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Such notice of request for indemnification shall contain sufficient information to reasonably inform the Company about the nature and extent of the indemnification or advance sought by the Indemnitee. A Surety Bond is a three-party agreement whereby the surety guarantees to the obligee the project owner that the principal the contractor is capable of.
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Article XII shall be broadly interpreted to include, without limitation, any corporation, company, group, partnership, governmental agency or individual.
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The provisions of this Article VI shall continue as to an Indemnitee whose Corporate Status has ceased for any reason and shall inure to the benefit of his heirs, executors and administrators. Board of Directors, business shall be transacted in such order as shall from time to time be determined by the Chairman of the Board, or in his absence by the President, or by resolution of the Board of Directors.
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Abrams, sole director of the Company, did not find it practicable to, and did not, quantify or otherwise assign relative weight to the specific factors considered in reaching his determination and recommendations, and may have given different weight to different factors. The demand must reasonably inform us of the identity of the stockholder and the intention of the stockholder to demand appraisal of his shares of our common stock.
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Our proposed Articles of Incorporation provide that our stockholders may take action if stockholders holding the requisite voting power execute a consent.
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