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Indemnification

This Form reduces costs and risks for the indemnified party.

Indemnification
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This is the form you need if you want a person to be reimbursed for losses or judgments against such person.”
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Form Overview
The Indemnification provides a legal framework in which one party agrees to indemnify a second party from claims arising in connection with a Loan Agreement originally guaranteed by the Second Party as a Shareholder of the Corporation debtor. Such indemnifications are commonplace in arrangements involving buyout of fellow shareholder interests. The indemnification extends only to the loan document. The indemnifying party also extends a release. The loan documents are referenced by number. Arbitration applies. You can find answers to your questions using our extensive library of audio questions and answers
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