Deed of Indemnity for Directors

Under the Corporations Act 2001 (Cth), a director is subject to many duties and obligations. If a director breaches one of their duties, this can result in serious legal penalties such as fines and bans.This Deed contains terms of how a company will indemnify a company director. Further, it can also cover the costs incurred by a director or officer while performing their role.

Use this Deed of indemnity if:

• You are a director of a company and want to protect yourself from liability in case challenges arise. 
• The company wants to explicitly outline their duties and obligations when liabilities arise. 
• The company wants to proactively incentivise and ensure director’s are not personally liable for breach of duties. 

What does this Deed of indemnity Cover?

• Indemnity clause
• Taxation
• Loans to the Director
• Insurance
• Rights, powers and remedies

Further Information

• What is a Deed of Indemnity?