A Director and Officer Indemnification Agreement protects company directors and officers from personal liability for any wrongful acts that occur while they are acting in their official capacity.
This legal template likely outlines the terms and conditions for indemnifying directors and officers of a company under USA law, protecting them from financial harm or liability during the course of their duties. It may cover the scope and extent of indemnification, conditions for reimbursement, and any limitations or exclusions that apply.
