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GWW » Topics » Indemnity of Committee

These excerpts taken from the GWW 10-K filed Feb 27, 2008.
Indemnity of Committee. The Company shall indemnify and hold harmless the members of the Committee, and any Employee to whom the duties of the Committee may be delegated, against any and all claims, losses, damages, expenses or liabilities including, without limitation, attorney’s fees and expenses arising from any action or failure to act with respect to the Plan, except in the case of gross negligence or willful misconduct by the Committee, any of its members, and any such Employee.

Indemnity of Committee. The Company shall indemnify and hold harmless the members of the Committee, and any Employee to whom the duties of the Committee may be delegated, against any and all claims, losses, damages, expenses or liabilities including, without limitation, attorney’s fees and expenses arising from any action or failure to act with respect to the Plan, except in the case of gross negligence or willful misconduct by the Committee, any of its members, and any such Employee.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

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