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Deed Of Indemnity
"I need a Deed of Indemnity under Austrian law for my technology company to protect our new director against all liabilities arising from their role, including third-party claims and regulatory investigations, effective from March 1, 2025."
1. Parties: Identification and details of the Indemnifier and the Indemnitee
2. Background: Context of the indemnity arrangement and the relationship between the parties
3. Definitions: Definitions of key terms used throughout the deed
4. Indemnity: Core indemnification provisions, including scope and extent of the indemnity
5. Duration: Period for which the indemnity remains valid
6. Claims Procedure: Process for making and handling indemnity claims
7. Limitations: Any limitations on the indemnity obligation
8. Representations and Warranties: Statements of fact and promises made by the parties
9. Notices: How formal communications between parties should be made
10. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction
11. Execution: Formal signing requirements and execution blocks
1. Security: Include when additional security for the indemnity obligation is required (e.g., bank guarantee, parent company guarantee)
2. Insurance: Include when specific insurance requirements are needed to support the indemnity
3. Confidentiality: Include when the indemnity relates to sensitive information or trade secrets
4. Assignment: Include when transfer rights need to be specifically addressed
5. Third Party Rights: Include when third parties might be affected by or benefit from the indemnity
6. Force Majeure: Include when certain events should excuse performance of the indemnity obligations
7. Dispute Resolution: Include when specific dispute resolution procedures (e.g., arbitration) are preferred
1. Schedule 1 - Scope of Indemnified Matters: Detailed list or description of matters covered by the indemnity
2. Schedule 2 - Claim Notice Requirements: Detailed procedures and requirements for making claims
3. Schedule 3 - Security Details: Details of any security provided (if applicable)
4. Schedule 4 - Insurance Requirements: Specific insurance requirements and minimum coverage levels (if applicable)
5. Appendix A - Form of Claim Notice: Template for making formal indemnity claims
6. Appendix B - Contact Details: Detailed contact information for notices and claims
Authors
Business Day
Claim
Claim Notice
Commencement Date
Confidential Information
Costs
Damages
Deed
Effective Date
Event of Default
Excluded Claims
Force Majeure Event
Indemnified Matters
Indemnified Party
Indemnifying Party
Indemnity Period
Liabilities
Loss
Material Adverse Effect
Notice
Parties
Related Persons
Representatives
Security
Specified Events
Term
Third Party Claim
Working Hours
Scope of Indemnity
Duration
Claims Procedure
Payment Terms
Security
Insurance
Representations and Warranties
Limitations
Exclusions
Notice Requirements
Confidentiality
Assignment
Third Party Rights
Force Majeure
Termination
Dispute Resolution
Governing Law
Jurisdiction
Severability
Entire Agreement
Amendment
Waiver
Costs and Expenses
Counterparts
Language
Time of Essence
Further Assurance
Financial Services
Insurance
Banking
Construction
Manufacturing
Professional Services
Real Estate
Technology
Healthcare
Energy
Transportation
Mining
Retail
Telecommunications
Legal
Risk Management
Compliance
Finance
Corporate Secretariat
Operations
Insurance
Treasury
Corporate Governance
Mergers & Acquisitions
Chief Legal Officer
Legal Counsel
Risk Manager
Compliance Officer
Chief Financial Officer
Corporate Secretary
Director of Operations
Contract Manager
Insurance Manager
Board Member
Managing Director
Chief Risk Officer
General Counsel
Corporate Lawyer
Financial Controller
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