New York Indemnification Agreement for the Benefit of Corporate Director, Officer, Employee, Agent, or Representative
Category:
State:
Multi-State
Control #:
US-1340913A-BG
Format:
Word;
Rich Text
Instant download
Description
An indemnity agreement should clearly state the indemnitor's obligation to defend against claims and lawsuits, and which of the parties is to have final responsibility and authority for defense and settlement of claims. If the parties assume that the indemnitor will indemnify the indemnitee even against loss or liability caused by the indemnitee's own negligence, they should specifically and unambiguously state that in the agreement.
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