What about indemnification?
E*Trade Group Inc., is a big IBM shop and runs Linux on two-thirds of its servers but isn't worried about indemnification, says Joshua S. Levine, chief technology and administrative officer.
However, the CIA told the interrogator that the CIA needed to review the Senate's report to ensure that none of its officers were implicated in any wrongdoing prior to making a decision about indemnification claims.
Le Monde opened up by stating that France is thinking that the Suez crisis has acutely worsened her Algerian situation...and is also thinking, of course, about eventual indemnification for her Suez stockholders; that England is thinking about her oil lifeline & the menaced remnants of her Near East influence.
One of the country's top advisers to FHA lenders, Brian Chappelle, a principal with D.C.-based Potomac Partners, said banks set higher credit-score limits for sound economic reasons: They are concerned about costly indemnification demands from the FHA and "reputational risk" in the investment community if low-FICO loans go sour.
To tackle that, Sir Andrew said that GSK is in discussions with governments of the G20, including America and the UK, about an indemnification agreement.
It appears the interrogator who filed the complaint about the indemnification claims first contacted Meyer, who was working for the Pentagon, in the hopes of resolving his case prior to reaching out to the CIA inspector general.
MORE executives, even at healthy companies, are seeking outside legal advice and asking about their rights to indemnification -- coverage of legal defense costs offered to corporate officers and directors.
Whether you are buyer or seller, here are seven elements to think about when reading an indemnification provision: scope, damages, survival, exclusivity, caps, baskets, and third parties.
In addition to indemnification provisions, the candidate should ask about advancement of expenses in the context of potential or actual litigation in order to minimize the possibility of paying out of pocket for these expenditures and then seeking reimbursement.
Sellers usually want to wrap all their post-deal exposure into one section of one contract -- indemnification -- instead of having to worry about any number of other legal claims where buyers can attempt to pin problems back on them.
