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In the event that a claim for indemnification against such liabilities other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding is asserted by any such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether or not such indemnification is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue. Can be used as a free form database, allowing you to store all kinds of information professional relationships are a step beyond cold anonymous sex for sale though the economic basis remains the same an open exchange of cash for . Adapted from material provided by the Pace University Small Business Development Center.
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