Indemnity of Resigning Director by Corporation

Prepare an Indemnity of a Resigning Director with this easy-to-use template.

• The corporation and its shareholders agree to indemnify and hold the director harmless against any claims, losses or damages arising as a result of him/her acting as a director of the corporation.
• The corporation also indemnifies the departing director against any actions brought by the corporation to which the director would be a party by reason of having been a director.

This Indemnity of Resigning Director form is provided in MS Word format, and is fully editable. This is a generic form which is not specific to any country.