Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara

• Category: Corporations - Public - Indemnification
• State: Multi-State
• County: Hillsborough
• Control #: US-CC-17-104M
• Format: Word; Rich Text

Description

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 Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legally binding document that outlines the stipulations and conditions of indemnification provided by Financial Corporation of Santa Barbara in Hillsborough County, Florida. This agreement is designed to protect and secure the interests of both parties involved, namely the corporation and the individuals being indemnified. This agreement is crucial in fostering a sense of financial security and protection for individuals who may be exposed to potential legal risks or liabilities in the course of their employment with the corporation. It outlines the corporation's commitment to cover any legal costs, damages, settlements, or other financial obligations that may arise due to the individual's performance of their duties. The Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara specifies various relevant details, including the scope of indemnification, the responsibilities and obligations of both parties, the procedures for making indemnity claims, and the circumstances under which indemnification may be denied or limited. Keywords: Hillsborough Florida, indemnity agreement, Financial Corporation of Santa Barbara, legal document, indemnification, financial security, legal risks, liabilities, employment, legal costs, damages, settlements, financial obligations, duties, scope of indemnification, responsibilities, obligations, indemnity claims, circumstances, limited indemnification. Types: There may be different types or variations of the Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara specifically tailored for various situations, such as: 1. Hillsborough Florida Form of Indemnity Agreement for Board Members: This agreement is specifically created for individuals serving on the board of directors of Financial Corporation of Santa Barbara in Hillsborough County, Florida, providing them with indemnification coverage and outlining their unique responsibilities and liabilities. 2. Hillsborough Florida Form of Indemnity Agreement for Employees: This agreement is designed for employees of Financial Corporation of Santa Barbara in Hillsborough County, Florida, offering them indemnification protection in cases where legal risks or liabilities are encountered during the course of their employment. 3. Hillsborough Florida Form of Indemnity Agreement for Contractors: Financial Corporation of Santa Barbara may have a specific agreement tailored for contractors or independent service providers, ensuring they receive indemnification coverage for any legal risks or liabilities that may arise during the performance of their contracted services. It is essential to consult the specific version of the Hillsborough Florida Form of Indemnity Agreement provided by Financial Corporation of Santa Barbara to accurately understand the terms, conditions, and parties involved in each individual agreement.

The Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legally binding document that outlines the stipulations and conditions of indemnification provided by Financial Corporation of Santa Barbara in Hillsborough County, Florida. This agreement is designed to protect and secure the interests of both parties involved, namely the corporation and the individuals being indemnified. This agreement is crucial in fostering a sense of financial security and protection for individuals who may be exposed to potential legal risks or liabilities in the course of their employment with the corporation. It outlines the corporation's commitment to cover any legal costs, damages, settlements, or other financial obligations that may arise due to the individual's performance of their duties. The Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara specifies various relevant details, including the scope of indemnification, the responsibilities and obligations of both parties, the procedures for making indemnity claims, and the circumstances under which indemnification may be denied or limited. Keywords: Hillsborough Florida, indemnity agreement, Financial Corporation of Santa Barbara, legal document, indemnification, financial security, legal risks, liabilities, employment, legal costs, damages, settlements, financial obligations, duties, scope of indemnification, responsibilities, obligations, indemnity claims, circumstances, limited indemnification. Types: There may be different types or variations of the Hillsborough Florida Form of Indemnity Agreement by Financial Corporation of Santa Barbara specifically tailored for various situations, such as: 1. Hillsborough Florida Form of Indemnity Agreement for Board Members: This agreement is specifically created for individuals serving on the board of directors of Financial Corporation of Santa Barbara in Hillsborough County, Florida, providing them with indemnification coverage and outlining their unique responsibilities and liabilities. 2. Hillsborough Florida Form of Indemnity Agreement for Employees: This agreement is designed for employees of Financial Corporation of Santa Barbara in Hillsborough County, Florida, offering them indemnification protection in cases where legal risks or liabilities are encountered during the course of their employment. 3. Hillsborough Florida Form of Indemnity Agreement for Contractors: Financial Corporation of Santa Barbara may have a specific agreement tailored for contractors or independent service providers, ensuring they receive indemnification coverage for any legal risks or liabilities that may arise during the performance of their contracted services. It is essential to consult the specific version of the Hillsborough Florida Form of Indemnity Agreement provided by Financial Corporation of Santa Barbara to accurately understand the terms, conditions, and parties involved in each individual agreement.