An Indemnity is the promise, usually in a contract, to compensate another party for certain losses or to cover liabilities that may arise in the future. In transaction documents, an Indemnity is used to allocate identified risks, and the Indemnity is typically paired with procedures for notice, defense of claims, and payment timing.
Ryan RobertsStartup Lawyer
Ryan Roberts is a startup lawyer with more than two decades of experience advising on venture financings and M&A transactions totaling more than $1 billion. He is the author of the Amazon bestselling startup law book Acceleration.
