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BP » Topics » Limitation of liabilities in connection with proxies

These excerpts taken from the BP 6-K filed May 22, 2008.

Limitation of liabilities in connection with proxies

87     To the extent permitted by law, each of the Directors, the Secretary and each person employed or, directly or indirectly, retained or used by the Company in the processes of receiving and validating the appointment and revocation of proxies shall not be liable to any persons other than the Company in respect of any acts or omissions (including negligence) occurring in the execution or purported execution of his tasks relating to such processes, provided that he shall have no such immunity in respect of any act done or omitted to be done in bad faith.

Limitation
of liabilities in connection with proxies


87     To
the extent permitted by law, each of the Directors, the Secretary and each person employed or, directly or indirectly, retained or
used by the Company in the processes of receiving and validating the appointment and revocation of proxies shall not be liable to any
persons other than the Company in respect of any acts or omissions (including negligence) occurring in the execution or purported
execution of his tasks relating to such processes, provided that he shall have no such immunity in respect of any act done or omitted
to be done in bad faith.



EXCERPTS ON THIS PAGE:

6-K (2 sections)
May 22, 2008

RELATED TOPICS for BP:

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