{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "provide-for", "type": "definition", "offset": [12, 23]}, {"key": "equitable-contribution", "type": "clause", "offset": [33, 55]}, {"key": "the-indemnification", "type": "definition", "offset": [82, 101]}, {"key": "section-9", "type": "clause", "offset": [151, 160]}, {"key": "in-accordance-with", "type": "clause", "offset": [175, 193]}, {"key": "for-any-reason", "type": "clause", "offset": [208, 222]}, {"key": "from-the-company", "type": "clause", "offset": [249, 265]}, {"key": "the-sales-agent", "type": "definition", "offset": [269, 284]}, {"key": "the-company-and-the", "type": "clause", "offset": [286, 305]}, {"key": "the-total", "type": "clause", "offset": [337, 346]}, {"key": "expenses-and-damages", "type": "clause", "offset": [376, 396]}, {"key": "legal-and-other-expenses", "type": "definition", "offset": [427, 451]}, {"key": "in-connection-with", "type": "clause", "offset": [472, 490]}, {"key": "amount-paid", "type": "definition", "offset": [500, 511]}, {"key": "settlement-of", "type": "clause", "offset": [515, 528]}, {"key": "any-action", "type": "definition", "offset": [530, 540]}, {"key": "suit-or-proceeding", "type": "clause", "offset": [542, 560]}, {"key": "received-by-the-company", "type": "definition", "offset": [621, 644]}, {"key": "as-persons", "type": "definition", "offset": [691, 701]}, {"key": "meaning-of", "type": "clause", "offset": [737, 747]}, {"key": "the-securities-act", "type": "clause", "offset": [748, 766]}, {"key": "officers-of-the-company", "type": "clause", "offset": [768, 791]}, {"key": "the-registration-statement", "type": "clause", "offset": [803, 829]}, {"key": "directors-of-the-company", "type": "definition", "offset": [834, 858]}, {"key": "benefits-received", "type": "clause", "offset": [1024, 1041]}, {"key": "the-other-hand", "type": "clause", "offset": [1192, 1206]}, {"key": "total-net-proceeds", "type": "definition", "offset": [1259, 1277]}, {"key": "the-placement-shares", "type": "clause", "offset": [1295, 1315]}, {"key": "compensation-received", "type": "definition", "offset": [1386, 1407]}, {"key": "agent-from", "type": "definition", "offset": [1421, 1431]}, {"key": "sale-of-placement-shares", "type": "clause", "offset": [1436, 1460]}, {"key": "behalf-of-the-company", "type": "clause", "offset": [1464, 1485]}, {"key": "the-allocation", "type": "clause", "offset": [1504, 1518]}, {"key": "not-permitted", "type": "clause", "offset": [1557, 1570]}, {"key": "applicable-law", "type": "definition", "offset": [1574, 1588]}, {"key": "allocation-of", "type": "clause", "offset": [1594, 1607]}, {"key": "relative-fault", "type": "clause", "offset": [1765, 1779]}, {"key": "with-respect-to", "type": "clause", "offset": [1848, 1863]}, {"key": "equitable-considerations", "type": "clause", "offset": [2016, 2040]}, {"key": "reference-to", "type": "clause", "offset": [2115, 2127]}, {"key": "statement-of", "type": "clause", "offset": [2186, 2198]}, {"key": "material-fact", "type": "clause", "offset": [2201, 2214]}, {"key": "relates-to", "type": "definition", "offset": [2272, 2282]}, {"key": "information-supplied-by-the-company", "type": "clause", "offset": [2283, 2318]}, {"key": "intent-of-the-parties", "type": "clause", "offset": [2343, 2364]}, {"key": "access-to-information", "type": "clause", "offset": [2395, 2416]}, {"key": "to-be-determined", "type": "definition", "offset": [2613, 2629]}, {"key": "pro-rata-allocation", "type": "clause", "offset": [2633, 2652]}, {"key": "method-of-allocation", "type": "clause", "offset": [2669, 2689]}, {"key": "take-into-account", "type": "definition", "offset": [2704, 2721]}, {"key": "an-indemnified-party", "type": "clause", "offset": [2801, 2821]}, {"key": "for-the-purpose-of-this", "type": "clause", "offset": [2982, 3005]}, {"key": "consistent-with-section", "type": "clause", "offset": [3179, 3202]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [3246, 3272]}, {"key": "agent-shall", "type": "definition", "offset": [3289, 3300]}, {"key": "no-person", "type": "clause", "offset": [3411, 3420]}, {"key": "any-person", "type": "definition", "offset": [3564, 3574]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [3632, 3660]}, {"key": "party-to-this-agreement", "type": "definition", "offset": [3693, 3716]}, {"key": "rights-to-contribution", "type": "clause", "offset": [3777, 3799]}, {"key": "affiliate-of", "type": "definition", "offset": [3925, 3937]}, {"key": "officer-of-the-company", "type": "definition", "offset": [4026, 4048]}, {"key": "the-company-will", "type": "clause", "offset": [4108, 4124]}, {"key": "each-case", "type": "definition", "offset": [4189, 4198]}, {"key": "the-provisions", "type": "clause", "offset": [4202, 4216]}, {"key": "commencement-of", "type": "clause", "offset": [4297, 4312]}, {"key": "action-against", "type": "clause", "offset": [4317, 4331]}, {"key": "such-party", "type": "clause", "offset": [4332, 4342]}, {"key": "in-respect-of", "type": "definition", "offset": [4343, 4356]}, {"key": "party-or-parties", "type": "definition", "offset": [4446, 4462]}, {"key": "other-obligation", "type": "clause", "offset": [4616, 4632]}, {"key": "except-to-the-extent", "type": "clause", "offset": [4677, 4697]}, {"key": "failure-to", "type": "clause", "offset": [4707, 4717]}, {"key": "other-party", "type": "definition", "offset": [4733, 4744]}, {"key": "substantive-rights", "type": "clause", "offset": [4771, 4789]}, {"key": "the-party", "type": "clause", "offset": [4805, 4814]}, {"key": "a-settlement", "type": "clause", "offset": [4860, 4872]}, {"key": "entered-into", "type": "clause", "offset": [4873, 4885]}, {"key": "the-last-sentence", "type": "clause", "offset": [4898, 4915]}, {"key": "no-party", "type": "clause", "offset": [4940, 4948]}, {"key": "written-consent", "type": "definition", "offset": [5037, 5052]}, {"key": "pursuant-to-section", "type": "clause", "offset": [5081, 5100]}], "snippet": "In order to provide for just and equitable contribution in circumstances in which the indemnification provided for in the foregoing paragraphs of this Section 9 is applicable in accordance with its terms but for any reason is held to be unavailable from the Company or the Sales Agent, the Company and the Sales Agent will contribute to the total losses, claims, liabilities, expenses and damages (including any investigative, legal and other expenses reasonably incurred in connection with, and any amount paid in settlement of, any action, suit or proceeding or any claim asserted, but after deducting any contribution received by the Company from persons other than the Sales Agent, such as persons who control the Company within the meaning of the Securities Act, officers of the Company who signed the Registration Statement and directors of the Company, who also may be liable for contribution) to which the Company and the Sales Agent may be subject in such proportion as shall be appropriate to reflect the relative benefits received by the Company on the one hand and the Sales Agent on the other. The relative benefits received by the Company on the one hand and the Sales Agent on the other hand shall be deemed to be in the same proportion as the total Net Proceeds from the sale of the Placement Shares (before deducting expenses) received by the Company bear to the total compensation received by the Sales Agent from the sale of Placement Shares on behalf of the Company. If, but only if, the allocation provided by the foregoing sentence is not permitted by applicable law, the allocation of contribution shall be made in such proportion as is appropriate to reflect not only the relative benefits referred to in the foregoing sentence but also the relative fault of the Company, on the one hand, and the Sales Agent, on the other, with respect to the statements or omission that resulted in such loss, claim, liability, expense or damage, or action in respect thereof, as well as any other relevant equitable considerations with respect to such offering. Such relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company or the Sales Agent, the intent of the parties and their relative knowledge, access to information and opportunity to correct or prevent such statement or omission. The Company and the Sales Agent agree that it would not be just and equitable if contributions pursuant to this Section 9(d) were to be determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to herein. The amount paid or payable by an indemnified party as a result of the loss, claim, liability, expense, or damage, or action in respect thereof, referred to above in this Section 9(d) shall be deemed to include, for the purpose of this Section 9(d), any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim to the extent consistent with Section 9(c) hereof. Notwithstanding the foregoing provisions of this Section 9(d), the Sales Agent shall not be required to contribute any amount in excess of the commissions received by it under this Agreement and no person found guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this Section 9(d), any person who controls a party to this Agreement within the meaning of the Securities Act will have the same rights to contribution as that party (and any officers, directors, members, partners, employees or agents of the Sales Agent and each broker dealer affiliate of the Sales Agent will have the same rights to contribution as the Sales Agent), and each officer of the Company who signed the Registration Statement and each director of the Company will have the same rights to contribution as the Company, subject in each case to the provisions hereof. Any party entitled to contribution, promptly after receipt of notice of commencement of any action against such party in respect of which a claim for contribution may be made under this Section 9(d), will notify any such party or parties from whom contribution may be sought, but the omission to so notify will not relieve that party or parties from whom contribution may be sought from any other obligation it or they may have under this Section 9(d) except to the extent that the failure to so notify such other party materially prejudiced the substantive rights or defenses of the party from whom contribution is sought. Except for a settlement entered into pursuant to the last sentence of Section 9(c) hereof, no party will be liable for contribution with respect to any action or claim settled without its written consent if such consent is required pursuant to Section 9(c) hereof.", "samples": [{"hash": "faa4bMvgS2Y", "uri": "/contracts/faa4bMvgS2Y#contribution", "label": "Sales Agreement (Maris Tech Ltd.)", "score": 37.2409324646, "published": true}, {"hash": "8zOiuMi1Abi", "uri": "/contracts/8zOiuMi1Abi#contribution", "label": "Sales Agreement (LQR House Inc.)", "score": 37.1916503906, "published": true}, {"hash": "cdcz5lRwbGO", "uri": "/contracts/cdcz5lRwbGO#contribution", "label": "Sales Agreement (Upexi, Inc.)", "score": 37.0930862427, "published": true}], "size": 825, "hash": "d87011500061fd7eb66960d32515b25d", "id": 12}, {"snippet_links": [{"key": "the-indemnification", "type": "definition", "offset": [3, 22]}, {"key": "government-agency", "type": "clause", "offset": [79, 96]}, {"key": "competent-jurisdiction", "type": "clause", "offset": [100, 122]}, {"key": "in-respect-of", "type": "definition", "offset": [207, 220]}, {"key": "indemnifying-party", "type": "definition", "offset": [248, 266]}, {"key": "in-lieu-of", "type": "clause", "offset": [268, 278]}, {"key": "amount-paid", "type": "definition", "offset": [340, 351]}, {"key": "relative-fault", "type": "clause", "offset": [466, 480]}, {"key": "in-connection-with", "type": "clause", "offset": [566, 584]}, {"key": "equitable-considerations", "type": "clause", "offset": [673, 697]}, {"key": "in-no-event-shall", "type": "clause", "offset": [723, 740]}, {"key": "selling-holder", "type": "clause", "offset": [746, 760]}, {"key": "aggregate-amount", "type": "clause", "offset": [790, 806]}, {"key": "dollar-amount", "type": "clause", "offset": [824, 837]}, {"key": "selling-expenses", "type": "definition", "offset": [858, 874]}, {"key": "received-by", "type": "definition", "offset": [876, 887]}, {"key": "sale-of-registrable-securities", "type": "clause", "offset": [917, 947]}, {"key": "reference-to", "type": "clause", "offset": [1108, 1120]}, {"key": "statement-of", "type": "clause", "offset": [1179, 1191]}, {"key": "material-fact", "type": "clause", "offset": [1194, 1207]}, {"key": "relates-to", "type": "definition", "offset": [1290, 1300]}, {"key": "information-supplied", "type": "clause", "offset": [1302, 1322]}, {"key": "such-party", "type": "clause", "offset": [1326, 1336]}, {"key": "access-to-information", "type": "clause", "offset": [1383, 1404]}, {"key": "the-parties-hereto-agree-that", "type": "clause", "offset": [1471, 1500]}, {"key": "pursuant-to", "type": "clause", "offset": [1553, 1564]}, {"key": "to-be-determined", "type": "definition", "offset": [1585, 1601]}, {"key": "pro-rata-allocation", "type": "clause", "offset": [1605, 1624]}, {"key": "method-of-allocation", "type": "clause", "offset": [1641, 1661]}, {"key": "an-indemnified-party", "type": "clause", "offset": [1760, 1780]}, {"key": "legal-and-other-expenses", "type": "definition", "offset": [1890, 1914]}, {"key": "any-loss", "type": "definition", "offset": [2007, 2015]}, {"key": "subject-of", "type": "clause", "offset": [2028, 2038]}, {"key": "no-person-guilty-of-fraudulent-misrepresentation", "type": "clause", "offset": [2055, 2103]}, {"key": "meaning-of", "type": "clause", "offset": [2116, 2126]}, {"key": "the-securities-act", "type": "clause", "offset": [2144, 2162]}, {"key": "any-person", "type": "definition", "offset": [2203, 2213]}], "snippet": "If the indemnification provided for in this Section 2.09 is held by a court or government agency of competent jurisdiction to be unavailable to any indemnified party or is insufficient to hold them harmless in respect of any Losses, then each such indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such Loss in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of such indemnified party on the other in connection with the statements or omissions that resulted in such Losses, as well as any other relevant equitable considerations; provided, however, that in no event shall such Selling Holder be required to contribute an aggregate amount in excess of the dollar amount of proceeds (net of Selling Expenses) received by such Selling Holder from the sale of Registrable Securities giving rise to such indemnification. The relative fault of the indemnifying party on the one hand and the indemnified party on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact has been made by, or relates to, information supplied by such party, and the parties\u2019 relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The parties hereto agree that it would not be just and equitable if contributions pursuant to this paragraph were to be determined by pro rata allocation or by any other method of allocation that does not take account of the equitable considerations referred to herein. The amount paid by an indemnified party as a result of the Losses referred to in the first sentence of this paragraph shall be deemed to include any legal and other expenses reasonably incurred by such indemnified party in connection with investigating or defending any Loss that is the subject of this paragraph. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who is not guilty of such fraudulent misrepresentation.", "samples": [{"hash": "9xfZx4Rq2UA", "uri": "/contracts/9xfZx4Rq2UA#contribution", "label": "Registration Rights Agreement (Crestwood Equity Partners LP)", "score": 32.244354248, "published": true}, {"hash": "iNG3Kv7Zj1o", "uri": "/contracts/iNG3Kv7Zj1o#contribution", "label": "Registration Rights Agreement (Enviva Partners, LP)", "score": 31.4777545929, "published": true}, {"hash": "gYohKyZCsnz", "uri": "/contracts/gYohKyZCsnz#contribution", "label": "Common Unit Purchase Agreement (Enviva Partners, LP)", "score": 31.4640655518, "published": true}], "size": 747, "hash": "150e16641fd3ce37c593b88eb5847a54", "id": 15}, {"snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [0, 13]}, {"key": "indemnification-by", "type": "definition", "offset": [18, 36]}, {"key": "indemnifying-party", "type": "definition", "offset": [40, 58]}, {"key": "agrees-to", "type": "clause", "offset": [115, 124]}, {"key": "maximum-contribution", "type": "clause", "offset": [134, 154]}, {"key": "with-respect-to", "type": "clause", "offset": [155, 170]}, {"key": "under-section-6", "type": "clause", "offset": [222, 237]}, {"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [238, 276]}, {"key": "no-contribution", "type": "clause", "offset": [306, 321]}, {"key": "in-section-6", "type": "clause", "offset": [455, 467]}, {"key": "no-seller", "type": "clause", "offset": [474, 483]}, {"key": "registrable-securities", "type": "clause", "offset": [487, 509]}, {"key": "meaning-of", "type": "clause", "offset": [561, 571]}, {"key": "the-\u2587", "type": "clause", "offset": [589, 594]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [802, 834]}, {"key": "net-amount", "type": "clause", "offset": [910, 920]}, {"key": "received-by", "type": "definition", "offset": [933, 944]}, {"key": "sale-of", "type": "clause", "offset": [966, 973]}], "snippet": "To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however, that (i) no contribution shall be made under circumstances where the maker would not have been liable for indemnification under the fault standards set forth in Section 6, (ii) no seller of Registrable Securities guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the \u2587\u2587\u2587\u2587 \u2587\u2587\u2587) shall be entitled to contribution from any seller of Registrable Securities who was not guilty of such fraudulent misrepresentation, and (iii)contribution (together with any indemnification or other obligations under this Agreement) by any seller of Registrable Securities shall be limited in amount to the net amount of proceeds received by such seller from the sale of such Registrable Securities.", "samples": [{"hash": "zFEANkEAxK", "uri": "/contracts/zFEANkEAxK#contribution", "label": "Registration Rights Agreement (Univec Inc)", "score": 21.7255306244, "published": true}, {"hash": "5yo9IcZPJvu", "uri": "/contracts/5yo9IcZPJvu#contribution", "label": "Registration Rights Agreement (Med Gen Inc)", "score": 21.2491436005, "published": true}, {"hash": "neOZAEEJbd", "uri": "/contracts/neOZAEEJbd#contribution", "label": "Registration Rights Agreement (Earth Biofuels Inc)", "score": 21.0, "published": true}], "size": 845, "hash": "bdcdb43034e9544a1762bd11d344c4fb", "id": 11}, {"snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [0, 13]}, {"key": "indemnification-by", "type": "definition", "offset": [18, 36]}, {"key": "indemnifying-party", "type": "definition", "offset": [40, 58]}, {"key": "agrees-to", "type": "clause", "offset": [115, 124]}, {"key": "maximum-contribution", "type": "clause", "offset": [134, 154]}, {"key": "with-respect-to", "type": "clause", "offset": [155, 170]}, {"key": "under-section-6", "type": "clause", "offset": [222, 237]}, {"key": "to-the-fullest-extent-permitted-by-law", "type": "clause", "offset": [238, 276]}, {"key": "no-contribution", "type": "clause", "offset": [301, 316]}, {"key": "in-section-6", "type": "clause", "offset": [450, 462]}, {"key": "this-agreement", "type": "clause", "offset": [466, 480]}, {"key": "no-person", "type": "clause", "offset": [487, 496]}, {"key": "sale-of-registrable-securities", "type": "clause", "offset": [513, 543]}, {"key": "meaning-of", "type": "clause", "offset": [611, 621]}, {"key": "the-securities-act", "type": "clause", "offset": [639, 657]}, {"key": "in-connection-with", "type": "clause", "offset": [659, 677]}, {"key": "any-person", "type": "definition", "offset": [727, 737]}, {"key": "net-proceeds", "type": "clause", "offset": [945, 957]}, {"key": "received-by", "type": "definition", "offset": [958, 969]}, {"key": "applicable-sale", "type": "definition", "offset": [991, 1006]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1038, 1054]}, {"key": "registration-statement", "type": "clause", "offset": [1055, 1077]}, {"key": "this-section-7", "type": "clause", "offset": [1113, 1127]}, {"key": "in-the-aggregate", "type": "definition", "offset": [1179, 1195]}, {"key": "the-net", "type": "clause", "offset": [1241, 1248]}, {"key": "by-the-investor", "type": "clause", "offset": [1276, 1291]}, {"key": "sale-of-the", "type": "clause", "offset": [1312, 1323]}, {"key": "the-claim", "type": "definition", "offset": [1358, 1367]}, {"key": "to-pay", "type": "clause", "offset": [1448, 1454]}, {"key": "untrue-statement", "type": "clause", "offset": [1550, 1566]}], "snippet": "To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however: (i) no contribution shall be made under circumstances where the maker would not have been liable for indemnification under the fault standards set forth in Section 6 of this Agreement, (ii) no Person involved in the sale of Registrable Securities which Person is guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) in connection with such sale shall be entitled to contribution from any Person involved in such sale of Registrable Securities who was not guilty of fraudulent misrepresentation; and (iii) contribution by any seller of Registrable Securities shall be limited in amount to the amount of net proceeds received by such seller from the applicable sale of such Registrable Securities pursuant to such Registration Statement. Notwithstanding the provisions of this Section 7, the Investor shall not be required to contribute, in the aggregate, any amount in excess of the amount by which the net proceeds actually received by the Investor from the applicable sale of the Registrable Securities subject to the Claim exceeds the amount of any damages that the Investor has otherwise been required to pay, or would otherwise be required to pay under Section 6(b), by reason of such untrue or alleged untrue statement or omission or alleged omission.", "samples": [{"hash": "l2QwXNsB30R", "uri": "/contracts/l2QwXNsB30R#contribution", "label": "Registration Rights Agreement (Reliance Global Group, Inc.)", "score": 37.3449691992, "published": true}, {"hash": "aOsNHr0UNSd", "uri": "/contracts/aOsNHr0UNSd#contribution", "label": "Registration Rights Agreement (Direct Digital Holdings, Inc.)", "score": 37.3203277588, "published": true}, {"hash": "bHxwcK81zEe", "uri": "/contracts/bHxwcK81zEe#contribution", "label": 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"clause", "offset": [2256, 2274]}, {"key": "events-that", "type": "clause", "offset": [2294, 2305]}, {"key": "settlement-amounts", "type": "clause", "offset": [2353, 2371]}, {"key": "equitable-considerations", "type": "clause", "offset": [2394, 2418]}, {"key": "applicable-law", "type": "definition", "offset": [2425, 2439]}, {"key": "to-be-considered", "type": "clause", "offset": [2452, 2468]}, {"key": "agrees-to", "type": "clause", "offset": [3032, 3041]}, {"key": "indemnify-and-hold", "type": "clause", "offset": [3048, 3066]}, {"key": "claims-of", "type": "clause", "offset": [3096, 3105]}, {"key": "to-the-fullest-extent", "type": "clause", "offset": [3263, 3284]}, {"key": "in-this-agreement", "type": "definition", "offset": [3355, 3372]}, {"key": "to-indemnitee", "type": "definition", "offset": [3388, 3401]}, {"key": "in-lieu-of", "type": "clause", "offset": [3442, 3452]}, {"key": "amount-incurred", "type": "definition", "offset": [3502, 3517]}, {"key": "excise-taxes", "type": "definition", "offset": [3574, 3586]}, {"key": "relating-to", "type": "definition", "offset": [3679, 3690]}, {"key": "indemnifiable-event", "type": "definition", "offset": [3694, 3713]}, {"key": "fair-and-reasonable", "type": "clause", "offset": [3768, 3787]}, {"key": "in-order-to", "type": "clause", "offset": [3844, 3855]}, {"key": "the-company-and-indemnitee", "type": "clause", "offset": [3902, 3928]}, {"key": "employees-and-agents", "type": "definition", "offset": [4087, 4107]}], "snippet": "(a) Whether or not the indemnification provided in Sections 1 and 2 hereof is available, in respect of any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), the Company shall pay, in the first instance, the entire amount of any judgment or settlement of such action, suit or proceeding without requiring Indemnitee to contribute to such payment and the Company hereby waives and relinquishes any right of contribution it may have against Indemnitee. The Company shall not enter into any settlement of any action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding) unless such settlement provides for a full and final release of all claims asserted against Indemnitee.\n(b) Without diminishing or impairing the obligations of the Company set forth in the preceding subparagraph, if, for any reason, Indemnitee shall elect or be required to pay all or any portion of any judgment or settlement in any threatened, pending or completed action, suit or proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), the Company shall contribute to the amount of Expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred and paid or payable by Indemnitee in proportion to the relative benefits received by the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction or events from which such action, suit or proceeding arose; provided, however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all officers, directors or employees of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, in connection with the transaction or events that resulted in such expenses, judgments, fines or settlement amounts, as well as any other equitable considerations which applicable law may require to be considered. The relative fault of the Company and all officers, directors or employees of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such action, suit or proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or passive.\n(c) The Company hereby agrees to fully indemnify and hold Indemnitee harmless from any claims of contribution which may be brought by officers, directors, or employees of the Company, other than Indemnitee, who may be jointly liable with Indemnitee.\n(d) To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding and/or (ii) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s).", "samples": [{"hash": "fZH1wXqGfyC", "uri": "/contracts/fZH1wXqGfyC#contribution", "label": "Indemnification Agreement (Odyssey Therapeutics, Inc.)", "score": 37.2902107239, "published": true}, {"hash": "khhnEawcLzm", "uri": "/contracts/khhnEawcLzm#contribution", "label": 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such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company on the one hand and the Underwriters on the other from the offering of the Securities or (ii) if the allocation provided by clause (i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Company on the one hand and the Underwriters on the other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations. The relative benefits received by the Company on the one hand and the Underwriters on the other shall be deemed to be in the same respective proportions as the net proceeds (before deducting expenses) received by the Company from the sale of the Securities and the total underwriting discounts and commissions received by the Underwriters in connection therewith, in each case as set forth in the table on the cover of the Prospectus, bear to the aggregate offering price of the Securities. The relative fault of the Company on the one hand and the Underwriters on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or by the Underwriters and the parties\u2019 relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.", "samples": [{"hash": "kXbhQuDGxiW", "uri": "/contracts/kXbhQuDGxiW#contribution", "label": "Underwriting Agreement (Broadridge Financial Solutions, Inc.)", "score": 37.3422317505, "published": true}, {"hash": "jRhY8bwqEkH", "uri": "/contracts/jRhY8bwqEkH#contribution", "label": "Underwriting Agreement (Affiliated Managers Group, Inc.)", "score": 36.9425048828, "published": true}, {"hash": "8FyCxh7ug5b", "uri": "/contracts/8FyCxh7ug5b#contribution", "label": "Underwriting Agreement (Raymond James Financial Inc)", 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"definition", "offset": [4279, 4288]}, {"key": "initial-securities", "type": "definition", "offset": [4289, 4307]}, {"key": "schedule-a", "type": "definition", "offset": [4353, 4363]}], "snippet": "If the indemnification provided for in Section 6 hereof is for any reason unavailable to or insufficient to hold harmless an indemnified party in respect of any losses, liabilities, claims, damages or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount of such losses, liabilities, claims, damages and expenses incurred by such indemnified party, as incurred, (i) in such proportion as is appropriate to reflect the relative benefits received by the Company, on the one hand, and the Underwriters, on the other hand, from the offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause (i) 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, on the one hand, and of the Underwriters, on the other hand, in connection with the statements or omissions which resulted in such losses, liabilities, claims, damages or expenses, as well as any other relevant equitable considerations. The relative benefits received by the Company, on the one hand, and the Underwriters, on the other hand, in connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions as the total net proceeds from the offering of the Securities pursuant to this Agreement (before deducting expenses) received by the Company, on the one hand, and the total underwriting discount received by the Underwriters, on the other hand, in each case as set forth on the cover of the Prospectus, bear to the aggregate initial public offering price of the Securities as set forth on the cover of the Prospectus. The relative fault of the Company, on the one hand, and the Underwriters, on the other hand, shall be determined by reference to, among other things, whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company or by the Underwriters and the parties\u2019 relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The Company and the Underwriters agree that it would not be just and equitable if contribution pursuant to this Section 7 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to above in this Section 7. The aggregate amount of losses, liabilities, claims, damages and expenses incurred by an indemnified party and referred to above in this Section 7 shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in investigating, preparing or defending against any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue or alleged untrue statement or omission or alleged omission. Notwithstanding the provisions of this Section 7, no Underwriter shall be required to contribute any amount in excess of the underwriting commissions received by such Underwriter in connection with the Shares underwritten by it and distributed to the public. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the \u2587\u2587\u2587\u2587 \u2587\u2587\u2587) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this Section 7, each person, if any, who controls an Underwriter within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act and each Underwriter\u2019s Affiliates and selling agents shall have the same rights to contribution as such Underwriter, and each director of the Company, each officer of the Company who signed the Registration Statement, and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act shall have the same rights to contribution as the Company. The Underwriters\u2019 respective obligations to contribute pursuant to this Section 7 are several in proportion to the number of Initial Securities set forth opposite their respective names in Schedule A hereto and not joint.", "samples": [{"hash": "iQOYsBrI8Cu", "uri": "/contracts/iQOYsBrI8Cu#contribution", "label": "Underwriting Agreement (Swiftmerge Acquisition Corp.)", "score": 32.9671440125, "published": true}, {"hash": "enMQbeFvNAX", "uri": "/contracts/enMQbeFvNAX#contribution", "label": "Underwriting Agreement (Swiftmerge Acquisition Corp.)", "score": 32.8138275146, "published": true}, {"hash": "msBDyaa9Xs", "uri": "/contracts/msBDyaa9Xs#contribution", "label": "Underwriting Agreement (Swiftmerge Acquisition Corp.)", "score": 32.7563323975, "published": true}], "size": 668, "hash": "45d5785a73be3b7f77c47f23d99c83be", "id": 19}, {"snippet_links": [{"key": "the-indemnification", "type": "definition", "offset": [3, 22]}, {"key": "an-indemnified-person", "type": "clause", "offset": [86, 107]}, {"key": "in-respect-of", "type": "definition", "offset": [124, 137]}, {"key": "indemnifying-person", "type": "definition", "offset": [212, 231]}, {"key": "in-lieu-of", "type": "clause", "offset": [254, 264]}, {"key": "amount-paid", "type": "definition", "offset": [338, 349]}, {"key": "received-by-the-company", "type": "definition", "offset": [521, 544]}, {"key": "offering-of-the-securities", "type": "clause", "offset": [608, 634]}, {"key": "the-allocation", "type": "clause", "offset": [646, 660]}, {"key": "not-permitted", "type": "clause", "offset": [687, 700]}, {"key": "applicable-law", "type": "definition", "offset": [704, 718]}, {"key": "in-clause", "type": "clause", "offset": [811, 820]}, {"key": "relative-fault", "type": "clause", "offset": [838, 852]}, {"key": "of-the-company", "type": "clause", "offset": [853, 867]}, {"key": "in-connection-with", "type": "clause", "offset": [922, 940]}, {"key": "equitable-considerations", "type": "clause", "offset": [1061, 1085]}, {"key": "respective-proportions", "type": "definition", "offset": [1221, 1243]}, {"key": "net-proceeds", "type": "clause", "offset": [1251, 1263]}, {"key": "sale-of-the-securities", "type": "clause", "offset": [1325, 1347]}, {"key": "the-total", "type": "clause", "offset": [1352, 1361]}, {"key": "underwriting-discounts-and-commissions", "type": "clause", "offset": [1362, 1400]}, {"key": "by-the-underwriters", "type": "clause", "offset": [1410, 1429]}, {"key": "each-case", "type": "definition", "offset": [1458, 1467]}, {"key": "the-cover", "type": "clause", "offset": [1497, 1506]}, {"key": "the-prospectus", "type": "definition", "offset": [1510, 1524]}, {"key": "price-of-the", "type": "clause", "offset": [1557, 1569]}, {"key": "reference-to", "type": "clause", "offset": [1693, 1705]}, {"key": "statement-of", "type": "clause", "offset": [1764, 1776]}, {"key": "material-fact", "type": "clause", "offset": [1779, 1792]}, {"key": "relates-to", "type": "definition", "offset": [1854, 1864]}, {"key": "information-supplied-by-the-company", "type": "clause", "offset": [1865, 1900]}, {"key": "the-parties", "type": "definition", "offset": [1928, 1939]}, {"key": "access-to-information", "type": "clause", "offset": [1969, 1990]}], "snippet": "If the indemnification provided for in paragraphs (a) and (b) above is unavailable to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying Person under such paragraph, in lieu of indemnifying such Indemnified Person thereunder, shall contribute to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company, on the one hand, and the Underwriters, on the other, from the offering of the Securities or (ii) if the allocation provided by clause (i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Company, on the one hand, and the Underwriters, on the other, in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations. The relative benefits received by the Company, on the one hand, and the Underwriters, on the other, shall be deemed to be in the same respective proportions as the net proceeds (before deducting expenses) received by the Company from the sale of the Securities and the total underwriting discounts and commissions received by the Underwriters in connection therewith, in each case as set forth in the table on the cover of the Prospectus, bear to the aggregate offering price of the Securities. The relative fault of the Company, on the one hand, and the Underwriters, on the other, shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or by the Underwriters and the parties\u2019 relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.", "samples": [{"hash": "2lfnkjc1iSi", "uri": "/contracts/2lfnkjc1iSi#contribution", "label": "Underwriting Agreement (Redwood Trust Inc)", "score": 36.882270813, "published": true}, {"hash": "8J2RODb0yL9", "uri": "/contracts/8J2RODb0yL9#contribution", "label": "Underwriting Agreement (Redwood Trust Inc)", "score": 36.0444908142, "published": true}, {"hash": "hxaXIoUuCK8", "uri": "/contracts/hxaXIoUuCK8#contribution", "label": "Underwriting Agreement (Synovus Financial Corp)", "score": 35.8336753845, "published": true}], "size": 709, "hash": "0db4b1811fed9244c27559935edf62c0", "id": 17}, {"snippet_links": [{"key": "claim-for-indemnification", "type": "definition", "offset": [5, 30]}, {"key": "an-indemnified-party", "type": "clause", "offset": [76, 96]}, {"key": "authority-to-enforce", "type": "clause", "offset": [147, 167]}, {"key": "in-accordance-with", "type": "clause", "offset": [189, 207]}, {"key": "public-policy", "type": "clause", "offset": [232, 245]}, {"key": "indemnifying-party", "type": "definition", "offset": [271, 289]}, {"key": "in-lieu-of", "type": "clause", "offset": [291, 301]}, {"key": "amount-paid", "type": "definition", "offset": [363, 374]}, {"key": "relative-fault", "type": "clause", "offset": [492, 506]}, {"key": "in-connection-with", "type": "clause", "offset": [555, 573]}, {"key": "the-actions", "type": "clause", "offset": [574, 585]}, {"key": "equitable-considerations", "type": "clause", "offset": [670, 694]}, {"key": "reference-to", "type": "clause", "offset": [787, 799]}, {"key": "any-action", "type": "definition", "offset": [829, 839]}, {"key": "statement-of", "type": "clause", "offset": [892, 904]}, {"key": "omission-of-a-material-fact", "type": "definition", "offset": [944, 971]}, {"key": "relates-to", "type": "definition", "offset": [1003, 1013]}, {"key": "information-supplied", "type": "clause", "offset": [1014, 1034]}, {"key": "access-to-information", "type": "clause", "offset": [1131, 1152]}, {"key": "by-a-party", "type": "clause", "offset": [1254, 1264]}, {"key": "subject-to-the", "type": "definition", "offset": [1319, 1333]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [1377, 1397]}, {"key": "reasonable-fees", "type": "clause", "offset": [1408, 1423]}, {"key": "expenses-incurred", "type": "clause", "offset": [1427, 1444]}, {"key": "such-party", "type": "clause", "offset": [1448, 1458]}, {"key": "to-the-extent", "type": "clause", "offset": [1493, 1506]}, {"key": "the-indemnification", "type": "definition", "offset": [1575, 1594]}, {"key": "available-to", "type": "definition", "offset": [1628, 1640]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [1682, 1732]}, {"key": "the-holder", "type": "clause", "offset": [1741, 1751]}, {"key": "net-proceeds", "type": "clause", "offset": [1862, 1874]}, {"key": "sale-of-registrable-securities", "type": "clause", "offset": [1909, 1939]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1940, 1956]}, {"key": "registration-statement", "type": "clause", "offset": [1957, 1979]}, {"key": "the-parties-hereto-agree-that", "type": "clause", "offset": [1981, 2010]}, {"key": "if-contribution", "type": "definition", "offset": [2046, 2061]}, {"key": "pro-rata-allocation", "type": "clause", "offset": [2111, 2130]}, {"key": "method-of-allocation", "type": "clause", "offset": [2147, 2167]}, {"key": "take-into-account", "type": "definition", "offset": [2182, 2199]}, {"key": "no-person-guilty-of-fraudulent-misrepresentation", "type": "clause", "offset": [2281, 2329]}, {"key": "meaning-of", "type": "clause", "offset": [2342, 2352]}, {"key": "the-securities-act", "type": "clause", "offset": [2370, 2388]}, {"key": "any-person", "type": "definition", "offset": [2429, 2439]}, {"key": "contribution-agreements", "type": "clause", "offset": [2515, 2538]}, {"key": "contained-in", "type": "definition", "offset": [2539, 2551]}, {"key": "in-addition-to", "type": "clause", "offset": [2569, 2583]}, {"key": "indemnifying-parties", "type": "definition", "offset": [2607, 2627]}, {"key": "indemnified-parties", "type": "definition", "offset": [2644, 2663]}], "snippet": "If a claim for indemnification under Section 5(a) or 5(b) is unavailable to an Indemnified Party because of a failure or refusal of a governmental authority to enforce such indemnification in accordance with its terms (by reason of public policy or otherwise), then each Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such Losses, in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party and Indemnified Party in connection with the actions, statements or omissions that resulted in such Losses as well as any other relevant equitable considerations. The relative fault of such Indemnifying Party and Indemnified Party shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged untrue statement of a material fact or omission or alleged omission of a material fact, has been taken or made by, or relates to information supplied by, such Indemnifying, Party or Indemnified Party, and the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such action, statement or omission. The amount paid or payable by a party as a result of any Losses shall be deemed to include, subject to the limitations set forth in Section 5(c), any reasonable attorneys' or other reasonable fees or expenses incurred by such party in connection with any Proceeding to the extent such party would have been indemnified for such fees or expenses if the indemnification provided for in this Section was available to such party in accordance with its terms. Notwithstanding anything to the contrary contained herein, the Holder shall be liable or required to contribute under this Section 5(c) for only that amount as does not exceed the net proceeds to such Holder as a result of the sale of Registrable Securities pursuant to such Registration Statement. The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 5(d) were determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to in the immediately preceding paragraph. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The indemnity and contribution agreements contained in this Section are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties", "samples": [{"hash": "lCWfifJULY4", "uri": "/contracts/lCWfifJULY4#contribution", "label": "Securities Purchase Agreement (Cynet Inc)", "score": 18.0, "published": true}, {"hash": "lAFMBpit9F9", "uri": "/contracts/lAFMBpit9F9#contribution", "label": "Registration Rights Agreement (Esynch Corp/Ca)", "score": 18.0, "published": true}, {"hash": "kzphSs4lKog", "uri": "/contracts/kzphSs4lKog#contribution", "label": "Registration Rights Agreement (Starbase Corp)", "score": 18.0, "published": true}], "size": 679, "hash": "7defc1d5b2d780fa5b6394761bf29552", "id": 18}, {"snippet_links": [{"key": "the-indemnification", "type": "definition", "offset": [3, 22]}, {"key": "section-7", "type": "clause", "offset": [39, 48]}, {"key": "for-any-reason", "type": "clause", "offset": [59, 73]}, {"key": "to-hold-harmless", "type": "clause", "offset": [105, 121]}, {"key": "an-indemnified-party", "type": "clause", "offset": [122, 142]}, {"key": "in-respect-of", "type": "definition", "offset": [143, 156]}, {"key": "indemnifying-party", "type": "definition", "offset": [241, 259]}, {"key": "aggregate-amount", "type": "clause", "offset": [284, 300]}, {"key": "expenses-incurred", "type": "clause", "offset": [350, 367]}, {"key": "received-by-the-company", "type": "definition", "offset": [482, 505]}, {"key": "the-selling-shareholder", "type": "clause", "offset": [520, 543]}, {"key": "the-other-hand", "type": "clause", "offset": [587, 601]}, {"key": "offering-of-the-securities", "type": "clause", "offset": [612, 638]}, {"key": "agreement-or", "type": "definition", "offset": [656, 668]}, {"key": "the-allocation", "type": "clause", "offset": [677, 691]}, {"key": "not-permitted", "type": "clause", "offset": [718, 731]}, {"key": "applicable-law", "type": "definition", "offset": [735, 749]}, {"key": "in-clause", "type": "clause", "offset": [842, 851]}, {"key": "relative-fault", "type": "clause", "offset": [875, 889]}, {"key": "in-connection-with", "type": "clause", "offset": [1002, 1020]}, {"key": "equitable-considerations", "type": "clause", "offset": [1152, 1176]}, {"key": "respective-proportions", "type": "definition", "offset": [1432, 1454]}, {"key": "total-net-proceeds", "type": "definition", "offset": [1462, 1480]}, {"key": "total-underwriting-discount", "type": "definition", "offset": [1660, 1687]}, {"key": "by-the-underwriters", "type": "clause", "offset": [1697, 1716]}, {"key": "each-case", "type": "definition", "offset": [1740, 1749]}, {"key": "the-cover", "type": "clause", "offset": [1766, 1775]}, {"key": "the-prospectus", "type": "definition", "offset": [1779, 1793]}, {"key": "public-offering-price-of-the-securities", "type": "definition", "offset": [1825, 1864]}, {"key": "reference-to", "type": "clause", "offset": [2064, 2076]}, {"key": "statement-of", "type": "clause", "offset": [2140, 2152]}, {"key": "material-fact", "type": "clause", "offset": [2155, 2168]}, {"key": "relates-to", "type": "definition", "offset": [2226, 2236]}, {"key": "information-supplied-by-the-company", "type": "clause", "offset": [2237, 2272]}, {"key": "the-case", "type": "definition", "offset": [2337, 2345]}, {"key": "access-to-information", "type": "clause", "offset": [2399, 2420]}, {"key": "the-parties-hereto-agree-that", "type": "clause", "offset": [2487, 2516]}, {"key": "if-contribution", "type": "definition", "offset": [2552, 2567]}, {"key": "section-8", "type": "clause", "offset": [2585, 2594]}, {"key": "pro-rata-allocation", "type": "clause", "offset": [2614, 2633]}, {"key": "method-of-allocation", "type": "clause", "offset": [2721, 2741]}, {"key": "amount-of-losses", "type": "clause", "offset": [2853, 2869]}, {"key": "other-expenses", "type": "clause", "offset": [3026, 3040]}, {"key": "investigation-or-proceeding", "type": "definition", "offset": [3159, 3186]}, {"key": "governmental-entity", "type": "definition", "offset": [3194, 3213]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [3372, 3398]}, {"key": "no-underwriter", "type": "clause", "offset": [3402, 3416]}, {"key": "such-underwriter", "type": "clause", "offset": [3511, 3527]}, {"key": "to-the-public", "type": "definition", "offset": [3597, 3610]}, {"key": "no-person-guilty-of-fraudulent-misrepresentation", "type": "clause", "offset": [3612, 3660]}, {"key": "meaning-of", "type": "clause", "offset": [3673, 3683]}, {"key": "the-\u2587", "type": "clause", "offset": [3701, 3706]}, {"key": "any-person", "type": "definition", "offset": [3754, 3764]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [3822, 3850]}, {"key": "each-person", "type": "clause", "offset": [3854, 3865]}, {"key": "section-15", "type": "clause", "offset": [3925, 3935]}, {"key": "the-1933-act", "type": "clause", "offset": [3939, 3951]}, {"key": "section-20", "type": "clause", "offset": [3955, 3965]}, {"key": "of-the-1934-act", "type": "clause", "offset": [3966, 3981]}, {"key": "selling-agents", "type": "clause", "offset": [4017, 4031]}, {"key": "officers-and-directors", "type": "clause", "offset": [4043, 4065]}, {"key": "rights-to-contribution", "type": "clause", "offset": [4086, 4108]}, {"key": "director-of-the-company", "type": "definition", "offset": [4139, 4162]}, {"key": "officer-of-the-company", "type": "definition", "offset": [4169, 4191]}, {"key": "the-registration-statement", "type": "clause", "offset": [4203, 4229]}, {"key": "respective-obligations", "type": "clause", "offset": [4437, 4459]}, {"key": "number-of-securities", "type": "clause", "offset": [4534, 4554]}, {"key": "schedule-a", "type": "definition", "offset": [4600, 4610]}], "snippet": "If the indemnification provided for in Section 7 hereof is for any reason unavailable to or insufficient to hold harmless an indemnified party in respect of any losses, liabilities, claims, damages or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount of such losses, liabilities, claims, damages and expenses incurred by such indemnified party, as incurred, (i) in such proportion as is appropriate to reflect the relative benefits received by the Company, the Bank and the Selling Shareholder, on the one hand, and the Underwriters, on the other hand, from the offering of the Securities pursuant to this Agreement or (ii) if the allocation provided by clause (i) 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, the Bank and the Selling Shareholder, on the one hand, and the Underwriters, on the other hand, in connection with the statements or omissions which resulted in such losses, liabilities, claims, damages or expenses, as well as any other relevant equitable considerations. The relative benefits received by the Company, the Bank and the Selling Shareholder, on the one hand, and the Underwriters, on the other hand, in connection with the offering of the Securities pursuant to this Agreement shall be deemed to be in the same respective proportions as the total net proceeds from the offering of the Securities pursuant to this Agreement (before deducting expenses) received by the Company, the Bank and the Selling Shareholder, on the one hand, and the total underwriting discount received by the Underwriters, on the other hand, in each case as set forth on the cover of the Prospectus, bear to the aggregate initial public offering price of the Securities as set forth on the cover of the Prospectus. The relative fault of the Company, the Bank and the Selling Shareholder, on the one hand, and the Underwriters, on the other hand, shall be determined by reference to, among other things, whether any such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company, the Bank or the Selling Shareholder or by the Underwriters, as the case may be, and the parties\u2019 relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to above in this Section 8. The aggregate amount of losses, liabilities, claims, damages and expenses incurred by an indemnified party and referred to above in this Section 8 shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in investigating, preparing or defending against any litigation, or any investigation or proceeding by any Governmental Entity, commenced or threatened, or any claim whatsoever based upon any such untrue or alleged untrue statement or omission or alleged omission. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the underwriting discount received by such Underwriter in connection with the Securities underwritten by it and distributed to the public. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the \u2587\u2587\u2587\u2587 \u2587\u2587\u2587) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this Section 8, each person, if any, who controls an Underwriter within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act and each Underwriter\u2019s Affiliates, selling agents, partners, officers and directors shall have the same rights to contribution as such Underwriter, and each director of the Company, each officer of the Company who signed the Registration Statement, and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act shall have the same rights to contribution as the Company. The Underwriters\u2019 respective obligations to contribute pursuant to this Section 8 are several in proportion to the number of Securities set forth opposite their respective names in Schedule A hereto and not joint.", "samples": [{"hash": "cHOKlM3r4XR", "uri": "/contracts/cHOKlM3r4XR#contribution", "label": "Underwriting Agreement (Mackinac Financial Corp /Mi/)", "score": 23.6529769897, "published": true}, {"hash": "8n97xW9S7eW", "uri": "/contracts/8n97xW9S7eW#contribution", "label": "Underwriting Agreement (Mackinac Financial Corp /Mi/)", "score": 23.6365509033, "published": true}, {"hash": "1D900JdSTcu", "uri": "/contracts/1D900JdSTcu#contribution", "label": "Underwriting Agreement (First National Corp /Va/)", "score": 23.6365509033, "published": true}], "size": 667, "hash": "8d5493cb605cfa8f45a0f801090c649b", "id": 20}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVjb250cmlidXRpb24jMDAwMDAwMTQMogECZW4YACAA", "clause": {"parents": [["indemnification", "Indemnification"], ["indemnification-and-contribution", "Indemnification and Contribution"], ["registration-rights", "Registration Rights"], ["miscellaneous", "Miscellaneous"], ["indemnification-contribution", "Indemnification Contribution"]], "children": [["contribution-rights", "Contribution Rights"], ["contribution-procedure", "Contribution Procedure"], ["notices", "Notices"], ["", ""], ["relative-fault", "Relative Fault"]], "size": 80578, "title": "Contribution", "id": "contribution", "related": [["subrogation-and-contribution", "Subrogation and Contribution", "Subrogation and <strong>Contribution</strong>"], ["the-contribution", "The Contribution", "The <strong>Contribution</strong>"], ["indemnification-contribution", "Indemnification; Contribution", "Indemnification; <strong>Contribution</strong>"], ["indemnity-and-contribution", "Indemnity and Contribution", "Indemnity and <strong>Contribution</strong>"], ["contribution-payment", "Contribution Payment", "<strong>Contribution</strong> Payment"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00", "also_ask": ["What are the most effective negotiation levers for limiting or expanding contribution obligations?", "Which essential elements must be included to ensure enforceability and clarity of the contribution clause?", "What are the primary risks or loopholes that could undermine the intended allocation of liability?", "How does this contribution clause compare to indemnity provisions under relevant law?", "What standards do courts apply to determine the validity and scope of contribution clauses in disputes?"], "drafting_tip": "Specify each party\u2019s contribution, define timing and method of delivery, and require documentation to ensure clarity, prevent disputes, and facilitate accountability.", "explanation": "The Contribution clause defines how responsibility for losses, damages, or liabilities is shared among multiple parties involved in an agreement. In practice, this clause outlines the proportion or method by which each party must contribute to covering costs or compensating for harm, often in situations where more than one party is found liable. For example, if two companies jointly cause a loss, the clause may specify that each pays an equal share or according to their degree of fault. Its core function is to allocate financial responsibility fairly and prevent one party from bearing the entire burden when multiple parties are at fault."}, "json": true, "cursor": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVjb250cmlidXRpb24jMDAwMDAwMGEMogECZW4YACAA"}}