17-158 17-158 . . . Indemnification Agreement between corporation and its directors and/or officers including future directors and officers containing detailed provisions relating to method for determining whether standards for indemnification or reimbursement have been met and making corporation responsible for all costs of determining whether a person is entitled to indemnification or reimbursement regardless of whether person is ultimately found to be entitled to indemnification
Agreement Regarding Method For Construction
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Multi-State
Control #:
US-CC-17-158
Format:
Word;
Rich Text
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How to fill out Indemnification Agreement Between Corporation And Its Directors Regarding Method For Determining Whether Standards For Indemnification Have Been Met?
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FAQ
The construction agreement should include the start date, the length of the project, and the anticipated completion date. The payment schedule provisions are one of a construction agreement's most important features. The terms ?pay-when-paid? and ?pay-if-paid? are often used to describe these clauses.
Those seven elements are: Identification (Defining all the parties involved) Offer (The agreement) Acceptance (Agreement mirrored by other parties) Mutual consent (Signatory consent of all parties) Consideration (The value exchanged for the offer) Capacity (Legal/mental competence of all parties)
The Builder and the Owner are collectively referred as ?Parties?. Description of Work: ... Scope and Specifications of Work: ... ADDITIONAL WORK at extra cost are as follows: ... Payments Schedule: ... Facilities at Site: ... Mobilization and Material Advance: ... No assignment or subletting of Contract: ... Indemnity by Builder:
You must write the purpose of the contract. For instance, if house-building is the purpose, you must explicitly mention it. Apart from this, it should also include the parties involved, project location, inception, and completion of the project date.
To create a complete agreement, both parties must first have a clear understanding of all the terms involved in the contract. Once all essentialterms have been mutually agreed upon, both parties should signthe document to make it legally binding.