Common use of Indemnification Amount Clause in Contracts

Indemnification Amount. In the event that Buyer has suffered Losses under Section 7.1, the Company shall issue to Buyer a number of additional shares of Common Stock equal to (A) the amount of Losses suffered by Buyer in excess of $75,000, (B) divided by $.4656.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Friedman Stephen Executor of the Will Of), Stock Purchase Agreement (Kings Road Entertainment Inc)