Contribution Clause Example from Business Contracts

This example Contribution clause appears in 2 contracts from 1 company

Contribution. To the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party 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 Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of fraudulent m...isrepresentation; and (ii) contribution by any Investor shall be limited in amount to the net amount of proceeds received by such Investor from the sale of such Registrable Securities. View More
Found in Cariloha, LLC contract
Cariloha, LLC Contracts

Registration Rights Agreement between Cariloha, Inc. (as successor-in-interest to Cariloha, LLC) and certain stockholders (Filed With SEC on January 21, 2022)

Registration Rights Agreement between Cariloha, Inc. (as successor-in-interest to Cariloha, LLC) andcertain stockholders (Filed With SEC on January 27, 2022)