Common use of Other Indemnification Provisions Clause in Contracts

Other Indemnification Provisions. The Seller hereby indemnifies the Company against any and all claims that may be filed by a current or former officer, director or employee of the Seller by reason of the fact that such person was a director, officer, employee, or agent of the Company or was serving the Company at the request of the Seller or the Company as a partner, trustee, director, officer, employee, or agent of another entity, whether such claim is for accrued salary, compensation, indemnification, judgments, damages, penalties, fines, costs, amounts paid in settlement, losses, expenses, or otherwise and whether such claim is pursuant to any statute, charter document, bylaw, agreement, or otherwise) with respect to any action, suit, proceeding, complaint, claim, or demand brought against the Company (whether such action, suit, proceeding, complaint, claim, or demand is pursuant to an agreement, applicable law, or otherwise).

Appears in 11 contracts

Samples: Stock Purchase Agreement (TradeOn Inc.), Stock Purchase Agreement (Smi Products Inc), Stock Purchase Agreement (Applied Medical Devices Inc)

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Other Indemnification Provisions. The Seller hereby indemnifies the Company Corporation against any and all claims that may be filed by a current or former officer, director or employee of the Seller by reason of the fact that such person was a director, officer, employee, or agent of the Company Corporation or was serving the Company Corporation at the request of the Seller or the Company Corporation as a partner, trustee, director, officer, employee, or agent of another entity, whether such claim is for accrued salary, compensation, indemnification, judgments, damages, penalties, fines, costs, amounts paid in settlement, losses, expenses, or otherwise and whether such claim is pursuant to any statute, charter document, bylaw, agreement, or otherwise) with respect to any action, suit, proceeding, complaint, claim, or demand brought against the Company Corporation (whether such action, suit, proceeding, complaint, claim, or demand is pursuant to an agreement, applicable law, or otherwise).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Laurier International Inc), Stock Purchase Agreement (Yacht Finders, Inc.), Stock Purchase Agreement (Laurier International Inc)

Other Indemnification Provisions. The Seller hereby indemnifies the Company HOC against any and all claims that may be filed by a current or former officer, director or employee of the Seller or HOC by reason of the fact that such person was a director, officer, employee, or agent of the Company HOC or was serving the Company HOC at the request of the Seller or the Company HOC as a partner, trustee, director, officer, employee, or agent of another entity, whether such claim is for accrued salary, compensation, indemnification, judgments, damages, penalties, fines, costs, amounts paid in settlement, losses, expenses, or otherwise and whether such claim is pursuant to any statute, charter document, bylaw, agreement, or otherwise) with respect to any action, suit, proceeding, complaint, claim, or demand brought against the Company HOC (whether such action, suit, proceeding, complaint, claim, or demand is pursuant to an agreement, applicable law, or otherwise).

Appears in 2 contracts

Samples: Share Purchase Agreement (Houston Operating Co), Share Purchase Agreement (LittlehamptonInvestments LLC)

Other Indemnification Provisions. The Seller hereby indemnifies the Company Purchasers against any and all claims that may be filed by a current or former officer, director or employee of the Seller by reason of the fact that such person was a director, officer, employee, or agent of the Company or was serving the Company at the request of the Seller or the Company as a partner, trustee, director, officer, employee, or agent of another entity, whether such claim is for accrued salary, compensation, indemnification, judgments, damages, penalties, fines, costs, amounts paid in settlement, losses, expenses, or otherwise and whether such claim is pursuant to any statute, charter document, bylaw, agreement, or otherwise) with respect to any action, suit, proceeding, complaint, claim, or demand brought against the Company (whether such action, suit, proceeding, complaint, claim, or demand is pursuant to an agreement, applicable law, or otherwise).

Appears in 1 contract

Samples: Securities Purchase Agreement (Equicap Inc)

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Other Indemnification Provisions. The Sellers and Seller Representative hereby indemnifies indemnify the Company against any and all claims that may be filed by a current or former officer, director or employee of the Seller Sellers by reason of the fact that such person was a director, officer, employee, or agent of the Company or was serving the Company at the request of the Seller Sellers or the Company as a partner, trustee, director, officer, employee, or agent of another entity, whether such claim is for accrued salary, compensation, indemnification, judgments, damages, penalties, fines, costs, amounts paid in settlement, losses, expenses, or otherwise and whether such claim is pursuant to any statute, charter document, bylaw, agreement, or otherwise) with respect to any action, suit, proceeding, complaint, claim, or demand brought against the Company (whether such action, suit, proceeding, complaint, claim, or demand is pursuant to an agreement, applicable law, or otherwise). The Sellers and/or Seller Representative shall have the right to defend any such claims referred to above.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synthenol Inc)

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