Indemnification Agreement For Officers And Directors Template for Germany

1. Subsidiary Coverage: Additional provisions for coverage of service at subsidiary companies, used when the indemnified person serves multiple entities

2. Cross-Border Activities: Special provisions for international activities, used when the officer/director operates in multiple jurisdictions

3. Specific Role Provisions: Additional terms specific to particular roles (e.g., CFO, CTO), used when role-specific risks need to be addressed

4. Change in Control: Provisions regarding continuation of indemnification after corporate restructuring, used when such events are anticipated

5. Tax Implications: Specific provisions regarding tax treatment of indemnification payments, used when tax consequences need clarification

6. Retirement Benefits: Extended coverage for retired officers/directors, used when post-retirement protection is desired

1. Schedule A - Covered Positions: List of specific positions and roles covered by the indemnification

2. Schedule B - Notification Procedures: Detailed procedures for claim notification and processing

3. Schedule C - Insurance Policies: List of relevant D&O insurance policies and their relationship to the indemnification

4. Appendix 1 - Form of Undertaking: Standard form for the indemnified person's undertaking to repay advanced expenses if required

5. Appendix 2 - Claim Documentation Requirements: Checklist and requirements for supporting documentation for claims

6. Appendix 3 - Corporate Resolutions: Copies of relevant board resolutions authorizing the indemnification agreement