EX-10.12
Accelevation Holdings Corp.
1Note to Draft: Bracketed language to be included for officers and non-Olympus affiliated directors.
2Note to Draft: Bracketed language to be included for Olympus affiliated directors.
Exhibit 10.12
FORM OF
INDEMNIFICATION AGREEMENT
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into
as of [ ], 202[ ], between Accelevation Holdings Corp., a Delaware corporation (the
“Company”), and [ ] (the “Indemnitee”). Capitalized terms used but not otherwise defined
herein shall have the meaning set forth in Section 14hereof.
WHEREAS, highly competent persons have become more reluctant to serve corporations
as directors or officers or in other capacities unless they are provided with adequate protection
through insurance or adequate indemnification against inordinate risks of claims and actions
against them arising out of their service to and activities on behalf of the corporation;
WHEREAS, the Amended and Restated Bylaws of the Company (as amended, restated,
…