Nebraska Indemnity Agreement between Centra Software, Inc. and officer of corporation

• Category: Corporations - Public - Indemnification
• State: Multi-State
• Control #: US-EG-9288
• Format: Word; Rich Text

Description

Indemnity Agreement between Centra Software, Inc. and ______- (offices) regarding services dated January, 2000. 9 pages. The Nebraska Indemnity Agreement between Central Software, Inc. and an officer of a corporation is a legally binding contract that outlines the terms and conditions of indemnification provided by Central Software, Inc. to its officers in Nebraska. This agreement serves to protect officers from any potential legal claims or liabilities that may arise during the course of their duties. Keywords: Nebraska Indemnity Agreement, Central Software, Inc., officer of corporation, indemnification, legal claims, liabilities. There are different types of Nebraska Indemnity Agreements between Central Software, Inc. and officers of the corporation, which include: 1. General Indemnity Agreement: This type of agreement provides broad indemnification coverage to officers, protecting them from legal claims and liabilities arising from their actions or decisions made while fulfilling their corporate obligations. 2. Defense Costs Indemnity Agreement: This agreement specifically covers legal defense costs incurred by officers in defending against claims or lawsuits relating to their role within the corporation. It ensures that officers are not financially burdened by legal fees during legal proceedings. 3. Advance of Expenses Indemnity Agreement: This type of agreement allows officers to request upfront payments or advances for reasonable expenses incurred during legal proceedings, including attorney fees, court costs, and other related expenses. Central Software, Inc. agrees to cover these expenses, ensuring officers have the necessary resources to defend themselves. 4. Indemnification for Settlements Agreement: This agreement provides indemnification coverage to officers in the event of a settlement reached between the officer and the claimant. Central Software, Inc. agrees to cover the agreed-upon settlement amount, protecting the officer from incurring personal financial loss. 5. Indemnity for Judgments Agreement: This type of agreement ensures that Central Software, Inc. will indemnify officers in Nebraska against any judgments or monetary awards imposed on them as a result of legal claims or liabilities. Central Software, Inc. takes responsibility for paying the judgments, relieving officers from personal financial liabilities. It is important to note that the specific terms and conditions of Nebraska Indemnity Agreements between Central Software, Inc. and officers of the corporation may vary depending on the individual circumstances, the officer's role, and the agreement negotiated between the parties involved. It is recommended that officers consult legal professionals to gain a thorough understanding of the specific provisions and protections outlined in their agreement.

The Nebraska Indemnity Agreement between Central Software, Inc. and an officer of a corporation is a legally binding contract that outlines the terms and conditions of indemnification provided by Central Software, Inc. to its officers in Nebraska. This agreement serves to protect officers from any potential legal claims or liabilities that may arise during the course of their duties. Keywords: Nebraska Indemnity Agreement, Central Software, Inc., officer of corporation, indemnification, legal claims, liabilities. There are different types of Nebraska Indemnity Agreements between Central Software, Inc. and officers of the corporation, which include: 1. General Indemnity Agreement: This type of agreement provides broad indemnification coverage to officers, protecting them from legal claims and liabilities arising from their actions or decisions made while fulfilling their corporate obligations. 2. Defense Costs Indemnity Agreement: This agreement specifically covers legal defense costs incurred by officers in defending against claims or lawsuits relating to their role within the corporation. It ensures that officers are not financially burdened by legal fees during legal proceedings. 3. Advance of Expenses Indemnity Agreement: This type of agreement allows officers to request upfront payments or advances for reasonable expenses incurred during legal proceedings, including attorney fees, court costs, and other related expenses. Central Software, Inc. agrees to cover these expenses, ensuring officers have the necessary resources to defend themselves. 4. Indemnification for Settlements Agreement: This agreement provides indemnification coverage to officers in the event of a settlement reached between the officer and the claimant. Central Software, Inc. agrees to cover the agreed-upon settlement amount, protecting the officer from incurring personal financial loss. 5. Indemnity for Judgments Agreement: This type of agreement ensures that Central Software, Inc. will indemnify officers in Nebraska against any judgments or monetary awards imposed on them as a result of legal claims or liabilities. Central Software, Inc. takes responsibility for paying the judgments, relieving officers from personal financial liabilities. It is important to note that the specific terms and conditions of Nebraska Indemnity Agreements between Central Software, Inc. and officers of the corporation may vary depending on the individual circumstances, the officer's role, and the agreement negotiated between the parties involved. It is recommended that officers consult legal professionals to gain a thorough understanding of the specific provisions and protections outlined in their agreement.