Indemnification Policy
Effective Date: January 1, 2026 | Last Updated: March 15, 2026
01 Purpose & Scope
Aevum Zenth Conglomerate ("the Company") maintains a comprehensive indemnification policy to allocate risk appropriately across its extensive operational ecosystem. This policy governs how indemnification obligations are structured, interpreted, and enforced in commercial agreements with third parties, including but not limited to suppliers, contractors, licensees, joint venture partners, and service providers.
This policy applies globally to all divisions of Aevum Zenth, including Energy & Power, Digital Systems, Aerospace & Defense, Health Sciences, Capital Group, Properties, Agritech, Global Logistics, Media Group, Infrastructure Corp, Advanced Research, and Robotics Labs.
02 Key Definitions
For the purposes of this policy and all associated agreements, the following terms shall have the meanings set forth below:
| Term | Definition |
|---|---|
| Indemnified Party | Aevum Zenth Conglomerate, its subsidiaries, affiliates, officers, directors, employees, and agents. |
| Indemnifying Party | Any third party executing an agreement containing indemnification obligations in favor of the Indemnified Party. |
| Third-Party Claim | Any lawsuit, arbitration, administrative proceeding, investigation, or demand brought by a non-party alleging damages, losses, or liability arising from the Indemnifying Party's actions, products, or services. |
| Losses | All costs, damages, judgments, settlements, penalties, fines, interest, legal fees, court costs, and reasonable expenses incurred in connection with a Claim. |
| Willful Misconduct | Intentional action or omission designed to cause harm, or conscious disregard of a known substantial risk. |
03 Indemnification Obligations
Subject to the exceptions outlined in Section 04, the Indemnifying Party agrees to indemnify, defend, and hold harmless the Indemnified Party from and against any and all Losses arising out of or related to:
- Product or Service Defects: Any claim alleging design, manufacturing, or operational failure of goods or services provided by the Indemnifying Party.
- Intellectual Property Infringement: Allegations that the Indemnifying Party's deliverables infringe upon patents, trademarks, copyrights, trade secrets, or other proprietary rights.
- Regulatory Non-Compliance: Violations of applicable local, national, or international laws, standards, or industry regulations governing the Indemnifying Party's scope of work.
- Employee or Contractor Actions: Negligence, misconduct, or breach of contract by the Indemnifying Party's personnel, subcontractors, or agents.
- Data Security Breaches: Unauthorized access, disclosure, or compromise of confidential information or personal data entrusted to the Indemnifying Party.
Indemnification obligations shall survive termination or expiration of the underlying agreement for a period of no less than five (5) years, except for IP infringement and confidentiality obligations, which shall survive indefinitely.
04 Exceptions & Limitations
Indemnification obligations shall not apply to, or shall be expressly limited in cases of:
- Indemnified Party Fault: Claims directly resulting from the gross negligence, willful misconduct, or material breach of contract by Aevum Zenth or its authorized personnel.
- Speculative Damages: Punitive, consequential, incidental, or indirect damages, unless explicitly required by mandatory jurisdictional law.
- Capped Liability: Where contractually agreed, indemnification shall be capped at an amount not exceeding the total fees paid or payable under the relevant agreement, unless involving IP infringement, data breaches, or willful misconduct.
- Acts of God / Force Majeure: Events beyond reasonable control including natural disasters, war, terrorism, or government embargo.
Aevum Zenth reserves the right to require the Indemnifying Party to maintain appropriate insurance coverage (general liability, professional liability, cyber, and D&O) to backstop indemnification obligations.
05 Claims Process & Notice Requirements
Strict adherence to notice and procedural requirements is mandatory for the enforcement of indemnification rights:
- Prompt Notice: The Indemnified Party must notify the Indemnifying Party in writing within fourteen (14) days of becoming aware of a potential Claim. Failure to provide timely notice may constitute a waiver of indemnification rights.
- Documentation: All notices must include available details regarding the Claim, including claimant identity, alleged facts, jurisdiction, and estimated exposure.
- Single Point of Contact: All indemnification notices must be directed to the Aevum Zenth Legal Compliance Office via the contact methods detailed in Section 08.
- Tracking & Reference: Each filed claim will be assigned an internal reference number (AZ-IND-YYYY-XXXX). This number must be cited in all subsequent correspondence.
06 Cooperation & Defense Rights
Upon receipt of valid notice, the Indemnifying Party shall:
- Assume Defense: Retain qualified legal counsel at its own expense to manage and defend the Claim, subject to Aevum Zenth's prior written consent (not to be unreasonably withheld).
- Full Cooperation: Provide all requested documents, data, expert resources, and personnel access necessary for an effective defense.
- Settlement Approval: No settlement, consent judgment, or admission of liability shall be executed without the express written consent of Aevum Zenth, which shall not unreasonably delay or deny approval for standard commercial resolutions.
- Reimbursement: If Aevum Zenth elects to co-defend or independently defend, the Indemnifying Party shall reimburse all reasonable legal costs incurred.
07 Governing Law & Jurisdiction
Unless otherwise specified in a definitive agreement, this indemnification policy and all related disputes shall be governed by and construed in accordance with the laws of the Swiss Confederation, with specific reference to the cantonal jurisdiction of Neo Geneva (International Business District). The parties expressly consent to the exclusive jurisdiction of the courts located therein, or to binding commercial arbitration administered by the International Centre for Commercial Arbitration (ICCA) under ICC rules, conducted in English.
Where mandatory consumer protection, employment, or antitrust regulations of a specific jurisdiction conflict with this policy, local law shall prevail to the minimum extent required, without waiving the broader indemnification framework.
08 Legal & Compliance Contact
All indemnification notices, claim submissions, policy inquiries, and compliance escalations must be directed to the dedicated legal operations team: