Common use of Indemnification by Stockholders Clause in Contracts

Indemnification by Stockholders. Any Stockholder registering shares pursuant to Article III agrees, severally but not jointly, to indemnify and hold harmless the Company, its officers and Directors and each Person, if any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such Stockholder, but only with reference to information related to such Stockholder furnished in writing by or on behalf of such Stockholder expressly for use in any registration statement or prospectus relating to the Registrable Securities, or any amendment or supplement thereto or any preliminary prospectus; provided, however, that in no event will the liability of any Stockholder under this Section 4.4 be greater in amount than the dollar amount of the proceeds received by such Stockholder upon the sale of the Registrable Securities giving rise to such indemnification obligation. Each such Stockholder also agrees to indemnify and hold harmless any Underwriters of the Registrable Securities, their officers and directors and each Person who controls such Underwriters on substantially the same basis as provided for in the underwriting agreement relating to such offering.

Appears in 2 contracts

Samples: Stockholders Agreement (Frisby Technologies Inc), Stockholders Agreement (Frisby Technologies Inc)

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Indemnification by Stockholders. Any Each Selling Stockholder registering shares pursuant to Article III agrees, severally but not jointly, to indemnify and hold harmless the Company, its officers officers, directors and Directors agents and each Person, if any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such StockholderSelling Stockholder pursuant to clauses (i) and (ii) of Section 4.1, but only with reference to information related to such Selling Stockholder furnished in writing by such Selling Stockholder or on such Selling Stockholder's behalf of such Stockholder expressly for use in any registration statement or prospectus relating to the Registrable Securities, or any amendment or supplement thereto or thereto, any preliminary prospectus, or any Marketing Materials; provided, however, provided that in no event the obligation to indemnify will be individual to each Selling Stockholder and will be limited to the liability of any Stockholder under this Section 4.4 be greater in amount than the dollar net amount of the proceeds received by such Selling Stockholder upon from the sale of the Registrable Securities giving rise pursuant to such indemnification obligationregistration statement. Each such Selling Stockholder also agrees to indemnify and hold harmless any Underwriters of the Registrable Securities, their officers and directors and each Person who controls such Underwriters on substantially the same basis as that of the indemnification of the Company provided for in this Section 4.2, subject to the proviso in the underwriting agreement relating to such offeringfirst sentence of this Section 4.2.

Appears in 1 contract

Samples: Registration Rights Agreement (Peabody Energy Corp)

Indemnification by Stockholders. Any Each Stockholder registering shares pursuant to Article III Section 2.1, Section 2.2 or Section 2.4 agrees, severally severally, but not jointly, to indemnify and hold harmless the CompanyCorporation, its officers and Directors directors and each Person, if any, who controls the Company Corporation (within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act Act) and such controlling Person’s officers and directors to the same extent as the foregoing indemnity from the Company Corporation to such Stockholder, but only with reference to information related to such Stockholder furnished in writing by or on behalf of such Stockholder expressly for use in any registration statement or prospectus relating to the Registrable Securities, or any amendment or supplement thereto or any preliminary prospectus; provided, however, that in no event will prospectus and only up to the liability of any Stockholder under this Section 4.4 be greater in amount than the dollar amount of the net proceeds actually received by such Stockholder upon in the sale of the Registrable Securities giving rise to such indemnification obligationsubject offering. Each such Stockholder also agrees to indemnify and hold harmless any Underwriters of the Registrable Securities, their officers and directors and each Person who controls such Underwriters on substantially the same basis as that of the indemnification of the Corporation provided for in the underwriting agreement relating to such offeringthis Section 3.4.

Appears in 1 contract

Samples: Registration Rights Agreement (Teavana Holdings Inc)

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Indemnification by Stockholders. Any Each Stockholder registering shares pursuant to Article III Section 3.1 or Section 3.2 agrees, severally but not jointly, to indemnify and hold harmless the Company, its officers Officers and Directors and each Person, if any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such StockholderStockholder (excluding clause (c) thereof), but only to the extent that such untrue statement or alleged untrue statement or omission or alleged omission is made in such registration statement or prospectus in reliance upon and in conformity with reference to information related to such Stockholder furnished in writing by or on behalf of such Stockholder expressly for use in any registration statement or prospectus relating to the Registrable Securities, or any amendment or supplement thereto or any preliminary prospectus; provided, however, that in no event will the liability of any Stockholder under this Section 4.4 be greater in amount than the dollar amount of the proceeds received by such Stockholder upon the sale of the Registrable Securities giving rise to such indemnification obligation. Each such Stockholder also agrees to indemnify and hold harmless any Underwriters of the Registrable Securities, their officers and directors and each Person who controls such Underwriters on substantially the same basis as that of the indemnification of the Company provided for in this Section 4.3. Notwithstanding any other provision of this Section 4.3, each Stockholder’s liability under this Section 4.3 will not exceed the underwriting agreement relating to net proceeds received by such offeringStockholder from the offering of such Stockholder’s Registrable Securities made in connection with such registration.

Appears in 1 contract

Samples: Stockholders Agreement (Chuy's Holdings, Inc.)

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