Contribution Clause Example from Business Contracts

This example Contribution clause appears in 3 contracts from 2 companies

Contribution. To the extent any indemnification by the Company is prohibited or limited by law, the Company agrees to make the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent permitted by law; provided, however, that: (i) no seller of Registrable Securities guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any seller of Registrable Securities who... was not guilty of fraudulent misrepresentation; and (ii) contribution by any seller of Registrable Securities shall be limited to $100,000. View More