Corporate Indemnity of Directors and Officers | Canada
Indemnify corporate directors and officers against claims or losses with this free Indemnity Form for Canadian corporations.
Sitting on the board of a corporation, non-profit or condominium can be a risky proposition these days, and directors don't want to leave themselves open to lawsuits because of actions they took on behalf of the company.
Purpose of Indemnity Form
The signing officers of the corporation can use this form to indemnify the directors and officers against claims or losses arising as a result of their acting in their capacity as a director or officer of the corporation.
Corporations should make it standard practice to indemnify every director and officer to protect them against liability.
Format and Jurisdiction
The Corporate Indemnity of Directors and Officers form is available in MS Word format. It is downloadable, fully editable and can be used as often as needed.
This corporate form has been prepared for use by Canadian companies and should only be used in Canada.
Directors Resolution Appointing Officers | Canada
Appoint the corporate officers for a Canadian corporation with this template Directors Resolution.
- A business corporation in Canada must appoint officers to fill the roles set out in its by-laws (such as a president, secretary, treasurer, etc). It is the responsibility of the directors to appoint those individuals.
- The Board of Directors pass resolutions appointing the officers for the corporation and assigning duties to each officer.
- This template can be used by any Canadian or provincial corporation that was formed under a Business Corporations Act. A different form may be required in Quebec.
- This is a downloadable and easy-to-use MS Word document. You can download it immediately after purchase.
Directors Resolutions to Organize Corporation | Canada
Organize a newly incorporated Canadian corporation with these initial Directors Resolutions to Organize Corporation.
- These resolutions can be signed by all of the directors in lieu of holding a formal organizational meeting.
- The resolutions deal with the following matters:
- appointing the corporate officers,
- adopting the corporation's by-laws,
- adopting a form of share certificate and issuing shares to the initial shareholders,
- designating one or more officers as corporate signing authorities,
- appointing a bank,
- setting the fiscal year end of the corporation,
- indemnifying each person who acts as a director or officer.
- These Canada Directors Resolutions to Organize Corporation are provided as a downloadable MS Word file which is fully editable.
- The documents can be used by corporations formed under any Business Corporations Act, whether federally or provincially. Different forms may be required for Quebec.
