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
Washington Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met
Category:
State:
Multi-State
Control #:
US-CC-17-158
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Indemnification Agreement Between Corporation And Its Directors Regarding Method For Determining Whether Standards For Indemnification Have Been Met?
If you want to total, down load, or print authorized papers templates, use US Legal Forms, the largest selection of authorized varieties, which can be found on the Internet. Take advantage of the site`s basic and convenient look for to get the paperwork you want. Various templates for business and individual purposes are categorized by groups and suggests, or key phrases. Use US Legal Forms to get the Washington Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met with a couple of click throughs.
Should you be previously a US Legal Forms buyer, log in to the bank account and then click the Acquire button to have the Washington Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met. Also you can access varieties you in the past saved from the My Forms tab of the bank account.
If you are using US Legal Forms for the first time, refer to the instructions beneath:
- Step 1. Make sure you have chosen the form for that correct city/country.
- Step 2. Make use of the Review method to examine the form`s content. Never forget to see the outline.
- Step 3. Should you be not happy with the type, make use of the Search industry on top of the display screen to get other types from the authorized type design.
- Step 4. After you have found the form you want, go through the Buy now button. Opt for the rates prepare you favor and add your accreditations to sign up for an bank account.
- Step 5. Procedure the transaction. You should use your charge card or PayPal bank account to complete the transaction.
- Step 6. Pick the file format from the authorized type and down load it on your own device.
- Step 7. Comprehensive, modify and print or sign the Washington Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met.
Every authorized papers design you get is your own property for a long time. You have acces to every type you saved inside your acccount. Click on the My Forms area and pick a type to print or down load yet again.
Be competitive and down load, and print the Washington Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met with US Legal Forms. There are many professional and status-distinct varieties you may use to your business or individual needs.
Form popularity
FAQ
(1) A limited liability company may indemnify any member or manager from and against any judgments, settlements, penalties, fines, or expenses incurred in a proceeding or obligate itself to advance or reimburse expenses incurred in a proceeding to which a person is a party because such person is, or was, a member or a ...
A director and officer indemnification agreement is a contract that allows executives to protect themselves from claims made against them while performing job. Indemnification means that in the event a lawsuit is filed against a company, the indemnified party is "held harmless" from claims.
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.
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.
115, Washington's construction anti-indemnity law. As background, the law voids indemnity provisions requiring construction contractors and designers to defend personal injury and property damage claims caused by another party's negligence.
What is indemnification? Indemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party claims.
The rule of indemnity, or the indemnity principle, says that an insurance policy should not confer a benefit that is greater in value than the loss suffered by the insured. Indemnities and insurance both guard against financial losses and aim to restore a party to the financial status held before an event occurred.