INDEMNIFICATION AGREEMENT
Exhibit
10.13
This
Indemnification Agreement (this “Agreement”) is
entered into as of December ,
2005, by and between Vocus, Inc., a Delaware corporation (the “Company”), and
(“Indemnitee”). Capitalized terms used and not otherwise
defined in this Agreement have the meanings set forth in Section 10 hereof.
RECITALS
A. The Company and Indemnitee recognize the continued difficulty in obtaining liability
insurance for the directors, officers, employees, agents and fiduciaries of the Company and its
Subsidiaries, the significant increases in the cost of such insurance and the general reductions in
the coverage provided by such insurance.
B. The Company and Indemnitee further recognize the substantial increase in corporate
litigation in general, subjecting directors, officers, employees, agents and fiduciaries to
expensive litigation risks at the same time as the availability and coverage of liability insurance
has been severely limited.
C. Indemnitee does not regard the current protection available as adequate under the present
circumstances, and Indemnitee and other directors, officers, employees, agents and fiduciaries of
the Company may not be willing to continue to serve in such capacities without additional
protection.
D. The Company desires to attract and retain the services of highly qualified individuals,
such as Indemnitee, to serve the Company and/or one or more of its Subsidiaries and, in order to
induce Indemnitee to provide or to continue to provide services to the Company and/or one or more
of its Subsidiaries, wishes to provide for the indemnification and advancing of expenses to
Indemnitee to the maximum extent permitted by law.
E. In view of the considerations set forth above, the Company desires that Indemnitee be
indemnified by the Company as set forth herein.
Now, therefore, the Company and Indemnitee hereby agree as follows:
1. Indemnification.
(a) Indemnification of Expenses. The Company shall indemnify Indemnitee to the
fullest extent permitted by law if Indemnitee was or is or becomes a party to or witness or other
participant in, or is threatened to be made a party to or witness or other participant in, any
Proceeding, against any and all Expenses, including all interest, assessments and other charges
paid or payable in connection with or in respect of such Expenses. Subject to Section 1(b)
hereof, such payment of Expenses shall be made by the Company as soon as practicable but in any
event no later than thirty (30) days after written demand by Indemnitee therefor is presented to
the Company.
(b) Reviewing Party. Notwithstanding anything to the contrary in Sections
1(a) or 2(a) hereof:
(i) the indemnification obligations of the Company under Section 1(a) hereof shall be
subject to the condition that the Reviewing Party shall not have determined that Indemnitee would
not be permitted to be indemnified under applicable law; and
(ii) the obligations of the Company to make advance payments of Expenses to Indemnitee
pursuant to Section 2(a) hereof (each an “Expense Advance”) shall be subject to the
condition that, if, when and to the extent that the Reviewing Party determines that Indemnitee
would not be permitted to be indemnified under applicable law, the Company shall be entitled to be
reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts
theretofore paid by Company to Indemnitee; provided, however, that if Indemnitee
has commenced or thereafter commences legal proceedings in a court of competent jurisdiction to
secure a determination that Indemnitee should be indemnified under applicable law, any
determination made by the Reviewing Party that Indemnitee would not be permitted to be indemnified
under applicable law shall not be binding and Indemnitee shall not be required to reimburse the
Company for any Expense Advance until a final judicial determination is made with respect thereto
(as to which all rights of appeal therefrom have been exhausted or lapsed).
Indemnitee’s obligation to reimburse the Company for any Expense Advance shall be unsecured
and no interest shall be charged thereon. If there has not been a Change in Control, or if there
has been a Change in Control which has been approved by a majority of the directors of the Company
who were directors immediately prior to the Change in Control (the “Incumbent Directors”),
the Reviewing Party shall be selected by the Board of Directors of the Company, and if there has
been a Change in Control which has not been approved by a majority of the Incumbent Directors, the
Reviewing Party shall be the Independent Legal Counsel. If there has been no determination by the
Reviewing Party or if the Reviewing Party determines that Indemnitee would not be permitted to be
indemnified in whole or in part under applicable law, Indemnitee shall have the right to commence
litigation seeking an initial determination by the court or challenging any such determination by
the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and the
Company hereby consents to service of process and to appear in any such proceeding. Any
determination by the Reviewing Party otherwise shall be conclusive and binding on the Company and
Indemnitee.
(c) Contribution. If the indemnification obligations of the Company under Section
1(a) hereof shall be held by a court of competent jurisdiction for any reason other than that
set forth in Section 8(a) hereof to be unavailable to Indemnitee in respect of any Expense,
then the Company, in lieu of indemnifying Indemnitee thereunder, shall contribute to the amount
paid or payable by Indemnitee as a result of such Expense (i) in such proportion as is appropriate
to reflect the relative benefits received by the Company and Indemnitee, or (ii) if the allocation
provided by clause (i) above is not permitted by applicable law, in such proportion as is
appropriate to reflect not only the relative benefits referred to in clause (i) above but also the
relative fault of the Company and Indemnitee in connection with the action or inaction which
resulted in such Expense, as well as any other relevant equitable considerations. The Company and
Indemnitee agree that it would not be just and equitable if contribution pursuant to this
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Section 1(c) were determined by pro rata or per capita allocation or by any other
method of allocation which does not take account of the equitable considerations referred to in the
immediately preceding sentence.
(d) Mandatory Payment of Expenses. Notwithstanding any other provision of this
Agreement, to the extent that Indemnitee has been successful on the merits or otherwise, including,
without limitation, the dismissal of an action without prejudice, in defense of any Proceeding or
in the defense of any claim, issue or matter therein, Indemnitee shall be indemnified against all
Expenses incurred by Indemnitee in connection therewith.
2. Expenses; Indemnification Procedure.
(a) Advancement of Expenses. Subject to the terms and conditions of Section
1(b) hereof and to the extent not prohibited by applicable law, the Company shall advance all
Expenses incurred by Indemnitee. The advances to be made hereunder shall be paid by the Company to
Indemnitee as soon as practicable but in any event no later than thirty (30) days after written
demand by Indemnitee therefor to the Company.
(b) Notice; Cooperation by Indemnitee. Indemnitee shall, as a condition precedent to
Indemnitee’s right to be indemnified under this Agreement, give the Company notice in writing as
soon as practicable of any Proceeding for which indemnification will or could be sought under this
Agreement. In addition, Indemnitee shall give the Company such information and cooperation as it
may reasonably require and as shall be within Indemnitee’s power.
(c) No Presumptions; Burden of Proof.
(i) For purposes of this Agreement, the termination of any Proceeding by judgment, order,
settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendre
or its equivalent, shall not create a presumption that Indemnitee did not meet any particular
standard of conduct or have any particular belief or that a court has determined that
indemnification is not permitted by applicable law. In addition, neither the failure of the
Reviewing Party to have made a determination as to whether Indemnitee has met any particular
standard of conduct or had any particular belief, nor an actual determination by the Reviewing
Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to
the commencement of legal proceedings by Indemnitee to secure a judicial determination that
Indemnitee should be indemnified under applicable law, shall be a defense to Indemnitee’s claim or
create a presumption that Indemnitee has not met any particular standard of conduct or did not have
any particular belief.
(ii) In connection with any determination by the Reviewing Party or otherwise as to whether
Indemnitee is entitled to be indemnified hereunder, the burden of proof shall be on the Company to
establish that Indemnitee is not so entitled.
(d) Notice to Insurers. If, at the time of the receipt by the Company of a notice of
a Proceeding pursuant to Section 2(b) hereof, the Company has liability insurance in effect
which may cover such Proceeding, the Company shall give prompt notice of the commencement of such
Proceeding to the insurers in accordance with the procedures set forth in
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the respective policies. The Company shall thereafter take all necessary or desirable action
to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such
action, suit, proceeding, inquiry or investigation in accordance with the terms of such policies.
(e) Selection of Counsel. In the event the Company shall be obligated hereunder to
pay the Expenses of a Proceeding, the Company shall be entitled to assume the defense of such
Proceeding with counsel approved by Indemnitee, which approval shall not be unreasonably withheld
or delayed, upon the delivery to Indemnitee of written notice of its election so to do. After
delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel
by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees of
counsel subsequently incurred by Indemnitee with respect to the same Proceeding; provided
that (i) Indemnitee shall have the right to employ Indemnitee’s counsel in any such Proceeding at
Indemnitee’s expense and (ii) if (A) the employment of counsel by Indemnitee has been previously
authorized by the Company, (B) Indemnitee shall have reasonably concluded that there is a conflict
of interest between the Company and Indemnitee in the conduct of any such defense, or (C) the
Company shall not continue to retain such counsel to defend such Proceeding, then the fees and
expenses of Indemnitee’s counsel shall be at the expense of the Company. The Company shall have
the right to conduct such defense as it sees fit in its sole discretion, provided that the Company
has the right to settle any claim against Indemnitee only with the consent of Indemnitee, which
shall not be unreasonably withheld or delayed.
3. Scope; Nonexclusivity.
(a) Scope. It is understood that the parties to this Agreement intend for this
Agreement to be interpreted and enforced so as to provide indemnification and advancement of
Expenses to Indemnitee to the fullest extent now or hereafter permitted by law, subject only to the
express exceptions and limitations otherwise set forth in this Agreement. In the event of any
change after the date of this Agreement in any applicable law, statute or rule which expands the
right of the Company to indemnify a member of the Board of Directors or an officer, employee, agent
or fiduciary of the Company or any Subsidiary, as applicable, it is the intent of the parties
hereto that Indemnitee shall enjoy by this Agreement the greater benefits afforded by such change.
In the event of any change in any applicable law, statute or rule which narrows the right of the
Company to indemnify a member of the Board of Directors or an officer, employee, agent or fiduciary
of the Company or any Subsidiary, as applicable, such change, to the extent not otherwise required
by such law, statute or rule to be applied to this Agreement, shall have no effect on this
Agreement or the parties’ rights and obligations hereunder.
(b) Nonexclusivity. The indemnification and advancement of Expenses provided by this
Agreement shall be in addition to any rights to which Indemnitee may be entitled under the charter
documents of the Company or any Subsidiary, any agreement, any vote of stockholders or
disinterested directors, the General Corporation Law of the State of Delaware, or otherwise.
4. No Duplication of Payments. The Company shall not be liable under this Agreement
to make any payment in connection with any Proceeding against Indemnitee to the extent Indemnitee
has otherwise actually received payment (under any insurance policy, charter
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documents of the Company or any Subsidiary or otherwise) of the amounts otherwise
indemnifiable hereunder.
5. Partial Indemnification. If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of Expenses incurred in
connection with any Proceeding, but not for all of the total amount thereof, the Company shall
nevertheless indemnify Indemnitee for the portion of such Expenses to which Indemnitee is entitled.
6. Mutual Acknowledgement. Both the Company and Indemnitee acknowledge that in
certain instances, Federal law or applicable public policy may prohibit the Company from
indemnifying its directors, officers, employees, agents or fiduciaries under this Agreement or
otherwise. Indemnitee understands and acknowledges that the Company may be required in the future
to undertake with the Securities and Exchange Commission to submit the question of indemnification
to a court in certain circumstances for a determination of the Company’s right under public policy
to indemnify Indemnitee.
7. Maintenance of Liability Insurance. The Company shall, from time to time, make the
good faith determination whether or not it is practicable for the Company to obtain and maintain a
policy or policies of insurance with reputable insurance companies providing the officers and
directors of the Company with coverage for losses from wrongful acts, or to ensure the Company’s
performance of its indemnification obligations under this Agreement. Among other considerations,
the Company will weigh the costs of obtaining such insurance coverage against the protection
afforded by such coverage. In all policies of director and officer liability insurance, Indemnitee
shall be named as an insured in such a manner as to provide Indemnitee the same rights and benefits
as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a
director, or of the Company’s officers, if Indemnitee is not a director of the Company but is an
officer. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain
such insurance if the Company determines in good faith that such insurance is not reasonably
available, if the premium costs for such insurance are disproportionate to the amount of coverage
proved, if the coverage provided by such insurance is limited by exclusions so as to provide an
insufficient benefit, or if Indemnitee is covered by similar insurance maintained by a parent or
Subsidiary of the Company.
8. Exceptions. Notwithstanding anything to the contrary herein other than Section
1(d) hereof, the Company shall not be obligated pursuant to the terms of this Agreement:
(a) Unlawful Claims. To indemnify Indemnitee with respect to any Proceeding if a
final decision by a court having jurisdiction shall have determined that such indemnification is
not lawful;
(b) Proceedings Initiated by Indemnitee. To indemnify or advance Expenses to
Indemnitee with respect to Proceedings initiated or brought voluntarily by Indemnitee and not by
way of defense, except (i) with respect to any Proceeding (x) brought to establish or enforce a
right to indemnification or advancement of Expenses under this Agreement, or any other agreement,
or insurance policy, or the charter documents of the Company or any Subsidiary, now or hereafter in
effect relating to any Proceeding, or (y) specifically authorized by the Board of
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Directors, or (ii) as otherwise required under Section 145 of the Delaware General Corporation
Law, regardless of whether Indemnitee ultimately is determined to be entitled to such
indemnification, advance expense payment or insurance recovery, as the case may be;
provided, however, that such indemnification or advancement of Expenses may be
provided by the Company in specific cases if the Board of Directors determines it to be
appropriate;
(c) Claims Under Section 16(b). To indemnify Indemnitee for Expenses, judgments,
fines or penalties sustained in any Proceeding for an accounting of profits arising from the
purchase and sale by Indemnitee of securities of the Company in violation of Section 16(b) of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), rules and regulations
promulgated thereunder, or any similar provisions of any federal, state or local statute; or
(d) Lack of Good Faith. To indemnify Indemnitee for any Expenses incurred by
Indemnitee with respect to any Proceeding instituted by Indemnitee to enforce or interpret this
Agreement, if a court of competent jurisdiction determines that each of the material assertions
made by Indemnitee in such Proceeding was not made in good faith or was frivolous.
9. Period of Limitations. No legal action shall be brought and no cause of action
shall be asserted by or in the right of the Company against Indemnitee, Indemnitee’s estate,
spouse, heirs, executors or personal or legal representatives after the expiration of three (3)
years from the date of accrual of such cause of action, and any claim or cause of action of the
Company shall be extinguished and deemed released unless asserted by the timely filing of a legal
action within such three-year period; provided, however, that if any shorter period
of limitations is otherwise applicable to any such cause of action, such shorter period shall
govern.
10. Construction of Certain Terms and Phrases. As used in this Agreement, the
following terms and phrases shall have the meanings set forth below:
(a) A “Change in Control” shall be deemed to have occurred if (i) any “person” (as
such term is used in Sections 13(d) and 14(d) of the Exchange Act), other than a trustee or other
fiduciary holding securities under an employee benefit plan of the Company or a corporation owned
directly or indirectly by the stockholders of the Company in substantially the same proportions as
their ownership of stock of the Company, (A) who is or becomes the beneficial owner, directly or
indirectly, of securities of the Company representing 10% or more of the combined voting power of
the Company’s then outstanding Voting Securities, increases his beneficial ownership of such
securities by 5% or more over the percentage so owned by such person, or (B) becomes the
“beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities
of the Company representing more than 20% of the total voting power represented by the Company’s
then outstanding Voting Securities, (ii) during any period of two consecutive years, individuals
who at the beginning of such period constitute the Board of Directors of the Company and any new
director whose election by the Board of Directors or nomination for election by the Company’s
stockholders was approved by a vote of at least two-thirds of the directors then still in office
who either were directors at the beginning of the period or whose election or nomination for
election was previously so approved, cease for any reason to constitute a majority thereof, or
(iii) the stockholders of the Company approve a merger or consolidation of the Company with any
other corporation other than a merger or
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consolidation which would result in the Voting Securities of the Company outstanding
immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into Voting Securities of the surviving entity) at least 80% of the total voting power
represented by the Voting Securities of the Company or such surviving entity outstanding
immediately after such merger or consolidation, or the stockholders of the Company approve a plan
of complete liquidation of the Company or an agreement for the sale or disposition by the Company
of (in one transaction or a series of transactions) all or substantially all of the Company’s
assets.
(b) References to the “Company” shall include, in addition to the resulting
corporation, any constituent corporation (including any constituent of a constituent) absorbed in a
consolidation or merger which, if its separate existence had continued, would have had power and
authority to indemnify its directors, officers, employees, agents or fiduciaries, so that if
Indemnitee is or was a director, officer, employee, agent or fiduciary of such constituent
corporation, or is or was serving at the request of such constituent corporation as a director,
officer, employee, agent or fiduciary of another corporation, partnership, joint venture, employee
benefit plan, trust or other enterprise, Indemnitee shall stand in the same position under the
provisions of this Agreement with respect to the resulting or surviving corporation as Indemnitee
would have with respect to such constituent corporation if its separate existence had continued.
(c) “Expense” shall include any and all expenses (including attorneys’ fees and all
other costs, expenses and obligations incurred in connection with investigating, defending, being a
witness in or participating in (including on appeal), or preparing to defend, be a witness in or
participate in, a Proceeding), judgments, fines, penalties and amounts paid in settlement (if such
settlement is approved in advance by the Company, which approval shall not be unreasonably withheld
or delayed) of a Proceeding, and any federal, state, local or foreign taxes imposed on Indemnitee
as a result of the actual or deemed receipt of any payments under this Agreement.
(d) “Independent Legal Counsel” shall mean an attorney or firm of attorneys who shall
not have otherwise performed services for the Company or Indemnitee within the last three years
(other than with respect to matters concerning the rights of Indemnitee under this Agreement, or of
other indemnitees under similar indemnity agreements). Independent Legal Counsel shall be selected
as follows: (i) by a majority of the Disinterested Directors if there has not been a Change in
Control or if there has been a Change in Control which has been approved by a majority of the
Incumbent Directors; or (ii) by Indemnitee, subject to the approval by a majority of the
Disinterested Directors (which shall not be unreasonably withheld), if there has been a Change in
Control which has not been approved by a majority of the Incumbent Directors. The Company agrees
to pay the reasonable fees of the Independent Legal Counsel, regardless of which party selects the
Independent Legal Counsel.
(e) References to “other enterprises” shall include employee benefit plans; references
to “fines” shall include any excise taxes assessed on Indemnitee with respect to an
employee benefit plan; and references to “serving at the request of the Company” shall
include any service as a director, officer, employee, agent or fiduciary of the Company which
imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary
with respect to an employee benefit plan, its participants or its beneficiaries.
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(f) “Proceeding” shall mean any threatened, pending or completed action, suit,
proceeding or alternative dispute resolution mechanism, or any hearing, inquiry or investigation
that Indemnitee in good faith believes might lead to the institution of any such action, suit,
proceeding or alternative dispute resolution mechanism, whether brought by or in the right of the
Company or any Subsidiary or otherwise, and whether civil, criminal, administrative, investigative
or other, in which Indemnitee was or is or becomes a party to or witness or other participant in,
or is threatened to be made a party to or witness or other participant by reason of (or arising in
part out of) any event or occurrence related to the fact that Indemnitee is or was a director,
officer, employee, agent or fiduciary of the Company or any Subsidiary, or is or was serving at the
request of the Company or any Subsidiary as a director, officer, employee, agent or fiduciary of
another corporation, partnership, joint venture, trust or other enterprise, or by reason of any
action or inaction on the part of Indemnitee while serving in such capacity.
(g) “Reviewing Party” shall mean (i) the Board of Directors acting by a majority vote
of the directors who are not and were not parties to the Proceeding in respect of which
indemnification is being sought (the “Disinterested Directors”), (ii) a committee of some
or all of the Disinterested Directors designated by a majority vote of the Disinterested Directors,
or (iii) Independent Legal Counsel.
(h) “Subsidiary” shall mean any corporation or other entity of which more than 50% of
the outstanding Voting Securities is owned directly or indirectly by the Company, by the Company
and one or more other Subsidiaries, or by one or more other Subsidiaries.
(i) “Voting Securities” shall mean any securities of the Company that vote generally
in the election of directors.
11. Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall constitute an original.
12. Binding Effect; Successors and Assigns. This Agreement shall be binding upon and
inure to the benefit of and be enforceable by the parties hereto and their respective successors
(including any direct or indirect successor by purchase, merger, consolidation or otherwise to all
or substantially all of the business and/or assets of the Company), assigns, spouses, heirs, and
personal and legal representatives. The Company shall require and cause any successor (whether
direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all, or a
substantial part, of the business and/or assets of the Company expressly to assume and agree to
perform this Agreement in the same manner and to the same extent that the Company would be required
to perform if no such succession had taken place. This Agreement shall continue in effect with
respect to any Proceeding regardless of whether Indemnitee continues to serve as a director,
officer, employee, agent or fiduciary of the Company, any Subsidiary or any other enterprise at the
Company’s request.
13. Attorneys’ Fees. In the event that any action is instituted by Indemnitee under
this Agreement or under any liability insurance policies maintained by the Company to enforce or
interpret any of the terms hereof or thereof, Indemnitee shall be entitled to be paid all expenses
incurred by Indemnitee with respect to such action, regardless of whether Indemnitee is ultimately
successful in such action, and shall be entitled to the advancement of such expenses
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with respect to such action, unless, as a part of such action, a court of competent
jurisdiction over such action determines that each of the material assertions made by Indemnitee as
a basis for such action was not made in good faith or was frivolous. In the event of an action
instituted by or in the name of the Company under this Agreement to enforce or interpret any of the
terms of this Agreement, Indemnitee shall be entitled to be paid all expenses incurred by
Indemnitee in defense of such action (including costs and expenses incurred with respect to
Indemnitee counterclaims and cross-claims made in such action), and shall be entitled to the
advancement of such expenses with respect to such action, unless, as a part of such action, a court
having jurisdiction over such action determines that each of Indemnitee’s material defenses to such
action was not made in good faith or was frivolous.
14. Notice. All notices and other communications required or permitted hereunder
shall be in writing, shall be effective when received, and shall in any event be deemed to be
received (a) five days after deposit with the U.S. Postal Service or other applicable postal
service, if delivered by certified or registered mail, postage prepaid, (b) upon delivery, if
delivered by hand, (c) one business day after the business day of deposit with Federal Express or
similar overnight courier, freight prepaid, or (d) one day after the business day of delivery by
facsimile transmission, if delivered by facsimile transmission, with copy by first class mail,
postage prepaid, and shall be addressed if to Indemnitee, at Indemnitee’s address as set forth
beneath Indemnitee’s signature to this Agreement and if to the Company at the address of its
principal corporate offices (attention: Secretary) or at such other address as a party may
designate by ten days’ advance written notice to the other party hereto.
15. Headings. The headings used in this Agreement have been inserted for convenience
of reference only and do not define or limit the provisions hereof.
16 Severability. The provisions of this Agreement shall be severable in the event
that any of the provisions hereof (including any provision within a single section, paragraph or
sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise
unenforceable, and the remaining provisions shall remain enforceable to the fullest extent
permitted by law. Furthermore, to the fullest extent possible, the provisions of this Agreement
(including, without limitations, each portion of this Agreement containing any provision held to be
invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall
be construed so as to give effect to the intent manifested by the provision held invalid, illegal
or unenforceable.
17. Choice of Law. This Agreement shall be governed by and its provisions construed
and enforced in accordance with the laws of the State of Delaware, as applied to contracts between
Delaware residents, entered into and to be performed entirely within the State of Delaware, without
regard to the conflict of laws principles thereof.
18. Subrogation. In the event of payment under this Agreement, the Company shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee who shall
execute all documents required and shall do all acts that may be necessary to secure such rights
and to enable the Company effectively to bring suit to enforce such rights.
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19. Amendment and Termination. No amendment, modification, termination or
cancellation of this Agreement shall be effective unless it is in writing signed by both the
parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver
constitute a continuing waiver.
20. Integration and Entire Agreement. This Agreement sets forth the entire
understanding between the parties hereto and supersedes and merges all previous written and oral
negotiations, commitments, understandings and agreements relating to the subject matter hereof
between the parties hereto.
21. No Construction as Employment Agreement. Nothing contained in this Agreement
shall be construed as giving Indemnitee any right to be retained in the employ of the Company or
any of its Subsidiaries.
[SIGNATURE PAGE FOLLOWS]
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In witness whereof, the parties hereto have executed this Agreement as of the date first
above written.
| VOCUS, INC. | ||||||
| Name: | ||||||
| Title: | ||||||
AGREED TO AND ACCEPTED BY:
Name:
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Address: |
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