Declaration of trust and indemnity and guarantee

Declaration of trust and indemnity and guarantee where someone becomes a local director for a foreign client.

Sample

"The Indemnifier:

1   Undertakes to indemnify and keep you indemnified against any failure by the Company to perform and observe the terms and conditions of any legal requirement in Australia and elsewhere in the world.

2  Guarantees that the Company will punctually perform and observe all of the Company's obligations including the due and punctual payment of all moneys payable by the Company."