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The indemnification provision at most companies requires an officer or director to commit to repaying any advances if the person is found liable for breaching a fiduciary duty or engaging in conduct designed to harm the corporation.
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But the failure of the director, Jules Stewart, to commit to either is only one of her film's many problems.
According to industry insiders, this implies that the director is poised to commit to the Potter film first.
Today, Mr. Vadlamani is in jail, charged along with Mr. Raju and his brother, B. Rama Raju, a former Satyam director, with conspiracy to commit fraud, cheating and forgery.
The center director is required to commit a minimum of 20% effort to the center.
Another option would be for ex-director general Mark Byford to commit ritual seppuku so that his £3.4m pension could be returned to the state.
Whatever the case, there is often a tentative quality here, as if the directors were reluctant to commit strongly to anything on screen, including an image that doesn't quaver.
The chain tries to quell any speculation by disclosing in a March 2002 SEC filing that the board of directors asked Greenberg "to commit to continuing" as CEO through 2005.
Then the director needs the designer to commit to the job because they'll only do it if they have the right team.
According to Stephen Fitzgerald, chairman of the board of directors, Rice needs donors to commit $5 million, spread over five years, to erase a $200,000 deficit and sustain the gap between the cost of educating a student ($10,000) and the tuition ($5,750).
Joseph A. Califano Jr., a secretary of health, education and welfare under President Jimmy Carter and a Warnaco director since 1993, said in a statement supplied by Mr. Rubenstein that Mrs. Wachner had the "full support of the board of directors and will continue to commit her energy and her talents to leading the company through these challenging times".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com