Common use of Indemnification of Global Clause in Contracts

Indemnification of Global. In partial consideration for the assignment of such stock and claims in and against the Corporations to WMI, WMI hereby agrees to indemnify and hold Global and its officers, directors, employees and subsidiaries harmless against any and all such claims or liabilities asserted against Global, including any attorney's fees incurred as a result of such claims or liabilities, arising out of the operation of, or related to, the Corporations whenever incurred, including any liability to vendors, lessors, taxing authorities, or lenders to the Corporations.