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This is a sample promoter indemnity agreement, under which a promoter who engaged into certain acts and agreements prior to the incorporation of a company assigns to the company the resulting rights and obligations in such pre-incorporation agreements, assets and liabilities, and the company agrees to indemnify the promoter in connection with the assigned assets and liabilities. The sample includes a clause choosing the laws of California.

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Region: United States
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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