I'm in the process of negotiating an LOI on a business, and have run into an ask from the seller that I'm not sure how to take. I'd mentioned in the LOI that the definitive purchase agreement would contain indemnification provisions up to the full purchase price. The sellers want to limit indemnity to the seller note only (10% of the purchase price). To me, this seems to be problematic considering the information asymmetry in any deal, but I'm not sure whether my take is reasonable. Any thoughts would be appreciated.