{"component": "clause", "props": {"groups": [{"samples": [{"hash": "gGerzrrrHAB", "uri": "/contracts/gGerzrrrHAB#do-tail-policy", "label": "Stock Purchase Agreement (Exodus Movement, Inc.)", "score": 36.8987007141, "published": true}, {"hash": "5DGqtvwhF1T", "uri": "/contracts/5DGqtvwhF1T#do-tail-policy", "label": "Stock Purchase Agreement (Exodus Movement, Inc.)", "score": 36.8959617615, "published": true}], "size": 4, "snippet": "(a) The Company agrees and acknowledges that (i) prior to the Closing, the Company shall obtain for the benefit of the Company\u2019s pre-Closing directors and officers a so-called \u201ctail\u201d policy (the \u201cD&O Tail\u201d XE \" QUOTE 0X201C \u201cD&O Tail QUOTE 0X201D \u201d\" \\t \u201c\u200eSection 6.9(a)\" ) for the six (6)-year period following the Closing Date covering acts or omissions occurring on or before the Closing with respect to those Persons who are currently covered by the Company\u2019s directors\u2019 and officers\u2019 liability insurance policies (the \u201cCompany Indemnified Persons\u201d XE \" QUOTE 0X201C \u201cCompany Indemnified Persons QUOTE 0X201D \u201d\" \\t \u201c\u200eSection 6.9(a)\" ), on terms with respect to such coverage and amounts at least as favorable to such Persons as those of such policies in effect on the date hereof and (ii) the costs and expenses of the D&O Tail shall be a Transaction Expense.\n(b) For six (6) years following the Closing, Buyer will, and will cause the Company and its Subsidiaries to, (i) maintain the D&O Tail in full force and effect and continue to honor the obligations thereunder and (ii) not amend the rights to exculpation, indemnification and advancement of expenses now existing in their respective certificate of incorporation or bylaws or similar organizational documents in a manner materially adverse to the Company Indemnified Persons; provided, that, notwithstanding the foregoing, Buyer shall be entitled to cause the Company or any of its Subsidiaries to amend their respective organizational documents to provide that a Company Indemnified Person shall not be entitled to advancement, indemnification or exculpation for any claim made pursuant to \u200eArticle VIII or any Ancillary Agreement, except to the extent of amounts actually recovered by the Company under the D&O Tail in connection with any such claim (net of any collection costs, premium increases, retention amounts or self-insured amounts incurred in connection with such recovery).\n(c) Notwithstanding anything herein to the contrary, no Company Indemnified Persons shall be entitled to make any claim for indemnification, advancement of expenses, exculpation or contribution from Buyer or any of its Affiliates or, after the Closing, the Company or any of its Subsidiaries under the applicable organizational documents or any indemnification agreement, arrangement or other understanding, arising out of a claim made pursuant to \u200eArticle VIII or any Ancillary Agreement. 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