Common use of Exemption and Indemnification Clause in Contracts

Exemption and Indemnification. 4.1 The Parties acknowledge that in no event shall the WFOE be liable to or be required to compensate financially or in any other aspect, any other party or any third party for any exercise of the Entrusted Rights by the person designated by the WFOE. 4.2 Each of Shareholders and the Company agree to hold the WFOE harmless and compensate the WFOE for all losses suffered or likely to suffered in connection with designating the Trustee to exercise the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or claim initiated by any third party, and any loss resulting from administrative investigation or penalty by governmental authorities. Nevertheless, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee shall not be indemnified.

Exemption and Indemnification. 4.1 The Parties acknowledge that in no event shall the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Party hereto or any third party for any as a result of the exercise of the Entrusted Rights hereunder by the person individual who is designated by the WFOE. 4.2 Each of Shareholders The Company and the Company Shareholders agree to indemnify and hold harmless the WFOE harmless and compensate the WFOE for against all losses suffered which it suffers or likely to suffered may suffer in connection with designating the Trustee to Agent’s exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or arbitration, claim initiated by any third partyparty against them, and any loss resulting losses from administrative investigation or penalty by governmental government authorities. NeverthelessHowever, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee WFOE shall not be indemnified.

Exemption and Indemnification. 4.1 4.1. The Parties acknowledge that in no event shall the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Party hereto or any third party for any as a result of the exercise of the Entrusted Rights hereunder by the person individual who is designated by the WFOE. 4.2 Each of Shareholders 4.2. The Company and the Company Shareholders agree to indemnify and hold harmless the WFOE harmless and compensate the WFOE for against all losses suffered which it suffers or likely to suffered may suffer in connection with designating the Trustee to Agent’s exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or arbitration, claim initiated by any third partyparty against them, and any loss resulting losses from administrative investigation or penalty by governmental government authorities. NeverthelessHowever, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee WFOE and/or the Agent shall not be indemnified.

Exemption and Indemnification. 4.1 The Parties acknowledge that in no event shall the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Party hereto or any third party for any as a result of the individual’s exercise of the Entrusted Rights by the person hereunder who is designated by the WFOE. 4.2 Each of Shareholders The Company and the Company Shareholder agree to indemnify and hold harmless the WFOE harmless and compensate the WFOE for Agent against all losses suffered which they suffer or likely to suffered may suffer in connection with designating the Trustee to Agent’s exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or arbitration, claim initiated by any third partyparty against them, and any loss resulting losses from administrative investigation or penalty by governmental government authorities. NeverthelessHowever, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee WFOE or the Agent shall not be indemnified.

Exemption and Indemnification. 4.1 The Parties acknowledge agree that in no event shall the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Parties hereto or any third party for any parties as a result of the Agent’s exercise of the Entrusted Rights by the person designated by the WFOEhereunder. 4.2 Each of The Shareholders and the Company agree to hold the WFOE harmless and compensate the WFOE for all losses suffered or likely to be suffered by it in connection with designating the Trustee to its exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or arbitration, claim initiated by any third partyparty against it, and any loss resulting losses from administrative investigation or penalty by governmental authorities. NeverthelessHowever, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee WFOE or the Agent shall not be indemnified.

Exemption and Indemnification. 4.1 The Parties acknowledge that in no event shall the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Party hereto or any third party for any as a result of the exercise of the Entrusted Rights hereunder by the person individual who is designated by the WFOE. 4.2 Each of Shareholders The Company and the Company Shareholders agree to indemnify and hold harmless the WFOE harmless and compensate the WFOE for against all losses suffered which it suffers or likely to suffered may suffer in connection with designating the Trustee to Agent’s exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or arbitration, claim initiated by any third party, and any loss resulting from party against them or administrative investigation or penalty by governmental government authorities. NeverthelessHowever, losses suffered as a result of the intentional misconduct or gross negligence of the Trustee WFOE shall not be indemnified.

Exemption and Indemnification. 4.1 The Parties acknowledge that in no event shall any event, the WFOE be liable to or shall not be required to compensate financially be liable for or in make any economic or other indemnification to any other aspect, any other party Party hereto or any third party for any as a result of the exercise of the Entrusted Rights hereunder by the person individual that is designated by the WFOE. 4.2 Each of The Shareholders and the Company agree to indemnify and hold harmless the WFOE harmless and compensate the WFOE for against all losses suffered which it suffers or likely to suffered may suffer in connection with designating the Trustee to Agent’s exercise of the Entrusted Rights, including but not limited to, any loss resulting from any litigation, demand, arbitration or and claim initiated by any third party, and any loss resulting party against them as well as losses from administrative investigation or penalty by governmental government authorities. NeverthelessHowever, the losses suffered arising as a result of the intentional misconduct or gross negligence of the Trustee agent shall not be indemnifiedexcluded from indemnification.