Common use of Indemnity Reserve Clause in Contracts

Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders shall place 25,000 shares of Netivation Stock in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.

Appears in 2 contracts

Samples: Merger Agreement (Netivation Com Inc), Merger Agreement (Netivation Com Inc)

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Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders shall place 25,000 10,000 shares of Netivation Stock in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.G. AGREEMENT AND PLAN OF MERGER - 28

Appears in 1 contract

Samples: Merger Agreement (Netivation Com Inc)

Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders Representing Stockholders, on a pro rata basis, shall place 25,000 250,000 shares of Netivation Stock received by the Representing Stockholders in this Merger in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.

Appears in 1 contract

Samples: Merger Agreement (Netivation Com Inc)

Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders shall place 25,000 Eighty Thousand Eight Hundred (80,800) shares of Netivation Stock in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Medinex Systems Inc)

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Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders shall place 25,000 37,500 shares of Netivation Stock in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.

Appears in 1 contract

Samples: Merger Agreement (Netivation Com Inc)

Indemnity Reserve. In order to secure Netivation's and each Netivation Indemnitee's rights of indemnity, the Selling Stockholders shall place 25,000 an aggregate of 100,000 shares AGREEMENT AND PLAN OF MERGER - 29 of Netivation Stock in escrow in accordance with the terms of the Escrow Agreement, substantially in the form attached hereto as Exhibit G.

Appears in 1 contract

Samples: Merger Agreement (Netivation Com Inc)

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