Indemnity for Directors

About this template:

This is an indemnity form that you can use to appoint an individual as acting Director of your company. You may also find other compensation and benefits related document templates to use here https://www.templateguru.co.za/documents/compensation-benefits/ and other Human Resources templates here https://www.templateguru.co.za/templates/finance-accounting/

Excerpt:

WHEREAS the Indemnitors wish to induce each of the Indemnitees to continue to serve as a director and an officer of the Company and each of the Indemnitees is willing under certain circumstances to continue to serve as a director and as an officer of the Company; WHEREAS the Indemnitees have indicated that they do not regard the indemnities available under the Bylaws of the Company as adequate to protect them against the risks associated with their acting as directors and officers of the Company;

Download