Annaly Capital Management, Inc. (NYSE:NLY) Files An 8-K Entry into a Material Definitive Agreement

On March 16, 2017, the Board of Directors of Annaly Capital
Management, Inc., a Maryland corporation, referred to herein as
the Company, approved a form of indemnification agreement for its
directors, executive officers and other employees of the Company
identified by the Board of Directors, referred to herein as the
Form Indemnification Agreement. The Form Indemnification
Agreement requires the Company, to the maximum extent permitted
by Maryland law and subject to certain limitations, to indemnify
the director, executive officer or other employee party to the
agreement, or the Indemnitee, against certain expenses (including
attorneys fees), judgments, penalties, fines and amounts paid in
settlement that may be actually and reasonably incurred in
connection with the defense or settlement of any action, suit,
arbitration, alternate dispute resolution mechanism,
investigation, inquiry, administrative hearing, claim, demand,
discovery request or any other actual, threatened or completed
proceeding to which the Indemnitee becomes subject in connection
with his or her service to the Company. The Form Indemnification
Agreement provides for indemnification rights for both
third-party claims and proceedings brought by or on behalf of the
Company. In addition, the Form Indemnification Agreement requires
the Company to advance expenses incurred by the Indemnitee in
connection with any proceeding covered by the Form
Indemnification Agreement to the maximum extent permitted by
Maryland law. The Form Indemnification Agreement also establishes
certain procedures and presumptions that apply in determining
whether the Indemnitee is entitled to indemnification. The
foregoing summary of the Form Indemnification Agreement is
qualified in its entirety by reference to the Form
Indemnification Agreement filed as Exhibit 10.1 hereto.

On March 16, 2017, the Company entered into an indemnification
agreement, in substantially the form of the Form Indemnification
Agreement, with each of its directors and named executive
officers.

Item 9.01 Financial Statements and Exhibits.