EXHIBIT 10.57
QumulusAI, Inc.
INDEMNIFICATION AGREEMENT
This Indemnification Agreement (“Agreement”) is made as of _______________ by and between QumulusAI, Inc., a Georgia corporation (the “Company”), and _______________, a resident of the State of _______________ (“Indemnitee”). This Agreement supplements any and all previous Agreements between the Company and Indemnitee covering the subject matter of this Agreement. Any conflict between this and any other agreement shall be construed in favor of indemnification.
RECITALS
WHEREAS, highly competent persons have become more reluctant to serve publicly held corporations as directors and officers unless they are provided with adequate protection through insurance or adequate indemnification or both against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation;
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