Indemnification for Breach. Each party to this Agreement agrees to indemnify and hold harmless the other party against any loss, claim, damage or liability arising out of or based upon a Default of this Agreement by such defaulting party in accordance with the procedures set forth in the last paragraph of Section 3.8 of this Agreement.
Appears in 5 contracts
Samples: Reorganization Agreement (Home Interstate Bancorp), Stock Option Agreement (Humboldt Bancorp), Agreement and Plan of Reorganization (Cu Bancorp)
