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Indemnity Agreement - Getty Images Inc., 525 Investments Ltd. and Getty Investments LLC

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                                 INDEMNITY AGREEMENT


THIS INDEMNITY AGREEMENT is made on __ January 1998

BETWEEN:

(1) GETTY IMAGES, INC., a Delaware corporation whose registered office is at
    101 Bayham Street, London NW1 OAG, England ("Getty Images"); and

(2) THOSE PERSONS whose names and addresses are set out in Exhibit A hereto
    (the "Investors").


NOW THE PARTIES HEREBY AGREE as follows:

1.  Definitions

    a.   In this Agreement:

         "Action" means any actual or threatened legal action, claim,
         proceeding or investigation.

         "Affiliate" means, with respect to any specified Person, the
         directors, officers, trustees, managers and partners of such Person,
         and any other Person that directly, or indirectly through one or more
         intermediaries, controls, is controlled by, or is under common control
         with, such specified Person.

         "Companies Act" means the Companies Act of 1985 of Great Britain.

         "control" (including the terms "controlled by" and "under common
         control with"), with respect to the relationship between or among two
         or more Persons, means the possession, directly or indirectly or as
         trustee or executor, of the power to direct or cause the direction of
         the affairs or management of a Person, whether through the ownership
         of voting securities, as trustee or executor, by contract or
         otherwise.  Control shall be conclusively presumed when any Person
         directly or indirectly owns 50% or more of the voting securities of
         another Person.

         "Disclosure Documents" means any preliminary prospectus, prospectus,
         registration statement, scheme circular and any amendment or
         supplement thereto, filed, distributed or used at any time in
         connection with the Transactions (and including any exhibits to the
         foregoing documents).



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                                          2


         "Investors" means those person listed in Exhibit A hereto, together
         with their respective Affiliates, agents and representatives.

         "Merger" means the merger of Print Merger, Inc., a Washington
         corporation and a wholly owned subsidiary of Getty Images, and
         PhotoDisc, Inc., a Washington corporation.

         "Person" means an individual, corporation, general or limited
         partnership, limited or unlimited liability company, trust,
         association, unincorporated organization, government or any authority,
         agency or body thereof, or other entity and any legal personal
         representative, successor and lawful assignee of any of them.
        
         "Scheme of Arrangement" means the scheme of arrangement in accordance
         with the Companies Act between Getty Images and Getty Communications
         plc, a company organized under the laws of England and Wales.

         "Transactions" means the Scheme of Arrangement and the Merger.

    b.   In this Agreement, a reference to:

         (1)  a "subsidiary" means any and all corporations, partnerships,
              joint ventures, associations and other entities controlled by
              Getty Images directly or indirectly through one or more
              intermediaries;

         (2)  a statutory provision includes a reference to the statutory
              provision as modified or re-enacted or both from time to time
              whether before or after the date of this Agreement and any
              subordinate legislation made under the statutory provision
              whether before or after the date of this Agreement;

         (3)  a clause or schedule, unless the context otherwise requires, is a
              reference to a clause of or schedule to this Agreement; and

         (4)  a document is a reference to that document as from time to time
              supplemented or varied.

    c.   The headings in this Agreement do not affect its interpretation.



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                                         3


2.  Indemnity

    a.   Getty Images hereby undertakes that it will indemnify and hold
         harmless each Investor against any losses, claims, damages or
         liabilities to which such Investor may become subject, arising
         directly or indirectly out of the Disclosure Documents and Getty
         Images will reimburse each Investor for any legal or other expenses
         reasonably incurred by such Investor in connection with investigating
         or defending any Action in respect thereof as such expenses are
         incurred, provided that, Getty Images shall have no liability under
         this Clause to the extent that any such loss, claim, damage or
         liability arises out of or is based upon an untrue statement or
         alleged untrue statement or omission or alleged omission in any of the
         Disclosure Documents in reliance upon and in conformity with, in the
         case of each Investor, information provided by such Investor.

    b.   Promptly after receipt by any Investor of notice of the commencement
         of any action or any written notice of any threat of any Action, it
         shall, if a claim in respect thereof is to be made against Getty
         Images under this Clause, notify Getty Images and the other Investors
         in writing of the commencement thereof; but the omission so to notify
         Getty Images shall not relieve Getty Images from any liability which
         it may have to such Investor.  If any such Action shall be brought
         against any Investor and it shall notify Getty Images of the
         commencement thereof, Getty Images shall, subject to its agreeing to
         indemnify the Investors against all judgments and other liabilities
         resulting from such Action (and so far as permitted by any insurance
         policy of such Investors), be entitled to participate therein and, to
         the extent that it shall wish, to assume the defense thereof, with
         counsel satisfactory to such Investor (which shall not, except with
         the consent of such Investor, be counsel to Getty Images), and, after
         notice from Getty Images to such Investor of its election so as to
         assume the defense thereof, Getty Images shall not be liable to such
         Investor under this Clause for any legal expenses of other counsel or
         any other expenses, in each case subsequently incurred by such
         Investor, in connection with the defense thereof other than reasonable
         costs of investigation.  Getty Images shall not, without the written
         consent of the relevant Investor effect the settlement or compromise
         of, or consent to the entry of any judgment with respect to, any
         Action in respect of which indemnification or contribution may be
         sought hereunder (whether or not such Investor is an actual or
         potential party to such Action) unless such settlement, compromise or
         judgment (i) includes a full and unconditional release of such
         Investor from all liability arising out of such Action, and (ii) does
         not include a statement as to or an admission of fault, culpability or
         a failure to act, by or on behalf of any Investor.  In the event that
         Getty Images wishes to assume the defense of any


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                                           4


         Action but is not permitted by the insurance policy of the relevant
         Investor to do so, such Investor shall use all reasonable endeavors to
         procure that its insurers and their legal advisers shall consult and
         cooperate with Getty Images in respect of such defense and (except
         insofar as such Investor shall certify to Getty Images that the
         requirement to obtain the written consent of Getty Images as referred
         to below would invalidate the relevant insurance policy, in which case
         such requirement shall not apply) shall not settle, compromise or
         consent to the entry of any judgment with respect to such Action
         without the written consent of Getty Images, such consent not to be
         unreasonably withheld or delayed.

    c.   If the indemnification provided for in this Clause 2 is unavailable to
         or insufficient to hold harmless any Investor under the foregoing
         provisions of this Clause in respect of any losses, claims, damages or
         liabilities (or Actions in respect thereof) referred to therein, then
         Getty Images shall contribute to the amount paid or payable by the
         relevant Investor as a result of such losses, claims, damages or
         liabilities (or Actions in respect thereof) in such proportion as is
         appropriate to reflect the relative benefits received by that Investor
         on the one hand and Getty Images on the other from the Transactions.
         If, however, the allocation provided by the immediately preceding
         sentence is not permitted by applicable law or if the relevant
         Investor failed to give the notice required under sub-Clause b. above,
         then Getty Images shall contribute to such amount paid or payable by
         such Investor in such proportion as is appropriate to reflect not only
         such relative benefits but also the relative fault of such Investor on
         the one hand and Getty Images on the other in connection with the
         statements or omissions which resulted in such losses, claims, damages
         or liabilities (or Actions in respect thereof), as well as any other
         relevant equitable considerations.  The relative benefits received by
         the Investors in the aggregate on the one hand and Getty Images on the
         other shall be deemed to be in the proportion 99 per cent, to Getty
         Images and 1 per cent, to the Investors.  The relative fault shall be
         determined by reference to, among other things, whether the claim
         relates to information supplied by Getty Images or the Investors and
         the parties' relative intent, knowledge, access to information and
         opportunity to correct or prevent such statement or omission.  The
         relevant Investors agree with Getty Images that it would not be just
         and equitable if contributions pursuant to this sub-Clause c. were
         determined by pro rata allocation or by any other method of allocation
         which does not take account of the equitable considerations referred
         to above in this sub-Clause c.  The amount paid or payable by the
         relevant Investor as a result of the losses, claims, damages or
         liabilities (or Actions in respect thereof) referred to above in this
         sub-Clause c. shall be deemed to include any legal or other expenses
         reasonably incurred by it in connection with investigating or
         defending any such action or claim.  No



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         person guilty of fraudulent misrepresentation (within the meaning of
         Section 11(f) of the Securities Act of 1933) shall be entitled to
         contribution from any person who was not guilty of such fraudulent
         misrepresentation.

    d.   If any taxing authority brings into charge to taxation any sum payable
         under the indemnity contained in this Clause 2, the amount so payable
         shall be grossed up by such amount as will ensure that after deduction
         of the tax so chargeable (after giving credit for any tax relief
         available to the indemnified party) there shall remain a sum equal to
         the amount that would otherwise have been payable under this Clause.

    e.   The obligations of Getty Images under this Clause 2 shall be in
         addition to any liability which Getty Images may otherwise have.

3.  Survival of Obligations

    The indemnities, agreements, representations, warranties and other
    statements of Getty Images contained in this Agreement or made by or on
    behalf of it pursuant to this Agreement shall remain in full force and
    effect, regardless of any investigation (or any statement as to the results
    thereof) made by or on behalf of Getty Investments, and shall survive the
    completion of the Transactions.

4.  Assignment and Further Assurance

    a.   This Agreement shall be binding upon, and the benefit of this
         Agreement shall inure solely to the Investors and Getty Images and
         their respective successors and assigns, and no other person shall
         acquire or have any right under or by virtue of this Agreement.  No
         purchaser of any shares from any Investor shall be deemed a successor
         or assign by reason merely of such purchase.

    b.   Getty Images shall, if requested by any of the Investors, procure that
         any of its subsidiaries nominated by any of the Investors shall enter
         into an agreement with the Investors on similar terms to this
         Agreement, save that any such subsidiary shall be the party giving the
         indemnification thereunder in place of Getty Images.

5.  Time of the Essence

    Time shall be of the essence of this Agreement.


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                                             6


6.  Choice of Law

    a.   This Agreement shall be governed by and construed in accordance with
         the laws of the State of Delaware.

    b.   To the fullest extent permitted by law, any controversy or claim
         arising out of or relating to this Agreement, or the breach thereof,
         shall be settled by mandatory, final and binding arbitration in New
         York City, New York, USA under the auspices of and in accordance with
         the rules, then pertaining, of the American Arbitration Association,
         to the extent not inconsistent with the Delaware Uniform Arbitration
         Act and judgment upon the award rendered may be entered in any court
         having jurisdiction thereof.  Nothing in this paragraph 6.b. shall
         limit any right that any Person may otherwise have to seek to obtain
         preliminary judgment upon the award rendered may be entered in any
         court having jurisdiction thereof.  Nothing in this paragraph 6.b.
         shall limit any right that any Person may otherwise have to seek to
         obtain preliminary injunctive relief in order to preserve the status
         quo pending the disposition of any such arbitration proceeding.

    c.   In the event of any dispute, claim, arbitration or litigation with
         regard to this Agreement, the prevailing party shall be entitled to
         receive from the non-prevailing party, and the non-prevailing party
         shall promptly pay, all reasonable fees and expenses of counsel for
         the prevailing party incurred in connection with such dispute, claim,
         arbitration or litigation.

7.  Severability

    In case any provision in this Agreement shall be invalid, illegal or
    unenforceable, the validity, legality and enforceability of the remaining
    provisions shall not in any way be affected or impaired thereby.

8.  No Personal Liability of Trustees

    The parties hereto agree that with respect to the Cheyne Walk Trust, the
    Ronald Family Trust A, the Ronald Family Trust B and the Gordon P. Getty
    Family Trust, the respective trustees thereof have executed this Agreement
    solely in their representative capacities as trustees and not individually,
    and that any liability arising from this Agreement shall be satisfied
    solely from the assets of the trust of which such person is trustee, and
    not from such person individually.


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                                           7


9.  Counterparts

    This Agreement may be executed by the parties hereto in counterparts, each
    of which shall be deemed to be an original, but all such counterparts shall
    together constitute one and the same instrument.

IN WITNESS WHEREOF the parties have caused this Agreement to be signed by their
duly authorized representatives as of the day and year first mentioned above.

                             The Trustees of the Cheyne Walk Trust


                             By:  ______________________________
                                  Name:
                                  Title:


                             The Trustees of the Ronald Family Trust A


                             By:  ______________________________
                                  Name:
                                  Title:


                             The Trustees of the Ronald Family Trust B


                             By:  ______________________________
                                  Name:
                                  Title:


                             525 Investments Limited


                             By:  ______________________________
                                  Name:
                                  Title:


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                                       8


                             The Trustees of the Gordon P. Getty Family Trust


                             By:  ______________________________
                                  Name:
                                  Title:


                             Getty Investments, L.L.C.


                             By:  ______________________________
                                  Name:
                                  Title:


                             Getty Images, Inc.


                             By:  ______________________________
                                  Name:
                                  Title:

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                                     9


                                      EXHIBIT A


Name                                        Notice Address
----                                        ------ -------
Trustees of the Cheyne Walk Trust           Attn:  Jan D. Moehl
                                            1325 Airmotive Way, Suite 262
                                            Reno, Nevada 89502

Trustees of the Ronald Family Trust A       Attn:  Thomas E. Woodhouse
                                            1325 Airmotive Way, Suite 264
                                            Reno, Nevada 89502

Trustees of the Ronald Family Trust B       Attn:  Jan D. Moehl
                                            1325 Airmotive Way, Suite 262
                                            Reno, Nevada 89502

525 Investments Limited                     c/o Coopers & Lybrand
                                            La Motte Chambers
                                            St Helier
                                            Jersey JE1 1BJ

Trustees of the Gordon P. Getty             Attn:  Thomas E. Woodhouse
Family Trust                                1325 Airmotive Way, Suite 264
                                            Reno, Nevada 89502

Getty Investments L.L.C.                    Attn:  Jan D. Moehl
                                            1325 Airmotive Way, Suite 262
                                            Reno, Nevada 89502