Common use of Acquiree Shareholders Clause in Contracts

Acquiree Shareholders. The Acquiree Shareholders shall indemnify, defend and hold RCM harmless each according to his or her Shareholder Percentage from and against any and all demands, claims, actions or causes of action, judgments, assessments, losses, liabilities, damages or penalties and reasonable attorneys' fees and related disbursements (collectively, "Claims") incurred by RCM which arise out of or result from a misrepresentation, breach of warranty, or breach of any covenant of Acquiree or the Acquiree Shareholders contained herein or in the Schedules annexed hereto or in any certificate delivered at the Closing pursuant to this Agreement.

Appears in 1 contract

Sources: Stock Purchase Agreement (RCM Technologies Inc)

Acquiree Shareholders. The Acquiree Shareholders Shareholders, jointly and severally shall indemnify, defend and hold harmless RCM harmless each according to his or her Shareholder Percentage from and against any and all demands, claims, actions or causes of action, judgments, assessments, losses, liabilities, damages or penalties and reasonable attorneys' fees and related disbursements (collectively, "Claims") incurred by RCM which arise out of or result from a misrepresentation, breach of warranty, or breach of any covenant of Acquiree or the Acquiree Shareholders contained herein or in the Schedules annexed hereto or in any certificate delivered at other documents or instruments furnished by the Closing Acquiree or the Acquiree Shareholders pursuant to this Agreementhereto or in connection with the transactions contemplated hereby or thereby.

Appears in 1 contract

Sources: Stock Purchase Agreement (RCM Technologies Inc)