Common Contracts
1 similar Indemnity Agreement contracts
Indemnity agreement templateIndemnity Agreement • November 19th, 2021
INDEMNIFICATION AGREEMENT, dated from 200 between Yahoo! Inc., a Delaware company (the “Company”), and (“Indemnitee”). RECITALS WHEREAS, is essential for the Company to retain and attract as administrators and officials the most capable people available. WHEREAS Indemnitee is director and/or official of the Company. WHEREAS, both the Company and Indemnitee recognize the increased risk of litigation and other claims that have been asserted against administrators and civil servants of public companies in today’s environment. WHEREAS the basic protection against the undue risk of personal liability of the directors and agents mentioned above has been provided through the insurance cover that provides reasonable protection at reasonable costs, and Indemnitee is based on the availability of such coverage; but because of substantial changes in the market for such insurance it has become increasingly difficult to obtain such insurance in terms that provide reasonable protection at reasonable
