Indemnification of directors and officers
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Indemnification of directors and officers

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Published by Clark Boardman Co. in New York, N.Y .
Written in English


  • Directors of corporations -- Legal status, laws, etc. -- United States.,
  • Indemnity against liability -- United States.,
  • Insurance, Liability -- United States.

Book details:

Edition Notes

Includes bibliographical references.

Statementby Paul W. Richter.
SeriesSecurites law series, Securities law series
ContributionsRichter, Paul W.
The Physical Object
Pagination1 v. (various pagings) :
ID Numbers
Open LibraryOL17643318M
ISBN 100876326599

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Sec. (a) FINRA Regulation shall indemnify, and hold harmless, to the fullest extent permitted by Delaware law as it presently exists or may thereafter be amended, any person (and the heirs, executors, and administrators of such person) who, by reason of the fact that he or she is or was a Director, officer, or employee of FINRA Regulation or a National Adjudicatory Council or committee. Director Indemnification. URSI shall have obtained directors and officers liability insurance from a reputable insurance company in type and amount as is customary for companies similarly situated and URSI shall have entered into an indemnification agreement with each STOCKHOLDER, if any, who will become a director of URSI substantially in the form attached as Annex VII. Indemnification of Directors, Officers, Employees, Agents, and Committee Members or non-officer employee if a determination is reasonably and promptly made by the Board by a majority vote of those Directors who have not been named parties to the action, even though less than a quorum, or, if there are no such Directors or if such Directors. Additional Physical Format: Online version: Indemnification of directors and officers. New York, N.Y.: Clark Boardman Co., © (OCoLC)

Indemnification Of Directors And Officers. The Corporation shall indemnify and hold harmless, to the fullest extent permissible under the law, as the same exists or may exist in the future (but, in the case of any future change, only to the extent that such change permits the Corporation to provide broader indemnification rights than the law permitted prior to such change), each person. With liability often looming just over the horizon, corporate directors and officers rely on liability insurance and indemnification for peace of mind. Finally, there is a book that spells out in detail how these protections really work—and how they : Ring-bound. The book is a powerful tool in assisting directors, officers, in-house counsel and the private practice lawyers advising them to make well-informed judgements about Author: Edward Smerdon. Nonprofit Bylaw Provision: Indemnification. The corporation shall, to the extent legally permissible, indemnify each person who may serve or who has served at any time as an officer, director, or employee of the corporation against all expenses and liabilities, including, without limitation, counsel fees, judgments, fines, excise taxes, penalties and settlement payments, reasonably incurred by.

  Directors and officers of Delaware corporations generally expect that the company will provide them with indemnification and advancement in corporate lawsuits. Indemnification is where the company reimburses the director or officer for the attorneys’ fees and costs, and potentially judgments, incurred in connection with claims arising out of.   – Indemnification of Directors, Officers and Employees. Article – Indemnification of Directors, Officers and Employees. Section Indemnification. In the event that any person who is or was an officer, director, committee member, or authorized representative of the Corporation, acting in good faith and in a manner reasonably.   Director and Officer Indemnification and Insurance–Issues for Public Companies to Consider J More than four years after the financial crisis, exposure to investigations and lawsuits remains real for individuals serving as directors and officers of public companies. Directors and Officers Liability: Prevention, Insurance and Indemnification examines such topics as: the risks officers and directors face; derivative and class actions; when insurance is available; and when a corporation is required—or allowed—to provide indemnification. The authors have included comprehensive coverage of indemnification.