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Indemnity Agreement

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INDEMNITY AGREEMENT
This Indemnity Agreement (the “Agreement”) is made and effective this 4th day of April, 2019,
BETWEEN: Weatherman Time, Inc (the 'Indemnitor'), a corporation organized and existing under the laws of the state of Ohio with its head office located at: 20 North Broadway, Suite 1800, Cleveland, Ohio 44113-2241
AND: Wood Crapo LLC (the 'Indemnitee'), a corporation organized and existing under the laws of the state of California with its head office located at: 2500 Terminal Tower, 50 Public Square, Sacramento, California 46107
In consideration of the sum of [AMOUNT], and other good and valuable consideration, receipt of which is acknowledged, on behalf of themselves, their heirs, assigns and successors, jointly and severally enter into this Indemnity Agreement to hold each other harmless form any suit, liability, claim, action or loss arising out of the below described incident, the parties agree as follows:
1. LIABILITY, LOSS OR DAMAGE
Indemnitor undertakes to indemnify Indemnitee from any and all liability, loss, or damage Indemnitee may suffer as a result of claims, demands, costs, or judgments against Indemnitee arising from [SPECIFY FACTS RESULTING IN NEED FOR INDEMNITY ].
2. DURATION
Indemnity under this agreement shall commence on [DATE ] and shall continue in full force until [(DATE) OR INDICATE TERMINATING EVENT OR CONDITION ].
3. REQUIREMENT OF NOTICE TO INDEMNITOR
Indemnitee agrees to notify Indemnitor in writing, within [NUMBER] days, by registered or certified mail, at Indemnitor’s address as stated in this agreement, of any claim made against Indemnitee on the obligations indemnified against.
IN WITNESS WHEREOF, each party to this agreement has caused it to be executed at [PLACE OF EXECUTION] on the date indicated below.
INDEMNITOR

 
INDEMNITEE

 
Stephen Cochran
President
Bruce Jacobs
President


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