Common use of No Indemnification Clause in Contracts

No Indemnification. This indemnity shall not apply, however, where a court ------------------ of competent jurisdiction has made a final determination that the Consultant engaged in gross recklessness and willful misconduct in the performance of its services hereunder which gave rise to loss, claim, damage, liability, cost or exposure sought to be recovered hereunder. (But pending any such final determination, the indemnification and reimbursement provision of this Consulting Agreement shall apply and the Company shall perform its obligations hereunder to reimburse Consultant for its attorney's fees and expenses).

Appears in 5 contracts

Samples: Consulting Agreement (Sinovac Biotech LTD), Consulting Agreement (Gravity Spin Holdings Inc), Consulting Agreement (Gravity Spin Holdings Inc)

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No Indemnification. This indemnity shall not apply, however, where a court ------------------ of competent jurisdiction has made a final determination that the Consultant engaged in gross recklessness and willful misconduct in the performance of its services hereunder which gave rise to loss, claim, damage, liability, cost or exposure sought to be recovered hereunder. (But pending any such final determination, the indemnification and reimbursement provision of this Consulting Agreement shall apply and the Company shall perform its obligations hereunder to reimburse Consultant for its attorney's ’s fees and expenses).

Appears in 4 contracts

Samples: Consulting Agreement (Uranium 308 Corp.), Consulting Agreement (Sinobiopharma, Inc.), Consulting Agreement (Sinobiomed Inc)

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No Indemnification. This indemnity shall not apply, however, where a ------------------- court ------------------ of competent jurisdiction has made a final determination that the Consultant engaged in gross recklessness and willful misconduct in the performance of its services hereunder which gave rise to loss, claim, damage, liability, cost or exposure sought to be recovered hereunder. (But pending any such final determination, the indemnification and reimbursement provision of this Consulting Agreement shall apply and the Company shall perform its obligations hereunder to reimburse Consultant for its attorney's fees and expenses).

Appears in 1 contract

Samples: Consulting Agreement (Magnus International Resources, Inc.)

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