Document ID: 11324

Text:
6.8Indemnification. The Employer shall indemnify the Founder and hold the Founder harmless from liability for acts or decisions made by the Founder while performing services for the Employer to the greatest extent permitted by applicable law. The Employer shall use its best efforts to obtain coverage for the Founder under any insurance policy now in force or hereafter obtained during the term of this Agreement insuring officers and directors of the Employer against such liability. The Founder agrees to indemnify and to hold the Employer harmless from any and all damages, losses, claims, liabilities, costs, or expenses arising from the Founder 's acts or omissions in violation of his duties under this Agreement which constitute fraud, gross negligence, or willful and knowing violations of the terms of this Agreement.

Named Entities:

Tokenized Text:
6
.
8Indemnification
.
The
Employer
shall
indemnify
the
Founder
and
hold
the
Founder
harmless
from
liability
for
acts
or
decisions
made
by
the
Founder
while
performing
services
for
the
Employer
to
the
greatest
extent
permitted
by
applicable
law
.
The
Employer
shall
use
its
best
efforts
to
obtain
coverage
for
the
Founder
under
any
insurance
policy
now
in
force
or
hereafter
obtained
during
the
term
of
this
Agreement
insuring
officers
and
directors
of
the
Employer
against
such
liability
.
The
Founder
agrees
to
indemnify
and
to
hold
the
Employer
harmless
from
any
and
all
damages
,
losses
,
claims
,
liabilities
,
costs
,
or
expenses
arising
from
the
Founder
'
s
acts
or
omissions
in
violation
of
his
duties
under
this
Agreement
which
constitute
fraud
,
gross
negligence
,
or
willful
and
knowing
violations
of
the
terms
of
this
Agreement
.