___________________________, a domestic corporation duly organized and
existing under and by virtue of the laws of the Republic of the Philippines, with office address at _________________________, represented in this act by its Chief Operating Officer, _______________, (hereinafter the Corporation), under and by virtue of these presents, do hereby guarantee and undertake to reimburse any third person/s who may be prejudiced and damaged by virtue of __________________________________.
The Corporation further agrees to indemnify ________________________
for whatever damage or prejudice it/he/she may suffer arising from any and all claims to be made by any third person in connection with the above-stated account/deed/undertaking. This Deed and the undertaking contained herein shall be enforceable against the Corporation for _____ years from ___________ ___, 2020.
NOW, THEREFORE, the Corporation, through the undersigned, in
consideration of the payment of Philippine Currency: _________________ (PhP_____________), do hereby bind itself, its representatives and assigns, to indemnify and save harmless Mr.________/Ms.__________/______________ from any and all actions, causes of action, claims and demands growing out of any interest in or to said account/deed/undertaking or any assignment thereof which anyone may have or claim to have against said Mr.________/Ms.__________/______________.
IN WITNESS WHEREOF, I have hereunto set my hand this ____ day of
_____________ 2020 at the City of Angeles, Philippines. ______________________ Chief Operating Officer
Signed in the presence of:
_______________ _______________
REPUBLIC OF THE PHILIPPINES )
CITY OF ANGELES ) S.S.
ACKNOWLEDGMENT
BEFORE ME, on this __ day of ____________, 2020 at Angeles City
personally appeared the MR./MS.____________________ with his/her valid proof of identity as follows:
Name Valid I.D. No. Issued On/At
indicated below his respective name known to me and to me known to be the
same person who executed the foregoing and who acknowledged to me that the same is his true and voluntary act and deed and that of the corporation which he/she represents.
I hereby certify that the foregoing instrument refers to an Indemnity
Agreement and that the same consists of Two (2) pages, including the page on which this acknowledgment is written, each and every page of which bears the signature of the parties and their instrumental witnesses and sealed with my notarial seal.
WITNESS MY HAND AND SEAL at the date and place ut supra.