Indemnified Persons definition: Copy, customize, and use instantly
Introduction
The term "Indemnified Persons" refers to individuals or entities protected under a contract from financial losses, liabilities, claims, or damages arising from specific events or third-party actions. Typically, these persons include company officers, directors, employees, agents, and other related parties who may be exposed to legal or financial risks. "Indemnified Persons" clauses are commonly found in commercial agreements, corporate governance documents, and liability protection provisions.
Below are various examples of how "Indemnified Persons" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Indemnified Persons" in a corporate officer and director liability protection context
This definition ties "Indemnified Persons" to executive protection.
"Indemnified Persons" refers to any current or former officer, director, employee, or agent of the company who is entitled to indemnification for losses, liabilities, or legal expenses incurred in connection with their official duties.
Definition of "Indemnified Persons" in a commercial contract and third-party claim defense context
This definition connects "Indemnified Persons" to contractual liability protection.
"Indemnified Persons" means any party protected under this agreement, including employees, contractors, and representatives, against third-party claims, lawsuits, or damages arising from the performance of contractual obligations.
Definition of "Indemnified Persons" in an M&A and transaction-related indemnification context
This definition links "Indemnified Persons" to deal-related protections.
"Indemnified Persons" refers to the seller, its affiliates, directors, officers, and advisors who are indemnified against claims, liabilities, and legal costs resulting from representations, warranties, or breaches in connection with the transaction.
Definition of "Indemnified Persons" in a financial services and fiduciary duty context
This definition applies "Indemnified Persons" to financial industry protections.
"Indemnified Persons" means any trustee, investment manager, or fiduciary acting in a professional capacity, who is entitled to indemnification for losses, claims, or legal actions arising from their fiduciary responsibilities.
Definition of "Indemnified Persons" in a professional services and consultant liability protection context
This definition ties "Indemnified Persons" to service provider protection.
"Indemnified Persons" refers to any consultant, advisor, or independent contractor engaged by a party to this agreement who is entitled to indemnification for claims, liabilities, or expenses arising from their professional services.
Definition of "Indemnified Persons" in an insurance and risk management context
This definition connects "Indemnified Persons" to policyholder protection.
"Indemnified Persons" means any insured party, beneficiary, or additional named insured covered under a liability policy, entitled to reimbursement for losses, legal fees, or damages as specified in the policy terms.
Definition of "Indemnified Persons" in a supplier and vendor agreement context
This definition links "Indemnified Persons" to supply chain protections.
"Indemnified Persons" refers to suppliers, vendors, subcontractors, or distributors who are contractually protected from third-party claims, losses, or liabilities arising from the provision of goods or services.
Definition of "Indemnified Persons" in a technology and intellectual property license agreement context
This definition applies "Indemnified Persons" to IP-related liabilities.
"Indemnified Persons" means any licensor, licensee, or authorized user of intellectual property under this agreement, entitled to indemnification for claims alleging infringement, misappropriation, or unauthorized use of IP rights.
Definition of "Indemnified Persons" in a nonprofit organization and volunteer liability context
This definition ties "Indemnified Persons" to nonprofit protections.
"Indemnified Persons" refers to board members, executives, employees, and volunteers of a nonprofit entity who are indemnified against liabilities, lawsuits, or claims arising from their activities conducted in good faith on behalf of the organization.
Definition of "Indemnified Persons" in an employment contract and workplace liability context
This definition connects "Indemnified Persons" to employee protections.
"Indemnified Persons" means any employee, officer, or agent of the employer who is entitled to protection from legal claims, liabilities, or financial losses incurred while performing job-related duties in good faith.
Definition of "Indemnified Persons" in a financial institution and banking transaction context
This definition links "Indemnified Persons" to financial risk coverage.
"Indemnified Persons" refers to any bank officer, director, or authorized representative protected from liability arising from financial transactions, lending decisions, or regulatory compliance actions.
Definition of "Indemnified Persons" in a construction and contractor agreement context
This definition applies "Indemnified Persons" to building and development protections.
"Indemnified Persons" means any contractor, subcontractor, architect, or engineer engaged in a construction project, entitled to indemnification for third-party claims, safety violations, or property damage.
Definition of "Indemnified Persons" in a healthcare and medical services liability context
This definition ties "Indemnified Persons" to health care liability protection.
"Indemnified Persons" refers to any physician, nurse, hospital administrator, or medical professional covered under an indemnification agreement for malpractice claims, regulatory violations, or patient disputes.
Definition of "Indemnified Persons" in a data security and cybersecurity breach context
This definition connects "Indemnified Persons" to digital security risks.
"Indemnified Persons" means any entity, employee, or contractor involved in managing, processing, or securing data, entitled to indemnification for liabilities related to data breaches, cyberattacks, or unauthorized access.
Definition of "Indemnified Persons" in a franchising and business operations agreement context
This definition links "Indemnified Persons" to franchisee and franchisor protections.
"Indemnified Persons" refers to franchisors, franchisees, and their respective officers and employees, who are protected against claims, losses, or damages arising from the operation or management of a franchised business.
Definition of "Indemnified Persons" in a media and entertainment industry contract context
This definition applies "Indemnified Persons" to content-related liabilities.
"Indemnified Persons" means any producer, publisher, broadcaster, or performer covered under an agreement for indemnification against claims related to defamation, copyright infringement, or content distribution.
Definition of "Indemnified Persons" in a joint venture and partnership liability context
This definition ties "Indemnified Persons" to collaborative business ventures.
"Indemnified Persons" refers to any joint venture partner, stakeholder, or managing entity who is contractually entitled to indemnification for liabilities arising from the partnership’s activities.
Definition of "Indemnified Persons" in an aviation and airline regulatory compliance context
This definition connects "Indemnified Persons" to airline liability protections.
"Indemnified Persons" means any airline operator, pilot, flight crew member, or maintenance provider covered under an indemnification clause for regulatory violations, accidents, or third-party claims.
Definition of "Indemnified Persons" in a government contract and public sector liability context
This definition links "Indemnified Persons" to government contractors and officials.
"Indemnified Persons" refers to government officials, agencies, and contractors performing public services who are entitled to indemnification for claims, lawsuits, or liabilities incurred in the course of official duties.
Definition of "Indemnified Persons" in a shipping and logistics agreement context
This definition applies "Indemnified Persons" to transport and logistics protections.
"Indemnified Persons" means any carrier, freight forwarder, warehouse provider, or shipping agent who is indemnified against claims, cargo damage, or transportation-related liabilities.
Definition of "Indemnified Persons" in a cryptocurrency and blockchain platform agreement context
This definition ties "Indemnified Persons" to digital asset protections.
"Indemnified Persons" refers to blockchain developers, cryptocurrency exchanges, and platform users who are indemnified against financial losses, regulatory claims, or technological failures related to digital asset transactions.
Definition of "Indemnified Persons" in a renewable energy and environmental compliance context
This definition connects "Indemnified Persons" to sustainability project risks.
"Indemnified Persons" means any renewable energy provider, environmental consultant, or green technology company protected from legal and financial liability arising from regulatory compliance or sustainability projects.
Definition of "Indemnified Persons" in an oil and gas exploration and extraction liability context
This definition links "Indemnified Persons" to energy sector protections.
"Indemnified Persons" refers to any oil and gas operator, drilling contractor, or engineer entitled to indemnification for environmental claims, operational liabilities, or regulatory fines.
Definition of "Indemnified Persons" in a sports team and athlete liability protection context
This definition applies "Indemnified Persons" to professional sports contracts.
"Indemnified Persons" means any professional athlete, coach, agent, or team owner protected from liabilities related to contractual disputes, sponsorship deals, or personal injury claims.
Definition of "Indemnified Persons" in a private equity and investment fund liability context
This definition ties "Indemnified Persons" to fund management protection.
"Indemnified Persons" refers to any fund manager, general partner, or limited partner who is contractually entitled to indemnification for liabilities, legal claims, or regulatory issues arising from fund operations.
Definition of "Indemnified Persons" in a real estate development and property management context
This definition connects "Indemnified Persons" to property sector protections.
"Indemnified Persons" means any real estate developer, property manager, or landlord who is indemnified against liabilities, tenant disputes, construction defects, or zoning violations.
Definition of "Indemnified Persons" in a crowdfunding platform and investor protection context
This definition links "Indemnified Persons" to alternative financing risks.
"Indemnified Persons" refers to any crowdfunding platform operator, project creator, or financial backer who is indemnified against losses, regulatory claims, or third-party disputes related to fundraising activities.
Definition of "Indemnified Persons" in a manufacturing and product liability context
This definition applies "Indemnified Persons" to supply chain accountability.
"Indemnified Persons" means any manufacturer, distributor, or retailer protected from product liability claims, recalls, or regulatory penalties arising from the sale of goods.
Definition of "Indemnified Persons" in a biotechnology and pharmaceutical research context
This definition ties "Indemnified Persons" to medical innovation protections.
"Indemnified Persons" refers to researchers, clinical trial sponsors, and pharmaceutical companies who are indemnified against liabilities related to drug development, adverse reactions, or regulatory compliance.
Definition of "Indemnified Persons" in a tourism and hospitality liability protection context
This definition connects "Indemnified Persons" to travel and leisure services.
"Indemnified Persons" means any hotel operator, tour provider, or travel agency covered under an indemnification agreement for claims related to customer safety, trip cancellations, or service disruptions.
Definition of "Indemnified Persons" in a software development and technology services context
This definition links "Indemnified Persons" to IT sector protections.
"Indemnified Persons" refers to software developers, technology service providers, and platform operators who are indemnified against intellectual property disputes, data breaches, or system failures.
Definition of "Indemnified Persons" in a music and entertainment production agreement context
This definition applies "Indemnified Persons" to creative industry protections.
"Indemnified Persons" means any musician, producer, director, or studio executive protected from claims arising from copyright infringement, contractual disputes, or performance cancellations.
Definition of "Indemnified Persons" in a financial advisory and wealth management agreement context
This definition ties "Indemnified Persons" to client asset management risks.
"Indemnified Persons" refers to financial advisors, wealth managers, and investment firms who are indemnified against legal claims, misrepresentation allegations, or fiduciary liability.
Definition of "Indemnified Persons" in a healthcare compliance and medical device liability context
This definition connects "Indemnified Persons" to medical technology protections.
"Indemnified Persons" means any medical device manufacturer, distributor, or healthcare provider who is contractually entitled to indemnification for product defects, patient injuries, or regulatory noncompliance.
Definition of "Indemnified Persons" in an esports and gaming industry liability context
This definition links "Indemnified Persons" to competitive gaming protections.
"Indemnified Persons" refers to esports players, tournament organizers, and game developers who are indemnified against claims related to intellectual property disputes, sponsorship agreements, or player contracts.
Definition of "Indemnified Persons" in an international trade and export-import liability context
This definition applies "Indemnified Persons" to cross-border commerce risks.
"Indemnified Persons" means any exporter, importer, or customs broker who is contractually protected from liabilities, trade restrictions, or regulatory fines arising from international transactions.
Definition of "Indemnified Persons" in a logistics and transportation liability context
This definition ties "Indemnified Persons" to supply chain risk management.
"Indemnified Persons" refers to logistics providers, freight carriers, and warehouse operators who are indemnified against claims related to cargo loss, shipping delays, or contract disputes.
Definition of "Indemnified Persons" in an influencer marketing and brand partnership agreement context
This definition connects "Indemnified Persons" to digital content creators.
"Indemnified Persons" means any influencer, content creator, or brand ambassador who is indemnified against claims related to advertising disclosures, intellectual property violations, or contractual obligations.
Definition of "Indemnified Persons" in an oil and gas exploration and environmental compliance context
This definition links "Indemnified Persons" to energy sector accountability.
"Indemnified Persons" refers to energy producers, drilling contractors, and engineers who are indemnified against environmental liabilities, operational risks, or regulatory fines.
Definition of "Indemnified Persons" in a political campaign and election liability context
This definition applies "Indemnified Persons" to campaign finance risks.
"Indemnified Persons" means any candidate, campaign manager, or political consultant who is contractually entitled to indemnification for claims related to fundraising, advertising, or election law compliance.
Definition of "Indemnified Persons" in an AI development and ethical liability context
This definition ties "Indemnified Persons" to artificial intelligence regulations.
"Indemnified Persons" refers to AI developers, data scientists, and technology companies who are indemnified against liabilities arising from algorithm biases, privacy violations, or misuse of artificial intelligence applications.
Definition of "Indemnified Persons" in a construction defect and warranty liability context
This definition connects "Indemnified Persons" to building industry protections.
"Indemnified Persons" means any architect, contractor, or engineer who is indemnified against defects, structural failures, or breach of construction warranties.
Definition of "Indemnified Persons" in a digital asset and cryptocurrency transaction context
This definition links "Indemnified Persons" to blockchain technology protections.
"Indemnified Persons" refers to cryptocurrency exchanges, wallet providers, and token issuers who are indemnified against financial losses, regulatory challenges, or fraud claims.
Definition of "Indemnified Persons" in a robotics and automation liability context
This definition applies "Indemnified Persons" to industrial automation risks.
"Indemnified Persons" means any robotics manufacturer, automation engineer, or industrial AI developer who is indemnified against claims related to equipment failures, workplace safety, or system malfunctions.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.