How To Interpret An Indemnity Agreement

When interpreting an indemnity provision, whether in the articles of incorporation, bylaws or a separate agreement, the first question might be what does “indemnity” mean?  Etymologically, “indemnity” is derived from the Latin words in (not) and damnum (injury or damage).  Section 2772 of the California Civil Code defines “indemnity” as “a contract by which one