsibility with respect thereto or, solely by virtue representations or warranties of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer Company contained in this Agreement if ALPP had knowledge of such inaccuracy or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything breach prior to the contraryClosing. For the avoidance of doubt, the amount of any indemnification or contribution obligations under this Separation Agreement shall Company previously disclosed to ALPP inaccuracies related to materials made available to ALPP via Company’s data room including, but not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemlimited to, inventory, aggregate sales and performance parameters.

Certain Limitations. The party making a claim under this 36ARTICLE VIII is referred to as the "Indemnified Party", and the party against whom such claims are asserted under this Article VIII is referred to as the "Indemnifying Party". The indemnification provided for in Section VIII.02 and Section VIII.03 shall be subject to the following limitations: The Indemnifying Party shall not be liable to the Indemnified Party for indemnification under (a) If any Indemnitee receives any payment from an Indemnifying Party or (a), as the case may be, until the aggregate amount of all Losses in respect of any Indemnifiable Losses and indemnification under Section 8.02(a) or Section 8.03(a) exceeds [$[NUMBER]/[PERCENTAGE]% of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party Purchase Price] (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party"Deductible"), such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or in which event the Indemnifying Party shall otherwise only be subrogated required to such Indemnitee’s rights against pay or be liable for Losses in excess of the Potential Contributor. Deductible. With respect to any claim as to which the Indemnified Party may be entitled to indemnification under Section 8.02(a) or Section 8.03(a), as the case may be, the Indemnifying Party shall not be liable for any individual or series of related Losses which do not exceed $[NUMBER] (bwhich Losses shall not be counted toward the Deductible). The aggregate amount of all Losses for which an Indemnifying Party shall be liable pursuant to (a) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect or (a), as the case may be, shall not exceed [$[NUMBER]/[PERCENTAGE]% of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid Purchase Price]. Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee Section VIII.02 or Section VIII.03 in respect of any Loss shall promptly remit be limited to the Indemnifying Party the excess (if any) amount of (i) the amount paid any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received or reasonably expected to be received by the Indemnifying Indemnified Party in respect of any such Liabilityclaim. The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, plus the amount received from the Third contribution or other similar agreements for any Losses prior to seeking indemnification under this Agreement. Payments by an Indemnifying Party pursuant to Section VIII.02 or Section VIII.03 in respect thereofof any Loss shall be reduced by an amount equal to any Tax benefit realized or reasonably expected to be realized as a result of such Loss by the Indemnified Party. In no event shall any Indemnifying Party be liable to any Indemnified Party for any punitive, less (ii) incidental, consequential, special or indirect damages, including loss of future revenue or income, loss of business reputation or opportunity relating to the full amount breach or alleged breach of this Agreement, or diminution of value or any damages based on any type of multiple. Each Indemnified Party shall take, and cause its Affiliates to take, all reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto, including incurring costs only to the Indemnifiable minimum extent necessary to remedy the breach that gives rise to such Loss. (c) An insurer who would otherwise be obligated to pay any claim . Seller shall not be relieved liable under this 36ARTICLE VIII for any Losses based upon or arising out of any inaccuracy in or breach of any of the responsibility with respect thereto or, solely by virtue representations or warranties of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer Seller contained in this Agreement if Buyer had knowledge of such inaccuracy or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything breach prior to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemClosing.

Certain Limitations. (a) If The amount of any Indemnitee receives Covered Liabilities for which indemnification is provided under this Agreement shall be net of any payment amounts actually recovered by the indemnified party from an Indemnifying Party third parties (including amounts actually recovered under insurance policies) in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third same matter for which indemnification is provided. Any indemnifying party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other indemnified party recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the indemnified party shall be entitled promptly remit to a “wind-fall” the indemnifying party the excess of (i.e. a benefit they would not be entitled to receive in A) the absence sum of the indemnification provisionsamount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch Covered Liabilities. (db) Notwithstanding anything to the contrary, the The amount of any liability for which indemnification or contribution obligations is provided under this Separation Agreement shall be treated by Buyer and Seller as an adjustment to the Base Purchase Price, and Seller and Buyer agree not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemany position inconsistent therewith for any purpose except as otherwise required by Law.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted Damages payable under ‎Section 7.02 by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated net of any (i) amounts recovered or recoverable by the Indemnified Party under applicable insurance policies, or from any other Person alleged to be responsible therefor and (ii) Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Indemnitee’s rights against Damages. If the Potential ContributorIndemnified Party receives any amounts under applicable insurance policies, or from any other Person alleged to be responsible for any Damages, then such Indemnified Party shall promptly reimburse the Indemnifying Party for any payment made or expense incurred by such Indemnifying Party in connection with providing such indemnification payment up to the amount received by the Indemnified Party, but net of any expenses incurred by such Indemnified Party in collecting such amount. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a The Indemnifying Party shall not be liable under ‎Section 7.02 for any (i) indirect, consequential, punitive or other speculative forms of Damages, (ii) Damages for lost profits or (iii) Damages that would not exist if not for, or to the extent aggravated by, any act or wrongful omission by the Indemnified Party, except, in the cases of clauses ‎(i) or ‎(ii), to the extent any Indemnified Party is liable for such Damages to any third party based on any final judgment of a court of competent jurisdiction. (c) The Indemnifying Party shall have no obligation to indemnify the Indemnified Party for any Damages arising out of a Warranty Breach to the extent that the recovery of Damages would constitute a duplicative payment of amounts otherwise recovered for Damages arising out of any claim made in respect of an Indemnifiable Loss that is Assumed Liability or Excluded Liability, as the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an case may be; and the Indemnifying Party pursuant shall have no obligation to indemnify the Indemnified Party for any Damages arising out of any such claim arising out of an Assumed Liability or Excluded Liability, as the case may be, to the extent that the recovery of Damages would constitute a duplicative payment of amounts otherwise recovered for Damages arising out of a Warranty Breach. (d) Each Indemnified Party shall use commercially reasonable efforts to mitigate any Damage for which such Indemnified Party may seek indemnification under this Article VAgreement. If such Indemnified Party mitigates its Damages after the Indemnifying Party has paid the Indemnified Party under any indemnification provision of this Agreement in respect of that loss, the Indemnitee Indemnified Party shall promptly remit notify the Indemnifying Party and pay to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount extent of the Indemnifiable Lossvalue of the benefit to the Indemnified Party of that mitigation (less the Indemnified Party’s reasonable costs of mitigation (which, for the avoidance of doubt, shall not exceed the value of the benefit to the Indemnified Party)) within ten (10) Business Days after the benefit is received. (ce) An insurer who would otherwise be obligated Each Indemnified Party shall use commercially reasonable efforts to pay collect any claim shall not be relieved of the responsibility with respect thereto oramounts available under insurance coverage, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or from any other third party shall Person alleged to be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofresponsible, for any Damages payable under ‎Section 7.02. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have indemnified party from third parties (including amounts actually recovered all under insurance policies) with respect to such indemnifiable losses or a part of such Indemnifiable Loss from a third other liability. Any indemnifying party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto. If any indemnified party recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, it being expressly understood then the indemnified party shall promptly remit to the indemnifying party the excess of (A) the sum of the amount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) the full amount of such indemnifiable loss or other liability. (b) The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net Tax cost incurred by the indemnified party arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and agreed that no insurer (ii) reduced to take account of any net Tax benefit realized by the indemnified party arising from incurring or paying such loss or other liability. In computing the amount of any other third such Tax cost or Tax benefit, the indemnified party shall be entitled deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 10.5(b) and shall be increased or reduced to reflect any such net Tax cost (including gross-up) or net Tax benefit only after the indemnified party has actually realized such cost or benefit. For purposes of this Agreement, an indemnified party shall be deemed to have "actually realized" a “wind-fall” (i.e. net Tax cost or a net Tax benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contraryextent that, and at such time as, the amount of Taxes payable by such indemnified party is increased above or reduced below, as the case may be, the amount of Taxes that such indemnified party would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such Loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the indemnified party's liability for Taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) The amount of any or other liability for which indemnification or contribution payment or is provided under this Agreement shall be treated by Buyer and Seller as an adjustment to the indemnified itemPurchase Price, and Seller and Buyer agree, and Buyer agrees to cause the Company and the Subsidiaries and the Affiliates, not to take any position inconsistent therewith for any purpose.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses and amounts (or, in the Indemnitee could have recovered all or case of a part claim under Section 13.1(b), one-half of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such amounts for each Indemnifying Party, ) actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net out-of-pocket costs and expenses (including reasonable legal fees and expenses) incurred by such Indemnitee shall, Indemnified Party in connection with seeking to the extent permitted by applicable Law, assign collect and collecting such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount amounts) in respect of such payment or the Indemnifying Damages (such net amounts are referred to herein as “Indemnity Reduction Amounts”). If any Indemnified Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. Each Seller and Buyer will, and will use commercially reasonable efforts to cause each of its Representatives to, pursue promptly any claims or rights it may have against all third parties which would reduce the amount of Damages for which indemnification is provided under this Agreement. (b) The amount of Damages for which indemnification is provided under this Agreement will be (i) increased to take account of any Tax cost incurred (grossed up for such increase) by the Indemnified Party arising from the receipt of indemnity payments hereunder (unless such indemnity payment is treated as an adjustment to the Purchase Price for tax purposes) and (ii) reduced to take account of any Tax benefit realized by the Indemnified Party arising from the incurrence or payment of any such Damages. In computing the amount of any such Tax cost or Tax benefit, the Indemnified Party will be deemed to be subject (A) to the applicable federal and/or local country Income Taxes at the maximum statutory rate then in effect and (B) to state and local Taxes (if applicable) at a combined State and local Tax rate of six percent, which will be tax effected at such maximum Tax rate. Any indemnity payment made pursuant to this Agreement will be treated as an adjustment to the Purchase Price for Tax purposes unless a determination (as defined in § 1313 of the Code) or a similar event under foreign Tax Law with respect to the Indemnified Party causes any such payment not to constitute an adjustment to the Purchase Price for United States federal Income Tax purposes or foreign Tax purposes, as the case may be. (c) Anything contained in this Agreement to the contrary notwithstanding, no Seller will have any obligation to indemnify any member of the Buyer Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Companies on or after the Closing Date. (d) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, no member of the amount Seller Group and no member of the Buyer Group will be entitled to any indemnification or contribution obligations recovery under this Separation Agreement for its own special, punitive, exemplary or consequential damages or lost profits; provided, however, that nothing herein shall not be adjusted to take into account the Tax treatment prevent any member of the relevant Indemnitee with respect to the indemnification or contribution payment Seller Group or the Buyer Group from being indemnified itemfor all components of awards against them in claims by third parties, including special, punitive, exemplary or consequential damages and lost profits components of such claims.

Certain Limitations. The indemnification obligations of the ------------------- parties under this Agreement are subject to the following limitations: (a) If to the extent an Indemnified Party is entitled to receive the proceeds of insurance with respect to the matter for which it is to be indemnified, upon being so indemnified said party shall pay the proceeds net of all expenses of such insurance which it has received to the Indemnifying Party; (b) if and to the extent any Indemnitee receives any payment from indemnification obligation of an Indemnifying Party in respect hereunder is or has been increased as a result of any Indemnifiable Losses and the Indemnitee could have recovered all acts or a part omissions taken or omitted by or on behalf of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying an Indemnified Party, such Indemnitee shall, to the extent permitted indemnification obligation shall be reduced by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated indemnification obligation that is attributable to such Indemnitee’s rights against the Potential Contributor.acts or omissions; (bc) If notwithstanding Section 5.04 effective upon being indemnified as provided in this Agreement, an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification Indemnified Party hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit (i) hereby transfers and assigns to the Indemnifying Party all rights and claims the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of former has or may have against third parties for reimbursement or contribution for such Liability, plus the amount received from the Third Party in respect thereof, less indemnification; (ii) agrees to execute such instruments and take such other actions as may be necessary or appropriate to transfer and assign the full amount of foregoing rights or claims to the Indemnifiable Loss.latter; and (iii) agrees to take such reasonable actions when and as necessary or appropriate to assist the latter to obtain reimbursement or contribution for such indemnification from third parties; and (cd) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence indemnification on account of the indemnification provisions) effect upon its business or business operations caused by virtue of the indemnification provisions hereof. (d) Notwithstanding anything or resulting from actions taken by a party pursuant to the contrary, the amount of any indemnification or contribution its obligations under this Separation Agreement shall not be adjusted hereunder to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification remedial or contribution payment other appropriate action, such as for example business interruption or the indemnified itemlost profits, provided that any consents required by Section 6 above have been obtained before commencing such action.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted Damages payable under Section 8.03 by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated net of any (i) amounts recovered or recoverable by the Indemnified Party under applicable insurance policies, or from any other Person alleged to be responsible therefor and (ii) Tax Benefit realized by the Indemnified Party arising from the incurrence or payment of any such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 Damages. For this purpose, “Tax Benefit” means, with respect to any Damages subject to an Indemnitee receives indemnity under Article 8 an amount from by which the net Tax liability of the Indemnified Party (or a third party group filing a Tax return that includes such Indemnified Party) is actually reduced in respect any Tax period as a result of an Indemnifiable Loss Damages or the amount of Tax refund that is the subject of indemnification hereunder after all or generated as a portion result of such Indemnifiable Loss has been paid by an Damages, and any related interest received from the applicable Taxing Authority (net of any associated Tax cost). If the Indemnified Party (A) receives any 49 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED amounts under applicable insurance policies, or from any other Person alleged to be responsible for any Damages, then such Indemnified Party shall promptly reimburse the Indemnifying Party pursuant for any payment made or expense incurred by such Indemnifying Party in connection with providing such indemnification payment up to this Article Vthe amount received by the Indemnified Party, net of any expenses incurred by such Indemnified Party in collecting such amount or (B) receives any net Tax Benefit subsequent to an indemnification payment by the Indemnitee Indemnifying Party, then such Indemnified Party shall promptly remit pay to the Indemnifying Party the excess amount of such net Tax Benefit up to the amount received by the Indemnified Party, net of any expenses incurred by such Indemnified Party in collecting such amount. (if anyb) of The Indemnifying Party shall not be liable under Section 8.02 for any (i) the amount paid by the Indemnifying Party in respect indirect, consequential, punitive or other speculative forms of such LiabilityDamages, plus the amount received from the Third Party in respect thereof, less (ii) Damages for lost profits or (iii) Damages that would not exist if not for, or to the full amount extent aggravated by, any act or wrongful omission by the Indemnified Party, except, in the cases of clauses (i) or (ii), to the Indemnifiable Loss. (c) An insurer who would otherwise be obligated extent any Indemnified Party is liable for such Damages to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to based on any final judgment of a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence court of the indemnification provisions) by virtue of the indemnification provisions hereofcompetent jurisdiction. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If Except for claims based upon Fraud (and without limitation to Section 11.12), the indemnification provisions set forth in this Article 9 shall be the sole and exclusive remedy of the Buyer Indemnified Parties against the Company Equityholders and their respective Affiliates and the Seller Indemnified Parties against Buyer and its Affiliates, as applicable, for Losses under this Agreement. (b) Any Indemnified Party shall take commercially reasonable steps to mitigate any Indemnitee receives Loss after such Indemnified Party becomes aware of any event which does, or could reasonably be expected to, give rise to any such Loss. The amount of Losses for which indemnification is available under this Article 9 shall be calculated net of any amounts actually recovered by an Indemnified Party under insurance policies or otherwise from third parties with respect to such Losses (subject to compliance by the Indemnified Party with this Article 9 and to the other limitations of this Article 9); provided that the Indemnified Party shall be under no obligation to seek recovery under insurance policies (other than pursuant to the R&W Insurance Policy) or from third parties (pursuant to indemnification agreements or otherwise). In the event that any Indemnifying Party required to provide indemnification under this Article 9 makes any payment from an Indemnifying Party hereunder in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against Losses, such Indemnifying Party, such Indemnitee shall, Party shall (to the extent permitted by applicable LawApplicable Law or contractual right) be subrogated, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount extent of such payment payment, to the rights of such Indemnified Party against any insurer (but, for the avoidance of doubt, not against any other commercial or business counterpart) with respect to such Losses and solely to the extent of the Losses to which the satisfaction of such Losses relates (and the Indemnified Parties shall not take any actions to adversely affect such subrogation rights without the consent of the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossParties). (c) An insurer who would otherwise The amount of any Losses for which indemnification is available under this Article 9 will be obligated reduced to pay the extent of any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood net Tax benefit actually realized in cash or as a reduction in cash tax payable (determined on a with-and-without basis and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof.taking into (d) Notwithstanding anything With respect to “Losses” payable directly from the Sellers, “Losses” do not include special damages, exemplary damages, consequential damages, indirect or incidental damages, or punitive damages (including any damages on account of diminution in value, lost profits or opportunities, or lost or delayed business based on valuation methodologies ascribing a decrease in value to the contrarycompany member, on the amount basis of a multiple of a reduction in a multiple based or yield-based measure of financial performance), whether based on contract, tort, strict liability, other law or otherwise and whether or not arising from the other party’s or any indemnification of its Affiliates’ or contribution obligations under this Separation Agreement shall not be adjusted to take into account representatives’ sole, joint or concurrent negligence, strict liability or other fault, except in the Tax treatment case of the relevant Indemnitee with respect Fraud or to the indemnification or contribution payment or the indemnified itemextent they form a part of a Third-Party Claim.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. The Seller and the Purchaser will use commercially reasonable efforts to mitigate the amount of Damages for which indemnification is provided under this Agreement. (b) The amount of Damages for which indemnification is provided under this Agreement will reduced to take account of any Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Damages. (c) Anything contained in this Agreement to the contrary notwithstanding, the Seller will not have any obligation to indemnify any member of the Purchaser Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Entities after the Closing Date. (d) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, excluding a party’s breach of its confidentiality obligations, no member of the Seller Group and no member of the Purchaser Group will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect, or consequential damages, lost profits or diminution in value. No Damages shall be determined or increased based on any multiple of any financial measure (including earnings, sales or other benchmarks) that might have been used by the Purchaser in the valuation of the Acquired Company Interests, the amount of any Acquired Entities, or their respective businesses and operations. (e) No Indemnified Party shall be entitled to indemnification or contribution obligations under this Separation Agreement Article X for any breach of a representation or warranty hereunder if (1) such Indemnified Party had actual knowledge of such breach on or before Closing and (2) the Indemnifying Party did not have actual knowledge of such breach (or the facts giving rise to such breach) on or before the Closing. Solely for purposes of this Section 10.4(e) “actual knowledge” as it relates to (i) the Purchaser shall not be adjusted to take into account mean the Tax treatment actual knowledge of ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and (ii) the relevant Indemnitee Seller shall mean with respect to the Operaciones, the actual knowledge of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Operations VP and General Manager, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Financial Manager and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Commercial Manager, and with respect to Services and Tasajero, the actual knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇, Assistant Controller of TECO Guatemala, Inc. (f) In addition to the limitations set forth in this Section 10.4 and Section 10.6, with respect to any claim for indemnification regarding any breach of the representation and warranty set forth in Section 4.10 there shall be no obligation to indemnify any member of the Purchaser Group for any Damages (i) unless the Damages arise out of (A) a Third Party Claim that is not intentionally instigated or contribution payment encouraged by any member of the Purchaser Group, or (B) a condition discovered in the indemnified itemordinary course of business, and then (ii) only to the extent such Damages were incurred to comply with applicable Environmental Laws using, in the case of any remedial measures taken by or on behalf of the Purchaser (including the Acquired Entities) after the Closing, reasonable and recognized remediation protocols and techniques that are economically reasonable in relation to other reasonable and recognized remediation protocols and techniques; provided, however, that there shall be no liability for any such Damages to the extent that any member of the Purchaser Group or any other Person after Closing contributed to the condition or circumstance forming the basis of such Damages. (g) Any Damages for which any member of the Purchaser Group is entitled to indemnification under Section 10.1 shall be determined without duplication of recovery by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation and warranty or covenant.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and Covered Liabilities for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have indemnified party from third parties (including amounts actually recovered all or a part under insurance policies less the amount by which the premiums of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, policy have increased due to the extent permitted by applicable Lawclaims being made) with respect to such Covered Liabilities (it being understood that any indemnified party shall be under no obligation to pursue any such third party). Except for claims involving material customers and suppliers of the Company, assign such any indemnifying party hereunder shall be subrogated to the rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto. If any indemnified party recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, it being expressly understood then the indemnified party shall promptly remit to the indemnifying party the excess of (A) the sum of the amount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) the full amount of such Covered Liabilities. (b) The amount of any Covered Liabilities for which indemnification is provided under this Agreement shall be (i) increased to take account of any net Tax cost actually incurred by the indemnified party arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase), and agreed that no insurer (ii) reduced to take account of any net Tax benefit actually realized by the indemnified party arising from incurring or paying such loss or other liability. In computing the amount of any other third such Tax cost or Tax benefit, the indemnified party shall be entitled deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 10.5(b) and shall be increased or reduced to reflect any such net Tax cost (including gross-up) or net Tax benefit only after the indemnified party has actually realized such cost or benefit. For purposes of this Agreement, an indemnified party shall be deemed to have "actually realized" a “wind-fall” (i.e. net Tax cost or a net Tax benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contraryextent that, and at such time as, the amount of Taxes payable by such indemnified party is increased above or reduced below, as the case may be, the amount of Taxes that such indemnified party would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such Loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the indemnified party's liability for Taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) The amount of any other liability for which indemnification or contribution payment or is provided under this Agreement shall be treated by Bain and Raytheon as an adjustment to the indemnified itemtotal Cash Merger Consideration, and Raytheon and Bain agree not to take any position inconsistent therewith for any purpose.

Certain Limitations. (a) If any Indemnitee receives any payment from The amount which an Indemnifying Party is or may be required to pay to an Indemnified Party in respect of Damages for which indemnification is provided under this Agreement will be reduced by any Indemnifiable Losses amounts actually received (including amounts received under insurance policies) by or on behalf of the Indemnified Party from third parties (net of out-of-pocket costs and the Indemnitee could have recovered all or a part expenses (including reasonable legal fees and expenses) incurred by such Indemnified Party in connection with seeking to collect and collecting such amounts), in respect of such Indemnifiable Loss from a third party Damages (a such net amounts are referred to herein as “Potential ContributorIndemnity Reduction Amounts”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying ). If any Indemnified Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party any Indemnity Reduction Amounts in respect of an Indemnifiable Loss that Indemnified Claim for which indemnification is provided under this Agreement after the subject of indemnification hereunder after all or a portion full amount of such Indemnifiable Loss Indemnified Claim has been paid by an Indemnifying Party pursuant to this Article Vor after an Indemnifying Party has made a partial payment of such Indemnified Claim and such Indemnity Reduction Amounts exceed the remaining unpaid balance of such Indemnified Claim, then the Indemnitee shall Indemnified Party will promptly remit to the Indemnifying Party an amount equal to the excess (if any) of (i) the amount theretofore paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereofIndemnified Claim, less (ii) the full amount of the Indemnifiable Loss. (c) indemnity payment that would have been due if such Indemnity Reduction Amounts in respect thereof had been received before the indemnity payment was made. An insurer or other third party who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a any benefit they would not be entitled to receive in the absence of the indemnification provisions) provisions by virtue of the indemnification provisions hereof. The Seller and the Purchaser will use commercially reasonable efforts to mitigate the amount of Damages for which indemnification is provided under this Agreement. (b) The amount of Damages for which indemnification is provided under this Agreement will reduced to take account of any Tax benefit actually realized by the Indemnified Party arising from the incurrence or payment of any such Damages. (c) Anything contained in this Agreement to the contrary notwithstanding, the Seller will not have any obligation to indemnify any member of the Purchaser Group with respect to any matter if the Damages arise from a change in the accounting or Tax policies or practices of any of the Acquired Entities after the Closing Date. (d) Notwithstanding anything Anything contained in this Agreement to the contrarycontrary notwithstanding, excluding a party’s breach of its confidentiality obligations, no member of the Seller Group and no member of the Purchaser Group will be entitled to any recovery under this Agreement for special, punitive, exemplary, incidental, indirect, or consequential damages, lost profits or diminution in value. No Damages shall be determined or increased based on any multiple of any financial measure (including earnings, sales or other benchmarks) that might have been used by the Purchaser in the valuation of the Acquired Company Interests, the amount of any Acquired Entities, or their respective businesses and operations. (e) No Indemnified Party shall be entitled to indemnification or contribution obligations under this Separation Agreement Article X for any breach of a representation or warranty hereunder if (1) such Indemnified Party had actual knowledge of such breach on or before Closing and (2) the Indemnifying Party did not have actual knowledge of such breach (or the facts giving rise to such breach) on or before the Closing. Solely for purposes of this Section 10.4(e) “actual knowledge” as it relates to (i) the Purchaser shall not be adjusted to take into account mean the Tax treatment actual knowledge of ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ and (ii) the relevant Indemnitee Seller shall mean with respect to TCAE, the actual knowledge of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Operations VP and General Manager, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, Financial Manager and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Commercial Manager, and with respect to TPS One, the actual knowledge of ▇▇▇▇▇ ▇▇▇▇▇▇▇, Assistant Controller of TECO Guatemala, Inc. (f) In addition to the limitations set forth in this Section 10.4 and Section 10.6, with respect to any claim for indemnification regarding any breach of the representation and warranty set forth in Section 4.10 there shall be no obligation to indemnify any member of the Purchaser Group for any Damages (i) unless the Damages arise out of (A) a Third Party Claim that is not intentionally instigated or contribution payment encouraged by any member of the Purchaser Group, or (B) a condition discovered in the indemnified itemordinary course of business, and then (ii) only to the extent such Damages were incurred to comply with applicable Environmental Laws using, in the case of any remedial measures taken by or on behalf of the Purchaser (including the Acquired Entities) after the Closing, reasonable and recognized remediation protocols and techniques that are economically reasonable in relation to other reasonable and recognized remediation protocols and techniques; provided, however, that there shall be no liability for any such Damages to the extent that any member of the Purchaser Group or any other Person after Closing contributed to the condition or circumstance forming the basis of such Damages. (g) Any Damages for which any member of the Purchaser Group is entitled to indemnification under Section 10.1 shall be determined without duplication of recovery by reason of the state of facts giving rise to such Damages constituting a breach of more than one representation and warranty or covenant.

Certain Limitations. (a) If 10.4.1 Notwithstanding anything to the contrary contained in this Agreement, except in the case of fraud or Willful Breach, the maximum amount of liability that Seller will have to Buyer and the Buyer Indemnified Parties for any Indemnitee receives any payment from Losses arising pursuant to or under this Agreement will not exceed the Purchase Price. 10.4.2 Notwithstanding anything to the contrary herein, an Indemnifying Party in respect of shall not be liable for any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, pursuant to this Agreement to the extent permitted by applicable Law, assign such of its rights to proceed against that the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid previously included in the calculation of the Closing Date Payment Amount or the Post-Closing Adjustment Amount, as finally determined. 10.4.3 Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee Agreement in respect of any Loss shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid be reduced by payments actually recovered by the Indemnifying Indemnified Party under any insurance policy with respect to such Losses and any indemnity, contribution or other similar payment received by the Indemnified Party in respect of any such Liabilityclaim. Subject to 10.7.2, plus the Indemnified Party shall use at least commercially reasonable efforts to recover amounts available under any applicable insurance policies or indemnity, contribution or other similar agreements for any Losses. In the event any such amounts are received by an Indemnified Party after payment of a Loss hereunder by an Indemnifying Party for the same Loss, such Indemnified Party shall promptly repay the Indemnifying Party, up to the amount received so received. 10.4.4 Payments by an Indemnifying Party pursuant to this Agreement in respect of any Loss shall be reduced by an amount equal to any Tax benefit realized or reasonably expected to be realized as a result of such Loss by the Indemnified Party in the year such payment is received. 10.4.5 No Indemnifying Party shall be liable to any Indemnified Party for any punitive damages or Losses that arise solely from the Third special circumstances of an Indemnified Party that have not been communicated to the Indemnifying Party, provided that nothing herein shall prevent any Indemnified Party from recovering for all components of awards against them in respect thereof, less (ii) the full amount of the Indemnifiable LossThird-Party Claims for which recovery is provided under this Article 10 including punitive damages. (c) An insurer who 10.4.6 Each Indemnified Party shall use commercially reasonable efforts to mitigate any Loss upon becoming aware of any event or circumstance that would otherwise be obligated reasonably expected to, or does, give rise thereto. 10.4.7 Notwithstanding any language to pay the contrary in this Agreement, the maximum aggregate liability of Seller under this Agreement shall be the Purchase Price, except that this limitation shall not apply to any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer based upon fraud or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofWillful Breach. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. The Party making a claim under this ARTICLE VIII is referred to as the “Indemnified Party”, and the Party against which such claims are asserted under this ARTICLE VIII is referred to as the “Indemnifying Party”. The indemnification provided for in Section 8.02 and Section 8.03 will be subject to the following limitations: The Indemnifying Party will not be liable to the Indemnified Party for indemnification under Section 8.02 or Section 8.03, as the case may be, until the aggregate amount of all Losses in respect of indemnification under Section 8.02 or Section 8.03 exceeds $50,000 per occurrence (the “Deductible”), in which event the Indemnifying Party will only be required to pay or be liable for Losses in excess of the Deductible. With respect to any claim as to which the Indemnified Party may be entitled to indemnification under Section 8.02 or Section 8.03, as the case may be, the Indemnifying Party will not be liable for any individual or series of related Losses which do not exceed $50,000, which Losses will not be counted toward the Deductible. If Seller is the Indemnifying Party, Seller’s liability for all Losses hereunder for tort claims will be the maximum amount permitted under the New Mexico Tort Claims Act. If ▇▇▇▇▇ is the Indemnifying Party, ▇▇▇▇▇’s liability for all Losses hereunder will be equal to the amount that would be paid by Seller if it were the Indemnifying Party and such claim were subject to the New Mexico Tort Claims Act. Any claims related to claims related to tax obligations, Excluded Liabilities and Assumed Liabilities will not be subject to the Deductible. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit Section 8.02 or Section 8.03 in respect of any Losses will be limited to the Indemnifying Party the excess (if any) amount of (i) the amount paid any liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other similar payment received or reasonably expected to be received by the Indemnifying Indemnified Party in respect of any such Liabilityclaim. The Indemnified Party will use its commercially reasonable efforts to recover under insurance policies or indemnity, plus contribution or other similar agreements for any Losses prior to seeking indemnification under this Agreement. (b) In no event will any Indemnifying Party be liable to any Indemnified Party for any punitive, incidental, consequential, special or indirect damages including, without limitation, loss of future revenue or income, loss of business reputation or opportunity related to the amount received from the Third Party in respect thereof, less (ii) the full amount breach or alleged breach of the Indemnifiable Lossthis Agreement or diminution of value or any damages based on any type of multiple. (c) An insurer who Each Indemnified Party will take, and cause its Affiliates to take, all reasonable steps to mitigate any Losses upon becoming aware of any event or circumstance that would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orreasonably expected to, solely by virtue of the indemnification provisions hereofor does, have any subrogation rights with respect give rise thereto, it being expressly understood and agreed including incurring costs only to the minimum extent necessary to remedy the breach that no insurer or any other third party shall be entitled gives rise to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsuch Losses. (d) Notwithstanding anything Seller will not be liable under this ARTICLE VIII for any Losses based upon or arising out of any inaccuracy in, or breach of, any of the representations or warranties of Seller in this Agreement if Buyer had knowledge of such inaccuracy or breach prior to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemClosing.

Certain Limitations. The indemnification provided for in Section 11.02 or Section 11.03 shall be subject to the following limitations: (a) If any Notwithstanding anything contained herein to the contrary, no Buyer Indemnitee receives any payment from shall be entitled to indemnification with respect to claims made pursuant to clauses (a) or (b) of Section 11.02 unless and until Losses in an Indemnifying Party in respect aggregate amount of any Indemnifiable Losses and $6,500,000 (the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential ContributorAggregate Threshold”) based on have been suffered or incurred by all Buyer Indemnitees under such clauses, in which case the underlying claim or demand asserted against Buyer Indemnitees will be entitled to indemnification for all Losses under such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover clauses (a) and (b) from the Potential Contributor first dollar in excess of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorAggregate Threshold. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is Any and all Losses for which the subject of Buyer Indemnitees are entitled to indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article VAgreement shall be satisfied solely from the release of Escrow Shares, which are the sole source of recovery for any indemnity claims by the Buyer Indemnitees. The number of Escrow Shares used to satisfy an indemnification claim made by a Buyer Indemnitee shall promptly remit be calculated based upon the five-day volume weighted average price of the Subordinate Voting Shares determined as of the last Business Day immediately prior to the Indemnifying Party Closing Date (the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss“Per Share Value”). (c) An insurer who would otherwise Any claims for Losses caused by Actual Fraud may be obligated asserted by an Indemnified Party solely against the Person that committed such Actual Fraud without regard to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive limitations set forth in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofthis Section 11.06. (d) Notwithstanding anything contained herein to the contrary, the amount of any no Buyer Indemnitee shall be entitled to indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to any claim made pursuant to Section 11.02(a) based upon, arising out of, with respect to or by reason of any inaccuracy in or breach of any of the representations or warranties of the Company contained in Section 4.28 with respect to a specific Acquisition Target unless such Buyer Indemnitee has first taken all commercially reasonable steps to recover any Losses related to such claim from the seller(s) of such Acquisition Target and to enforce the indemnification rights of the Company and the Company Subsidiaries under the definitive acquisition documents for the Pipeline Binding Acquisition of such Acquisition Target, and only after such Buyer Indemnitee has taken all commercially reasonable steps to mitigate any Losses upon becoming aware of any event or contribution payment circumstance that would be reasonably expected to, or the indemnified itemdoes, give rise thereto.

Certain Limitations. 1. An Indemnifying Person shall not be obligated to indemnify and hold harmless any Indemnified Person under paragraph B or C of this Article with respect to any claim, unless and until the aggregate amount of all indemnifiable losses sought from such Indemnifying Person under paragraph B or C of this Article, as applicable (athe “Indemnifiable Losses”) If any Indemnitee receives any payment from by all Indemnified Persons exceeds USD 1 million (the “Deductible”), at which point the Indemnifying Person shall be liable to all the Indemnified Persons for the value of all Indemnifiable Losses, that is in excess of the Deductible, subject to the limitations set forth in this Article 10; provided that the maximum aggregate liability of an Indemnifying Party in respect of Person to all the Indemnified Persons for any or all Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party under this Agreement shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributornot exceed USD 7 million. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of 2. An Indemnified Person shall not be entitled to indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit 10 for Indemnifiable Losses to the Indemnifying Party the excess (if any) of extent (i) the amount paid by the Indemnifying Party such Indemnified Person could have, with commercially reasonable efforts, mitigated or prevented such Indemnifiable Losses upon and after becoming aware of any facts or circumstances that would reasonably be expected to result in respect of such Liabilityany Indemnifiable Losses that are indemnifiable hereunder, plus the amount received from the Third Party in respect thereof, less or (ii) such Indemnifiable Losses result from or are magnified by the full amount action or inaction of such Indemnified Person after the Closing. In the event an Indemnified Person fails to use commercially reasonable efforts to mitigate or prevent Indemnifiable Loss. (c) An insurer who would otherwise be obligated Losses as provided herein, then notwithstanding anything to pay any claim the contrary contained herein, the Indemnifying Person shall not be relieved required to indemnify the Indemnified Person for that portion of Indemnifiable Losses that could reasonably have been expected to have been avoided if the Indemnified Person had taken such commercially reasonable efforts. 3. No Reinsurer Indemnified Person shall be entitled to indemnification with respect to any particular Indemnifiable Loss to the extent the related damages, losses, liabilities, obligations, costs, or expenses were reflected or provided for or reserved against in the calculation of the responsibility with respect thereto or, solely Initial Reinsurance Premium and the Net Subject Reserves at the Closing. 4. Any liability for indemnification under this Agreement shall be determined without duplication of recovery by virtue reason of the indemnification provisions hereofstate of facts giving rise to such liability constituting a breach of more than one representation, have any subrogation rights with respect theretowarranty, it being expressly understood and agreed that covenant or agreement. For the avoidance of doubt, no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the claim indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the same underlying subject matter more than once. No breach of any representation or warranty shall be a basis for indemnification or contribution payment pursuant to this Article 10 by a Party if the breach or the indemnified itemfacts giving rise to such breach was disclosed or otherwise known to such Party prior to (i) the date hereof or (ii) if such representation or warranty is made as of any particular future date, such date. 5. The Parties acknowledge and agree that their sole and exclusive remedy following the Closing at law or equity with respect to any alleged breach of any representation or warranty of the other Party made in this Agreement or any other Transaction Agreements, in each case regardless of the legal theory under which such liability or obligation may be sought to be imposed, whether sounding in contract or in tort, whether at law or in equity, or otherwise, shall be pursuant to the provisions set forth in this Article 10. 6. Upon making any payment for an Indemnified Loss, the Indemnifying Person will, to the extent of such payment, be subrogated to all rights of Indemnified Person against any third Person in respect of the Indemnifiable Loss to which the payment related. 7. For the avoidance of doubt, nothing contained in this Article is intended to alter the obligations of the Reinsurer to reinsure the Subject Business in accordance with the terms and conditions of this Agreement.

Certain Limitations. Any provision of this Agreement to the contrary notwithstanding, the respective indemnification obligations of the Selling Parties and Purchaser shall be subject to the following monetary limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based Limitations on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Selling Parties' Indemnity Obligations. The Selling Parties shall have no obligation to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount indemnify any of the Indemnifiable Loss. (c) An insurer who Purchaser Indemnitees that would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit indemnification under this Section 10, unless and until such Purchaser Indemnitees have incurred or suffered, in the aggregate, Losses for which they would not be are entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee hereunder and have submitted with respect to Indemnification Claims (as hereinafter defined) within the indemnification respective Survival Period applicable thereto, totaling more than Fifty Thousand Dollars ($50,000) (the "Threshold"). In the event such Threshold is exceeded, then, the Selling Parties shall be liable to indemnify the Purchaser Indemnitees for all Losses incurred by them from the first dollar thereof, subject to the Indemnification Ceiling provided for hereinafter. The maximum aggregate liability of the Selling Parties to the Purchaser Indemnified Parties under this Section 10 with respect to or contribution payment or arising from any Indemnification Claims asserted within their respective Applicable Survival Periods, shall not exceed the indemnified itemsum of the Cash Consideration and the fair market value of the Stock Consideration determined as of the date as of which the Indemnification Claim was made hereunder by any of the Purchaser Indemnitees (the "Selling Party Indemnification Ceiling"), provided that the maximum liability of Bowe▇▇, ▇▇dividually, shall not exceed 60% of the Selling Party Indemnification Ceiling, and the maximum liability of Mere▇▇, ▇▇dividually, shall not exceed 40% of the Selling Party Indemnification Ceiling.

Certain Limitations. The indemnification afforded by this ARTICLE X shall be subject to the following limitations: (a) If Except for Losses arising from (x) a breach of confidentiality obligations under ARTICLE IX, or (y) a Party’s fraud, gross negligence or willful misconduct, no Party hereto shall be liable to the other for any Indemnitee receives lost profits, lost revenue, lost opportunity, indirect, consequential, punitive, special or incidental damages (and no claim for indemnification hereunder shall be asserted) under this ARTICLE X with respect to the other Party as a result of any payment from an Indemnifying breach or violation of any representation, warranty, covenant or agreement of such Party or its Affiliates (including under this ARTICLE X) in or pursuant to any Transaction Document. Notwithstanding the foregoing, the Investor shall be entitled to make indemnification claims, in accordance with the procedures set forth in this ARTICLE X, for Losses that include any portion of payments in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment Revenue Interests or the Indemnifying Party Included Product Payment Amounts that the Investor was entitled to receive but did not receive timely or at all due to any indemnifiable events under any Transaction Document, and such portion of the payments in respect of the Revenue Interests or the Included Product Payment Amounts shall otherwise not be subrogated to such Indemnitee’s rights against the Potential Contributor.deemed lost profits, lost revenue, lost opportunity, indirect, consequential, punitive, special or incidental damages for any purpose of this ARTICLE X. (b) If notwithstanding With respect to indemnification by the Company pursuant to Section 5.04 10.1(a) or Section 10.1(b), the Company’s maximum liability for any Loss suffered by an Indemnitee receives Investor Indemnified Party (other than any Loss resulting from a Third Party Claim) shall not exceed an amount from (the “Company Indemnification Cap”) equal to [***]. Notwithstanding the foregoing, the Company Indemnification Cap shall not apply to any Loss suffered by any Investor Indemnified Party in connection with a third party in Third Party Claim. (c) With respect of an Indemnifiable Loss that is to indemnification by the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Investor pursuant to this Article VSection 10.2, the Indemnitee Investor’s maximum liability shall promptly remit not exceed an amount (the “Investor Indemnification Cap”) equal to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss[***]. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this SECTION 3.4(B) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemEffective Date.

Certain Limitations. The indemnification provided for in Section 7.02 and Section 7.03 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect Solely for purposes of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor calculating the amount of any Loss resulting from a breach of the representations or warranties set forth herein, “materiality” and Material Adverse Effect qualifications shall be disregarded, but such payment or qualifications shall not, for the Indemnifying Party shall otherwise avoidance of doubt, be subrogated to such Indemnitee’s rights against the Potential Contributordisregarded for purposes of determining whether a breach has occurred. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in No Buyer Indemnitees shall be entitled to be indemnified with respect of an Indemnifiable Loss to any claim to the extent that the matter that is the subject of indemnification the claim was Known by B▇▇▇▇ as of the Closing. No party shall be obligated to indemnify any other party with respect to any claim that relates to Losses resulting from the passing of or change in any applicable Law or any accounting policy, principle or practice after the Closing Date or any increase in Tax rates in effect on the Closing Date, even if the change or increase has retroactive effect or requires action at a future date. (c) Each Buyer Indemnitee and Seller Indemnitee will use commercially reasonable efforts to (i) mitigate Losses after becoming aware of any event which could reasonably be expected to give rise to Losses that are indemnifiable hereunder after and (ii) seek to recover such Losses under all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Alternative Arrangements. Except pursuant to this Article Va written settlement agreed to by the Indemnifying Party, the no Buyer Indemnitee shall promptly remit to or Seller Indemnitee that is seeking indemnification from the Indemnifying Party shall waive or release any contractual right to recover from a third party any Losses subject to (or that may be subject to) indemnification hereunder without the excess prior written consent of the Indemnifying Party. Each Buyer Indemnitee and Seller Indemnitee seeking indemnification hereunder will, and will cause its Affiliates to, cooperate with the Indemnifying Party, at the Indemnifying Party’s expense, with respect to any such effort to pursue and collect with respect thereto. For the avoidance of doubt, in the event that a recovery is made under an Alternative Arrangement by any Buyer Indemnitee or Seller Indemnitee with respect to any Losses which have been indemnified hereunder, then a refund equal to the aggregate amount of the recovery (if any) of (i) up to the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (iihereunder) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled made promptly to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofapplicable Indemnifying Party. (d) Notwithstanding anything With respect to the contrary, the amount Sellers’ indemnification obligations hereunder upon a breach of any representation or warranty set forth in Article II, (i) any Seller that is treated as having not made such representation or warranty by reason of such Seller not owning an LLC Interest in the Company that was the subject of the breached representation or warranty shall have no indemnification or contribution obligations under this Separation Agreement hereunder for any Losses arising from such breach, and (ii) the Pro Rata Shares of the other Sellers shall not be adjusted to take into account the Tax treatment equal their respective proportionate shares of the relevant Indemnitee with respect Purchase Price paid to the indemnification or contribution payment or the indemnified itemall such other Sellers hereunder.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party Notwithstanding anything to the contrary set forth in this Agreement, Sovereign shall be liable to the Purchaser Indemnified Parties for indemnification under this Article XV in respect of any Indemnifiable Losses breach of the representations and the Indemnitee could have recovered all or a part warranties made by it in Section 6.1 above (and recourse may be had against Sovereign in respect of any such Indemnifiable Loss from a third party (a “Potential Contributor”breach) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, only if and to the extent permitted that Sovereign has recourse against Fleet pursuant to a claim for indemnification under Article XIV of the Fleet/Sovereign P&A Agreement. Any such claim which Purchaser may have against Sovereign for which Sovereign has a claim for indemnification against Fleet is hereinafter referred to as a "Purchaser Pass-Through Claim." (Purchaser acknowledges that any claim which Sovereign may assert against Fleet under such Article XIV is subject to all of the limitations on Fleet's liability set forth in such Article, including, without limitation, the limitations set forth in Section 14.6 thereof.) If requested to do so by applicable LawPurchaser, Sovereign shall, at Sovereign's option: (a) assert in Purchaser's name and on Purchaser's behalf any Purchaser Pass-Through Claim against Fleet at Purchaser's sole cost and expense, provided that: (i) that such Claim is BONA FIDE, and (ii) Purchaser delivers to Sovereign in writing its undertaking to defend and indemnify Sovereign against and to hold Sovereign harmless from any claims and liabilities which may be asserted against Sovereign as a consequence of Sovereign's assertion of the Purchaser Pass-Through Claim against Fleet, such undertaking to be reasonably satisfactory to Sovereign in form and substance, or (b) assign such Claim to Purchaser, provided that the consent of its rights any third Person to proceed such assignment is not required or, if required, is obtained. All claims for indemnification which Sovereign may have against Fleet shall be aggregated with all Purchaser Pass-Through Claims for purposes of applying the Potential Contributor as are necessary limitations set forth in Section 14.6 of the Fleet/Sovereign P&A Agreement and any recovery shall be shared by Sovereign and Purchaser in proportion to permit their respective claims, provided that Sovereign and Purchaser shall each be entitled to be reimbursed in full for the expenses incurred by it in securing any recovery before any allocation of such Indemnifying Party to recover from the Potential Contributor recovery is made between them. For example, if Sovereign has a claim for indemnification against Fleet in the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from $12 million and Purchaser has a third party Purchaser Pass-Through Claim in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by of $6 million (such that the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full aggregate amount of the Indemnifiable Loss. (c) An insurer who claims against Fleet is $18 million), and if Sovereign secures a recovery from Fleet in the amount of $3 million and Sovereign and Purchaser collectively incur expenses of $600,000 in securing such recovery, Purchaser would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive $800,000 of such recovery [($3 million, less $600,000) x 6/18]. Purchaser agrees to cooperate fully with Sovereign in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of pursuing any indemnification or contribution obligations under this Separation Agreement shall not be adjusted such claim against Fleet and to take into account the Tax treatment of the relevant Indemnitee with respect all such actions in connection therewith as Sovereign may from time to the indemnification or contribution payment or the indemnified itemtime reasonably request.

Certain Limitations. The indemnification provided for in Section 8.1 and Section 8.2 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from The Seller Indemnifying Parties shall not be liable to the Buyer Indemnitees for indemnification under Section 8.1 unless and until the aggregate amount of all Losses indemnified under such section exceeds an amount equal to $50,000 (the “Basket”), in which event the Seller Indemnifying Party Parties shall be liable for Losses in respect excess of such amount; provided, that the Basket will not apply to or otherwise be comprised of any Indemnifiable Losses and the Indemnitee could have recovered all based upon, arising out of, with respect to or by reason of (i) a part breach of such Indemnifiable Loss from a third party any Seller Parties Fundamental Representations or (a “Potential Contributor”ii) based on the underlying claim for fraud, willful misconduct or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributorintentional misrepresentation. (b) If notwithstanding Section 5.04 an Indemnitee receives an The amount from a third party in respect of an Indemnifiable Loss that is all Losses for which the subject of Contributing Shareholders shall be liable for indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to under this Article V, the Indemnitee VIII shall promptly remit to the Indemnifying Party the excess (if any) of (i) not exceed the amount paid equal to such Contributing Shareholder’s percentage ownership in the Company multiplied by the Indemnifying Party Contributions actually received by the Company from Buyer under this Agreement, except in respect the event of fraud committed by such LiabilityContributing Shareholder. Except in the event of fraud, plus the amount received willful misconduct or intentional misrepresentation committed by a Contributing Shareholder, Buyer Indemnitees’ recovery from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Losssuch Contributing Shareholder shall be limited to Company stock owned by such Contributing Shareholder. (c) An insurer who would otherwise The amount of all Losses for which the Seller Indemnifying Parties shall be obligated to pay any claim liable for indemnification under this Article VIII shall not be relieved exceed the lesser of (i) an aggregate amount of $10,000,000 or the (ii) the fair market value of the responsibility with respect thereto orShares owned by the Seller Indemnifying Parties, solely except in the event of fraud, willful misconduct or intentional misrepresentation committed by virtue such Seller Indemnifying Party. Except in the event of the indemnification provisions hereoffraud, have any subrogation rights with respect theretowillful misconduct or intentional misrepresentation committed by a Seller Indemnifying Party, it being expressly understood and agreed that no insurer or any other third party only for amounts in excess of Company Formation Expenses and Company Transaction Expenses paid by Buyer Indemnitees, Buyer Indemnitees’ recovery from a Seller Indemnifying Party shall be entitled limited to a “wind-fall” (i.e. a benefit they would not be entitled to receive in Company stock owned by the absence of the indemnification provisions) by virtue of the indemnification provisions hereofSeller Indemnifying Party. (d) Notwithstanding anything Payments by the Seller Indemnifying Parties pursuant to Section 8.1 or the contrary, Buyer Indemnifying Party pursuant to Section 8.2 in respect of any Loss shall be limited to the amount of any indemnification liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity, contribution obligations or other similar payment received by the Seller Indemnifying Parties or the buyer Indemnifying Party (or the Company) in respect of any such claim. The Seller Indemnifying Parties and the Buyer Indemnifying Party, as applicable, shall use its commercially reasonable efforts to recover under this Separation Agreement insurance policies or indemnity, contribution or other similar agreements for any Losses. (e) Seller Parties shall not be adjusted to take into account the Tax treatment liable under this Article VIII for any Losses based upon or arising out of any inaccuracy in or breach of any of the relevant Indemnitee with respect representations or warranties of the Seller Parties contained in this Agreement if Buyer had actual knowledge of such inaccuracy or breach prior to the indemnification or contribution payment or the indemnified itemClosing.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartySubject to Section 2.02, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee from third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such payment indemnifiable losses or the other liability. Any Indemnifying Party hereunder shall otherwise be subrogated to such Indemnitee’s the rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to upon payment in full of the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall be entitled promptly remit to a “wind-fall” the Indemnifying Party the excess (i.e. a benefit they would not be entitled to receive in if any) of (A) the absence sum of the indemnification provisionsamount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch indemnifiable loss or other liability. (db) Notwithstanding anything The amount of any loss or other liability for which indemnification is provided under this Agreement shall be (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 4.04(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a net tax cost or a net tax benefit to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any Final Determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemEffective Date.

Certain Limitations. REIT hereby covenants and agrees (a) If not to designate or participate in the designation of a REIT Observer who, to REIT’s knowledge, after reasonable inquiry, is a Disqualified Designee and (b) that in the event REIT becomes aware that any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all individual previously designated by REIT is or has become a part Disqualified Designee, then (i) REIT shall as promptly as practicable (A) notify CEOC of such Indemnifiable Loss from a third party fact and (a “Potential Contributor”B) based on the underlying claim or demand asserted against take such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor actions as are necessary to permit immediately remove such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Disqualified Designee and, in accordance with Section 5.04 an Indemnitee receives an amount from 1.2, designate a third party in respect of an Indemnifiable Loss that replacement designee who is the subject of indemnification hereunder after all or not a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less Disqualified Designee; and (ii) CEOC shall be permitted to take such actions as are necessary to remove such Disqualified Designee from such individual’s respective designation hereunder. The REIT Observer shall promptly notify the full amount Parties if he or she is a Disqualified Designee and shall promptly resign as the REIT Observer. A “Disqualified Designee” means any designee to whom any Disqualification Event is applicable. A “Disqualified Event” means each of the Indemnifiable Loss. (c“bad actor” disqualifying events described in Rule 506(d)(1) An insurer who would otherwise be obligated to pay any claim shall not be relieved promulgated under the Securities Act of the responsibility with respect thereto or1933, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) as amended. Notwithstanding anything else contained herein to the contrary, the amount Parties acknowledge and agree, on their own behalf and on behalf of any indemnification or contribution obligations under this Separation Agreement their designees, that the REIT Observer shall not be adjusted entitled to take into account attend or otherwise participate in any meetings or presentations or to receive information, to the Tax treatment extent that, the CEOC Board determines in good faith, upon advice of CEOC’s outside counsel (which, for the avoidance of doubt, may be the same as CEC’s outside counsel), that (i) such attendance, participation or information would be reasonably likely to jeopardize, compromise or otherwise waive attorney- client privilege, the work product doctrine or other similar evidentiary privileges or doctrines, (ii) information is reasonably expected to be discussed, or was discussed and otherwise included, that directly relates to CEOC’s negotiating position relating to any transaction or dispute between itself (or its affiliates) and REIT (or its affiliates), and inclusion of the relevant Indemnitee with respect REIT Observer would be adverse to such negotiating position (provided, however, that (a) the foregoing limitations in subclauses (i) and (ii) shall only apply to the indemnification or contribution payment portion of the meeting or the indemnified iteminformation which would be required to preserve such attorney-client privilege, the work product doctrine or other similar evidentiary privileges or doctrines or mitigate such adverse effect to CEOC’s negotiating position, as the case may be, and not to any other portion thereof and (b) CEOC shall, and shall cause its affiliates to, use reasonable best efforts to permit such attendance or cause such information to be provided in a manner that would not result in, in the case of subclause (i) such jeopardy, compromise or waiver of attorney-client privilege, the work product doctrine or other similar evidentiary privileges or doctrines), or in the case of subclause (ii) prejudice such negotiating position, or (iii) the REIT Observer is a Disqualified Designee. Upon any determination or designation of the REIT Observer as a Disqualified Designee, REIT shall have the Case 15-01145 Doc 7467-8 Filed 10/03/17 Entered 10/03/17 19:43:57 Desc Exhibit WW Page 4 of 11 -4- Error! Unknown document property name. right to immediately designate a replacement designee in accordance with Section 1.2. For the avoidance of doubt, the presence of the REIT Observer shall not be required to establish a quorum of the CEOC Board. REIT shall be liable for a breach of this Agreement by the REIT Observer as though such individual were a party to this Agreement.

Certain Limitations. The Party making a claim under this Article VII is referred to as the “Indemnified Party”, and the party against whom such claims are asserted under this Article VII is referred to as the “Indemnifying Party”. The indemnification provided for in Section 7.02 and Section 7.03 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses for which indemnification is provided under this Article VII shall be without duplication of recovery and shall be net of any amounts actually recovered by the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a Indemnified Party under third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated insurance policies with respect to such Indemnitee’s rights against Losses (net of the Potential Contributor.present value of any increase in premiums actually imposed by the applicable insurance carrier as a result of the occurrence of the Loss and all costs and expenses incurred in recovering such insurance proceeds with respect to such Loss); (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an In no event shall any Indemnifying Party be liable to any Indemnified Party for any punitive, consequential (including lost profits or diminution in value), special or indirect damages, including damages resulting from loss of future revenue or income, loss of business reputation, or loss of opportunity relating to the breach or alleged breach of this Agreement, except to the extent any such damages are actually paid pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying a Third-Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss.Claim; (c) An insurer who The Indemnified Party shall take and shall cause its Affiliates to take all reasonable steps to mitigate any Liability upon becoming aware of any event which would otherwise reasonably be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orexpected to, solely by virtue of the indemnification provisions hereofor does, have any subrogation rights with respect give rise thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof.; (d) Notwithstanding anything to the contrarycontrary herein, the amount of any indemnification or contribution obligations under nothing in this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemrelieve any Party from liability for actual fraud; and (e) NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, EACH PARTY SHALL BEAR FULL RESPONSIBILITY, WITHOUT LIMIT, FOR ITS GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AND, IN NO EVENT, WILL A PARTY BE REQUIRED TO RELEASE OR INDEMNIFY THE OTHER PARTY FOR GROSS NEGLIGENCE OR WILLFUL MISCONDUCT.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Losses and Covered Liabilities for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee could have indemnified party from third parties (including amounts actually recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Partyunder insurance policies, such Indemnitee shall, but only to the extent permitted any recovered insurance proceeds exceed costs of collecting such proceeds and premium increases, whether retrospective or prospective, that are certified by applicable Law, assign such of its rights the underwriter to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover result from the Potential Contributor claim for such proceeds) with respect to such Covered Liabilities. Any indemnifying party hereunder shall be subrogated to the rights of the indemnified party upon payment in full of the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other indemnified party recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an indemnifying party or after an indemnifying party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the indemnified party shall be entitled promptly remit to a “wind-fall” the indemnifying party the excess of (i.e. a benefit they would not be entitled to receive in A) the absence sum of the indemnification provisionsamount theretofore paid by such indemnifying party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) by virtue the full amount of the indemnification provisions hereofsuch Covered Liabilities. (db) Notwithstanding anything Any indemnity payment made under this Agreement shall be treated by Buyer and Seller as an adjustment to the contraryPurchase Price, and Seller and Buyer agree not to take any position inconsistent therewith for any purpose. (c) Claims indemnifiable hereunder that are asserted within the periods permitted under Sections 11.1 and 11.4 shall, notwithstanding the passage of time beyond such periods, remain indemnifiable until enforced or compromised and satisfied in favor of, or withdrawn by, the amount indemnitee. The limitations on liability for indemnification set forth in the proviso clauses of any indemnification or contribution obligations under this Separation Agreement Sections 11.2 and 11.3 shall not apply to any Covered Liability resulting from (i) a breach of representation or warranty contained herein committed with the knowledge of Raytheon or Buyer, as the case may be adjusted to take into account or (ii) an intentional breach of a covenant within the Tax treatment control of Raytheon or Buyer, as the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemcase may be.

Certain Limitations. Notwithstanding anything to the contrary: (a) If No Buyer Indemnitee shall be entitled to indemnification hereunder from Seller with respect to any Indemnitee receives any payment from an Indemnifying Party inaccuracy, misrepresentation or breach of a representation, warranty or covenant in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party this Agreement (a “Potential ContributorBreach”) based if, on the underlying claim or demand asserted against such Indemnifying Partydate hereof, such Indemnitee shall, to Seller establishes that (i) any of the extent permitted by applicable Law, assign such persons listed on Schedule 1.1(e) hereof had actual knowledge of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount existence of such payment or Breach and (ii) none of the Indemnifying Party persons listed on Schedule 1.1(f) had actual knowledge of such Breach; provided, that the foregoing shall otherwise be subrogated to such Indemniteenot limit Seller’s rights against the Potential Contributorobligations under Section 11.2(a)(iii). (b) If notwithstanding Section 5.04 an No Seller Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of shall be entitled to indemnification hereunder after all or from Buyer with respect to a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article VBreach if, on the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of date hereof, Buyer establishes that (i) any of the amount paid by persons listed on Schedule 1.1(f) hereof had actual knowledge of the Indemnifying Party in respect existence of such Liability, plus the amount received from the Third Party in respect thereof, less Breach and (ii) the full amount none of the Indemnifiable Losspersons listed on Schedule 1.1(e) had actual knowledge of such Breach; provided that the foregoing shall not limit Buyer’s obligations under Section 11.3(a)(iii). (c) An insurer who would otherwise Seller shall not be obligated to pay indemnify Buyer against any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive Current Liabilities included in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofClosing Date Net Working Capital. (d) Notwithstanding anything If an Indemnified Party receives insurance proceeds for a claim as a result of Losses relating to a matter for which the Indemnified Party has also been indemnified hereunder, such Indemnified Party shall promptly pay the amount of such insurance proceeds to the contraryIndemnifying Party, up to the amount previously paid by such Indemnifying Party to such Indemnified Party as indemnification hereunder in relation to such matter, or if such Indemnifying Party has not yet satisfied the indemnification claim of the Indemnified Party, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted such Indemnifying Party is obligated to take into account pay the Tax treatment of the relevant Indemnitee Indemnified Party with respect to such matter shall be reduced by the indemnification or contribution payment or the indemnified itemamount of such insurance proceeds that such Indemnified Party has received.

Certain Limitations. (ai) If any Indemnitee receives any payment from an Indemnifying Party in respect The amount of any Indemnifiable Purchaser's Losses and or Seller's Losses shall be net of any amounts actually recovered by the Indemnitee could have from third parties (including, without limitation, amounts actually recovered all under insurance policies) with respect to such Purchaser's Losses or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on Seller's Losses as the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, case may be. Any Indemnitor hereunder shall be subrogated to the extent permitted by applicable Law, assign such rights of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor Indemnitee upon payment in full of the amount of such payment the relevant Purchaser's Losses or Seller's Losses as the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) case may be. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto. If any Indemnitee recovers an amount from a third party in respect of any Purchaser's Losses or Seller's Losses as the case may be after the full amount of such Purchaser's Losses or Seller's Losses has been paid by an Indemnitor or after an Indemnitor has made a partial payment of such Purchaser's Losses or Seller's Losses and the amount received from the third party exceeds the remaining unpaid balance of such Purchaser's Losses or Seller's Losses, then the Indemnitee shall promptly remit to the Indemnitor the excess (if any) of (a) the sum of the amount theretofore paid by the Indemnitor in respect of such Purchaser's Losses or Seller's Losses plus the amount received from the third party in respect thereof, less (b) the full amount of such Purchaser's Losses or Seller's Losses. (ii) The amount of any Purchaser's Losses or Seller's Losses or any other amounts payable or reimbursable by one party to the other under this Agreement shall be increased or decreased to take account of any net Tax cost incurred or any net Tax benefit realized by the Indemnitee. (iii) Notwithstanding any other provisions of this Agreement (a) the Purchaser shall not have any right to make claims for indemnification pursuant to this Section 13.14 with respect to any matter which is the basis of any economic adjustment pursuant to Section 2.2(B) or Section 2.3(C), it being expressly understood that such adjustments constitute the Purchaser's sole recourse and agreed that no insurer remedy with respect to such matters to the exclusion of this Section 13.14, and (b) neither the Purchaser nor the Seller shall have any right to make claims for indemnification pursuant to this Section 13.14 on account of breaches of representations and warranties in this Agreement after the period for which such representations or any other third party warranties survive pursuant to Section 13.14(B) and Section 13.14(C). If the Closing occurs, the indemnification rights of the parties provided in this Section 13.14 and in the Escrow Agreement constitute the exclusive remedy of the parties with respect to all matters described in this Agreement (except for the matters described in Article II, Section 6.7, Section 6.9, Section 6.18, Article XI and Article XII for which the parties shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in specific performance and all other remedies available at law or equity for the absence breach of the indemnification provisions) by virtue of the indemnification provisions hereofmatters described in such Sections and Articles). (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. Without limiting the effect of any other limitation contained in this Article VIII, the following limitations shall apply to all claims for indemnification under this Article VIII: (a) If For the avoidance of doubt, if a party breaches any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all representation or a part warranty of such Indemnifiable Loss from a third party set forth in this Agreement that is qualified by materiality (a including the word or words “Potential Contributor”) based on material,” “in all material respects,” “Acquired Business Material Adverse Effect” or any word or words of similar import), the underlying claim or demand asserted against such Indemnifying Party, such applicable Indemnitee shall, shall (solely to the extent permitted by applicable Law, assign such of its rights otherwise provided in this Article VIII and subject to proceed against the Potential Contributor as are necessary limitations set forth in this Article VIII) be entitled to permit such Indemnifying Party to recover from indemnification for the Potential Contributor the full amount of Damages resulting from such payment or breach (and not solely for the Indemnifying Party shall otherwise excess of such Damages over any portion thereof deemed not to be subrogated to such Indemnitee’s rights against the Potential Contributormaterial). (b) If notwithstanding Section 5.04 Purchaser shall not be entitled to make any claim for indemnification with respect to any matter to the extent that such matter (or an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is accrual, reserve or provision therefor (to the subject of indemnification hereunder after all or a portion extent of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to accrual, reserve or provision)) is reflected as a current liability on the Final Closing Transaction Value Schedule or otherwise taken into account in the calculation of the Final Transaction Value, and the amount of any Damages for which indemnification is provided under this Article VVIII shall be calculated net of any such accruals, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossreserves or provisions. (c) An insurer who would otherwise be obligated Purchaser and each Acquired Company shall (and each shall cause each other Purchaser Indemnitee to) use commercially reasonable efforts to pay any claim pursue all reasonable legal rights and remedies available to Purchaser and each Acquired Company in order to mitigate applicable Damages for which indemnification is provided to the Purchaser Indemnitees under this Article VIII. The Retained Companies shall not be relieved of (and each shall cause each other Seller Indemnitee to) use commercially reasonable efforts to pursue all reasonable legal rights and remedies available to such Person order to mitigate applicable Damages for which indemnification is provided to the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofSeller Indemnitees under this Article VIII. (d) Notwithstanding anything In no event shall any Seller Indemnitor have any liability under this Article VIII for any Damages arising from or relating to, directly or indirectly, a breach of the representations and warranties set forth in Section 3.19(b) that is cured within forty-five (45) days after Purchaser’s delivery of a Claim Certificate pursuant to and in compliance with the requirements of Section 8.5 or 8.6, as applicable. (e) In no event shall any Seller Indemnitor have any liability under this Article VIII for any Damages arising from or relating to, directly or indirectly, any act, omission or transaction carried out by or at the request of Purchaser or any Affiliate thereof before, on or after the Closing Date, including, without limitation, any change in the accounting policies, practices or procedures of the Acquired Business or any of the Acquired Companies after the Closing; provided, however, that for the avoidance of doubt, no transaction occurring or required to occur prior to the contrary, Closing pursuant to an Ancillary Agreement shall be considered to have been carried out by or at the request of Purchaser or any of its Affiliates. (f) The amount of Damages recoverable by the Purchaser Indemnitees under this Article VIII with respect to any Claim shall be reduced by the amount of any indemnification payment received by Purchaser, any Acquired Company or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee any Affiliate thereof with respect to such Damages from any insurance provider or any other third party. Purchaser shall (and shall cause each other Purchaser Indemnitee to) use commercially reasonable efforts to pursue all insurance claims and other third party payments to which any Purchaser Indemnitee may be entitled in connection with any Damages it incurs. If the indemnification Purchaser Indemnitees become entitled to receive any insurance or contribution other third party payment in connection with any Claim for Damages for which it has already received a disbursement from the Escrow Fund or payment from any Seller Indemnitor, they shall pay to the indemnified itemSeller Representative (on behalf of the applicable Seller Indemnitors), within thirty (30) calendar days after it becomes entitled to such payment, an amount equal to the excess of (x) the amount previously received by the Purchaser Indemnitees from the Escrow Fund or any Seller Indemnitor with respect to such Claim plus the amount of such insurance or other third party payment, over (y) the amount of Damages to which the Purchaser Indemnitees have become entitled under this Agreement in connection with such Claim. (g) No amounts distributed to any Seller, any Remaining Member, any Parent Equity Holder or any Remaining Parent Equity Holder from the Escrow Fund or paid to any such Person pursuant to Section 2.5 shall be subject to any right of set off, clawback or recoupment for any reason.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party The obligations of the Seller in respect of Purchaser Indemnity Claims pursuant to Section 8.02(a) (other than Purchaser Indemnity Claims in respect of a breach of any Indemnifiable Losses and Fundamental Representations or Tax Representations or that arise from intentional fraud by the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party Seller, which shall not be subject to the limitations set forth in this Section 8.05(a)) (a “Potential ContributorCovered Purchaser Indemnity Claims”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, shall become operative and effective only if and to the extent permitted by applicable Law, assign such of its rights to proceed against that the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the aggregate amount of all Losses incurred by the applicable Indemnitees arising from Covered Purchaser Indemnity Claims exceeds one percent (1%) of the Purchase Price (the “Basket Amount”). Covered Purchaser Indemnity Claims shall accumulate until such payment or time as the Indemnifying Party aggregate amount of all Losses arising therefrom exceeds the Basket Amount, at which time the Seller shall otherwise be subrogated obligated to indemnify the applicable Indemnitees against such Indemnitee’s rights against Losses, but only to the Potential Contributorextent the aggregate amount thereof exceeds the Basket Amount. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party The obligations of the Purchaser in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Seller Indemnity Claims pursuant to this Article VSection 8.03(a) (other than Seller Indemnity Claims in respect of a breach of any Fundamental Representations or that arise from intentional fraud by the Purchaser, the Indemnitee which shall promptly remit not be subject to the Indemnifying Party limitations set forth in this Section 8.05(b)) (“Covered Seller Indemnity Claims”) shall become operative and effective only if and to the excess (if any) extent that the aggregate amount of all Losses incurred by the applicable Indemnitees arising from Covered Seller Indemnity Claims exceeds the Basket Amount. Covered Seller Indemnity Claims shall accumulate until such time as the aggregate amount of all Losses arising therefrom exceeds the Basket Amount, at which time the Purchaser shall be obligated to indemnify the applicable Indemnitees against such Losses, but only to the extent the aggregate amount thereof exceeds the Basket Amount. (i) The maximum obligation of the amount paid by the Indemnifying Party Seller to provide indemnification in respect of such Liability, plus Covered Purchaser Indemnity Claims shall not exceed ten percent (10%) of the amount received from Purchase Price (the Third Party in respect thereof, less “Cap Amount”) and (ii) the maximum obligation of the Seller to provide indemnification in respect of Purchaser Indemnity Claims pursuant to Section 8.02(a) and Section 8.02(b) shall not exceed the Purchase Price; provided, however, that the limitations in this clause (ii) shall not apply to any Purchaser Indemnity Claim pursuant to Section 8.02(b) with respect to the Seller’s obligations and agreements in Section 1.05 and Section 1.06. (d) (i) The maximum obligation of the Purchaser to provide indemnification in respect of Covered Seller Indemnity Claims shall not exceed the Cap Amount and (ii) the maximum obligation of the Purchaser to provide indemnification in respect of Seller Indemnity Claims pursuant to Section 8.03(a) and Section 8.03(b) shall not exceed the Purchase Price; provided, however, that the limitations in this clause (ii) shall not apply to any Seller Indemnity Claim pursuant to Section 8.03(b) with respect to the Purchaser’s obligations and agreements in Section 1.05, Section 1.06, Section 5.17(c), Section 5.19(e) and Section 5.19(f). (e) The obligations of the Seller in respect of Purchaser Indemnity Claims pursuant to Section 8.02(a) shall become operative and effective only if and to the extent that the amount of Loss incurred by the applicable Indemnitees related to each individual Purchaser Indemnity Claim pursuant to Section 8.02(a) or series of aggregated Purchaser Indemnity Claims pursuant to Section 8.02(a) arising out of the same or similar facts, events or circumstances exceeds $75,000 (the “De Minimis Threshold”), and any such Losses below the De Minimis Threshold shall not be counted toward the Basket Amount. (f) The obligations of the Purchaser in respect of Seller Indemnity Claims pursuant to Section 8.03(a) shall become operative and effective only if and to the extent that the amount of Loss incurred by the applicable Indemnitees related to each individual Seller Indemnity Claim pursuant to Section 8.03(a) or series of aggregated Seller Indemnity Claims pursuant to Section 8.03(a) arising out of the same or similar facts, events or circumstances exceeds the De Minimis Threshold, and any such Losses below the De Minimis Threshold shall not be counted toward the Basket Amount. (g) Each of the parties hereby acknowledges and agrees that the limitations provided for in paragraphs (a) and (b) above apply only to Covered Purchaser Indemnity Claims or Covered Seller Indemnity Claims (as the case may be), and do not apply to any other rights to indemnification provided for in this Article VIII, including rights to indemnification against Retained Liabilities or Assumed Liabilities (as the case may be). (h) Any Losses for which any Indemnitee would be entitled to indemnification under this Article VIII shall be reduced by (i) any cash payments, setoffs or recoupment of any payments in each case receivable, realizable or retainable by such Indemnitee (including any amounts recovered or recoverable by the Indemnitee under insurance policies, including the Title Policies) or (ii) any Tax Benefit actually realized in the taxable year of such Loss or a prior taxable year, in each case as a result of any event giving rise to an Indemnity Claim. Each Indemnitee shall as promptly as practicable pay over to the Indemnitor any amounts actually recovered (after deducting therefrom the full amount of the Indemnifiable expenses incurred by it in procuring such recovery), but not in excess of the sum of any amount previously so paid by the Indemnitor to or on behalf of the Indemnitee in respect of such Loss. (ci) An insurer who would otherwise be obligated to pay any claim The obligations of the Seller in respect of Purchaser Indemnity Claims shall not be relieved become operative and effective to the extent arising from (A) the conduct by the Purchaser or any of its Affiliates, employees, representatives or agents of any invasive or destructive sampling or assessment of any soil or groundwater at any of the responsibility Real Property unless such sampling or assessment (1) is required to be undertaken pursuant to any applicable Environmental Law or Order, (2) arises in the ordinary course of business out of repairs, modifications, maintenance activities, construction or other capital projects, in each case relating to the Assets or Transferred Business and conducted consistent with respect thereto or, solely by virtue industry practices or (3) arises in response to a requirement of a Governmental Authority or a financing source of the indemnification provisions hereofPurchaser or its Affiliates; (B) any material change made by the Purchaser in the scope of use of any Real Property (including the change resulting from the decommissioning, have closure or shutdown of any subrogation rights with respect thereto, it being expressly understood and agreed facility) such that the Real Property is no insurer longer used for similar industrial purposes; or (C) any conduct by the Purchaser or any other third party shall be entitled to of its Affiliates, employees, representatives or agents not consistent with that of a “wind-fall” reasonable and prudent business person who owns the applicable Real Property (i.e. a benefit they would not be entitled to receive in the absence without consideration of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount benefit of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account provided by the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemSeller).

Certain Limitations. (a) If The amount of any indemnifiable losses or other liability for which indemnification is provided under this Agreement shall be net of any amounts actually recovered by the Indemnitee receives any payment from an third parties (including, without limitation, amounts actually recovered under insurance policies) with respect to such indemnifiable losses or other liability. Any Indemnifying Party in respect hereunder shall be subrogated to the rights of any Indemnifiable Losses and the Indemnitee could have recovered all or a part upon payment in full of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) relevant indemnifiable loss. An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions provision hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or . If any other Indemnitee recovers an amount from a third party in respect of an indemnifiable loss for which indemnification is provided in this Agreement after the full amount of such indemnifiable loss has been paid by an Indemnifying Party or after an Indemnifying Party has made a partial payment of such indemnifiable loss and the amount received from the third party exceeds the remaining unpaid balance of such indemnifiable loss, then the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (A) the sum of the amount theretofore paid by such Indemnifying Party in respect of such indemnifiable loss plus the amount received from the third party in respect thereof, less (B) the full amount of such indemnifiable loss or other liability. Nothing in this Section 5.03(b) shall obligate any Indemnifying Party to seek to recover any amounts from any third party (including, without limitation, amounts recoverable under insurance policies) prior to, or as a (b) The amount of any loss or other liability for which indemnification is provided under this Agreement shall be entitled (i) increased to take account of any net tax cost incurred by the Indemnitee arising from the receipt or accrual of an indemnification payment hereunder (grossed up for such increase) and (ii) reduced to take account of any net tax benefit realized by the Indemnitee arising from incurring or paying such loss or other liability. In computing the amount of any such tax cost or tax benefit, the Indemnitee shall be deemed to recognize all other items of income, gain, loss, deduction or credit before recognizing any item arising from the receipt or accrual of any indemnification payment hereunder or incurring or paying any indemnified loss. Any indemnification payment hereunder shall initially be made without regard to this Section 5.03(b) and shall be increased or reduced to reflect any such net tax cost (including gross-up) or net tax benefit only after the Indemnitee has actually realized such cost or benefit. For purposes of this Agreement, an Indemnitee shall be deemed to have "actually realized" a “wind-fall” (i.e. net tax cost or a net tax benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contraryextent that, and at such time as, the amount of taxes payable by such Indemnitee is increased above or reduced below, as the case may be, the amount of taxes that such Indemnitee would be required to pay but for the receipt or accrual of the indemnification payment or the incurrence or payment of such loss, as the case may be. The amount of any indemnification increase or contribution obligations under this Separation Agreement reduction hereunder shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee reflect any final determination with respect to the Indemnitee's liability for taxes, and payments between such indemnified parties to reflect such adjustment shall be made if necessary. (c) Any indemnification or contribution payment or made under this Agreement relating to Assumed Liabilities, Excluded Assets and Excluded Liabilities shall be characterized for tax purposes as if such payment were made immediately prior to the indemnified itemContribution Date.

Certain Limitations. (a) If The Sellers and the Shareholders shall not have any Indemnitee receives liability under this Agreement resulting from any payment misrepresentation, breaches of representations and warranties or non-fulfillment of any agreement, covenant or obligation except to the extent that the aggregate of all amounts for which the Sellers and the Shareholders, but for this Section 13.6, would be liable exceeds on a cumulative basis $265,000 (the "Threshold"). The Purchasers shall not have any liability under this Agreement resulting from an Indemnifying Party any misrepresentation, breaches of representations and warranties or non-fulfillment of any agreement, covenant or obligation except to the extent that the aggregate of all amounts for which the Purchasers, but for this Section 13.6, would be liable exceeds on a cumulative basis the Threshold. For purposes of determining whether the Threshold has been met in respect of any Indemnifiable Losses and matter to which it applies, the Indemnitee could have recovered all references in this Agreement to Knowledge or a part of such Indemnifiable Loss from a third party materiality (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party correlative meanings) shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributordisregarded. (b) No liability shall be enforced on a claim to the extent of any insurance proceeds received by the party seeking indemnification (net of self-insured retention or deductible amounts including, but not limited to, any proceeds from title insurance coverage relating to the Real Property). If notwithstanding Section 5.04 an Indemnitee the party seeking indemnification receives an amount from any such insurance proceeds after a third claim shall have been paid, the party in respect of an Indemnifiable Loss that is seeking indemnification shall promptly return such payment to the subject of indemnification hereunder after all or a portion extent of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant insurance proceeds received. All amounts due under indemnification claims shall be net of all tax effects, including tax effects on indemnification payments. The Purchasers shall not be entitled to this Article Vindemnification or damages with respect to any obligation, the Indemnitee shall promptly remit liability or matter to the Indemnifying Party extent reserves or accruals for such matters are included in the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such LiabilityAdjusted December 31, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss1998 Balance Sheet. (c) An insurer who would The aggregate amount of liability that the Sellers and the Shareholders may be required to indemnify the Purchasers for pursuant to Section 13.2, or pay to the Purchasers pursuant to a breach of this Agreement or otherwise relating to the transactions contemplated under this Agreement, shall be obligated limited to pay any claim shall not be relieved of the responsibility with respect thereto orfive million dollars ($5,000,000); provided, solely by virtue of the indemnification provisions hereofhowever, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or such limitation shall apply to any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofTax liability. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (a) If Notwithstanding the foregoing, the Indemnifying Sellers shall not have any Indemnitee receives Liability to the Parent Indemnified Parties for any payment claims for indemnification made by the Parent Indemnified Parties pursuant to Section 7.2(a), and Parent shall not have any Liability to the Seller Indemnified Parties for any claims of indemnification made by the Seller Indemnified Parties pursuant to Section 7.3, in excess of 10% of the aggregate dollar amount of the Closing Cash Consideration (such amount, the “General Indemnity Cap”); provided, however, that: the General Indemnity Cap shall not apply to any Damages based upon, arising out of, or by reason of (A) any inaccuracy of the Fundamental Representations, (B) any breach by any Seller of the covenants and agreements contained in Section 5.6 (Non-Competition) or (C) fraud or willful misrepresentation; provided, however, that in the event any breach of any breach of any covenants and agreements contained in Section 5.6 or any fraud or willful misrepresentation results solely from an Indemnifying Party the action or inaction of a Seller, only such Seller shall be liable to the Parent Indemnified Parties in respect of such breach, fraud or willful misrepresentation. Any Damages based upon, arising out of, or by reason of (x) any Indemnifiable Losses and breach of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyFundamental Representations, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party covenants and agreements contained in Section 5.6 (Non-Competition) or (y) fraud or willful misrepresentation shall otherwise be subrogated to such Indemnitee’s rights against not count toward the Potential ContributorGeneral Indemnity Cap. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party All Damages shall be net of any amounts actually recovered by the applicable Indemnified Party under Insurance Policies or other collateral sources (such as contractual indemnitees of any Person which are contained outside of this Agreement) with respect to such Damages, less any actual costs, deductibles or expenses incurred in connection with securing such amounts (including any increased premiums resulting therefrom). The Indemnified Party shall use commercially reasonable efforts to make any insurance or other claims under applicable Insurance Policies then in effect or other collateral sources, in each case, that reasonably relate to or provide coverage with respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss to any Damages for which any Indemnified Party has been paid by indemnified under this Article VII. In no event shall any Indemnifying Party have any liability to the Indemnified Party for any punitive, exemplary, incidental, consequential, special or indirect damages, including business interruption, loss of future revenue or income, loss of business reputation or opportunity relating to the breach or alleged breach of this Agreement or any other Transaction Document, or diminution of value or any damages based on any type of multiple; provided, that an Indemnifying Party shall be liable to the Indemnified Party for such punitive or exemplary damages to the extent they are recovered against an Indemnified Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the a Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossClaim. (c) An insurer who If the amount to be netted pursuant to Section 7.5(a) from any payment required under this Article VII is determined after payment of any amount otherwise required to be paid to an Indemnified Party under this Article VII, the Indemnified Party shall repay to the Indemnifying Parties, promptly after such determination, any amount that the Indemnifying Parties would otherwise be obligated not have had to pay any claim shall not be relieved pursuant to this Article VII had such determination been made at the time of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofsuch payment. (d) Notwithstanding anything The Parent Indemnified Parties will not be entitled to recover Damages pursuant to Section 7.2(a) until the total amount which the Parent Indemnified Parties would recover under Section 7.2(a), but for this Section 7.5(d), exceeds $400,000 (the “Threshold”), at which point the Parent Indemnified Parties shall be entitled to recover for all from the first dollar exceeding the Threshold; provided, that the Threshold shall not apply to claims for indemnification against the Seller Indemnified Parties in respect of an inaccuracy or a breach of any Fundamental Representations, or any Damages arising out of or based upon fraud or willful misrepresentation. (e) The Sellers shall have no indemnification obligation for Damages with respect to (i) any Taxes that are attributable to a Tax period (or portion thereof) beginning after the Closing Date arising from a breach of the representations and warranties set forth in Section 3.11 (Taxes), other than those set forth in Section 3.8(j), (ii) the amount, value or condition of, or any limitations on, any Tax asset or attribute (e.g., net operating loss or Tax credit) of the Company, including the ability of any Parent or any of its affiliates (including, after the Closing, the Company and the Surviving Entity) to utilize such Tax asset or attribute, in each case, following the Closing, (iii) any Taxes reflected in the calculation of Company Debt or Company Transaction Expenses, and (iv) any Taxes arising from actions taken by Parent, the Company, the Surviving Entity or any affiliate on the Closing Date and after the Closing outside of the ordinary course of business and not contemplated by this Agreement. (f) Subject to the contrarylimitations set forth in this Section 7.5, any claims for indemnification with respect to Company breaches and any claims for indemnification against the Sellers pursuant to this Article VII shall be satisfied by the Sellers, on a several but not joint basis, in accordance with their respective Pro Rata Portion of the Merger Consideration. (g) Notwithstanding the fact that any Indemnified Party may have the right to assert claims for indemnification under or in respect of more than one provision of this Agreement in respect of any fact, event, condition or circumstance, no Indemnified Party shall be entitled to recover the amount of any Damages suffered by such Indemnified Party more than once, regardless of whether such Damages may be as a result of a breach of more than one representation, warranty, obligation or covenant or otherwise. In addition, any liability for indemnification hereunder shall be determined without duplication of recovery by reason of the state of facts giving rise to such liability, or contribution obligations under this Separation Agreement shall not be adjusted a breach of more than one representation, warranty, covenant or agreement, as applicable. (h) Each Party must take and must cause their respective Affiliates and Parent Indemnified Parties or Seller Indemnified Parties, as applicable, to take into account all reasonable steps to mitigate and otherwise minimize Damages to the Tax treatment maximum extent reasonably possible upon and after becoming aware of any event which would reasonably be expected to give rise to Damages. (i) Upon making any payment to an Indemnified Party for any indemnification claim pursuant to this Article VII, the relevant Indemnitee Indemnifying Party shall be subrogated, to the extent of such payment, to any rights which the Indemnified Party may have against any Person not a party to this Agreement with respect to the subject matter underlying such indemnification or contribution payment or claim and the indemnified itemIndemnified Party shall assign any such rights to the Indemnifying Party.

Certain Limitations. The indemnification provided for in Sections 5.2 and 5.3 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an The Indemnifying Party shall be liable to the Indemnified Party for indemnification under Section 5.2 or Section 5.3, as applicable, only to the extent the aggregate amount of all Losses in respect of any Indemnifiable Losses and indemnification under Section 5.2 or Section 5.3, as applicable, exceeds an amount equal to 0.5% of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyBase Purchase Price, such Indemnitee shallin which event, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise only be subrogated required to pay or be liable for Losses that, in the aggregate, are in excess of such Indemnitee’s rights against the Potential Contributoramount. (b) If notwithstanding An Indemnifying Party’s obligations pursuant to Section 5.04 an Indemnitee receives 5.2 or Section 5.3, as applicable, with respect to any Losses shall not exceed, in the aggregate, an amount from a third party equal to 10% of the Base Purchase Price. (c) The limitations described in respect this Section 5.5 shall not apply in the case of an Indemnifiable Loss that is fraud or intentional misrepresentation. Notwithstanding any provision contained herein to the subject of contrary, no Indemnified Party shall be entitled to indemnification hereunder after all with respect to a breach by an Indemnifying Party of any representations, warranties or a portion covenants under this Agreement to the extent that the party seeking indemnification had actual knowledge of such Indemnifiable Loss has been paid breach as of the Closing Date. (d) Payments by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party Section 5.2 or Section 5.3 in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party Loss shall be entitled limited to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary, the amount of any indemnification liability or damage that remains after deducting therefrom any insurance proceeds and any indemnity or contribution obligations payment received by the Indemnified Party (or an Affiliate of such Indemnified Party) that is directly related to any such claim (net of any deductible, costs of the Indemnified Party to collect such payments proceeds and any increase in insurance premiums arising directly from such claim). The Indemnified Party shall use commercially reasonable efforts to recover under insurance policies for any Losses for which it is seeking indemnification under this Separation Agreement Agreement. (e) In no event shall not any Indemnifying Party be adjusted liable to take into account any Indemnified Party for any punitive, consequential or special damages, except to the Tax treatment of extent actually paid by an Indemnified Party to a third party who is unaffiliated with such Indemnified Party. (f) In addition to the relevant Indemnitee other limitations contained in this Section 5.5, Buyer and the Company shall act in a commercially reasonable manner with respect to any Environmental Requirement or environmental condition for which Seller is obligated to indemnify any Buyer Indemnified Party and shall respond to such matters as though they were not subject to indemnification under Section 5.2. (g) All indemnification payments made under this Agreement shall be treated by the indemnification or contribution payment or parties as an adjustment to the indemnified itemPurchase Price for Tax purposes, unless otherwise required by law.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying No Investor Indemnified Party may recover in respect of any Indemnifiable Losses claim for indemnification made pursuant to Section 10.2(a) unless and until the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the aggregate amount of such payment Losses that may be claimed pursuant to Section 10.2(a) exceed $8,726,722.50 (the “Deductible”), and once the Deductible has been reached, the Investor Indemnified Parties may make claims for indemnification for all Losses in excess of the Deductible. No Vantage Indemnified Party may recover in respect of any claim for indemnification made pursuant to Section 10.3(a) unless and until the aggregate amount of Losses that may be claimed pursuant to Section 10.3(a) exceed the Deductible, and once the Deductible has been reached, the Vantage Indemnified Parties may make claims for indemnification for all Losses in excess of the Deductible. Notwithstanding the foregoing, the Deductible will not apply to Losses arising out of or resulting from any inaccuracy in or breach of the Indemnifying Party shall otherwise be subrogated Fundamental Representations, or with respect to such Indemnitee’s rights against the Potential Contributorany claims relating to any fraud. (b) If notwithstanding Section 5.04 Any Losses recoverable hereunder by an Indemnitee receives an Investor Indemnified Party will be reduced in amount by (i) any insurance proceeds (including under or from a the R&W Policy) or (ii) any indemnification amounts paid by third party parties under any agreement with such third party, in each case, in respect of an Indemnifiable Loss that is such Losses and actually obtained by any Investor Indemnified Party in connection with such Losses (in all such cases net of fees, expenses, increases in insurance premiums or any other costs incurred by any Investor Indemnified Party in order to obtain any such proceeds (to the subject extent not covered by such proceeds)), except that, for the avoidance of indemnification hereunder doubt, insurance proceeds actually obtained by any Investor Indemnified Party under the R&W Policy will not be reduced by the insurance premium paid as part of the R&W Policy Costs pursuant to Section 7.4), and the Investors will (A) use commercially reasonable efforts to obtain such proceeds (other than with respect to claims pursuant to Section 10.2(h)(i)) and (B) to the extent any such proceeds are actually obtained by any Investor Indemnified Party (and other than the insurance premium paid as part of the R&W Policy Costs pursuant to Section 7.4, net of fees, expenses, increases in insurance premiums or any other costs incurred by any Investor Indemnified Party in order to realize any such proceeds to the extent not explicitly covered by such insurance proceeds) after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party Losses are recovered from the Retained Owners pursuant to this Article VX, promptly repay the amount of such Losses, not to exceed the amount of such proceeds net of fees, expenses, increases in insurance premiums or any other costs incurred by any Investor Indemnified Party in order to realize any such proceeds and, in the case of insurance proceeds, not explicitly covered by such insurance (except that, in the case of the insurance premium paid as part of the R&W Policy Costs pursuant to Section 7.4, without such adjustment) to the Retained Owners. Other than with respect to claims pursuant to Section 10.2(h)(i), the Indemnitee shall promptly remit Investors will use commercially reasonable efforts to recover any Losses under the R&W Policy (which Losses are recoverable under the R&W Policy) prior to seeking indemnity from the Retained Owners, in each case, pursuant to the Indemnifying Party terms of this Agreement (including appealing any denial of coverage with respect to a matter covered by the excess terms of the R&W Policy and, if applicable, the commencement of any Proceeding against the insurer under the R&W Policy) it being understood and agreed that (if any) of (i1) the amount paid Investors will be entitled to seek indemnity from the Retained Owners concurrently with appealing any such denial of coverage (it being understood that any and all fees, costs and other expenses incurred by the Indemnifying Party in Investors appealing or litigating any such denial of coverage will constitute indemnifiable Losses hereunder to the extent it is determined that the Losses underlying such claim are indemnifiable hereunder) and (2) with respect to Losses not covered pursuant to the terms of such Liabilitythe R&W Policy, plus the amount received Investors will be entitled to seek indemnity from the Third Party Retained Owners without seeking recourse from the R&W Policy. Without limiting the foregoing, each Investor agrees that, in respect thereofusing its commercially reasonable efforts to recover Losses under the R&W Policy, less (ii) it will, to the full amount extent commercially reasonable to do so, attempt to recover under the R&W Policy all Losses that could be characterized as a breach of the Indemnifiable Loss.representations and warranties set forth in Article IV regardless of whether such Losses could also be recoverable from the Retained Owners pursuant to this Article X. (c) An insurer who would otherwise Losses will be obligated to pay any claim shall not be relieved determined without duplication of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall Loss for which an indemnification claim has been made or could be entitled to a “wind-fall” (i.e. a benefit they would made under any representation, warranty, covenant or agreement. The Investor Indemnified Parties and the Vantage Indemnified Parties will not be entitled to receive in recover more than once for the absence same Loss (including through the determination of the indemnification provisions) by virtue of the indemnification provisions hereofFinal Closing Consideration). (d) Notwithstanding anything to the contrary set forth herein, but subject to Section 10.5(j), the maximum amount of indemnifiable Losses that the Retained Owners shall be liable for after the Closing, or that may be recovered by the Investor Indemnified Parties from the Retained Owners, in the aggregate pursuant to Section 10.2(a) after the Closing shall be limited to $8,726,722.50, and the Investor Indemnified Parties shall only be entitled to recover such amount from the Indemnity Escrow Amount in accordance with the terms of the Escrow Agreement, and once the Indemnity Escrow Amount is depleted the Investor Indemnified Parties shall have no further right to recover from the Retained Owners for any indemnifiable Losses pursuant to Section 10.2(a); provided, however, the foregoing shall not apply to Losses arising out of or resulting from any inaccuracy in or breach of the Fundamental Representations; provided, further, to the extent any portion (the “Indemnifiable Portion”) of the Indemnity Escrow Amount is depleted in connection with an indemnification claim pursuant to (i) Section 10.2(a) and arising out of or resulting from any inaccuracy in or breach of the Fundamental Representations or (ii) Sections 10.2(b)-10.2(g), then the Investor Indemnified Parties shall be entitled to recover from the Retained Owners for any indemnifiable Losses arising out of or resulting from any inaccuracy in or breach of any representation or warranty other than Fundamental Representations, up to the amount of the Indemnifiable Portion, in the manner described in Section 10.5(g). For the avoidance of doubt, nothing in this Section 10.5(d) applies to indemnification obligations pursuant to Section 10.2(h), which is addressed in Section 10.5(g)(ii). Notwithstanding anything herein to the contrary, (i) any Losses that are DC REIT Indemnified Taxes and any Losses pursuant to Section 10.2(h) (such Losses, collectively, the “Aviator Investor Indemnifiable Losses”), in each case, that are recovered from the Indemnity Escrow Funds, shall only be recovered from the then-remaining Aviator Investor Indemnity Escrow Amount (and not from the Other Indemnity Escrow Amount) (but the foregoing shall not limit the right of the Investor Indemnified Parties to otherwise recover any such Losses from Aviator Investor under this Agreement), (ii) with respect to any Losses (other than Aviator Investor Indemnifiable Losses) recovered hereunder from the Indemnity Escrow Funds, such Losses shall first be recovered from the Other Indemnity Escrow Amount, and after the Other Indemnity Escrow Amount is fully depleted, such Losses shall thereafter be recovered from the Aviator Investor Indemnity Escrow Amount, and (iii) only Aviator Investor shall be liable for any Indemnifiable Portion attributable to any Aviator Investor Indemnifiable Losses previously recovered from the Aviator Investor Indemnity Escrow Amount, and otherwise recoverable pursuant to the last proviso of the first sentence of this Section 10.5(d). (e) After the Closing, the first $1,000,000 of Losses recoverable hereunder by an Investor Indemnified Party under Section 10.2(a) arising out of or resulting from any inaccuracy in or breach of the Fundamental Representations and Sections 10.2(b)-10.2(g) will be recovered first from the Indemnity Escrow Funds, until the Indemnity Escrow Funds have been distributed to the Retained Owners in accordance with the Escrow Agreement and Section 10.13 or have been exhausted, and thereafter the Investor Indemnified Parties shall be entitled to recover from the Retained Owners for any remaining portion of such Losses in the manner described in Section 10.5(g) (it being understood and acknowledged that for any such Losses in excess in of $1,000,000, the Investor Indemnified Parties shall be entitled to recover from the Retained Owners in the manner described in Section 10.5(g)). (f) Subject to the requirement set forth in Section 10.5(e), after the Closing any Losses recoverable hereunder by an Investor Indemnified Party under Section 10.2(a) arising out of or resulting from any inaccuracy in or breach of the Fundamental Representations and Sections 10.2(b)-10.2(g) will be recovered, at the sole election of the Investor Indemnified Party, from the Indemnity Escrow Funds, until such amounts have been distributed to the Retained Owners in accordance with the Escrow Agreement and Section 10.13 or have been exhausted, and/or in the manner described in Section 10.5(g). (i) Notwithstanding anything to the contrary set out herein, but subject to Section 10.5(j), the maximum amount of indemnifiable Losses that the Retained Owners shall be liable for after the Closing, or that may be recovered by the Investor Indemnified Parties from the Retained Owners, in the aggregate, pursuant to this Agreement after the Closing shall be limited to the Indemnity Escrow Funds and an amount recoverable as described below not to exceed $30,000,000.00 in the aggregate, and subject to the terms set forth in this Section 10.5 (excluding indemnification pursuant to Section 10.2(h), to which Section 10.5(g)(ii) shall apply). In the event of any outstanding Losses recoverable by an Investor Indemnified Party from the Retained Owners (or in the case of DC REIT Indemnified Taxes, solely from Aviator Investor) as contemplated in Sections 10.5(d), (e) and (f), the Investor Indemnified Party shall, to the extent not satisfied in cash by the Retained Owners or solely by Aviator Investor, as applicable (whether by way of distributions of Indemnity Escrow Funds in accordance with, and to the extent permitted by, the terms hereof and the Escrow Agreement, or directly), be entitled to receive, and shall receive, for (A) any Losses recoverable by the Investor Indemnified Parties under Sections 10.2(b), (c), (d) (other than DC REIT Indemnified Taxes) (e), (f) and (g), all distributions made by the applicable YieldCo or YieldCos in respect of any Equity Securities of any YieldCo or YieldCos held by any of the Retained Owners or any transferee thereof and (B) DC REIT Indemnified Taxes, all distributions made by YieldCo 1 in respect of any Equity Securities of YieldCo 1 held by Aviator Investor. For clarity, DC REIT Indemnified Taxes recoverable by the Investor Indemnified Parties under Section 10.2(d) shall be recoverable solely against Aviator Investor. (ii) Any Losses recoverable by the Investor Indemnified Parties under Section 10.2(h) shall be recoverable solely against Aviator Investor. To the extent not satisfied in cash by Aviator Investor, the Investor Indemnified Parties shall be entitled to receive, and shall receive, to the extent of such Losses, all distributions made by YieldCo 1 in respect of any Equity Securities of YieldCo 1 held by Aviator Investor. Notwithstanding anything in this Agreement to the contrary, the amount of any indemnification or contribution obligations under Parties acknowledge and agree that the recourse set forth in this Separation Agreement shall not be adjusted to take into account Section 10.5(g)(ii) constitutes the Tax treatment of the relevant Indemnitee Investors’ sole recourse with respect to indemnification pursuant to Section 10.2(h). (iii) For the avoidance of doubt, Aviator Investor shall be solely liable for any Losses attributable to DC REIT Indemnified Taxes and no other Retained Owner shall have any liability with respect to DC REIT Indemnified Taxes. (h) As solely among the Investors, each Investor agrees that upon any receipt of any payment with respect to any indemnification or contribution payment claim under this Article X, such Investor, if applicable, shall further transmit such payment, or the indemnified itemapplicable portion thereof, to the other Investors (or other applicable Investor Indemnified Party) to the extent the Losses resulting from or arising out of such indemnification claim were imposed upon, suffered or incurred by such other Person. (i) The maximum amount of indemnifiable Losses that the Investors shall be liable for after the Closing, or that may be recovered by the Vantage Indemnified Parties from the Investors, in the aggregate pursuant to this Agreement after the Closing shall be limited to $30,000,000.00. The maximum amount of indemnifiable Losses that the Investors shall be liable for, or that may be recovered by the Vantage Indemnified Parties from the Investors, in the aggregate pursuant to Section 10.3(a) shall be limited to $8,726,722.50; provided, however, the foregoing shall not apply to Losses arising out of or resulting from any inaccuracy in or breach of the Fundamental Representations. (j) No limitations set forth in this Article X, including this Section 10.5, will apply with respect to any claims relating to any fraud.

Certain Limitations. The Buyer Indemnified Party or Seller Indemnified Party, as applicable, making a claim for indemnification under this ARTICLE VII is referred to herein as the “Indemnified Party” and the Party against whom such claims are asserted under this ARTICLE VII is referred to as the “Indemnifying Party.” The indemnification provided for in this ARTICLE VII shall be subject to the following limitations and other provisions: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, Notwithstanding anything herein to the extent permitted by applicable Lawcontrary, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the aggregate amount of such payment or all Losses for which Seller shall be liable pursuant to Section 7.3(a) shall not exceed an amount equal to the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorPurchase Price. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from Any Indemnified Party that becomes aware of a third party in respect of an Indemnifiable Loss that is for which it seeks indemnification under this ARTICLE VII shall be required to use commercially reasonable efforts to mitigate the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (c) An insurer who would otherwise Losses of any Indemnified Party hereunder shall be obligated calculated after deducting the amount of any insurance proceeds and any indemnity, contribution or other similar Third Party recoveries actually received or reasonably expected to pay any claim shall not be relieved received by such Indemnified Party in respect of such Loss at or prior to the time of such calculation (net of the responsibility reasonable out of pocket costs and expenses associated with respect thereto orsuch recoveries and any associated increases in insurance premiums). The Indemnified Party shall use its commercially reasonable efforts to recover under insurance policies or indemnity, solely by virtue of the contribution or similar agreements for any Losses prior to seeking indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofunder this Agreement. (d) Losses of any Indemnified Party hereunder shall be determined net of (i) any Tax benefit actually realized as of the time of such determination as a result of sustaining such Losses, and (ii) the net present value, calculated as of the time of such determination, of Tax benefits reasonably expected to be derived as a result of sustaining such Losses. (e) All Losses shall be determined without duplication of recovery under any other provisions of this Agreement or any Related Agreement. Without limiting the generality of the foregoing, (i) if any fact, circumstance, condition, agreement or event forming a basis for a claim for indemnification under this ARTICLE VII shall overlap with any fact, circumstance, condition, agreement or event forming the basis of any other claim for indemnification under this ARTICLE VII, there shall be no duplication in the calculation of the amount of Losses, and (ii) neither Seller nor Buyer shall have any liability under this ARTICLE VII for Losses relating to matters to the extent included in the calculation of the Purchase Price Adjustment in accordance with Section 2.6 or the prorations made in accordance with Section 2.7 (other than the failure to pay or credit any amounts so included). (f) Notwithstanding anything to the contrarycontrary herein, Seller’s liability for indemnification of Excluded Environmental Liabilities pursuant to Section 7.3(c) (i) shall terminate on the amount fifth (5th) anniversary of the Closing Date, after which Seller shall have no further obligation to indemnify any Buyer Indemnified Party in respect of such Excluded Environmental Liabilities pursuant to Section 7.3(c); provided, that any such claims for indemnification or contribution in respect of Excluded Environmental Liabilities asserted in good faith by any Buyer Indemnified Party prior to the fifth (5th) anniversary of the Closing Date and not finally resolved prior to the fifth (5th) anniversary of the Closing Date shall survive until finally resolved, subject to the dollar limitations set forth in clause (ii) below, (ii) shall in no event exceed, in the aggregate, ten percent (10%) of the Purchase Price, and (iii) shall be subject to reduction to the extent such liability results from a violation by Buyer of its obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified itemSection 5.11.

Certain Limitations. The liability of the Stockholder or Buyer, as ------------------- applicable, for claims under this Agreement shall be limited by the following: (a) If One (1) year after the Closing Date, neither the Stockholders nor Buyer shall have any further obligations under this Section 10 or this Agreement or otherwise, except for Damages with respect to which a Buyer Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and has given the Indemnitee could have recovered all Stockholders, or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyStockholder Indemnitee has given Buyer, such Indemnitee shallas applicable, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated written notice prior to such Indemnitee’s rights against the Potential Contributordate. (b) If notwithstanding The amount of Damages otherwise recoverable under this Section 5.04 an 10 shall be reduced to the extent to which any Federal, state, local or foreign tax liabilities of the Stockholder Indemnitee receives an amount from a third party or the Buyer Indemnitee, as applicable, or any of their respective affiliates (including in the case of Buyer, the Company and its Subsidiaries once the Closing has occurred) is decreased by reason of any Damage in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all which such Stockholder Indemnitee or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant Buyer Indemnitee, as applicable, shall be entitled to indemnity under this Article V, the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable LossAgreement. (c) An insurer who would otherwise No Damages shall be obligated to pay any claim shall not be relieved of the responsibility recoverable by a Stockholder Indemnitee or Buyer Indemnitee with respect thereto orto any matter which is covered by insurance, solely by virtue to the extent proceeds of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer such insurance or any other third party shall be entitled indemnitor are paid net of any costs incurred in connection with the collection thereof and the Stockholder Indemnitee or the Buyer Indemnitee, as the case may be, hereby agree to a “wind-fall” (i.e. a benefit they would not be entitled exhaust its remedies against all applicable insurers or indemnitors prior to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofrecovering any amounts hereunder. (d) Notwithstanding anything Any payment required under this Section 10 paid to any Buyer Indemnitee or any Stockholder Indemnitee, as the case may be, shall be treated by Buyer and the Stockholder as a further adjustment of the Purchase Price for the Company Securities. (i) Except for Damages resulting from a breach of the representations and warranties contained in Sections 3.3, 4.1 and 4.2, no Damages shall be recoverable by a Stockholder Indemnitee or Buyer Indemnitee pursuant to the contraryprovisions of this Section 10, and no claim therefor shall be asserted for any purpose whatsoever hereunder, unless the aggregate amount of the Stockholder Indemnitees' or the Buyer Indemnitees', as the case may be, Damages equals at least $5,000,000 in the aggregate and then only to the extent such Damages exceed $5,000,000 in the aggregate. (ii) Except for Damages resulting from a breach of the representations and warranties contained in Sections 3.3, 4.1 and 4.2, Damages for breach of which are limited to the purchase price to be paid tothe applicable Stockholder Indemnitee, the aggregate amount of Damages recoverable pursuant to the provisions of this Section 10 by all the Buyer Indemnitees in the aggregate shall be limited to $10,000,000. (iii) Except for Damages resulting from a breach of the representations and warranties contained in Sections 3.3, 4.1 and 4.2, Damages for breach of which are limited to the purchase price to be paid to the applicable Stockholder Indemnitee, the amount of to be payable by any indemnification or contribution obligations under this Separation Agreement shall not be adjusted Stockholder Indemnitee to take into account the Tax treatment of the relevant Indemnitee with respect all Buyer Indemnitees pursuant to the provisions of this Section 10 shall in no event exceed such Stockholder Indemnitee's indemnification cap as set forth opposite such Stockholder Indemnitee's name in column 8 of Exhibit A --------- hereto. (f) No Damages shall be recoverable by any Buyer Indemnitee pursuant to the provisions of this Section 10, and no claim therefor shall be asserted for any purpose whatsoever hereunder, which arise out of facts, circumstances or contribution payment conditions which are disclosed in this Agreement or any Schedule or Exhibit hereto or of which any Buyer Indemnitee had knowledge on or before the indemnified itemClosing Date.

Certain Limitations. (a) If any Indemnitee receives any payment from an Indemnifying Party Notwithstanding anything to the contrary in respect this Article 10, (i) the indemnification obligations of any Indemnifiable each Seller for Losses and for indemnification claims pursuant to Section 10.02(a) shall not exceed such Seller’s Pro Rata Portion of the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party Indemnity Escrow Account (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Partyeach, such Indemnitee shallSeller’s “General Indemnity Cap”), and (ii) the indemnification obligations of each Indemnification Agreement Party for Losses for indemnification claims pursuant to Section 10.02(b) shall not exceed such Seller’s Indemnification Percentage of the extent permitted by applicable LawAdditional Indemnity Coverage Amount (each, assign such Seller’s “Excess Indemnity Cap”); provided, however, that none of its rights the foregoing limitations shall apply to proceed against the Potential Contributor as are necessary or otherwise limit any claims relating to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential ContributorFraud. (b) If Losses Net of Insurance Proceeds and Other Third Party Recoveries. (i) The amount of any Losses recoverable by the Buyer Indemnified Parties pursuant to Section 10.02 shall be calculated net of (A) any third party insurance proceeds (including under the R&W Policy but excluding the Excess Coverage Policy) actually received by the Buyer Indemnified Parties on account of such Losses, net of the aggregate amount of all costs and expenses (including reasonable attorneys’ fees and expenses) of recovery or collection, including any deductibles, retentions or similar costs or payments and any increases in premiums (collectively, “Recovery Costs”), and (B) any indemnification payments made by any third party to, and actually received by, the Buyer Indemnified Parties on account of such Losses, net of any Recovery Costs. Buyer shall use its commercially reasonable efforts to seek recovery under all third party insurance policies (including under the R&W Policy but not under the Excess Coverage Policy) covering any Losses to the same extent as they would if such Losses were not subject to indemnification hereunder (but, for the avoidance of doubt, only after the amount of any deductibles, retentions or similar costs have been satisfied and only to the extent such policies cover such Losses); provided, however, that, notwithstanding Section 5.04 anything to the contrary herein, (x) the Buyer Indemnified Parties shall not be required to seek recovery under the R&W Policy or the Excess Coverage Policy with respect to any claims for Losses relating to Fraud, and (y) the Buyer Indemnified Parties shall not be required to file or bring a lawsuit, arbitration or other action or Proceeding with respect to any insurance policy or third party. For the avoidance of doubt, notwithstanding anything to the contrary in this Agreement, the Buyer Indemnified Parties shall be entitled to seek indemnification under this Article 10 concurrently with seeking recovery from any third party insurance policies (including the R&W Policy and the Excess Coverage Policy) or other third party. In the event that an Indemnitee receives an amount from insurance recovery under a third party insurance policy is actually received by the Buyer Indemnified Parties with respect to any Losses for which the Buyer Indemnified Parties have been indemnified hereunder, then a refund shall be made to the applicable Sellers in respect of accordance with Section 10.04(b)(ii) by the Buyer Indemnified Parties in an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of amount equal to (such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article Vamount, the Indemnitee shall promptly remit to “Insurance Refund Amount”) the Indemnifying Party the excess (if any) lesser of (i) the aggregate amount paid of such insurance recovery actually received by the Indemnifying Party in respect Buyer Indemnified Parties, net of such Liabilityany Recovery Costs, plus the amount received from the Third Party in respect thereof, less and (ii) the full amount of the Indemnifiable Lossindemnification payment previously received by the Buyer Indemnified Parties pursuant to Section 10.02 with respect to such Losses. In the event that a third party indemnity payment is actually received by the Buyer Indemnified Parties with respect to any Losses for which the Buyer Indemnified Parties have been indemnified hereunder, then a refund shall be made to the applicable Sellers in accordance with Section 10.04(b)(ii) by the Buyer Indemnified Parties in an amount equal to (such amount, the “Indemnity Refund Amount” and, together with the Insurance Refund Amount, the “Refund Amounts”) the lesser of (i) the aggregate amount of such third party indemnity payment actually received by the Buyer Indemnified Parties, net of any Recovery Costs, and (ii) the amount of the indemnification payment previously received by the Buyer Indemnified Parties pursuant to Section 10.02 with respect to such Losses. (ii) In the event that any Refund Amount is payable pursuant to Section 10.04(b)(i), such Refund Amount shall be paid by the Buyer Indemnified Parties in accordance with the applicable Additional Consideration Allocation Schedule, with (A) the aggregate portion of the Refund Amount payable with respect to Units (including the Rollover Units but excluding the Excluded Units) to be deposited with the Paying Agent for further distribution by the Paying Agent to the applicable Unitholders and (B) the aggregate portion of the Refund Amount payable with respect to Vested Options to be deposited with the Surviving Company for further distribution by the Surviving Company to the applicable Optionholders, in each case of clauses (A) and (B), without interest and net of applicable tax withholdings. (c) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto or, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party No Buyer Indemnified Party shall be entitled to a “wind-fall” indemnification for any punitive or exemplary damages (i.e. a benefit they would not be entitled except to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofextent such punitive or exemplary damages are paid or payable to any third party). (d) Notwithstanding anything No Buyer Indemnified Party shall be entitled to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take Article 10 for any Losses (i) which have been included in the Closing Debt Amount, Closing Transaction Expenses, or Closing Working Capital and taken into account the Tax treatment calculation of the relevant Indemnitee Aggregate Closing Merger Consideration estimated and set forth in the Estimated Closing Statement, (ii) for which an adjustment was made to the Aggregate Closing Merger Consideration under Section 2.09 to the extent such Losses have already been paid to Buyer in accordance with Section 2.09, (iii) for Taxes (A) not attributable to a Pre-Closing Tax Period (other than Seller Taxes, any Taxes resulting from a breach of Sections 3.11(g), (h), (o), (q), (r), (s), (t), (u), (v), (w), (x), (y), (z), (aa), (bb) and (cc), and any interest and penalties imposed in Post-Closing Tax Periods with respect to Taxes for Pre-Closing Tax Periods), (B) with respect to the indemnification existence, amount, expiration date, limitations on, or contribution payment availability, in a Post-Closing Tax Period, of any Tax attribute (including methods of accounting) of any Acquired Company from a Pre-Closing Tax Period, (C) resulting from transactions by Buyer or the indemnified itemCompany on the Closing Date outside the ordinary course of business following the Closing that are not expressly contemplated by this Agreement, or (D) relating to S&U Taxes.

Certain Limitations. The party making a claim under this ARTICLE VIII is referred to as the “Indemnified Party”, and the party against whom such claims are asserted under this ARTICLE VIII is referred to as the “Indemnifying Party”. The indemnification obligations set forth in this ARTICLE VIII shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect Subject to the next two sentences, the sole source of any Indemnifiable Losses indemnification of Buyer pursuant to this ARTICLE VIII shall (after satisfying the Mini-Basket and the Indemnitee could have recovered all or a part of such Indemnifiable Loss Threshold, as and if applicable) be paid from a third party the Indemnity Escrow Account (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, and only to the extent permitted by applicable Lawof the Indemnity Escrow Amount and only to the extent such amount remains in the Indemnity Escrow Account). Notwithstanding the foregoing, assign but only to the extent such Losses involve a claim under Section 8.2(b) or a breach of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor a Fundamental Representation and exceed the amount of funds remaining in the Indemnity Escrow Account, Buyer may seek indemnification from Seller for such payment or Losses. Notwithstanding anything in this Agreement to the Indemnifying Party contrary, in no event shall otherwise be subrogated to such Indemnitee’s rights against recovery from Seller exceed the Potential ContributorPurchase Price. (b) If notwithstanding Seller shall not be liable to Buyer for indemnification under Section 5.04 an Indemnitee receives an 8.2(a) (other than with respect to breaches of Fundamental Representations or in the case of Seller’s Fraud) until the aggregate amount from a third party of all Losses in respect of indemnification thereunder exceeds [*] (the “Threshold”), in which event Seller shall be required to pay or be liable for Losses from the first dollar. No individual claim by Buyer shall be asserted under Section 8.2 unless and until the aggregate amount of Losses that would be payable pursuant to such claim (or series of related claims) exceeds an Indemnifiable Loss amount equal to [*] (the “Mini-Basket”) (it being understood that is any such individual claims (or series of related claims) for amounts less than the Mini-Basket shall be ignored in determining whether the Threshold has been exceeded and thereafter). Seller’s maximum liability hereunder for any indemnification claims under Section 8.2(a) (other than with respect to breaches of Fundamental Representations or in the case of Seller’s Fraud) shall not, when aggregated with all other indemnification obligations hereunder, exceed [*]. (c) Notwithstanding anything in this Agreement to the contrary, Buyer understands, acknowledges and agrees that Seller’s maximum liability hereunder for any indemnification claims under Section 8.2 shall not, when aggregated with all other indemnification obligations hereunder, exceed the Purchase Price. Solely for purposes of determining the amount of any Losses or whether any breach of representation and warranty has occurred that are the subject matter of indemnification hereunder after all a claim for indemnification, each representation and warranty in this Agreement will be read without regard and without giving effect to the term “material” or a portion of such Indemnifiable Loss has been paid “Material Adverse Effect”. (d) Payments by an Indemnifying Party pursuant to this Article VARTICLE VIII in respect of any Loss shall be limited to the amount of any Loss that remains after deducting therefrom any insurance proceeds and any indemnity, contribution or other payment or reimbursement received or reasonably expected to be received by the Indemnified Party (or the Acquired Companies) in respect of or in connection with any such Loss, less reasonable and documented deductions for costs incurred in, and premium increases directly arising from, obtaining such proceeds or recoveries. Each Indemnified Party shall seek full recovery under all insurance policies covering any Loss to the same extent it would if such Loss were not subject to indemnification hereunder, and each Indemnified Party shall use commercially reasonable efforts to recover under indemnity, contribution or other similar agreements, or collect other reimbursements, for any Losses prior to seeking indemnification under this Agreement. In the event that any such proceeds or recoveries are received by an Indemnified Party (or any of its Affiliates) with respect to any Losses after an Indemnifying Party has made a payment to an Indemnified Party with respect thereto, the Indemnitee Indemnified Party shall promptly remit pay to the Indemnifying Party the excess (if any) amount of (i) such proceeds or recoveries, less reasonable and documented deductions for direct costs incurred in obtaining such proceeds and recoveries, up to the amount paid by the Indemnifying Party in has paid with respect to such Losses. (e) Each Indemnified Party shall take, and cause its Affiliates to take, all commercially reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, give rise thereto, including incurring costs only to the minimum extent necessary to remedy the breach or set of facts that gives rise to such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Loss. (cf) An insurer who would otherwise be obligated to pay any claim Seller shall not be relieved liable under this ARTICLE VIII for any Losses (and the amount of any such Losses shall not be counted toward the Threshold or the Mini-Basket) to the extent that any such Loss (or applicable portion thereof) is caused or increased by an action or inaction by Buyer or any of its Affiliates (including the Acquired Companies) on or after the Closing Date, except for actions or inactions which Buyer and/or its Affiliates (including any Acquired Company) are required to take or otherwise refrain from under applicable Law. (g) Notwithstanding anything contained elsewhere in this Agreement, the specific amounts that are taken into account in the determination of the responsibility Final Closing Statement pursuant to ARTICLE II are subject solely to the adjustment provisions set forth in ARTICLE II and accordingly shall not be subject to any claim by any Indemnified Party for indemnification pursuant to this ARTICLE VIII. Further, the Indemnified Party shall not be entitled to more than one recovery with respect thereto orto the same Loss, solely by virtue so as to avoid duplication or “double counting” of the indemnification provisions hereofsame Loss. (h) Except with respect to Buyer’s recourse to the Indemnity Escrow Amount as a source of recovery for indemnifiable Losses pursuant to this ARTICLE VIII, the parties hereto agree that Buyer shall not have any subrogation rights to set-off any Loss it may have against any amount due to Seller. (i) If an Indemnified Party is entitled to indemnification under more than one clause or subclause of this Agreement with respect theretoto Losses, it being expressly understood and agreed that no insurer or any other third party then such Indemnified Party shall be entitled to only one indemnification or recovery for such Losses; it being understood that this Section 8.4(i) is solely to preclude a “wind-fall” (i.e. a benefit they would not be entitled to receive duplicate recovery by an Indemnified Party or recovery in the absence excess of the indemnification provisions) by virtue of the indemnification provisions hereofactual damages. (dj) Notwithstanding anything Neither Buyer nor any of its Affiliates shall take any action the purpose or intent of which is to prejudice the contrary, the amount defense of any claim subject to indemnification hereunder or contribution obligations under this Separation Agreement to induce a third party to assert a claim subject to indemnification hereunder. (k) Any indemnification for breach of representations set forth in Section 5.22 shall not be adjusted limited to take into account the Tax treatment of the relevant Indemnitee Losses incurred with respect to any taxable period (or portion thereof) ending on or before the indemnification or contribution payment or the indemnified itemClosing Date.

Certain Limitations. Notwithstanding anything to the contrary contained in this Agreement, the indemnification provided for in this Section 8 shall be subject to the following limitations: (a) If any Indemnitee receives any payment from an Indemnifying Party in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Party, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributor. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party in respect of an Indemnifiable Loss that is the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid Payments by an Indemnifying Party pursuant to this Article VSection 8 in respect of any Loss shall be limited to the amount of any liability or damage that remains after deducting therefrom any insurance proceeds actually received (including any proceeds received pursuant to the R&W Insurance Policy, net of any Taxes incurred on receipt of such proceeds and net of reasonable expenses incurred in the Indemnitee recovery of such proceeds) or any other recovery actually received (net of any Taxes incurred on receipt of such recovery and net of reasonable expenses incurred in the recovery) by the Indemnified Party in respect of any such claim. In any case where any Indemnified Party actually recovers under insurance policies or otherwise for any Losses for which it is seeking indemnification under this Agreement for any amount in respect of a matter for which such Indemnified Party was fully paid pursuant to this Section 8, such Indemnified Party shall promptly remit pay over to the Indemnifying Party the amount in excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossproceeds that the Indemnified Party would have been paid under this Section 8 if such recovery occurred prior to calculating the indemnity payment under this Section 8. (b) Each Indemnified Party shall take, and cause its Affiliates to take, all commercially reasonable steps to mitigate any Loss upon becoming aware of any event or circumstance that gives rise thereto. (c) An insurer who would otherwise be obligated If any Indemnified Party is entitled to pay any claim shall not be relieved indemnification or other recovery under more than one Section or subsection of the responsibility this Agreement with respect thereto orto Losses, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed that no insurer or any other third party then such Indemnified Party shall be entitled to a “wind-fall” (i.e. a benefit they would not be entitled only one indemnification or other recovery for such Losses to receive in the absence extent it arises out of the same set of circumstances and events; it being understood that the purpose of this Section 8.7(c) is solely to preclude a duplicate recovery by the Indemnified Parties and shall not limit any Indemnified Party’s right to elect (which election shall be at such Indemnified Party’s sole discretion) from which of such Sections or subsections to seek indemnification provisions) by virtue of the indemnification provisions hereofor other recovery. (d) The Parties acknowledge and agree that their sole and exclusive remedy with respect to any and all claims (other than claims arising from intentional fraud, criminal activity or willful misconduct on the part of a Party hereto in connection with the transactions contemplated by this Agreement) for any breach or inaccuracy of any representation or warranty in this Agreement or any Transaction Documents shall be pursuant to the provisions set forth in this Section 8. In furtherance of the foregoing, each party hereby waives, to the fullest extent permitted under Law, any and all rights, claims and causes of action for any breach of any representation or warranty set forth in this Agreement or the Transaction Documents it may have against the other parties hereto and their Affiliates and each of their respective Representatives arising under or based upon any Law, except pursuant to the provisions set forth in this Section 8 (other than claims arising from intentional fraud, criminal activity or willful misconduct on the part of a Party hereto in connection with the transactions contemplated by this Agreement). - 51 - Nothing in this Section 8.7(d) shall limit any Person’s right to seek and obtain any equitable relief to which any Person shall be entitled or to seek any remedy on account of any intentional fraud or any criminal or willful misconduct by any party hereto. The indemnification afforded by the provisions of this Section 8 shall be available regardless of whether any Person (including the Person from whom indemnification is sought) alleges or proves the sole, concurrent, comparative, contributory, or other negligence of any other party, including the party seeking indemnification; the sole, concurrent, or other strict liability of the party seeking indemnification; or, in the case of the Surviving Corporation (or any of its subsidiaries) as Buyer Indemnified Party, the Surviving Corporation’s (or its subsidiaries’) actual or alleged primary culpability, wrongdoing, or responsibility. Notwithstanding anything to the contrarycontrary in this Section 8.7(d), the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take Selling Shareholders acknowledge that they have entered into account the Tax treatment that certain Contribution Agreement, dated as of the relevant Indemnitee with respect date hereof, by and among the Selling Shareholders, and each Selling Shareholder agrees to be bound by the indemnification or contribution payment or the indemnified itemterms and conditions of such Contribution Agreement.

Certain Limitations. The indemnification provided for in Section 7.1(b) shall be subject to the following limitations: (ai) If Payments and setoffs by any Indemnitee receives any payment from Party pursuant to Section 7.1(b) to the applicable Indemnified Party (such paying Party, an “Indemnifying Party Party”) in respect of any Indemnifiable Loss incurred by such Indemnified Party shall be limited to the amount of any Losses that remain after deducting therefrom any insurance proceeds actually received on account of policies in effect prior to the Closing Date net of deductibles or increase in premiums. (ii) Each Indemnified Party shall take, and the Indemnitee could have recovered cause its Affiliates to take, all steps required under Delaware law to mitigate any Loss upon becoming aware of any event or circumstance that would be reasonably expected to, or does, result in a part of such Indemnifiable Loss from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying PartyLoss, such Indemnitee shall, including incurring costs to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such satisfy the requirements of Delaware law. (iii) In no event shall any Indemnifying Party be liable to recover from any Indemnified Party for any punitive or exemplary damages. (iv) The Sellers shall not be obligated to indemnify any Purchaser Indemnified Party with respect to any Loss to the Potential Contributor extent that a specific accrual or reserve for the amount of such payment Loss was reflected on the Financial Statements or the Indemnifying Party shall otherwise be subrogated to such Indemnitee’s rights against the Potential Contributornotes thereto or is listed on Exhibit I, Schedule 2.2(b) or Schedule 4.3(g). (bv) If notwithstanding The Sellers shall not be obligated to indemnify any Purchaser Indemnified Parties with respect to any Loss to the extent that the Purchaser or Purchaser’s Parent received a benefit from the reflection of such matter in the calculation of the Adjusted Purchase Price, pursuant to Section 5.04 an Indemnitee receives an amount from a third party 2.1 of this Agreement, and in respect such case Sellers shall be liable for that portion of an Indemnifiable the Loss that is exceeds the subject of indemnification hereunder after all amount by which Purchaser or Purchaser’s Parent received a portion benefit from the reflection of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article V, matter in the Indemnitee shall promptly remit to the Indemnifying Party the excess (if any) of (i) the amount paid by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount calculation of the Indemnifiable LossAdjusted Purchase Price. (cvi) An insurer who would otherwise The Parties will not be obligated to pay any claim shall not be relieved amounts for indemnification for any Losses until the aggregate amount of all Losses incurred by such Party exceeds the sum of One Hundred Fifty Thousand Dollars (US $150,000.00) (the “Basket” or “Deductible”), whereupon Sellers, jointly and severally, or Purchaser and Purchaser’s Parent, jointly and severally, will pay in full such Losses in excess of the responsibility with respect thereto or, solely by virtue Basket. The indemnification obligations of the indemnification provisions hereofSellers, have any subrogation rights with respect theretoon the one hand, it being expressly understood and agreed that no insurer or any the Purchaser and Purchaser’s Parent, on the other third party shall hand, will be entitled subject to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence an aggregate cap of 15% of the indemnification provisionsPurchase Price (the “Indemnification Cap”); provided, however, (x) by virtue Sellers will be obligated to pay all Losses arising out of the indemnification provisions hereof. (d) Notwithstanding anything Special Indemnities without regard to the contraryBasket or Indemnification Cap and (y) Purchaser and Purchaser’s parent, the amount jointly and severally, will be obligated to pay all Losses arising out of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect Special Indemnities without regard to the indemnification or contribution payment Basket or the indemnified itemIndemnification Cap.

Certain Limitations. (a) If The amount of the Losses suffered by an Indemnified Party shall be net of any Indemnitee receives any insurance payment from an Indemnifying Party or recovery which such party or its representatives realizes in respect of any Indemnifiable Losses and the Indemnitee could have recovered all or as a part result of such Indemnifiable Loss Losses or the facts or circumstances relating thereto. If any Losses for which indemnification is provided hereunder or subsequently reduced by any such insurance payment or other recovery from a third party (a “Potential Contributor”) based on the underlying claim or demand asserted against such Indemnifying Partyparty, such Indemnitee shall, to the extent permitted by applicable Law, assign such of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor the amount of such payment reduction shall be remitted to the indemnifying party. If, after the Closing, either party realizes any Losses for which it is indemnified by the other party hereunder, such indemnified party shall use its reasonable efforts to obtain the maximum recovery or other benefit reasonably believed by it to be available to it under any applicable insurance policy. An indemnified party shall furnish to the Indemnifying Party indemnifying party, on demand, a certificate of its chief financial officer verifying the amount of any such insurance recovery or other benefit. Notwithstanding any other provision of this Agreement to the contrary, in no event shall otherwise a party be subrogated entitled to indemnification for such Indemniteeparty’s rights against consequential or punitive damages, regardless of the Potential Contributortheory of recovery. Each party hereto agrees to use reasonable efforts to mitigate any Losses which form the basis for any claim for indemnification hereunder. (b) If notwithstanding Section 5.04 an Indemnitee receives an amount from a third party Anything contained in respect of an Indemnifiable Loss that is this Agreement to the subject of indemnification hereunder after all or a portion of such Indemnifiable Loss has been paid by an Indemnifying Party pursuant to this Article Vcontrary notwithstanding, the Indemnitee e-Synergies Parties' total liability for any and all Losses incurred by e2 shareholders arising out of or resulting from any breach of its representations and warranties contained in this Agreement or in any exhibit hereto shall promptly remit to the Indemnifying Party the excess (if any) of not exceed $1,000,000. Any such liability shall be satisfied, at e-Synergies sole and absolute discretion, by (i) the payment of cash to the e2 shareholders of the amount paid of Losses suffered by the Indemnifying Party in respect of such Liability, plus the amount received from the Third Party in respect thereof, less e2 shareholders up to $1,000,000 or (ii) the full amount issuance to e2 shareholders of such number of shares of Common Stock of e-Synergies equal to the value of the Indemnifiable Loss. (c) An insurer who would otherwise Losses suffered by the e2 shareholders up to $1,000,000, which e-Synergies Common Stock shall be obligated valued on the date of such issuance, in either such case, pro rata to pay any claim shall not be relieved the e2 shareholders in accordance with their percentage interest in e2 as of the responsibility with respect thereto orClosing Date. For purposes of clarification, solely by virtue of the indemnification provisions hereof, have any subrogation rights with respect thereto, it being expressly understood and agreed preceding sentence shall mean that no insurer e2 shareholder shall receive cash or any other third party shares of e-Synergies Common Stock having a value in excess of such shareholders' pro rata share of up to $1,000,000. Any such shares issued pursuant to this Section 9.4(b) shall be entitled included in any Registration Statement filed pursuant to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence of the indemnification provisions) by virtue of the indemnification provisions hereofSection 5.4. (d) Notwithstanding anything to the contrary, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax treatment of the relevant Indemnitee with respect to the indemnification or contribution payment or the indemnified item.

Certain Limitations. (ai) If Except as otherwise provided herein, an Indemnified Party may not make any Indemnitee receives claim for indemnification for Losses in excess of the Cap resulting from the breach or violation of, or inaccuracy in, any payment from representation or warranty contained in this Agreement (or contained, incorporated or referred to in any certificate delivered in connection therewith), and, further, an Indemnifying Indemnified Party in respect of may not make any Indemnifiable claim for indemnification for any breach or violation of, or inaccuracy in, any representation or warranty unless and until the aggregate Losses and paid, incurred, sustained and/or accrued (or anticipated or be paid, incurred, sustained and/or accrued) exceed two hundred fifty thousand dollars ($250,000) (the Indemnitee could have recovered all or a part of such Indemnifiable Loss from a third party (a “Potential ContributorThreshold Amount”) based on (at which time claims may be made and indemnifiable Losses shall be determined without regard to, and without deducting or subtracting, the underlying claim Threshold Amount). For purposes of this Article 7, all materiality and Business Material Adverse Effect qualifications in the representations and warranties contained in Article 2 or demand asserted against such Indemnifying Partycontained, such Indemnitee shall, incorporated or referred to in the extent permitted by applicable Law, assign such certificate related thereto delivered pursuant to Section 6.3(c) shall be disregarded for purposes of its rights to proceed against the Potential Contributor as are necessary to permit such Indemnifying Party to recover from the Potential Contributor calculating the amount of such payment Losses, but shall not be disregarded for purposes of determining whether a breach of any representation or warranty contained in Article 2 (or contained, incorporated or referred to in the certificate delivered pursuant to Section 6.3(c)) has occurred. Neither the Cap nor the Threshold Amount shall apply to claims for indemnification (A) by an Indemnified Party for Losses resulting from fraud or willful breach by the Indemnifying Party or any Person who is or was a director, officer, Affiliate or stockholder of the Indemnifying Party in [****] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. Confidential treatment has been requested with respect to the omitted portions. connection with this Agreement or any of the Ancillary Agreements or any certificate, agreement or instrument delivered in connection herewith or therewith, (B) by Purchaser for Losses resulting from any of the Excluded Assets or Retained Liabilities (in the case of indemnification claims by Purchaser related thereto), (C) by Seller for Losses resulting from any of the Assumed Liabilities (in the case of indemnification claims by Seller related thereto), (D) by Purchaser for any Losses for which Purchaser or any other Purchaser Indemnitee is entitled to indemnification pursuant to Sections 1.8, 5.5, 5.6 or 5.7, (D) by Purchaser for Losses resulting from any Excepted Matter or (F) by Purchaser for Losses resulting from any of the matters referred to in Schedule 7.2(b)(iv), any and all of which shall otherwise be subrogated recoverable by the applicable Indemnified Party without respect to such Indemnitee’s rights against the Potential ContributorCap or the Threshold Amount (other than Item 5 under Part II of Schedule 7.2(b)(iv), which shall be subject to the Cap but not the Threshold). (bii) If notwithstanding In the event of any conflict between the indemnification provisions of this Agreement, on the one hand, and the provisions of the Transition Services Agreement or the related statements of work attached thereto, on the other hand, the provisions of the Transition Services Agreement and the applicable statement of work shall control, but solely with respect to the indemnification for obligations expressly and exclusively established by the Transition Services Agreement and related statements of work attached thereto and not with respect to any other matter or obligation (as to each of which this Agreement shall govern, control and prevail). (iii) For Losses that are not subject to the Cap and are not for Excepted Matters as defined in Section 5.04 an Indemnitee receives an amount from a third party in respect 7.2(c)(v), the maximum respective liability of an Indemnifiable each of Seller and Purchaser under this Article 7 shall be equal to the Purchase Price. (iv) To the extent that any Loss that is the subject of a claim for indemnification hereunder under this Article 7 is compensated by insurance proceeds paid to an Indemnified Party, such Indemnified Party shall be entitled to indemnification pursuant to this Article 7 only with respect to the amount of Losses that are in excess of the cash proceeds received by such Indemnified Party pursuant to such insurance, after all or deducting therefrom the expenses incurred by such Indemnified Party in obtaining such proceeds and the amount of any increase in premiums payable by such Indemnified Party as a portion result of the claims made against such Indemnifiable Loss has been paid insurance in relation to such matter (“Net Insurance Proceeds”). If such Indemnified Party receives such cash insurance proceeds prior to the time such claim is paid, then the amount payable by an the Indemnifying Party pursuant to this Article V, the Indemnitee such claim shall promptly remit to the Indemnifying Party the excess (if any) of (i) be reduced by the amount of such Net Insurance Proceeds. If such Indemnified Party receives such cash insurance proceeds after such claim is paid, then upon receipt by such Indemnified Party of any cash proceeds pursuant to such insurance with respect to such claim, such Indemnified Party shall repay any portion of such Net Insurance Proceeds which was previously paid by the Indemnifying Party to such the Indemnified Party in respect satisfaction of such Liability, plus the amount received from the Third Party in respect thereof, less (ii) the full amount of the Indemnifiable Lossclaim. (cv) An insurer who would otherwise be obligated to pay any claim shall not be relieved of the responsibility with respect thereto orAbsent fraud or intentional misrepresentation, solely by virtue of and other than for Excepted Matters (as defined below), the indemnification provisions hereofcontained in this Article 7 are intended to provide the sole and exclusive remedy following the Closing as to all Losses any Indemnified Party may incur arising from or relating to breaches and violations of, have any subrogation rights and [****] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with respect thereto, it being expressly understood the Securities and agreed that no insurer or any other third party shall be entitled Exchange Commission pursuant to a “wind-fall” (i.e. a benefit they would not be entitled to receive in the absence Rule 24b-2 of the indemnification provisions) by virtue Securities Exchange Act of the indemnification provisions hereof. (d) Notwithstanding anything to the contrary1934, the amount of any indemnification or contribution obligations under this Separation Agreement shall not be adjusted to take into account the Tax as amended. Confidential treatment of the relevant Indemnitee has been requested with respect to the indemnification omitted portions. inaccuracies in, the representations and warranties of the Indemnifying Party in this Agreement; provided, that nothing in this Section 7.2(c) or contribution payment elsewhere in this Agreement shall affect the parties’ rights to specific performance or other equitable remedies with respect to the indemnified itemcovenants and agreements in this Agreement, the Intellectual Property License Agreements or any of the other Ancillary Agreements or that are to be performed at or after the Closing, and nothing in this Section 7.2(c) or elsewhere in this Agreement shall be construed to limit Seller’s responsibilities, obligations or liabilities in respect of the Retained Liabilities or Excluded Assets, or Purchaser’s responsibilities, obligations and liabilities in respect of Assumed Liabilities, or either Party’s responsibilities, obligations and liabilities in respect of its respective covenants, agreements and obligations (whether in this Agreement, in the Intellectual Property License Agreements or in the Transition Services Agreement (except, in the case of the Transition Services Agreement, as set forth in Section 7.2(c)(ii))) to be performed at or after the Closing (each an “Excepted Matter” and collectively, the “Excepted Matters”).