Most companies' corporate bylaws or articles of incorporation contain indemnification and advancement provisions. While these provisions provide important protection for corporate executives if the individuals become the target of claims relating to their action undertaken in their corporate capacities, these provisions alone may not be provide sufficient protection. The provisions in the corporate documents may not address all of the issues that can arise and may not provide sufficient protection for the individuals when there are indemnification or advancement disputes and may not protect individuals from changes to corporate bylaws after the individuals have left the company. For these and many other reasons, well-advised corporate executives will want to have their rights memorialized in a separate, written indemnification and advancement agreement with the company.
The most important reason for individuals to seek to put a written indemnification agreement in place is that written agreements typically provide more comprehensive protection than corporate bylaws or statutory provisions. Most bylaws, for example, provide for permissive indemnification, whereas most written agreements are written on a mandatory basis. Moreover, the rights enumerated in the agreement are enforceable obligations that cannot be amended or terminated without the individual executive's agreement.
Another reason that directors and officers will seek to put contractual indemnification agreements in place is so that if the individuals are the target of claims after they have left the company, they can assert their rights of indemnification notwithstanding the arrival of new management. The contractual indemnification provides them an extra measure of protection and some level of assurance that their rights will be protected if claims arise after they have left the company.
Wichita Kansas Director's indemnification Agreement of Publicly Held Corporation Indemnifying Director and His or Her Spouse
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Multi-State
City:
Wichita
Control #:
US-0866BG
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Wichita first earned the title of Air Capital of the World in 1928, when the city's 16 aircraft manufacturers rolled out 120 airplanes off the production lines each week. At that time, one out of every four U.S.-built airplanes came from Wichita.
Wichita is known as the "Air Capital of the World." Wichita is the birthplace of Pizza Hut and White Castle fast-food chains. A.A. Hyde discovered Mentholatum in 1894 in the current The Spice Merchant & Company building.
Table Population Hispanic or Latino, percent(b) ?? 17.6% ?? 19.1% White alone, not Hispanic or Latino, percent ?? 61.6% ?? 58.9% Population Characteristics Veterans, 2018-2022 20,648 17,038,80757 more rows
With a crime rate of 44 per one thousand residents, Wichita has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 23.
Wichita growing, but not as fast as other major metros One reason for this is because Wichita is still recovering from the Great Recession and the exodus of working families that came with it, Hill said.
(9.97%) The 5 largest ethnic groups in Wichita, KS are White (Non-Hispanic) (61.9%), Black or African American (Non-Hispanic) (9.97%), White (Hispanic) (8.65%), Other (Hispanic) (4.84%), and Asian (Non-Hispanic) (4.76%). Wichita, KS - Data USA datausa.io ? profile ? geo ? wichita-ks datausa.io ? profile ? geo ? wichita-ks
The name Wichita comes from the Wichita Indians, who settled at various times in the vicinity, and means either "scattered lodges" or "painted faces," depending on which historian you ask. In 1868, a Wichita Town Company was organized with Mead and six others as original incorporators.
Wichita is a city in Kansas with a population of 395,951. Wichita is in Sedgwick County and is one of the best places to live in Kansas. Living in Wichita offers residents a dense suburban feel and most residents own their homes. In Wichita there are a lot of coffee shops and parks.
The 5 largest ethnic groups in Wichita, KS are White (Non-Hispanic) (61.9%), Black or African American (Non-Hispanic) (9.97%), White (Hispanic) (8.65%), Other (Hispanic) (4.84%), and Asian (Non-Hispanic) (4.76%).
The state of Kansas Wichita is the largest city in the state of Kansas and the 48th-largest city in the United States, with a population of more than 389,000. About Wichita | Learn About the Largest City in Kansas visitwichita.com ? about-wichita visitwichita.com ? about-wichita
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Phone: 316-350-3460. This form can be used to report all non-injury accidents.Staff from OneStop and First Year Programs will show you the ins and outs of signing up for orientation and completing the pre-enrollment questionnaire. To get started, complete the Dual Advising Form. You may complete the Online Application to apply for the following services. Click the links to learn more. Click here to check voter registration status, Sedgwick County Election Office, 510 N. Main St. Suite 101, Wichita, 67203, Kansas Voter Registration Application. If you are unable to complete the forms online, please arrive at least 15 minutes early to complete the forms in the office. Apply for a marriage license online. To apply for a marriage license online, you will need: an email address.