Document ID: 13570

Text:
In addition to the foregoing, the Company and WTG III hereby acknowledge that certain of the Indemnified Persons may have rights to indemnification, advancement of expenses and/or insurance provided by certain of their respective affiliates (collectively, the Fund Indemnitors). The Company and WTG III hereby agree that (i)they are the indemnitor of first resort (i.e., their obligations to the Indemnified Persons are primary and any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for the same payment of expenses or liabilities incurred by any Indemnified Person are secondary), and (ii)no payment by the Fund Indemnitors on behalf of any Indemnified Person with respect to any claim for which such Indemnified Person has sought indemnification from the Company and/or WTG III hereunder shall affect the foregoing and the Fund Indemnitors shall have a right of contribution and/or subrogation to the extent of payment to all of the rights of recovery of such Indemnified Person against the Company and/or WTG III. The Company, WTG III and the Indemnified Persons agree that the Fund Indemnitors are express and intended third party beneficiaries of this paragraph.

Named Entities:
9
10
Parties

Tokenized Text:
In
addition
to
the
foregoing
,
the
Company
and
WTG
III
hereby
acknowledge
that
certain
of
the
Indemnified
Persons
may
have
rights
to
indemnification
,
advancement
of
expenses
and
/
or
insurance
provided
by
certain
of
their
respective
affiliates
(
collectively
,
the
Fund
Indemnitors
)
.
The
Company
and
WTG
III
hereby
agree
that
(
i
)
they
are
the
indemnitor
of
first
resort
(
i
.
e
.
,
their
obligations
to
the
Indemnified
Persons
are
primary
and
any
obligation
of
the
Fund
Indemnitors
to
advance
expenses
or
to
provide
indemnification
for
the
same
payment
of
expenses
or
liabilities
incurred
by
any
Indemnified
Person
are
secondary
)
,
and
(
ii
)
no
payment
by
the
Fund
Indemnitors
on
behalf
of
any
Indemnified
Person
with
respect
to
any
claim
for
which
such
Indemnified
Person
has
sought
indemnification
from
the
Company
and
/
or
WTG
III
hereunder
shall
affect
the
foregoing
and
the
Fund
Indemnitors
shall
have
a
right
of
contribution
and
/
or
subrogation
to
the
extent
of
payment
to
all
of
the
rights
of
recovery
of
such
Indemnified
Person
against
the
Company
and
/
or
WTG
III
.
The
Company
,
WTG
III
and
the
Indemnified
Persons
agree
that
the
Fund
Indemnitors
are
express
and
intended
third
party
beneficiaries
of
this
paragraph
.