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Company Name Indemnification Agreement This Indemnification Agreement (this Agreement) is made as of, by and between Company Name, a Delaware corporation (the Company), and (Indemnity). RECITALS The
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This indemnification agreement is a legal document that outlines the terms and conditions under which one party agrees to indemnify, or compensate, another party for certain losses or damages.
Typically, both parties involved in a business transaction where potential risks or liabilities are present are required to file the indemnification agreement.
To fill out the indemnification agreement, both parties must provide detailed information about the risks involved, the extent of liability, and the compensation terms in case of losses.
The purpose of this indemnification agreement is to protect both parties involved in a business transaction from potential financial losses due to unforeseen risks or liabilities.
The indemnification agreement must include details about the parties involved, the scope of indemnification, the potential risks or liabilities, and the compensation terms.
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