Indemnification Clause

To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless the Association and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns, as well as other members of the decentralized community managing the Protocol, from and against all actual and threatened claims, lawsuits, demands, actions, investigations (whether formal or informal), liabilities, obligations, judgments, damages, penalties, interests, fees, losses, expenses (including attorneys’ fees and expenses), and costs (including, without limitation, court costs, costs of settlement, and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract, or otherwise arising from or relating to:

  • any violation of these Terms of Use by which you are bound to the Association, especially, any inaccuracy in any representation or warranty made to the Association under these Terms of Use;

  • the consequences of your use of the Interface and the Protocol; and

  • any act or omission by you, that is negligent, unlawful, or constitutes willful misconduct.

The Association reserves the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this clause.

This indemnity is in addition to, and not in place of, any other indemnities granted in a written agreement between you and the Association.

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