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Document Id : 104
File Type : Microsoft Word
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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.
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