and expenses, transfer agents’ and registrars’ fees and expenses and all fees and expenses of IonQ’s outside counsel and independent accountants shall be paid by IonQ. Notwithstanding anything herein to the contrary, IonQ shall not be responsible for selling expenses of the Holder, including
(i) underwriting discounts, (ii) selling commissions, (iii) fees, commissions and expenses of underwriters, brokers, dealer managers and similar securities industry professionals, (iv) stock transfer taxes applicable to the sale of Registrable Securities, and (v) fees and disbursements of legal counsel, financial advisors, accountants, and other professionals for the Holder, each of which shall be the responsibility of the Holder.
(a)To the extent permitted by applicable law, IonQ shall indemnify and hold harmless the Holder, and each of its directors, officers, partners, members and employees and other agents and representatives, and each person controlling the Holder within the meaning of Section 15 of the Securities Act (each, a “Holder Indemnified Party”), with respect to which registration, qualification or compliance has been effected pursuant to this Agreement, from and against all losses, damages and liabilities (or actions in respect thereof), including any of the foregoing incurred in settlement of any litigation, commenced or threatened, arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in the Registration Statement, the prospectus forming a part thereof or included therein, and any amendment or supplement thereto, incident to any such registration, qualification or compliance, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or any violation by IonQ of any rule or regulation promulgated under the Securities Act, Exchange Act or state securities laws applicable to IonQ in connection with any such registration, qualification or compliance, and IonQ shall reimburse the Holder Indemnified Party for any legal and any other expenses reasonably incurred by them in connection with investigating, preparing or defending any lawsuit, claim or action relating thereto; provided, however, that IonQ shall not be required to indemnify, hold harmless, or otherwise be liable to any Holder Indemnified Party, in each case, to the extent, but only to the extent, that any such loss, damage, liability or expense arises out of, or is based on (i) any untrue statement or omission or alleged untrue statement or omission, made in reliance upon and in conformity with written information furnished by or on behalf of any Holder Indemnified Party to IonQ specifically for use therein, or (ii) the failure of any Holder Indemnified Party to comply with its covenants and agreements hereunder.
(b)To the extent permitted by applicable law, if Registrable Securities held by the Holder are included in the securities as to which such registration, qualification or compliance is being effected, the Holder shall indemnify and hold harmless IonQ, each of its directors, officers, employees and other agents and representatives, each person controlling IonQ within the meaning of Section 15 of the Securities Act, and IonQ’s legal counsel and independent accountants (each an “IonQ Indemnified Party”), from and against all losses, damages and liabilities (or actions in respect thereof) arising out of, or based on, any untrue statement (or alleged untrue statement) of a material fact contained in the Registration Statement, the prospectus forming a part thereof or included therein, and any amendment or supplement thereto, incident to any such registration,