Common use of NO INDEMNIFICATION LIABILITIES Clause in Contracts

NO INDEMNIFICATION LIABILITIES. There are no known existing liabilities that require the Company to indemnify its officers or directors for acts or omissions by such persons acting on behalf of the Company or, except for the Company's Articles of Incorporation and Bylaws, existing agreements to provide indemnification for such liabilities.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Bea Systems Inc), Merger Agreement (Webgain Inc)

NO INDEMNIFICATION LIABILITIES. There To the knowledge of the Company, there are no known existing liabilities that require the Company to indemnify its officers or directors for acts or omissions by such persons acting on behalf of the Company or, except for the Company's Articles Certificate of Incorporation and Bylawsbylaws, existing agreements to provide indemnification for such liabilities.

Appears in 1 contract

Sources: Stock Purchase Agreement (Webgain Inc)