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For Your More Robust Personal Protection
Directors and officers of corporations face the risk of personal liability for actions performed and decisions made on behalf of the corporation.
Directors and officers of corporations face the risk of personal liability for actions performed and decisions made on behalf of the corporation. Perhaps unknowingly, many directors and officers unnecessarily accept an enhanced risk of personal liability by failing to insist on a personal indemnification agreement, a relatively common agreement that obligates the corporation to indemnify a director or officer for his or her actions.
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