Unocal confederacy coach Insurance stipulation This Unocal potbelly stove Director Insurance Agreement (Agreement) is made --------- as of [Insert see of Agreement], by and between Unocal Corporation, a Delaware corporation (the Corporation), and [Insert draw of Unocal Director] (the ----------- Director) with reference to the following facts: -------- RECITALS -------- A.
The Director is currently a member of the Board of Directors of the Corporation, as well as of certain(a) subsidiaries and affiliates of the Corporation, and is performing valuable go for the Corporation. The Corporation wishes the Director to abide in such capacities, and the Director is willing, beneath certain circumstances, to comprehend in such capacities. B. The Corporations Certificate of Incorporation, as permitted by component 102(b)(7) of the Delaware General Corporation Law, has been amended to eliminate the Directors liability to the Corporation and its stockholders for monetary damages for certain breaches of fiduciary duty. C. The Bylaws of the Corporation deliver for the reparation of the officers, directors, agents, and employee s of the Corporation to the maximum extent.! ..If you want to get a full essay, site it on our website: BestEssayCheap.com
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