Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Director Indemnity Agreement
"I need a Director Indemnity Agreement under Malaysian law for our fintech company, covering three newly appointed directors starting from January 2025, with specific provisions for regulatory compliance in the financial services sector."
1. Parties: Identification of the company and the director(s) being indemnified
2. Background: Context of the agreement, director's appointment, and purpose of the indemnity
3. Definitions: Key terms used throughout the agreement, including 'Indemnified Events', 'Claims', 'Losses', and 'Proceedings'
4. Scope of Indemnity: Detailed description of what events, actions, and circumstances are covered by the indemnification
5. Limitations and Exclusions: Statutory limitations and specific exclusions where indemnity will not apply, in compliance with Companies Act 2016
6. Claims Procedure: Process for making claims under the indemnity, including notification requirements and timelines
7. Company's Obligations: Specific obligations of the company in providing the indemnity and handling claims
8. Director's Obligations: Director's duties in relation to claims, including cooperation and mitigation requirements
9. Duration and Survival: Term of the indemnity and provisions that survive termination
10. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes
1. D&O Insurance: Provisions regarding the company's obligations to maintain directors' and officers' insurance, used when the company agrees to provide additional insurance coverage
2. Advance Payment of Costs: Provisions for advance payment of legal costs before final determination, included when immediate access to funds for defense is required
3. Multiple Directors: Additional provisions for agreements covering multiple directors, used when the indemnity applies to more than one director
4. Subsidiary Coverage: Extended coverage for directorships in subsidiary companies, included when the director serves on boards of subsidiary companies
5. Tax Implications: Provisions dealing with tax consequences of indemnity payments, included when tax treatment needs to be explicitly addressed
6. Alternative Dispute Resolution: Mediation and arbitration provisions, included when parties prefer alternative dispute resolution to court proceedings
1. Schedule 1: Scope of Indemnified Events: Detailed list of specific events, actions, and circumstances covered by the indemnity
2. Schedule 2: Claims Notification Form: Standard form for directors to notify the company of claims under the indemnity
3. Schedule 3: Insurance Requirements: Specific details of required D&O insurance coverage, if applicable
4. Appendix A: Board Resolution: Copy of board resolution approving the indemnity agreement
5. Appendix B: Subsidiary Companies: List of subsidiary companies covered by the indemnity, if applicable
Authors
Financial Services
Manufacturing
Technology
Healthcare
Real Estate
Retail
Energy
Telecommunications
Transportation
Professional Services
Education
Mining
Construction
Agriculture
Hospitality
Legal
Corporate Secretariat
Risk Management
Compliance
Board of Directors
Executive Management
Corporate Governance
Internal Audit
Finance
Human Resources
Director
Executive Director
Non-Executive Director
Independent Director
Managing Director
Chief Executive Officer
Company Secretary
General Counsel
Chief Financial Officer
Chief Risk Officer
Head of Legal
Corporate Governance Officer
Board Chairman
Audit Committee Chairman
Risk Committee Chairman
Find the exact document you need
Directors Contract Of Employment
A Malaysian law-governed employment agreement for company directors that sets out terms of appointment, duties, and remuneration while ensuring compliance with local corporate and employment laws.
Director Indemnity Agreement
A Malaysian law-governed agreement providing indemnification protection to company directors for liabilities incurred while performing their duties.
Nominee Director Contract
A Malaysian law-governed agreement establishing the appointment, duties, and obligations of a nominee director under the Companies Act 2016.
Medical Director Contract Agreement
A Malaysian law-governed agreement establishing terms and conditions for a Medical Director's appointment, including clinical and administrative responsibilities in a healthcare facility.
Director Indemnification Agreement
A Malaysian law-governed agreement establishing terms for company indemnification of directors against liabilities and expenses incurred in their director role.
Director Appointment Agreement
A Malaysian law-governed agreement establishing the terms and conditions of a director's appointment to a company's board, including duties, responsibilities, and remuneration.
Nominee Director Indemnity Agreement
A Malaysian law-governed agreement providing indemnification protection to nominee directors, outlining terms of protection and compliance with local corporate regulations.
Director Profit Sharing Agreement
A Malaysian law-governed agreement establishing profit sharing arrangements between a company and its director, including calculation methods and payment terms.
Director Shareholder Agreement
A Malaysian law-governed agreement establishing rights, duties, and relationships between company directors and shareholders.
Director Fee Agreement
A Malaysian law-governed agreement establishing director remuneration terms, fees, and related obligations.
Independent Director Agreement
A Malaysian law-governed agreement establishing the terms and conditions for appointing an independent director to a company's board.
Directors Loan Agreement
A Malaysian law-governed agreement establishing loan terms between a company and its director, compliant with the Companies Act 2016 and related regulations.
Company Director Agreement
A Malaysian law-governed agreement establishing the terms and conditions of a director's appointment and duties to a company.
Non Executive Director Agreement
A Malaysian law-governed agreement establishing the appointment terms and duties of a Non-Executive Director on a company's board.
Executive Director Employment Contract
A Malaysian law-governed employment agreement for Executive Directors, combining employment terms and corporate governance requirements.
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.