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Re: es1 post# 192474

Sunday, 04/25/2010 11:06:42 AM

Sunday, April 25, 2010 11:06:42 AM

Post# of 730072
BOD Indemnification clause...

I don't know if this is standard boiler plate, or if there is some specific need of the current BOD that this covers.
Thoughts?

From Rosens POS POR Global Settlement Agreement according to wamu equity rights site.

The GSA would release WMI's Board of Directors, among others, from any and all potential legal action against them, stating that such persons would be "irrevocably and unconditionally, fully, finally, and forever waived, released, acquitted and discharged... from any and all claims, demands, rights, liabilities, or causes of action of any and every kind, character or nature whatsoever, in law or in equity, known or unknown".



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