Home » Blog » Directors Indemnity Agreement

Directors Indemnity Agreement

(Last Updated On: September 17, 2021)

As a rule, it is the company of a director or executive who pays the CRS by taking care of the initial costs, for example. B the cost of developing lawyers` fees for directors and senior managers. 10. Security. As security for its obligations under this Agreement and similar agreements, PepsiCo may and will maintain, in the event of a threat of change of control, for a period of ten years from its inception. With rising insurance rates, many companies are looking to a future where they might not be able to afford the level of D&O insurance coverage that was once the norm for managers and senior executives. 7. Failure to indemnification. . .

.

Topics

  • No categories