EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

Exhibit 99.1
 

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400 Atlantic Street, Suite 1500
Stamford, Connecticut 06901 USA
203.328.3500

[Date]

[Indemnitee Name]
[Address]

Dear [_____________],

Reference is hereby made to Article VIII of the bylaws of Harman International Industries, Incorporated (the “Company”) as in effect as of the date hereof (the “Company Indemnity Bylaw”).  In consideration of your prior and continuing service to the Company and in order to eliminate any ambiguity in the event of any purported amendment, modification, alteration or repeal of the Company Indemnity Bylaw that might otherwise diminish, limit, restrict, adversely affect or eliminate any of your rights to indemnification, advancement of expenses or otherwise under the Company Indemnity Bylaw, this will confirm that any such purported amendment, modification, alteration or repeal shall be prospective only and shall not in any way diminish, limit, restrict, adversely affect or eliminate any such right with respect to any actual or alleged state of facts, occurrence, action or omission then or previously existing, or any action, suit or proceeding previously or thereafter brought or threatened based in whole or in part upon any such actual or alleged state of facts, occurrence, action or omission.  The Company hereby agrees that your rights under the Company Indemnity Bylaw are contract rights that shall be incorporated into this letter agreement and shall continue, without amendment or repeal, even in the event that you cease your association with the Company and that such rights shall be for your benefit and for the benefit of your heirs, executors and administrators.  This letter agreement may not be amended or modified except by an instrument in writing signed by both parties hereto.

This letter agreement shall be governed by Delaware law.

If you agree with the foregoing, please acknowledge by executing a copy of this letter and returning it to the Company.

 
Very truly yours,
     
 
Harman International Industries, Incorporated
     
     
     
 
By:
 


Accepted and Agreed to:



   
Name: