INDEMNIFICATION AGREEMENT dated as of __________________________, 2008 between The Williams Companies, Inc. (the “Company”), and _______________________________ (“Indemnitee”)Indemnification Agreement • September 24th, 2008 • Williams Companies Inc • Natural gas transmission • Delaware
WHEREAS, the Board of Directors has determined that the inability to attract and retain qualified persons as directors and officers is detrimental to the best interests of the Company’s stockholders and that the Company should act to assure such persons that there will be adequate certainty of protection through insurance and indemnification against risks of claims and actions against them arising out of their service to and activities on behalf of the Company; and
