Common use of Disclaimer and Compensation Clause in Contracts

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 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, including but is not limited to, 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 deliberate or serious fault negligence of the Trustee are not included in the range compensation. For the avoidance of compensationdoubt, the investor shareholder should only compensate the Trustee to the extent of the equity interest it holds in the Company.