US Legal Forms
Localized Forms
California
San Diego
Indemnification Agreement between corporation and its directors...

San Diego California Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met

Name: San Diego California Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met
Brand: US Legal Forms
Rating: 4.62 (212 reviews)

Category:

Corporations - Public - Indemnification

State:

Multi-State

County:

San Diego

Control #:

US-CC-17-158

Format:

Instant download

Description

17-158 17-158 . . . Indemnification Agreement between corporation and its directors and/or officers including future directors and officers containing detailed provisions relating to method for determining whether standards for indemnification or reimbursement have been met and making corporation responsible for all costs of determining whether a person is entitled to indemnification or reimbursement regardless of whether person is ultimately found to be entitled to indemnification

Settlement Agreement Between Husband and W...

View this form

Sample Letter for Request for Information ...

View this form

Addendum To Apartment Lease regarding Smok...

View this form

Proof of Loss for Fire Insurance Claim

View this form

Inventory and Appraisement

View this form

How to fill out San Diego California Indemnification Agreement Between Corporation And Its Directors Regarding Method For Determining Whether Standards For Indemnification Have Been Met?

A document routine always accompanies any legal activity you make. Staring a business, applying or accepting a job offer, transferring ownership, and many other life situations demand you prepare official documentation that differs from state to state. That's why having it all collected in one place is so valuable.

US Legal Forms is the biggest online library of up-to-date federal and state-specific legal templates. Here, you can easily find and download a document for any individual or business objective utilized in your region, including the San Diego Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met.

Locating forms on the platform is amazingly simple. If you already have a subscription to our service, log in to your account, find the sample using the search field, and click Download to save it on your device. Following that, the San Diego Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met will be available for further use in the My Forms tab of your profile.

If you are dealing with US Legal Forms for the first time, adhere to this quick guide to obtain the San Diego Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met:

Make sure you have opened the proper page with your local form.
Utilize the Preview mode (if available) and browse through the template.
Read the description (if any) to ensure the template meets your requirements.
Look for another document via the search option if the sample doesn't fit you.
Click Buy Now when you locate the necessary template.
Decide on the suitable subscription plan, then sign in or register for an account.
Select the preferred payment method (with credit card or PayPal) to proceed.
Opt for file format and save the San Diego Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met on your device.
Use it as needed: print it or fill it out electronically, sign it, and file where requested.

This is the easiest and most trustworthy way to obtain legal paperwork. All the samples provided by our library are professionally drafted and verified for correspondence to local laws and regulations. Prepare your paperwork and run your legal affairs efficiently with the US Legal Forms!

Form Rating

4.62

Satisfied(212)

Form popularity

FAQ

Companies may indemnify directors against the legal and financial costs of proceedings brought by third parties. This does not extend to the legal costs of unsuccessful defence of criminal proceedings, fines imposed by criminal proceedings and fines imposed by regulatory bodies.

Therefore, directors can now be indemnified by companies against such liabilities. Thus, for the acts of director before 01.04. 2014, the Company cannot indemnify the director.

Key Takeaways. Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or damages caused by another party.

An indemnity agreement is a contract that protect one party of a transaction from the risks or liabilities created by the other party of the transaction. Hold harmless agreement, no-fault agreement, release of liability, or waiver of liability are other terms for an indemnity agreement.200c

Indemnification. Indemnification is an undertaking by the company to defend the director and officer against the cost of certain claims, including legal fees, litigation awards and settlement costs.

The rule of indemnity, or the indemnity principle, says that an insurance policy should not confer a benefit that is greater in value than the loss suffered by the insured. Indemnities and insurance both guard against financial losses and aim to restore a party to the financial status held before an event occurred.

Indemnification is where the company reimburses the director or officer for the attorneys' fees and costs, and potentially judgments, incurred in connection with claims arising out of the director's or officer's service to the company.

Further, in light of the recent amendments to Section 145, only certain officers are entitled to mandatory indemnification of expenses as a matter of law when they are successful on the merits; an indemnification agreement allows a director or officer to secure such rights in the absence of express statutory coverage.

There are three levels of indemnification broad, intermediate and limited form: Broad Form Indemnity.Intermediate Form Indemnity.Limited Form Indemnity.Validity of Indemnity Provisions.State-by-State Case.Operations in Multiple States.Insurance Considerations.

Interesting Questions

More info

Items 1 - 9 — INTRODUCTION. 1.1. This Standard Document assumes that: ▫ This agreement is governed by.Sense of Congress on the light attack aircraft initiative of the Air Force. Would likely be in violation of the due process clause of the U.S.. Constitution. Preside as corporate structure of texas tax exemption letter to immediately. WATER PURCHASE AGREEMENT between. This Circular establishes principles for determining costs applicable to grants, contracts, and other agreements with educational institutions. Half reported they were in the process of building new schools that will incorporate some type of joint use facility. 2014 Valero Marketing and Supply Company. All Rights Reserved.

San Diego California Indemnification Agreement between corporation and its directors regarding method for determining whether standards for indemnification have been met

Description

Viewed forms

How to fill out San Diego California Indemnification Agreement Between Corporation And Its Directors Regarding Method For Determining Whether Standards For Indemnification Have Been Met?

Show more info

Form Rating

Form popularity

FAQ

How does a company indemnify its directors?

Can a director indemnify a company?

What does an indemnity agreement cover?

What is indemnification agreement?

What is indemnification agreement for directors and officers?

What is the rule of indemnification?

What is director indemnification?

Do directors have the right to indemnification?

What are the types of indemnification agreements?

Interesting Questions

What is an indemnification agreement between a corporation and its directors?

Why is an indemnification agreement necessary?

What does 'standards for indemnification' mean in the San Diego Indemnification Agreement?

How are the standards for indemnification determined in the San Diego Indemnification Agreement?

Can a director be indemnified without meeting the standards outlined in the agreement?

What happens if a director meets the standards for indemnification?

More info

Trusted and secure by over 3 million people of the world’s leading companies