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Deed Of Indemnity Form
"I need a Deed of Indemnity Form for a newly appointed director of our Mumbai-based technology company, to be effective from March 1, 2025, protecting them against all claims and liabilities arising from their role as director, with specific coverage for regulatory compliance matters."
1. Parties: Identification of the Indemnifier and the Indemnified Party with full legal names and addresses
2. Background: Recitals explaining the context and circumstances leading to the indemnity
3. Definitions: Definitions of key terms used throughout the deed, including 'Loss', 'Claim', and 'Indemnified Matter'
4. Indemnity: Core provision detailing the scope of indemnity, what losses are covered, and when the indemnity is triggered
5. Duration: Period for which the indemnity remains valid and any survival provisions
6. Claims Procedure: Process for making claims under the indemnity, including notice requirements and time limits
7. Limitations: Any caps, exclusions, or limitations on the indemnity obligation
8. Payment Terms: Timing and method of payment for indemnified amounts
9. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
10. Execution: Formal execution blocks for signing as a deed with witness requirements
1. Multiple Indemnifiers: Section addressing joint and several liability when there are multiple indemnifying parties
2. Subrogation Rights: Details of the indemnifier's rights to step into the shoes of the indemnified party
3. Insurance: Requirements for insurance coverage related to the indemnified matters
4. Security: Provisions for any security or guarantee backing the indemnity obligations
5. Third Party Rights: Section addressing whether third parties can benefit from or enforce the indemnity
6. Assignment: Provisions regarding the ability to transfer rights under the indemnity
7. Dispute Resolution: Alternative dispute resolution procedures before court litigation
1. Schedule 1 - Specific Indemnified Matters: Detailed list of specific matters, events, or circumstances covered by the indemnity
2. Schedule 2 - Claim Notice Requirements: Detailed procedures and requirements for submitting claims
3. Schedule 3 - Excluded Losses: Specific list of losses or circumstances explicitly excluded from the indemnity
4. Appendix A - Form of Claim Notice: Template for submitting claims under the indemnity
5. Appendix B - Security Documents: Copies or details of any security provided to support the indemnity obligations
Authors
Business Day
Claim
Claim Notice
Commencement Date
Confidential Information
Control
Costs
Damages
Effective Date
Encumbrance
Event of Default
Excluded Losses
Group
Indemnified Matter
Indemnified Party
Indemnifier
Indemnity Period
Law
Liability
Loss
Material Adverse Effect
Notice
Party/Parties
Payment Date
Proceedings
Related Party
Relevant Period
Representatives
Security
Subsidiary
Tax
Term
Territory
Third Party Claim
Transaction Documents
Indemnity Obligations
Scope of Indemnity
Duration
Claims Procedure
Payment Terms
Limitations and Exclusions
Representations and Warranties
Confidentiality
Force Majeure
Assignment
Notices
Severability
Entire Agreement
Variation
Waiver
Further Assurance
Costs and Expenses
Counterparts
Third Party Rights
Governing Law
Jurisdiction
Dispute Resolution
Time Limits
Execution
Financial Services
Insurance
Banking
Real Estate
Construction
Manufacturing
Information Technology
Healthcare
Professional Services
Energy
Infrastructure
Telecommunications
Transportation
Mining
Retail
Legal
Finance
Risk Management
Compliance
Corporate Secretarial
Board of Directors
Executive Management
Operations
Business Development
Treasury
Legal Counsel
Corporate Secretary
Risk Manager
Compliance Officer
Chief Financial Officer
Chief Executive Officer
Director
Company Secretary
General Counsel
Contract Manager
Legal Manager
Business Development Manager
Finance Director
Operations Director
Board Member
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