17-103F 17-103F . . . Indemnification Agreement with corporation's directors and two of its officers and to authorize corporation to enter into similar indemnification agreements with its future directors and nominees for director and with certain present and future officers. The stated reason for this proposal is because management believes that existing indemnification protection provided by Florida Business Corporation Act is inadequate in certain respects
Pennsylvania Form Indemnification Agreement by Holiday RV Superstores
Category:
State:
Multi-State
Control #:
US-CC-17-103F
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Form Indemnification Agreement By Holiday RV Superstores?
Discovering the right lawful papers template can be quite a battle. Naturally, there are tons of templates available on the net, but how will you find the lawful kind you want? Make use of the US Legal Forms site. The service offers a huge number of templates, like the Pennsylvania Form Indemnification Agreement by Holiday RV Superstores, that you can use for company and private requirements. Every one of the types are checked out by experts and fulfill federal and state specifications.
If you are previously listed, log in for your account and click the Acquire option to have the Pennsylvania Form Indemnification Agreement by Holiday RV Superstores. Make use of account to search throughout the lawful types you have purchased formerly. Visit the My Forms tab of your account and have yet another duplicate from the papers you want.
If you are a whole new customer of US Legal Forms, listed here are easy directions that you can adhere to:
- Initial, be sure you have chosen the right kind for your personal area/state. You are able to look through the form making use of the Preview option and study the form information to make sure this is basically the right one for you.
- In the event the kind does not fulfill your requirements, use the Seach discipline to obtain the correct kind.
- Once you are certain that the form is acceptable, click the Acquire now option to have the kind.
- Pick the costs strategy you want and type in the essential information. Create your account and purchase the transaction using your PayPal account or Visa or Mastercard.
- Opt for the document file format and down load the lawful papers template for your system.
- Full, revise and print out and sign the acquired Pennsylvania Form Indemnification Agreement by Holiday RV Superstores.
US Legal Forms is the greatest collection of lawful types where you will find different papers templates. Make use of the company to down load appropriately-made paperwork that adhere to condition specifications.
Form popularity
FAQ
Indemnification is, generally speaking, a reimbursement by a company of its Ds&Os for expenses or losses they have incurred in connection with litigation or other proceedings relating to their service to the company.
Section 145(a) of the DGCL empowers a corporation to indemnify its directors against expenses, judgments, fines, and amounts paid in settlement incurred in connection with actions other than those brought by or in the right of the corporation, subject to a determination that the indemnitee has met the requisite ...
A director and officer indemnification agreement is a contract that allows executives to protect themselves from claims made against them while performing job.
The indemnity may cover liability incurred by the director to any person other than the company or an associated company. This may include both legal costs and the financial costs of an adverse judgement. But the indemnity must not cover liabilities to the company or to any associated company (subsection (2)).
Directors of Delaware corporations are subject to the fiduciary duties of care and loyalty (which include the subsidiary duties of good faith, oversight and disclosure). - Duty of care. Care requires informed, deliberative deci- sion-making based on all material information reasonably available. - Duty of loyalty.
In the agreement, the company agrees to reimburse the director or officer for losses incurred in legal proceedings related to their service as a director or officer and to advance funds to the director or officer to pay expenses as they are incurred.
