Director Indemnity Agreement

Strong indemnification protections and comprehensive insurance for directors and officers (“D&O insurance”) are vital to a company’s ability to attract qualified directors and officers. 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.

Indemnity Agreements provide safe harbor for directors and officers and allow them to take the risks that help a company grow.