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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Last updated February 24, 2025

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Deed of Indemnity for Directors

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What is a deed of indemnity for directors?

A deed of indemnity for directors is a legal agreement where a company promises to cover certain liabilities and legal costs incurred by its directors or officers while performing their duties.
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When should you use a deed of indemnity for directors?

You should use a deed of indemnity when a director or officer wants explicit protection from personal liability arising from their company role, especially for legal costs or claims related to their official actions.
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What should be in a deed of indemnity for directors?

A deed of indemnity should include indemnity clauses, details of covered liabilities and costs, insurance provisions, rights and remedies, and clear terms outlining the company's obligations to the director.
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Frequently asked questions

What key protections does this deed offer?

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Does this deed protect former directors?

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Can this deed cover all types of liabilities?

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Who needs to sign the deed for it to be valid?

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What are the financial risks for the company?

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How does this deed interact with director’s insurance?

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What steps should be taken after signing?

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View Sample Deed of Indemnity for Directors

Deed of Indemnity for Directors
risk level indicator at Medium level

The Legal Risk Score of a Deed of Indemnity for Directors Template is Medium

Our legal team have marked this document as medium risk considering:

  • The document places significant financial obligations on the Company, including covering various liabilities, costs, and expenses which could impact the Company's financial stability if claims are substantial.
  • The document must be signed as a deed in order to be effective.

Users familiar with such documents should carefully consider the potential financial and operational impacts on the Company before proceeding, ensuring it aligns with their risk management strategies and corporate governance standards.

Meet Our Users

Articles about Deed of Indemnity for Directors

Indemnity Clause: What Are They and Should I Use Them?
By Andrew Huynh|May 29, 2020

Indemnity Clause: What Are They and Should I Use Them?

An indemnity clause is a legally binding promise in which one party undertakes to accept the risks of loss or damage that another party may suffer.

Director ID Update: Two Weeks Leeway To Apply
By Edwin Montoya Zorrilla|Dec 1, 2022

Director ID Update: Two Weeks Leeway To Apply

Director ID Update : The ATO Gives Two Week Leeway to Apply For Director Identification Numbers (DIN). Read this article for more information.

Everything Company Directors Should Know About Liabilities
By Angela Omari|Nov 26, 2025

Everything Company Directors Should Know About Liabilities

Liabilities of directors can take many forms. What if you could avoid being personally liable when things go wrong? Find out all the details.

When Directors Are Liable for Company Debts
By Christopher Tsiknas|Dec 5, 2025

When Directors Are Liable for Company Debts

Are you a company director? Here’s when you’ll be liable for company debts.

Should Employees Sign a Deed of Release?
By Paul Taylor|Nov 26, 2025

Should Employees Sign a Deed of Release?

Being an employer can be challenging. As employees come and go, it's good to know when a deed of release is useful. Read more about when to use one here.

What is a Deed of Settlement? (2025 Update)
By Ilyas Omari|May 14, 2025

What is a Deed of Settlement? (2025 Update)

Looking for an alternative to litigation? Find out how a deed of settlement can provide a negotiated resolution to your legal dispute here.

A Guide to Understanding Indemnity Clauses With Examples
By Raja Abbas|May 14, 2025

A Guide to Understanding Indemnity Clauses With Examples

Learn about indemnity clauses, what they are, how they operate, and how it impacts your business or employees.

Director Duties When a Company Is Insolvent
By Naga Vamaraju|Dec 5, 2025

Director Duties When a Company Is Insolvent

What are you, as director, expected to do if your company is insolvent? Read about your responsibilities, duties and liabilities here.

What Is A Release Deed?
By Raja Abbas|Dec 3, 2024

What Is A Release Deed?

A deed of release is important as it ensures both parties are fully aware of the agreements and terms of a settlement. This article will cover everything you need to know about release deeds.

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