Indemnification Agreement between [Company Name] and Directors/Officers
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Indemnification Agreements
Summary
This agreement is between a company and its directors or officers. It outlines the company's obligation to protect and reimburse these individuals for certain legal expenses and liabilities that may arise from their roles within the company. The agreement specifies the conditions under which indemnification applies, any exclusions, and the process for making claims. It is designed to provide assurance to directors and officers that they will be supported in legal matters related to their official duties.
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