Indemnity Agreement
Entered into force on February 21, 2026.
On-chain voting result: association.dao.eth/transaction-hash
1. Parties and Subject
1.1. Parties: This Indemnity Agreement (hereinafter the “Agreement”) is entered into between the New Epoch Association (hereinafter the “Association”), operating as a decentralized autonomous association, and the Authorized Representative (hereinafter the “Representative”), holder of the cryptographic address specified in the respective Executive Act.
1.2. Subject: The Association undertakes to indemnify (hold harmless and cover losses) the Representative regarding certain liabilities and expenses arising from activities performed within the scope of granted authorities.
1.3. Document Hierarchy: In case of conflict between provisions of this Agreement and the Mandate Agreement, precedence shall be given to the provisions that most effectively protect the interests of the Association.
1.4. Applicable Law and Dispute Resolution: This Agreement is governed by substantive Swiss law. Lex Cryptographica (protocol code) applies subsidiarily. Disputes are resolved in accordance with the Conflict Resolution and Ethics Regulation.
2. Indemnity and Expense Coverage
2.1. Scope of Indemnity: The Association commits to fully indemnify the Representative against any claims, litigation, losses, expenses (including reasonable legal fees and defense costs), fines, fees, and obligations arising from or in connection with any acts, omissions, or decisions undertaken by the Representative within his/her authorized scope defined by the Mandate and relevant Executive Act.
2.2. Legal Defense: The Association commits to allocate funds (within smart contract-controlled limits) to cover all costs related to legal defense and litigation that the Representative may incur in connection with activities compliant with the Act and Mandate.
2.3. Limitation of Obligations: All indemnity obligations of the Association are limited to assets controlled by the Association’s smart contracts and do not extend to the personal assets of Association community members.
3. Indemnity Exclusions
3.1. Exclusions: The indemnity provided under this Agreement does not cover losses, liabilities, or expenses resulting from:
3.1.1. Intentional wrongful conduct of the Representative;
3.1.2. Fraud or breach of trust;
3.1.3. Gross negligence or willful exceeding of authority limits set by the Mandate or Executive Act.
3.2. Right to Refuse: Upon suspicion that circumstances fall under exclusions, the Association reserves the right to conduct an on-chain vote to determine the advisability of providing legal support and indemnity.
4. Entry into Force and Termination
4.1. Entry into Force: This Agreement enters into force simultaneously with the effective date and time of the respective Executive Act.
4.2. Amendments: Any amendments to this Agreement may only be made through Voting with Qualified Confirmation according to provisions established in the Governance Resolution.
4.3. Termination: The Indemnity Agreement terminates simultaneously with the termination of the Representative’s authorities; however, the right to indemnity remains regarding acts performed during the valid Mandate period.
