Agent Indemnity. Agent agrees during and after the term of this Agreement to indemnify and hold harmless Principal form liability, loss, cost or damage (including reasonable attorney’s fees), which Principal may incur as a result of claims, demands or judgements, or any kind or nature, by anyone whosoever, arising out of or resulting from the marketing of the Products by Agent (except to the extent Principal has indemnified Agent against such claims, demands or judgments pursuant to Section 10.1 hereof). Notwithstanding the foregoing, in the event Agent shall have requested Principal to take disciplinary actions against an Authorized Distributors operating in the Territory and Principal shall have failed to take such actions against such Authorized Distributors, Agent shall not be obligated to indemnify Principal for any loss that Principal might incur as a reasonable and proximate result of such failure.
Appears in 4 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
