The Three Levels of Director Protection: D&O Insurance, Indemnification Agreements, and Charter Provisions
Kellblog
SEPTEMBER 10, 2021
Per this Cornell Law site : To indemnify another party is to compensate that party for losses that that party has incurred or will incur as related to a specified incident. An indemnification agreement is a contract that specifies that, provided the director meets a minimum standard of conduct (e.g., ”).
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