Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara

• Category: Corporations - Public - Indemnification
• State: Multi-State
• County: Sacramento
• 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 Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara: The Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legal document that outlines the terms and conditions for indemnifying the corporation against potential losses or damages. This agreement serves as a safeguard for the corporation, providing protection and financial compensation in case of any legal claims or liabilities arising from actions taken by the corporation or its employees. Keywords: Sacramento California, Form of Indemnity Agreement, Financial Corporation, Santa Barbara, legal document, indemnifying corporation, potential losses, damages, safeguard, protection, financial compensation, legal claims, liabilities, actions, employees. Different types of Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara: 1. General Indemnity Agreement: This type of agreement provides broad coverage to the corporation, offering protection against various types of claims or liabilities. 2. Employee Indemnity Agreement: This agreement specifically focuses on indemnifying the corporation against any legal claims or liabilities arising from actions taken by its employees. 3. Director and Officer Indemnity Agreement: This type of agreement is designed to protect the corporation's directors and officers from potential legal claims or liabilities incurred while performing their duties. 4. Third-Party Indemnity Agreement: This agreement is necessary when the corporation enters into any business or contractual arrangements with third parties, ensuring indemnification against losses or damages resulting from the actions of these third parties. 5. Product Liability Indemnity Agreement: In cases where the corporation manufactures or distributes products, this agreement provides protection against any legal claims or liabilities arising from potential injuries or damages caused by these products. 6. Vendor Indemnity Agreement: This agreement is relevant when the corporation engages with vendors or suppliers, offering indemnification against any losses or damages resulting from the vendor's actions or supplied products/services. Keywords: General Indemnity Agreement, Employee Indemnity Agreement, Director and Officer Indemnity Agreement, Third-Party Indemnity Agreement, Product Liability Indemnity Agreement, Vendor Indemnity Agreement.

Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara: The Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara is a legal document that outlines the terms and conditions for indemnifying the corporation against potential losses or damages. This agreement serves as a safeguard for the corporation, providing protection and financial compensation in case of any legal claims or liabilities arising from actions taken by the corporation or its employees. Keywords: Sacramento California, Form of Indemnity Agreement, Financial Corporation, Santa Barbara, legal document, indemnifying corporation, potential losses, damages, safeguard, protection, financial compensation, legal claims, liabilities, actions, employees. Different types of Sacramento California Form of Indemnity Agreement by Financial Corporation of Santa Barbara: 1. General Indemnity Agreement: This type of agreement provides broad coverage to the corporation, offering protection against various types of claims or liabilities. 2. Employee Indemnity Agreement: This agreement specifically focuses on indemnifying the corporation against any legal claims or liabilities arising from actions taken by its employees. 3. Director and Officer Indemnity Agreement: This type of agreement is designed to protect the corporation's directors and officers from potential legal claims or liabilities incurred while performing their duties. 4. Third-Party Indemnity Agreement: This agreement is necessary when the corporation enters into any business or contractual arrangements with third parties, ensuring indemnification against losses or damages resulting from the actions of these third parties. 5. Product Liability Indemnity Agreement: In cases where the corporation manufactures or distributes products, this agreement provides protection against any legal claims or liabilities arising from potential injuries or damages caused by these products. 6. Vendor Indemnity Agreement: This agreement is relevant when the corporation engages with vendors or suppliers, offering indemnification against any losses or damages resulting from the vendor's actions or supplied products/services. Keywords: General Indemnity Agreement, Employee Indemnity Agreement, Director and Officer Indemnity Agreement, Third-Party Indemnity Agreement, Product Liability Indemnity Agreement, Vendor Indemnity Agreement.