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SGI > SEC Filings for SGI > Form 8-K on 14-May-2012All Recent SEC Filings

Show all filings for SILICON GRAPHICS INTERNATIONAL CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SILICON GRAPHICS INTERNATIONAL CORP


14-May-2012

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Approval of Updated Form of Indemnification Agreement for Directors and Executive Officers
On May 8, 2012, the Board of Directors of Silicon Graphics International Corp. (the "Company") approved an updated form of indemnification agreement that amends and restates in its entirety the indemnification agreements previously entered between the Company and its directors and executive officers. The Company intends to enter into this form of indemnification agreement with each of its current and future directors and executive officers.
Under the updated indemnification agreement, the Company agrees to indemnify each of its directors and executive officers, to the fullest extent permitted by law and the Company's Bylaws, against any claims related to his or her activities as a director, officer, employee or agent of the Company. The Company also agrees to advance expenses to the indemnified person, and the indemnified person agrees to repay the advanced amount if and to the extent it is ultimately determined that he or she was not entitled to be indemnified by the Company. The above description of the new form of indemnification agreement is qualified in its entirety by reference to the form indemnification agreement attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number    Exhibit Title

99.1      Form of Indemnification Agreement for directors and executive officers.


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