Indemnification Escrow Agreement. A counterpart of the Indemnification Escrow Agreement executed by Buyer;
Indemnification Escrow Agreement. The Indemnification Escrow Agreement shall have been executed and delivered and shall be in full force and effect.
Indemnification Escrow Agreement. A duly executed Indemnification -------------------------------- Escrow Agreement, substantially in the form of Exhibit A hereto;
Indemnification Escrow Agreement. Pursuant to Article XII hereof, the stockholders of the Company shall indemnify and hold the Acquiror and the Surviving Corporation harmless from and against certain Indemnified Losses (as hereinafter defined). On or prior to Closing, Acquiror, an escrow agent (the "Escrow Agent") mutually agreed upon by Acquiror and the Company, and the Company, on behalf of its stockholders, shall enter into an Indemnification Escrow Agreement in substantially the form of Exhibit 3.5 attached hereto (as the same may be modified pursuant to mutual agreement of the parties hereto prior to the Closing, the "Indemnification Escrow Agreement"). Notwithstanding any other provision in this Agreement to the contrary (a) in order to secure the general indemnification obligations to the Acquiror Indemnified Parties (as hereinafter defined) under this Agreement, other than with respect to any Special Indemnified Losses (as hereinafter defined), a certificate evidencing ten percent (10%) of the shares of Acquiror Common Stock which would otherwise be delivered to the stockholders of the Company at Closing pursuant to Section 3.3 hereof (collectively, the "General Escrowed Shares") shall be registered in the name of the Escrow Agent, as nominee for the stockholders of the Company, and ten percent (10%) of the aggregate amount of cash which would otherwise be delivered to the stockholders of the Company pursuant to Section 3.3 hereof (the "General Escrowed Cash") shall instead be deposited into and held in escrow (the "General Escrow Fund") pursuant to the terms of the Indemnification Escrow Agreement and (b) in order to secure the indemnification obligations to the Acquiror Indemnified Parties under this Agreement solely with respect to any Special Indemnified Losses, a certificate evidencing 307,617 shares of Acquiror Common Stock which would otherwise be delivered to the stockholders of the Company pursuant to Section 3.3 hereof (collectively, the "Special Escrowed Shares") shall be registered in the name of the Escrow Agent, as nominee for the stockholders of the Company, and an aggregate amount of cash equal to $700,800 which would otherwise be delivered to the stockholders of the Company pursuant to Section 3.3 hereof (the "Special Escrowed Cash"), shall instead be deposited into and held in escrow (the "Special Escrow Fund"), separate from the General Escrow Fund, pursuant to the terms of the Indemnification Escrow Agreement. Acquiror is hereby directed by the Company, on behal...
Indemnification Escrow Agreement. Each Seller and the Escrow Agent shall have duly executed and delivered to Purchaser a counterpart of the Indemnification Escrow Agreement.
Indemnification Escrow Agreement. The Buyer shall have duly executed and delivered the Indemnification Escrow Agreement.
Indemnification Escrow Agreement. Section 3.7 of the Merger Agreement is hereby amended and restated in its entirety as follows:
Indemnification Escrow Agreement. Subject to the terms and conditions of Section 6 – Indemnification set forth below, the Company shall enter into an Indemnification Escrow Agreement (the “IEA”) with the Underwriter upon the Effective Date. The IEA shall provide for the Company to deposit three hundred thousand ($300,000) dollars from the proceeds of the Offering with the Underwriter’s counsel for purposes of satisfaction of its indemnification provisions by the Company of the Underwriter for a period of eighteen (18) months from the Closing.
Indemnification Escrow Agreement. The Indemnification Escrow Agreement attached hereto as Exhibit C shall have been duly executed and delivered by all of the parties thereto (other than Autobytel).
Indemnification Escrow Agreement. On or before the date of this Agreement, the Company and the Representative shall have entered into an Indemnification Escrow Agreement, in a form satisfactory to the Representative, with a mutually appointed escrow agent.
