Common use of Indemnification by Members Clause in Contracts

Indemnification by Members. The Members agree to indemnify and defend the Company, including the other Members, the Manager and each of their respective employees, agents, partners, shareholders, officers, and directors; and hold them harmless from and against any and all claims, liabilities, damages, costs, and expenses arising out of any fraud, gross negligence, willful or wanton misconduct or a breach of this Agreement by that Member.

Appears in 17 contracts

Samples: LLC Operating Agreement, LLC Operating Agreement, Multi Member LLC Operating Agreement

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Indemnification by Members. The Members agree to indemnify and defend the Company, including the other Members, the Manager Members and each of their respective employees, agents, partners, shareholders, officers, and directors; and hold them harmless from and against any and all claims, liabilities, damages, costs, and expenses arising out of any fraud, gross negligence, willful or wanton misconduct or a breach of this Agreement by that Member.

Appears in 4 contracts

Samples: LLC Operating Agreement, LLC Operating Agreement, LLC Operating Agreement

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Indemnification by Members. The Members agree to indemnify and defend the Company, including the other Members, the Manager Members and each of their respective employees, agents, partners, shareholders, officers, and directors; and hold them harmless from and against any and all claims, liabilities, damages, costs, and expenses arising out of any fraud, gross negligence, willful or wanton misconduct or a breach of this Agreement by that Member.

Appears in 2 contracts

Samples: LLC Operating Agreement, LLC Operating Agreement

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