Below is information about INDEMNIFY CORPORATE OFFICERS from a variety of sources. Please take a look at the materials that our team has selected for you.
https://www.bclplaw.com/en-US/insights/when-directors-and-officers-are-sued-how-exculpation.html#:~:text=Delaware%E2%80%99s%20statute%20provides%20that%20a%20corporation%20may%20indemnify,the%20case%20of%20a%20criminal%20action%20or%20proceeding.
https://www.delawareinc.com/blog/how-important-is-corporate-indemnification/
Indemnification is a key protection for officers, directors and key employees, and the scope of an LLC’s or corporation’s indemnity provisions demands close attention. In an LLC, indemnification is completely …
https://www.calcorporatelaw.com/2013/06/when-officers-must-indemnify-the-corporation
When Officers Must Indemnify The Corporation. Much attention is focused on the power of corporations to indemnify corporate officers and other agents. In California, this is addressed by Corporations Code Section 317, which establishes the power to provide indemnification, and Section 204 (a) (11) which allows corporations to include a provision in the articles authorizing …
https://scholar.smu.edu/cgi/viewcontent.cgi?httpsredir=1&article=3586&context=smulr
MANDATORY INDEMNIFICATION OF CORPORATE OFFICERS AND DIRECTORS. by Margaret E. Barrett. Most state general corporation statutes permit a corporation to indemnify its directors, officers, employees, and agents for expenses incurred in defend-ing actions for personal liability arising from activities in their official
https://www.lawinsider.com/clause/indemnification-of-directors-and-officers
Indemnification of Directors and Officers. The corporation shall, to the maximum extent and in the manner permitted by the General Corporation Law of Delaware, indemnify each of its directors and officers against expenses ( including attorneys ' fees ), judgments, fines, settlements and other amounts actually and reasonably incurred in connection with any proceeding, arising by …
https://www.lawinsider.com/clause/indemnification-of-officers-directors-and-others
Indemnification of Officers Directors and Others. The Corporation may indemnify each director, officer, employee, or agent of the Corporation and their respective heirs, administrators, and executors, against all liabilities and expenses reasonably incurred in connection with any action, suit, or proceeding to which he may be made a party by reason of his being or having been a …
https://securenow.in/insuropedia/can-a-company-indemnify-its-directors/
For corporates (usually corporations or companies with limited liabilities), this involves indemnifying directors and officers. This means a D&O policy provides indemnification that covers legal expenses, defence, and settlement amounts that directors and officers incur while serving the organisation. Laws regarding indemnification in India
https://www.docracy.com/5473/indemnification-agreement-for-company-directors-and-officers
With respect to a Proceeding brought against directors, officers, employees or agents of the Company (other than Indemnitee), to the fullest extent permitted by applicable law, the Company shall indemnify Indemnitee from any claims for contribution that may be brought by any such directors, officers, employees or agents of the Company (other than Indemnitee) who may be …
https://www.stimmel-law.com/en/articles/indemnification-corporate-agents-california-criteria
The most common form known to most people is an insurance company defending you if you are in an auto accident. In the corporate world, indemnification normally refers to the corporation paying defense costs and settlements, or judgments …
https://skloverworkingwisdom.com/continuing-indemnity-corporate-officers/
08/25/05. Prudent corporate officers will always insist upon “continuing indemnity.”. ACTUAL CASE HISTORY: For four years Theresa was employed by a publicly-held hotel management company as its Director of Investor Relations. Following the departure of the company’s General Counsel for a teaching position at a local law school, Ruben, the company’s …
https://www.sec.gov/Archives/edgar/data/0001341439/000119312511351954/d263957dex107.htm
g. section 145 of the general corporation law of delaware, under which the company is organized (“section 145”), empowers the company to indemnify by agreement its officers, directors, employees and agents, and persons who serve, at the request of the company, as directors, officers, employees or agents of other corporations or enterprises, and …
Did you find the information you need about INDEMNIFY CORPORATE OFFICERS?
We hope you found all the information about INDEMNIFY CORPORATE OFFICERS you were looking for and more.
