Indemnification Agreement (Updated July 2020) (NVCA)
The National Venture Capital Association (NVCA) Model Indemnification Agreement is a template contract that ensures a company will indemnify and advance expenses to its directors and officers—both current and former—for legal claims and liabilities incurred in connection with their service, to the fullest extent permitted by law.
This sample document is the work product of a national coalition of attorneys who specialize in venture capital financings, working under the auspices of the NVCA. This document is intended to serve as a starting point only, and should be tailored to meet your specific requirements. This document should not be construed as legal advice for any particular facts or circumstances. Note that this sample document presents an array of (often mutually exclusive) options with respect to particular deal provisions.
MODEL INDEMNIFICATION AGREEMENT
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