Indemnification Agreement (DE Public Company) | Practical Law

Indemnification Agreement (DE Public Company) | Practical Law

This Standard Document is a form of indemnification agreement for directors and officers of a Delaware reporting company. In the indemnification agreement, the company agrees to reimburse the director or officer for losses incurred in legal proceedings related to his service as company director or officer and to advance funds to the director or officer to pay expenses as they are incurred. This Standard Document has integrated notes with important explanations and drafting tips.

Indemnification Agreement (DE Public Company)

Practical Law Standard Document 6-519-6334 (Approx. 35 pages)

Indemnification Agreement (DE Public Company)

by Practical Law Corporate & Securities with contributions from Michael D. Allen of Richards, Layton & Finger, P.A., our Delaware law experts
Maintained • Delaware, USA (National/Federal)
This Standard Document is a form of indemnification agreement for directors and officers of a Delaware reporting company. In the indemnification agreement, the company agrees to reimburse the director or officer for losses incurred in legal proceedings related to his service as company director or officer and to advance funds to the director or officer to pay expenses as they are incurred. This Standard Document has integrated notes with important explanations and drafting tips.