Indemnification Letter Agreement between Startech Environmental Corporation and Director/Officer
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Summary
Startech Environmental Corporation agrees to indemnify and advance expense payments to the recipient, who serves as a director or executive officer of the company. The agreement confirms that these protections are provided according to the company's current by-laws. The recipient acknowledges and accepts the terms by signing the letter. This agreement ensures the individual is protected from certain liabilities and expenses incurred while performing their corporate duties.
EX-10.1 3 kl07026_10-1.htm FORM OF INDEMNIFICATION LETTER AGREEMENT kl07026_10-1.htm
Exhibit 10.1
Startech Environmental Corporation
88 Danbury Road, Suite 2A
Wilton, CT 06897
July 27, 2009
[Name]
[Address]
Dear ________:
This will confirm the agreement of Startech Environmental Corporation to indemnify you and to advance payments to you for expenses incurred in your capacity as a [director and/or executive officer] of the Corporation as set forth in the By-laws of the Corporation as amended and in effect on the date hereof.
Very truly yours,
[Name]
[Title]
ACKNOWLEDGED:
_________________
[Name]