Indemnification Considerations for Directors and Officers of

Directors and officers (Ds&Os)
1 face exposure to potential personal liability for claims made against them in their capacity as directors and officers of the companies that they serve. This article is part one in a two-part series that will consider the principal protections that may be utilized to protect Ds&Os against personal liability in connection with such claims: Part one provides a “nuts and bolts” overview of key indemnification and advancement provisions for Ds&Os of Delaware entities, and part two will provide an overview of the interplay between D&O liability insurance and the protection afforded by indemnification provisions in organizational documents and separate indemnification agreements.

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