Question
The agreement contract is an agreement of Annie's Inc. to accept the offer of Solera Capital LLC to provide consulting and advisory services in return
The agreement contract is an agreement of Annie's Inc. to accept the offer of Solera Capital LLC to provide consulting and advisory services in return for compensation. Within the agreement contract it is stated that third-parties will benefit from the two parties contract.
AGREEMENT CONTRACT:
The Company will indemnify Solera, and its respective officers, directors, employees, agents and control persons (as such term is used in the Securities Act of 1933, as amended, and the rules and regulations thereunder) to the full extent lawful against any and all third party claims, losses and expenses as incurred (including all reasonable fees and disbursements of any such indemnitee's counsel and other out-of-pocket expenses incurred in connection with the investigation of and preparation for any such pending or threatened claims and any litigation or other proceedings arising therefrom) arising in connection with any services
Solera Capital, LLC
April 27, 2011
Page 2
rendered by Solera hereunder, provided, however, there shall be excluded from such indemnification any such claim, loss or expense to the extent that it is based upon any action or failure to act by such indemnitee that is found in a final judicial determination to constitute gross negligence or intentional misconduct on such indemnitee's part. The Company will advance costs and expenses, including attorney's fees, incurred by any such indemnitee in defending any such claim in advance of the final disposition of such claim upon receipt of an undertaking by or on behalf of such indemnitee to repay amounts so advanced if it shall ultimately be determined that such indemnitee is not entitled to be indemnified by the Company pursuant to this Agreement.
The Company obligations set forth in this agreement shall survive the termination of Solera's services pursuant to the first paragraph of this
What third parties can benefit from this written agreement contract and how?
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