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
The New Mexico Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legal contract that outlines the terms and conditions of indemnification provided by the Financial Corporation of Santa Barbara to its clients or partners in New Mexico. This agreement serves as a protective measure, ensuring that the party being indemnified is safeguarded against any potential losses, damages, or legal liabilities that may arise during the course of their business relationship. This particular form of indemnity agreement is tailored to comply with the laws and regulations specific to the state of New Mexico, providing both parties with a clear understanding of their rights and responsibilities. It is important to note that there could be various types or versions of this agreement, each with its own specific focus or purpose. Some potential variations could include: 1. New Mexico Form of Indemnity Agreement for Financial Services: This type of agreement is designed for clients or individuals seeking financial services from the Financial Corporation of Santa Barbara in New Mexico. It may include provisions relating to investment advice, estate planning, or other financial services provided by the corporation. 2. New Mexico Form of Indemnity Agreement for Real Estate Transactions: This agreement is relevant for clients or individuals engaged in real estate transactions with the Financial Corporation of Santa Barbara in New Mexico. It may cover indemnification related to property sales, mortgage agreements, or other real estate-related activities. 3. New Mexico Form of Indemnity Agreement for Business Partnerships: In cases where the Financial Corporation of Santa Barbara enters into partnership agreements with other entities or businesses in New Mexico, this agreement may outline the indemnification terms specific to such partnerships. It could cover joint ventures, collaborative projects, or any business arrangements between the parties involved. Keywords: New Mexico, form of indemnity agreement, Financial Corporation of Santa Barbara, legal contract, indemnification, clients, partners, protective measure, losses, damages, legal liabilities, state-specific, compliance, laws, regulations, variations, financial services, real estate transactions, business partnerships.
The New Mexico Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legal contract that outlines the terms and conditions of indemnification provided by the Financial Corporation of Santa Barbara to its clients or partners in New Mexico. This agreement serves as a protective measure, ensuring that the party being indemnified is safeguarded against any potential losses, damages, or legal liabilities that may arise during the course of their business relationship. This particular form of indemnity agreement is tailored to comply with the laws and regulations specific to the state of New Mexico, providing both parties with a clear understanding of their rights and responsibilities. It is important to note that there could be various types or versions of this agreement, each with its own specific focus or purpose. Some potential variations could include: 1. New Mexico Form of Indemnity Agreement for Financial Services: This type of agreement is designed for clients or individuals seeking financial services from the Financial Corporation of Santa Barbara in New Mexico. It may include provisions relating to investment advice, estate planning, or other financial services provided by the corporation. 2. New Mexico Form of Indemnity Agreement for Real Estate Transactions: This agreement is relevant for clients or individuals engaged in real estate transactions with the Financial Corporation of Santa Barbara in New Mexico. It may cover indemnification related to property sales, mortgage agreements, or other real estate-related activities. 3. New Mexico Form of Indemnity Agreement for Business Partnerships: In cases where the Financial Corporation of Santa Barbara enters into partnership agreements with other entities or businesses in New Mexico, this agreement may outline the indemnification terms specific to such partnerships. It could cover joint ventures, collaborative projects, or any business arrangements between the parties involved. Keywords: New Mexico, form of indemnity agreement, Financial Corporation of Santa Barbara, legal contract, indemnification, clients, partners, protective measure, losses, damages, legal liabilities, state-specific, compliance, laws, regulations, variations, financial services, real estate transactions, business partnerships.