TSFG » Topics » Indemnification of the Company.

This excerpt taken from the TSFG 8-K filed Jun 24, 2009.
Indemnification of the Company.  The Underwriter agrees, severally and not jointly, to indemnify and hold harmless the Company, each of its directors, each of its officers who signed the Registration Statement, each person who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act and each affiliate of the Company within the meaning of Rule 405 under the Securities Act to the same extent as the foregoing indemnity set forth in Section 7(a) hereof from the Company to the Underwriter, but only with reference to written information relating to the Underwriter furnished to the Company by or on behalf of the Underwriter for use in the preparation of the documents referred to in the foregoing indemnity, it being understood and agreed upon that the only such information furnished by the Underwriter consists of the following information in the Prospectus furnished on behalf of the Underwriter: (i) the last paragraph on the cover page of the Prospectus, (ii) the concession and reallowance figures appearing in the third paragraph under the caption “Underwriting” in the Prospectus, and (iii) and the eleventh and twelfth paragraphs under the caption “Underwriting” in the Prospectus.

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