Idaho Indemnification Agreement between corporation and its current and future directors

State:
Multi-State
Control #:
US-CC-17-197C
Format:
Word; 
Rich Text
Instant download

Description

17-197C 17-197C . . . Indemnification Agreement to be entered into between corporation and its current and future directors and such current and future officers and other agents as directors may designate. The proposal includes description of procedural and substantive matters in Indemnification Agreements that are not addressed, or are addressed in less detail, in California law
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  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors
  • Preview Indemnification Agreement between corporation and its current and future directors

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FAQ

Statute of Repose ? (2) Statute of repose. (a) Generally. In claims that involve harm caused more than ten (10) years after time of delivery, a presumption arises that the harm was caused after the useful safe life had expired. This presumption may only be rebutted by clear and convincing evidence.

(1) An action for breach of any contract for sale must be commenced within four (4) years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one (1) year but may not extend it.

These provisions generally require the portfolio company to expressly acknowledge that the director has rights of indemnification, advancement, and insurance from the sponsor; to agree that it is the indemnitor of first resort and that it is obligated to advance all expenses and indemnify for all judgments, penalties, ...

For collection of a debt on an account, where there is an agreement in writing, the statute of limitations is five years. (Refer to §5-216.) For collection of a debt on an account, where there is an oral agreement, the statute of limitations is four years. (Refer to §5-217.)

28-2-607. Effect of acceptance ? Notice of breach ? Burden of establishing breach after acceptance ? Notice of claim or litigation to person answerable over. (1) The buyer must pay at the contract rate for any goods accepted.

(a) Any person calling the number "911" for the purpose of making a false alarm or complaint and reporting false information which could or does result in the emergency response of any firefighting, police, medical or other emergency services shall be guilty of a misdemeanor and upon conviction thereof shall be ...

5-216. Action on written contract. Within five (5) years: An action upon any contract, obligation or liability founded upon an instrument in writing.

In Idaho, whether your potential case involves damage to real property (your house or your land, for example) or personal property (including damage to vehicles), it must be filed within three years, ing to Idaho Code section 5-218.

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Idaho Indemnification Agreement between corporation and its current and future directors