Common use of Brokerage and Transaction Bonuses Clause in Contracts

Brokerage and Transaction Bonuses. There are no claims for brokerage commissions, finders’ fees or similar compensation in connection with the transactions contemplated by this Agreement based on any arrangement or agreement binding upon the Stockholder. The Stockholder shall pay, and hold the Company, the Purchaser and its Affiliates harmless against, any liability, loss or expense (including reasonable attorneys’ fees and out of pocket expenses) arising in connection with any such claim, brokerage commission, finders’ fee or special bonus or other similar compensation.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Sorrento Therapeutics, Inc.)

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Brokerage and Transaction Bonuses. There are no claims for brokerage commissions, finders’ fees or similar compensation in connection with the transactions contemplated by this Agreement based on any arrangement or agreement binding upon the StockholderCompany. The Stockholder Members shall pay, and hold the Company, the Purchaser and its Affiliates harmless against, any liability, loss or expense (including reasonable attorneys’ fees and out of pocket expenses) arising in connection with any such claim, brokerage commission, finders’ fee or special bonus or other similar compensation.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Sorrento Therapeutics, Inc.)

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Brokerage and Transaction Bonuses. There are no claims for brokerage commissions, finders’ fees or similar compensation payable by the Company in connection with the transactions contemplated by this Agreement based on any arrangement or agreement binding upon the StockholderCompany or any Shareholder. The Stockholder shall pay, and hold There are no special bonuses or other similar compensation payable by the Company, Company to any Employee or other Person previously or currently engaged by the Purchaser and its Affiliates harmless against, any liability, loss or expense (including reasonable attorneys’ fees and out of pocket expenses) arising Company in connection with any such claim, brokerage commission, finders’ fee or special bonus or other similar compensationthe transactions contemplated by this Agreement and the Shareholder Related Agreements.

Appears in 1 contract

Samples: Share Purchase Agreement (Sorrento Therapeutics, Inc.)

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