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Deed of Indemnity for Directors

A Deed of Indemnity for Directors is a legal agreement between a company and a company director or company officer.
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4.1 (16 reviews)
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Under 5 minutes
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Suitable for Australia
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Document Overview

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. You MUST seek advice from a qualified professional before using this deed to check that it meets your specific circumstances.

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
  • Amounts owing to the Director
  • Insurance
  • Rights, powers and remedies

Further Information


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Here's what people say about Lawpath’s Deed of Indemnity for Directors
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Going above and beyondPaul and the team at mclp are simply amazing.....Always available and answer your calls even after hours which is hugely important when running a start-up where pivots are a regular occurrence. It's important for us as a tech start up to be able to get hold of our lawyers for general advice and specific legal requirements in a very past paced and agile start up environment. When and if our requirements change i know i can rely on paul and damien, who are always willing to assist, guide and advise making my life easier, stress-free and well informed so that i can focus on making the right business decisions while also building the business and doing what i’m best at. Thanks again and i look forward to a long relationship with mclp.
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Private user
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So easy to use and to individualise to my needs wiFor a first time business owner unfamiliar with contracts, this document was weasy to creat and individualise to my own needs for my company
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Kate
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Excellent serviceThe document was very well set out and easy to follow
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Private user
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DirectorEasy to create, helpful tips and fast and efficient
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Kristen
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Easy and helpful chat assistanceThe document was easy to create and perfect for my needs.
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HIWA
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Stress freeI found it stress free to create my first will. The workflows built into the electronic form was easy.
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Maria
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So easyMaking it so easy for me to get together policies relevant to my buisness
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Leah
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Great so farI am enjoying using lawpath and everyone is very supportive to help us get off to a great start with our business.
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vicki
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Easy process, friendly & helpful staffExtremely easy to create the required document. Took no time at all. Very happy with the result. And a big thank you to the team at lawpath. Matthew, natasha & tom have been simply brilliant. I would not hesitate in recommending lawpath at all. Will be using lawpath in the future, no doubt at all.
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Private user
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So easy!It literally takes 5 minutes to fill the necessary information and it's ready to use. Great service!
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