Common use of Indemnification of F5 Finishes Clause in Contracts

Indemnification of F5 Finishes. (a) Subject to Sections 10.3 and 10.4, Shareholder agrees to indemnify F5 Finishes against and hold F5 Finishes harmless from: (1) any Indemnifiable Loss that F5 Finishes suffers or incurs that is caused by, arises out of or relates to any inaccuracy in or breach of any representation and warranty by Shareholder in Article 4 or in the certificate delivered at Closing pursuant to Section 2.5(i); or (2) any Indemnifiable Loss that F5 Finishes suffers or incurs that is caused by, arises out of or relates to Shareholder’s breach of or failure to perform any of his obligations under this Agreement in any material respect. (b) The benefit of the indemnification obligations of Shareholder under this Section 10.1 shall extend to the respective officers, directors, employees and agents of F5 Finishes and its affiliates.

Indemnification of F5 Finishes. (a) Subject to Sections 10.3 and 10.4, Shareholder agrees the Shareholders jointly and severally agree to indemnify F5 Finishes against and hold F5 Finishes harmless from: (1) any Indemnifiable Loss that F5 Finishes suffers or incurs that is caused by, arises out of or relates to any inaccuracy in or breach of any representation and warranty by Shareholder the Shareholders in Article 4 or in the certificate delivered at Closing pursuant to Section 2.5(i); or (2) any Indemnifiable Loss that F5 Finishes suffers or incurs that is caused by, arises out of or relates to the Shareholder’s breach of or failure to perform any of his their obligations under this Agreement in any material respect. (b) The benefit of the indemnification obligations of Shareholder the Shareholders under this Section 10.1 shall extend to the respective officers, directors, employees and agents of F5 Finishes and its affiliates.