District of Columbia Form of Indemnification Agreement by Southwest Gas

State:
Multi-State
Control #:
US-CC-17-118G
Format:
Word; 
Rich Text
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This sample form, a detailed Form of Indemnification Agreement, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

The District of Columbia Form of Indemnification Agreement by Southwest Gas is a legal document that outlines the terms and conditions of indemnification provided by Southwest Gas to its directors, officers, employees, and agents in the District of Columbia. This agreement is designed to protect individuals acting on behalf of Southwest Gas from any potential losses, expenses, or liabilities incurred while performing their duties or responsibilities for the company. It provides a legal mechanism for reimbursement or indemnification in case such individuals face any claims, lawsuits, or legal actions arising out of their official capacities. The District of Columbia Form of Indemnification Agreement by Southwest Gas ensures that the company will cover the costs, including attorney fees, court fees, settlements, or judgments, that the individuals may face due to lawsuits or claims related to their actions conducted in good faith and within the scope of their roles at Southwest Gas. This indemnification agreement is crucial to attract talented directors, officers, and employees who may have concerns about potential liabilities and risks associated with their roles. By offering indemnification, Southwest Gas provides reassurance to its personnel that they will be protected from personal financial burdens if legal issues arise while executing their duties. Some relevant keywords for this topic could include: District of Columbia, Form of Indemnification Agreement, Southwest Gas, directors, officers, employees, agents, indemnification, legal document, terms and conditions, reimbursement, liabilities, expenses, claims, lawsuits, legal actions, official capacities, attorney fees, court fees, settlements, judgments, good faith, scope of roles, personal financial burdens, protection, reassurance.

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  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas

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FAQ

An indemnification clause protects you from liability if you're sued by a third-party due to negligence on the client's end. If an attendee is injured, for example, the clause ensures that the attendee cannot hold you legally responsible.

In most contracts, an indemnification clause serves to compensate a party for harm or loss arising in connection with the other party's actions or failure to act. The intent is to shift liability away from one party, and on to the indemnifying party.

Indemnification is the right to be reimbursed for money paid out of pocket to solve a problem caused by the other party to a contract. In an agency-client relationship, indemnification clauses give clients legal reassurance that they won't be on the hook for certain mistakes made by an agency.

An indemnity agreement is a contract that protects one party of a transaction from the risks or liabilities created by the other party of the transaction.

Indemnification of Employee. Employer shall indemnify Employee and hold him harmless for lawful acts or decisions made by him in good faith while performing his duties for Employer, its parent, subsidiaries and affiliates to the full extent allowed by law.

An indemnification provision for direct claims typically covers damages relating to the indemnifying party's acts, omissions, or breach of the agreement. Third-party claims. These are claims that a third party has against the indemnified party, which parties most commonly use indemnification to cover.

Sponsor shall indemnify and hold Institution, System, their Regents, officers, agents, and employees harmless against any and all claims, demands, damages, liabilities and costs which directly or indirectly result from, or arise in connection with, any negligent act or omission of Sponsor, its agents, or employees, ...

How to Write an Indemnity Agreement Consider the Indemnity Laws in Your Area. ... Draft the Indemnification Clause. ... Outline the Indemnification Period and Scope of Coverage. ... State the Indemnification Exceptions. ... Specify How the Indemnitee Notifies the Indemnitor About Claims. ... Write the Settlement and Consent Clause.

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This sample form, a detailed Form of Indemnification Agreement, is a model for use in corporate matters. The language is easily adapted to fit your specific ... (a) General. The Company shall indemnify the Indemnitee (i) as provided in this Agreement and (ii) subject to the provisions of this Agreement, to the full ...333-74520 on Form S-3, filed by Southwest Gas Corporation on December 4, 2001, and such unissued securities are hereby deemed deregistered. The amount of the ... May 1, 2019 — APPLICATION. 1. Introduction. Southwest Gas Corporation (Southwest Gas or Company) hereby submits to the Arizona. Apr 26, 2019 — ... file with the SEC immediately prior to the ... of the Company, or the adoption of the Merger Agreement by the sole shareholder of Southwest Gas ... Mar 7, 2018 — Limited form indemnification agreements are enforceable in every state. Whenever analyzing anti-indemnity statutes, one must pay careful ... UNITED STATES. SECURITIES AND EXCHANGE COMMISSION. WASHINGTON, D.C. 20549. FORM 8-K. CURRENT REPORT. Pursuant to Section 13 or 15(d) of the. ... the form attached as Exhibit 23 (Form of District Legal Opinion). (j). Certification Regarding Use of Contract Funds for Lobbying. The Developer has delivered ... When an indemnification agreement provides that the government will indemnify only up to a certain amount, the government's maximum liability is known, and the ... This Agreement hereby authorizes Southwest Gas Corporation (hereinafter referred to as 'SWG') to bill for gas services in accordance with the terms and ...

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District of Columbia Form of Indemnification Agreement by Southwest Gas