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Document Preview Indemnification and Insurance Matters Agreement |
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Title: |
Indemnification and Insurance Matters Agreement |
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Entities: |
Adaptec Inc.; Adaptec Inc.; Napster Inc; Roxio, Inc.; Gray Cary Ware & Freidenrich; Wilson Sonsini Goodrich & Rosati |
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Date: |
2000 |
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Size: |
Preview shows 5KB of 58KB total |
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Price: |
$39 |
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ID: |
#1392247 |
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INDEMNIFICATION AND INSURANCE MATTERS AGREEMENT
BETWEEN
ADAPTEC, INC.
AND
ROXIO, INC.
November ___, 2000
<PAGE>
TABLE OF CONTENTS
<TABLE>
<CAPTION>
PAGE
----
<S> <C>
ARTICLE I. MUTUAL RELEASES; INDEMNIFICATION...........................................................................1
Section 1.1. Release of Pre-Closing Claims...............................................................1
Section 1.2. Indemnification by Roxio....................................................................2
Section 1.3. Indemnification by Adaptec..................................................................3
Section 1.4. Indemnification With Respect to Environmental Actions and Conditions........................3
Section 1.5. Reductions for Insurance Proceeds and Other Recoveries......................................4
Section 1.6. Procedures for Defense, Settlement and Indemnification of Third Party Claims................4
Section 1.7. Additional Matters..........................................................................5
Section 1.8. Survival of Indemnities.....................................................................6
Section 1.9. Other Agreements Evidencing Indemnification Obligations.....................................6
ARTICLE II. INSURANCE MATTERS.........................................................................................6
Section 2.1. Roxio Insurance Coverage After the Separation Date..........................................6
Section 2.2. Cooperation and Agreement Not to Release Carriers...........................................6
Section 2.3. Procedures With Respect to Insured Roxio Liabilities........................................7
Section 2.4. Cooperation.................................................................................7
Section 2.5. No Assignment or Waiver.....................................................................7
Section 2.6. No Liability................................................................................7
Section 2.7. Further Agreements..........................................................................7
Section 2.8. Matters Governed by Employee Matters Agreement..............................................8
ARTICLE III. DISPUTE RESOLUTION.......................................................................................8
Section 3.1. Negotiation.................................................................................8
Section 3.2. Proceedings.................................................................................8
Section 3.3. Continuity of Service and Performance.......................................................9
ARTICLE IV. MISCELLANEOUS.............................................................................................9
Section 4.1. Entire Agreement............................................................................9
Section 4.2. Governing Law...............................................................................9
Section 4.3. Notices.....................................................................................9
Section 4.4. Counterparts...............................................................................10
Section 4.5. Binding Effect; Assignment.................................................................10
Section 4.6. Severability...............................................................................10
Section 4.7. Waiver of Breach...........................................................................11
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