Indemnification of Shareholder. (a) Subject to Section 10.4, F5 Finishes agrees to indemnify Shareholder against and hold him harmless from: (1) any Indemnifiable Loss that Shareholder suffers or incurs that is caused by, arises out of or relates to any inaccuracy in or breach of any representation and warranty by F5 Finishes in Article 5 or in the certificate delivered at Closing pursuant to Section 2.5(j); or (2) any Indemnifiable Loss that Shareholder suffers or incurs that is caused by, arises out of or relates to F5 Finishes’ breach of or failure to perform any of its obligations under this Agreement in any material respect. (b) The benefit of F5 Finishes’ indemnification obligation under this Section 10.2 shall extend to the heirs and legal representatives of Shareholder.
Appears in 4 contracts
Samples: Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc), Combination Agreement (F5 Finishes, Inc)
