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Deed Of Indemnity Form
"I need a Deed of Indemnity Form under Hong Kong law to protect our company directors against all personal liabilities arising from their official duties, effective from January 1, 2025, with specific coverage for regulatory compliance and third-party claims."
1. Parties: Identifies and defines all parties to the deed, including the Indemnifier and the Indemnified Party
2. Background: Sets out the context and circumstances leading to the need for the indemnity
3. Definitions and Interpretation: Defines key terms used throughout the deed and establishes interpretation rules
4. Indemnity: Core section detailing the scope and nature of the indemnity being provided
5. Duration: Specifies the period during which the indemnity remains effective
6. Conditions: Sets out any conditions that must be met for the indemnity to be valid
7. Claims Procedure: Details the process for making and handling indemnity claims
8. Limitations: Specifies any limitations on the indemnity, including financial caps if applicable
9. Representations and Warranties: Contains statements of fact and promises made by the parties
10. Notices: Specifies how and where formal notices under the deed should be given
11. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and severability
12. Execution: Formal execution block for signing and witnessing the deed
1. Insurance: Required when specific insurance requirements are imposed on either party to support the indemnity
2. Security: Used when additional security (such as a guarantee or charge) is required to support the indemnity
3. Confidentiality: Needed when the indemnity relates to sensitive information or trade secrets
4. Assignment: Include when transfer rights need to be specifically addressed
5. Step-In Rights: Required when one party needs the right to take over certain obligations or contracts
6. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard jurisdiction clauses
7. Third Party Rights: Needed when third parties are intended to benefit from or be affected by the indemnity
1. Schedule 1 - Indemnified Matters: Detailed list of specific matters, losses, or circumstances covered by the indemnity
2. Schedule 2 - Claims Procedures: Detailed procedures and timeframes for making and responding to indemnity claims
3. Schedule 3 - Excluded Matters: List of specific exclusions from the scope of the indemnity
4. Schedule 4 - Form of Claim Notice: Template form for making formal claims under the indemnity
5. Schedule 5 - Security Documents: Forms of any required security documents or guarantees
6. Appendix A - Related Agreements: Copies or details of any related agreements referenced in the deed
7. Appendix B - Insurance Requirements: Detailed insurance requirements and specifications if applicable
Authors
Financial Services
Banking
Insurance
Real Estate
Construction
Manufacturing
Professional Services
Technology
Healthcare
Energy
Transport and Logistics
Retail
Education
Mining and Resources
Telecommunications
Legal
Finance
Risk Management
Compliance
Corporate Secretarial
Operations
Commercial
Insurance
Corporate Governance
Executive Leadership
Board of Directors
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
General Counsel
Legal Director
Company Secretary
Risk Manager
Compliance Officer
Corporate Director
Managing Director
Finance Director
Board Director
Commercial Director
Operations Director
Project Manager
Contract Manager
Insurance Manager
Corporate Governance Officer
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