Articles of Association to be adopted at closing of an investment in an established business by a single investor. Intended to accompany the Shareholders Agreement, these Articles balance the rights of the investor with the rights of the founders.
Read moreFor Articles of Association for an investment in a start-up business by a single investor, see
For Articles of Association for investment by multiple investors, see
An indemnity is a contractual undertaking given by one party (the indemnifier) in favour of another party (the indemnified party or beneficiary) under which the indemnifier agrees to pay to the indemnified party the amount of any loss or damage which the indemnified party suffers as a consequence of a specified event.
The specified event might be:
Unlike other contractual obligations (and depending on the wording of the indemnity), an indemnity is not subject to legal rules and limitations regarding to the foreseeability of loss or the remoteness of damages which can be recovered by the beneficiary. In addition, the beneficiary is not legally obliged to mitigate its loss.
As a result and in exchange for agreeing to give the indemnity, the indemnifier may require that the beneficiary takes certain actions in relation to a claim or event which might give rise to a claim under the indemnity being made. These actions include:
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Updated by a lawyer on 30/06/2025
£50.00 exc VAT




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