Los Angeles California Form of Indemnity Agreement by Financial Corporation of Santa Barbara

• Category: Corporations - Public - Indemnification
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles, California is a vibrant and diverse city located in Southern California. Known for its stunning coastline, bustling entertainment industry, and cultural diversity, Los Angeles is a popular destination for tourists and a thriving hub for residents. The Los Angeles California Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legally binding document that outlines the terms and conditions of indemnification for the Financial Corporation of Santa Barbara. This agreement serves to protect the corporation against any potential losses, damages, or liabilities incurred during the course of its operations in Los Angeles. Keywords: Los Angeles, California, indemnity agreement, Financial Corporation of Santa Barbara, legal document, indemnification, losses, damages, liabilities, operations. Different types of Los Angeles California Form of Indemnity Agreement by Financial Corporation of Santa Barbara may include: 1. General Indemnity Agreement: This type of agreement covers a broad range of potential losses, damages, or liabilities that the Financial Corporation of Santa Barbara may face in Los Angeles. 2. Specific Indemnity Agreement: This agreement focuses on indemnifying the corporation against specific risks or liabilities that are clearly outlined in the contract. It provides more specific protection for the Financial Corporation of Santa Barbara in Los Angeles. 3. Limited Indemnity Agreement: This type of agreement restricts the scope of indemnification to certain predefined limits or conditions. The Financial Corporation of Santa Barbara may choose this option to minimize potential risks while conducting business in Los Angeles. 4. Third-Party Indemnity Agreement: In cases where the Financial Corporation of Santa Barbara engages in partnerships or collaborations with other entities in Los Angeles, this agreement indemnifies the corporation against losses or liabilities arising from the actions of the third party. 5. Employee Indemnity Agreement: This agreement ensures that the Financial Corporation of Santa Barbara is protected from any losses, damages, or liabilities caused by its employees while conducting business in Los Angeles. It holds the employees accountable for their actions and provides indemnification for the corporation. Keywords: Los Angeles, California, indemnity agreement types, General Indemnity Agreement, Specific Indemnity Agreement, Limited Indemnity Agreement, Third-Party Indemnity Agreement, Employee Indemnity Agreement.

Los Angeles, California is a vibrant and diverse city located in Southern California. Known for its stunning coastline, bustling entertainment industry, and cultural diversity, Los Angeles is a popular destination for tourists and a thriving hub for residents. The Los Angeles California Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legally binding document that outlines the terms and conditions of indemnification for the Financial Corporation of Santa Barbara. This agreement serves to protect the corporation against any potential losses, damages, or liabilities incurred during the course of its operations in Los Angeles. Keywords: Los Angeles, California, indemnity agreement, Financial Corporation of Santa Barbara, legal document, indemnification, losses, damages, liabilities, operations. Different types of Los Angeles California Form of Indemnity Agreement by Financial Corporation of Santa Barbara may include: 1. General Indemnity Agreement: This type of agreement covers a broad range of potential losses, damages, or liabilities that the Financial Corporation of Santa Barbara may face in Los Angeles. 2. Specific Indemnity Agreement: This agreement focuses on indemnifying the corporation against specific risks or liabilities that are clearly outlined in the contract. It provides more specific protection for the Financial Corporation of Santa Barbara in Los Angeles. 3. Limited Indemnity Agreement: This type of agreement restricts the scope of indemnification to certain predefined limits or conditions. The Financial Corporation of Santa Barbara may choose this option to minimize potential risks while conducting business in Los Angeles. 4. Third-Party Indemnity Agreement: In cases where the Financial Corporation of Santa Barbara engages in partnerships or collaborations with other entities in Los Angeles, this agreement indemnifies the corporation against losses or liabilities arising from the actions of the third party. 5. Employee Indemnity Agreement: This agreement ensures that the Financial Corporation of Santa Barbara is protected from any losses, damages, or liabilities caused by its employees while conducting business in Los Angeles. It holds the employees accountable for their actions and provides indemnification for the corporation. Keywords: Los Angeles, California, indemnity agreement types, General Indemnity Agreement, Specific Indemnity Agreement, Limited Indemnity Agreement, Third-Party Indemnity Agreement, Employee Indemnity Agreement.