Disclaimer and Compensation Clause Samples

Disclaimer and Compensation. 4.1 The Parties confirm that the Entrusted Company and the Cayman Company shall not be asked to bear any responsibilities for or compensate economically or otherwise any other parties for their designating or agreeing on the Entrusted Person’s exercise of the Entrusted Rights under the Agreement. 4.2 The Company and the Shareholders agree to compensate the Entrusted Company and the Cayman Company for all the losses or possible losses for designating or agreeing on the exercise of the Entrusted Rights by the Entrusted Person and prevent them from damages, including but not limited to any loss resulting from any lawsuits, claims, arbitrations or administrative investigation by governmental authorities or penalties against them filed by any third party; provided that if the loss is caused by the Entrusted Company’s intentional action or inaction, such loss shall not be included in the compensation.

Disclaimer and Compensation. 4.1 The parties confirm that in no case shall the WFOE be required to bear any liability or make any economic or other compensation to other parties or any third party in respect of the exercise of the Trusted Rights hereunder by the individual designated thereby.

Disclaimer and Compensation. 4.1 Each Party agrees that, in any cases, Party A shall not be required to assume any responsibility or make any economic or other ompensation to other Party or any third party for the exercise of the Powers under this Agreement by Party A and/or the Attorney. 4.2 Party B agrees that it shall indemnify Party A and the Attorney and hold them harmless from any loss incurred or may be incurred due to the exercise of Powers hereuner, including but is not limited to any loss arising from litigation, claim for compensation for other claims, arbitration, claims or administrative investigations or penalties imposed by government agencies Party A and/or the Attorney. It shall not be compensated if such loss is incurred as a result of Party A’s and/or the Attorney’s gross negligence or willful misconduct.

Disclaimer and Compensation. 4.1 The Parties confirm that, except for the liability caused by the intentional or gross negligence of the Trustee, the Trustee shall not be liable or make any financial or other compensation to any other Party or any third party for its exercise of the Entrusted Rights under this Agreement. 4.2 The Company and the Shareholder agree to compensate the Trustee for all losses suffered or likely to suffer due to the exercise of the Entrusted Rights and to protect it from damage, which includes, but is not limited to, any loss caused by the litigation, recovery, arbitration, claim of a third party, or the administrative investigation or punishment of a government agency. However, the losses made by the Trustee intentionally or caused by the serious fault of the Trustee are not included in the range of compensation.

Disclaimer and Compensation. 4.1. The Parties acknowledge that under no circumstance shall WFOE be held liable to or compensate (monetary or otherwise) any other Parties or any third party as a result of the exercise of Entrusted Rights by the Proxy designated by WFOE under this Agreement. 4.2. Shareholders agree to compensate WFOE for and hold it harmless against all losses incurred or likely to be incurred due to exercise of the Entrusted Rights by the Proxy, including without limitation any loss resulted from any litigation, demand, arbitration or claim initiated or raised by any third party or from administrative investigation or penalty of governmental authorities; provided however that Shareholders shall not compensate for losses resulted from any willful misconduct or gross negligence of WFOE.

Disclaimer and Compensation. 1各方同意， WFOE无需就其指定的个人行使本协议项下的委托权向其他方或第三方承担责任或提供经济补偿。 The Parties acknowledge that in no event shall the WFOE be required to assume any liability or provide any economic or other compensation to any other Party or any third party for the exercise of the Entrusted Rights under the Agreement by the individual designated by the WFOE.

Disclaimer and Compensation. 4.1 The parties confirm that, under any circumstances, Party A shall not be required to assume any responsibility or make any financial or other compensation to other parties or any third party for its exercise and/or its designated proxy’s exercise of the entrusted rights under the Agreement. 4.2 Party B and Party C agree to compensate Party A for all losses incurred or likely to be suffered by Party A as a result of its exercise and/or the exercise of the entrusted rights by its designated proxy. These losses include but are not limited to any losses arising from any lawsuit, recovery, arbitration, claim, or administrative investigation or punishment by a government authority brought against Party B by any third party. In the event of loss due to the intentional or gross negligence of Party A and/or the proxy, such loss shall not be compensated.

Disclaimer and Compensation. You hereby indemnify the Company and its directors, officers, shareholders, members, partners, employees, agents, and assigns (collectively, the "Released Parties") from any and all damages for consequential, punitive, or punitive damages arising out of your performance of your obligations under this ♙greement. The Company will indemnify the Released Parties from any and all claims or liabilities arising out of your business. This includes any representations made in connection with the products, the business opportunities, driving a motor vehicle, or renting or using meeting or training facilities for your business.