Common use of Exemption and Compensation Clause in Contracts

Exemption and Compensation. 4.1 The Parties acknowledge that the Trustees shall not be requested to be liable for or compensate (monetary or otherwise) other Parties or any third party due to exercise of Entrusted Rights by the Trustees designated by the Shareholders under this Agreement.

Appears in 4 contracts

Samples: Shareholders’ Voting Rights Proxy Agreement (Qilian International Holding Group LTD), Shareholders’ Voting Rights Proxy Agreement (Qilian International Holding Group LTD), Shareholders’ Voting Rights Proxy Agreement (Leaping Group Co., Ltd.)

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Exemption and Compensation. 4.1 The Parties acknowledge that the Trustees shall not be requested to be liable for or compensate (monetary or otherwise) other Parties Party or any third party due to exercise of Entrusted Rights by the Trustees designated by the Shareholders Operator under this Agreement.

Appears in 4 contracts

Samples: Operating Rights Proxy Agreement (Chanson International Holding), Operating Rights Proxy Agreement (Chanson International Holding), Operating Rights Proxy Agreement (Chanson International Holding)

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