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PBR » Topics » Indemnity

This excerpt taken from the PBR 20-F filed May 22, 2009.
Indemnity
 
PifCo’s directors and officers are indemnified out of its assets and funds against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities which they incur or sustain in or regarding the conduct of PifCo’s business or affairs in the execution or discharge of their respective duties, powers, authorities or discretions. Under PifCo’s Memorandum of Association, directors and officers are excused from all liability to PifCo, except for any losses, which arise as a result of such party’s own dishonesty.
 
This excerpt taken from the PBR 20-F filed Jun 30, 2005.

Indemnity

 

PIFCo’s directors and officers are indemnified out of its assets and funds against all actions, losses, expenses and liabilities which they incur in the discharge of their respective duties, powers, authorities or discretions. Under PIFCo’s Memorandum of Association, directors and officers are excused from all liability to PIFCo, except for any losses, which arise as a result of such party’s, own dishonesty.

 

EXCERPTS ON THIS PAGE:

20-F
May 22, 2009
20-F
Jun 30, 2005

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"Indemnity" elsewhere:

BP (BP)
Plains All American Pipeline, L.P. (PAA)
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