Maine Indemnity Agreement between corporation and directors officers employees and agents of corporation

State:
Multi-State
Control #:
US-CC-17-146
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Indemnity Agreement, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation
  • Preview Indemnity Agreement between corporation and directors officers employees and agents of corporation

How to fill out Indemnity Agreement Between Corporation And Directors Officers Employees And Agents Of Corporation?

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FAQ

Vitamin D3 is more effective in raising vitamin D levels in your bloodstream for a longer period than vitamin D2. On the other hand, vitamin D2 is sourced from plants, and vitamin D3 is derived from animals. If you prefer a plant-based product, vitamin D2 is a better choice for you.

Insurance ? The indemnification agreement typically will require that the company provide D&O liability insurance that protects the indemnitee to the same extent as the most favorably insured of the company's and its affiliates' current directors and officers.

Two forms of vitamin D are available in supplements: vitamin D3 and vitamin D2. Both can help correct vitamin D deficiency, but most doctors recommend D3 because it is slightly more active and therefore slightly more effective.

Section 145(b) empowers a corporation to indemnify its directors against expenses incurred in connection with the defense or settlement of an action brought by or in the right of the corporation, subject to the standard of conduct determination, and except that no indemnification may be made as to any claim to which ...

In the indemnification agreement, the corporation agrees to reimburse the director or officer for losses incurred in legal proceedings related to their service as a corporate director or officer to the maximum extent permitted by law.

Indemnification is often very broad, often extending ?to the maximum extent permitted by law?, whereas D&O insurance polices contain numerous exclusions and conditions. In addition, D&O insurance must be renewed each year, with possible changes in terms and conditions.

Vitamin D supplements are available as vitamin D2 (D2) and vitamin D3 (D3). Both versions can be used to treat vitamin D deficiency, but D3 seems to be more effective than D2. Vitamin D2 is still prescribed to people with low vitamin D levels, because it's more readily available in higher doses.

There are quite a few differences between vitamin D and vitamin D3, but the main difference between them is that vitamin D is a fat-soluble vitamin that regulates calcium and phosphorous levels in the body, whereas the vitamin D3 is the natural form of vitamin D produced by the body from sunlight.

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Maine Indemnity Agreement between corporation and directors officers employees and agents of corporation