Common use of Indemnification of Escrow Holder Clause in Contracts

Indemnification of Escrow Holder. The SELLERS, STOCXXXX xxx the COMPANY jointly and severally, release, indemnify and hold harmless the ESCROW HOLDER from all costs, charges, claims, demands, damages, losses and expenses resulting from the ESCROW HOLDER's compliance in good faith with this Agreement.

Appears in 2 contracts

Samples: Stock Purchase and Escrow Agreement (Stockett Larry), Stock Purchase and Escrow Agreement (Hightec Inc)

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Indemnification of Escrow Holder. The SELLERSSHAREHOLDERS, STOCXXXX xxx the COMPANY jointly and severally, release, indemnify and hold harmless the ESCROW HOLDER from all costs, charges, claims, demands, damages, losses and expenses resulting from the ESCROW HOLDER's compliance in good faith with this Agreement.

Appears in 2 contracts

Samples: Stock Escrow Agreement (Stockett Larry), Stock Escrow Agreement (Hightec Inc)

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