INDEMNITY AND HOLD HARMLESS. PRINCIPAL FURTHER ACKNOWLEDGES THAT PRINCIPAL HAS READ THIS AGREEMENT AND CLEARLY UNDERSTANDS THE MEANING, DIMENSIONS, AND LEGAL CONSEQUENCES OF THE REPRESENTATIONS AND WARRANTIES MADE HEREIN AND THEREFORE DOES HEREBY, FOR HIMSELF, HIS HEIRS, ASSIGNS AND REPRESENTATIVES, INDEMNIFY AND HOLD HARMLESS AGENT AND AGENTS PRINCIPALS, AGENT’S REPRESENTATIVES, CONSULTANTS, EMPLOYEES, AND OTHERS ASSOCIATED WITH OR WORKING IN COOPERATION WITH AGENT PURSUANT TO THE AUTHORIZATION CONTAINED HEREIN, FROM ANY AND ALL DAMAGE AND/OR LIABILITY DUE TO OR ARISING OUT OF A BREACH OF ANY REPRESENTATIONS AND/OR WARRANTIES MADE HEREIN. INDEMNITY IS NOT POSSIBLE IN CASE OF FRAUD OR GROSS NEGLIGENCE ON THE PART OF THE INDEMNIFIED PERSON.
