Common use of IP Indemnification Clause in Contracts

IP Indemnification. Except as may be set forth in the Contracts listed in the Synergy Disclosure Schedule, none of Synergy or any of its Subsidiaries is bound by any Contract to indemnify, defend, hold harmless, or reimburse any other person with respect to any Intellectual Property infringement, misappropriation, or similar claim. None of Synergy or any of its Subsidiaries has ever assumed, or agreed to discharge or otherwise take responsibility for, any existing or potential liability of another person for infringement, misappropriation, or violation of any Intellectual Property right.