17-104M 17-104M . . . Indemnification Agreement authorizing (a) corporation to enter into Indemnity Agreements with each of its directors and officers and directors and officers of its first-tier subsidiaries and (b) establishment of Directors and Officers Indemnity Trust to (i) provide source of funds to secure corporation's obligations under Indemnity Agreements authorized under (a) above to directors and officers of corporation and its first-tier subsidiaries and (ii) advance expenses incurred by them in defense of actions, claims and proceedings against them relating to actions taken in their capacities as directors or officers
North Dakota Form of Indemnity Agreement by Financial Corporation of Santa Barbara
Category:
State:
Multi-State
Control #:
US-CC-17-104M
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Form Of Indemnity Agreement By Financial Corporation Of Santa Barbara?
Have you been within a position where you require papers for either organization or specific purposes virtually every day time? There are plenty of lawful record web templates available online, but finding types you can depend on is not straightforward. US Legal Forms delivers 1000s of type web templates, just like the North Dakota Form of Indemnity Agreement by Financial Corporation of Santa Barbara, that happen to be created to fulfill federal and state requirements.
If you are already acquainted with US Legal Forms website and get a free account, basically log in. After that, you may download the North Dakota Form of Indemnity Agreement by Financial Corporation of Santa Barbara template.
If you do not come with an account and want to start using US Legal Forms, adopt these measures:
- Find the type you want and ensure it is to the proper metropolis/region.
- Use the Review option to review the shape.
- Look at the description to ensure that you have chosen the proper type.
- In case the type is not what you are searching for, utilize the Research field to find the type that suits you and requirements.
- Whenever you find the proper type, just click Get now.
- Pick the pricing strategy you desire, fill in the necessary information to create your bank account, and purchase the transaction with your PayPal or credit card.
- Pick a hassle-free document formatting and download your backup.
Find all of the record web templates you possess purchased in the My Forms food selection. You can obtain a additional backup of North Dakota Form of Indemnity Agreement by Financial Corporation of Santa Barbara any time, if possible. Just click on the required type to download or print the record template.
Use US Legal Forms, probably the most comprehensive assortment of lawful forms, to save some time and steer clear of blunders. The assistance delivers skillfully produced lawful record web templates that can be used for an array of purposes. Create a free account on US Legal Forms and begin making your daily life a little easier.
Form popularity
FAQ
Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.
A letter of indemnity (LOI) is a legal agreement that renders one or both parties to a contract harmless by some third party in the event of a delinquency or breach by the contracted parties.
The obligation to indemnify requires the indemnifying party to: Reimburse the indemnified party for its paid costs and expenses, referred to as losses. Advance payment to the indemnified party for its unpaid costs and expenses, such as: Liabilities.
It is primarily intended to protect the person who is providing goods or services from being held legally liable for the consequences of actions taken or not taken in providing that service to the person who signs the form. Indemnity clauses vary widely.
A letter of indemnity (LOI) is a legal agreement that renders one or both parties to a contract harmless by some third party in the event of a delinquency or breach by the contracted parties.
Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.
For example, in the case of home insurance, the homeowner pays insurance premiums to the insurance company in exchange for the assurance that the homeowner will be indemnified if the house sustains damage from fire, natural disasters, or other perils specified in the insurance agreement.
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.