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Letter Of Indemnification To Former Director Templates Free Download
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Below is the Letter Of Indemnification To Former Directortemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link.
[DATE]
Contact name
Address
Address 2
City, State/Province
Zip/Postal Code
OBJECT: LETTER OF INDEMNIFICATION
Dear [CONTACT NAME]:
For good and valuable consideration, we, [YOUR COMPANY NAME], hereby undertake and agree to indemnify and save harmless you and your heirs and legal representatives, respectively, from and against any Expenses (herein defined) incurred by you in respect of any action, suit or proceeding brought, commenced or prosecuted against you or to which you are made a party by reason of being or having been a director of [YOUR COMPANY NAME] and otherwise in connection with the execution of your mandate as a director of [YOUR COMPANY NAME], except such Expenses as are occasioned by your own fault.
As used in this Letter of Indemnification, the term Expenses shall include all liabilities, costs, charges and expenses whatsoever, including, without limitation, judgments, fines, penalties, amounts paid in settlement and lawyers fees and disbursements.
This Letter of Indemnification shall be governed by and construed in accordance with the laws of the [STATE/PROVINCE] of [STATE/PROVINCE].
SIGNED AND DATED IN [CITY, STATE/PROVINCE], this [DAY] day of, [MONTH, YEAR].
[YOUR NAME]
[YOUR TITLE]
[YOUR PHONE NUMBER]
[YOUREMAIL@YOURCOMPANY.COM]click to download Letter Of Indemnification To Former Director template
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