Form of Indemnification Letter To: _______________, Re: Indemnification Agreement Dear Mr/s. ____________,Indemnification Agreement • May 17th, 2007 • Ectel LTD • Telephone & telegraph apparatus
WHEREAS, it is in the best interest of ECtel Ltd. (the “Company”) to retain and attract as directors, officers and/or employees the most capable persons available, and such persons are becoming more reluctant to serve publicly-held companies unless they are provided with adequate protection through insurance and indemnification in connection with such service; and
