Common use of Indemnification by the Optionee Clause in Contracts

Indemnification by the Optionee. The OPTIONEE agrees to indemnify the OPTIONORS, hold OPTIONORS harmless from and against any loss, claim or liability, including attorney's fees or other legal expenses incurred in the defense thereof, incurred by the OPTIONORS, as a result of any breach by the OPTIONEE of, or any inaccuracy in, any representation, warranty, covenant or other provision contained in this OPTION.

Appears in 2 contracts

Samples: Purchase Mineral Rights Agreement, Purchase Mineral Rights Agreement (Multisys Language Solutions Inc)

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Indemnification by the Optionee. The OPTIONEE agrees to indemnify the OPTIONORSOPTIONOR, hold OPTIONORS OPTIONOR harmless from and against any loss, claim or liability, including attorney's fees or other legal expenses incurred in the defense thereof, incurred by the OPTIONORSOPTIONOR, as a result of any breach by the OPTIONEE of, or any inaccuracy in, any representation, warranty, covenant or other provision contained in this OPTION.

Appears in 1 contract

Samples: Stock Option Agreement (Energenx, Inc.)

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Indemnification by the Optionee. The OPTIONEE agrees to indemnify the OPTIONORSOPTIONOR, hold OPTIONORS OPTIONOR harmless from and against any loss, claim or liability, including attorney's ’s fees or other legal expenses incurred in the defense thereof, incurred by the OPTIONORSOPTIONOR, as a result of any breach by the OPTIONEE of, or any inaccuracy in, any representation, warranty, covenant or other provision contained in this OPTION.

Appears in 1 contract

Samples: Stock Option Agreement (Duska Therapeutics, Inc.)

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