INDEMNIFICATION

Except for Wolftrade Exchange’s gross negligence, willful misconduct, or breach of these Terms, you shall indemnify, hold harmless and defend the relevant Parties and our agents (if any), employees, officers, directors, affiliates, subsidiaries and successors (collectively, the “Indemnified Party”) from and against all claims, losses, liabilities, damages, judgments, penalties, fines, or costs and expenses of whatever kind (including professional fees and reasonable attorney’s fees) (collectively, “Losses”) which may be suffered or incurred by any of the Indemnified Party any as a result from or arising out of:

(a) Your use of the Service(s) hereunder;

(b) Your failure to perform your obligations under these Terms;

(c) Your breach of any warranties and representations made to us under these Terms;

(d) Any third party claim related to your use of the Service(s);

(e) Your failure to comply with any applicable federal, state, or local laws and regulations in the performance of your obligations hereunder;

If you are obligated to indemnify us, the Parties will have the right, in their sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it.

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