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| FOE > SEC Filings for FOE > Form 8-K on 27-Jun-2012 | All Recent SEC Filings |
27-Jun-2012
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On June 25, 2012, Ferro Corporation (the "Company") entered into an indemnification agreement with Peter T. Kong effective as of April 27, 2012. Mr. Kong was elected to the Company's Board of Directors at the Ferro Corporation 2012 Annual Meeting of Shareholders. The indemnification agreement, which is the Company's standard form of indemnification agreement, recently amended to reflect a change of escrow agent, provides that the Company will indemnify, with certain limitations, a director against certain expenses (including, without limitation, attorneys' fees, judgments, fines and amounts paid in settlement) in connection with any claim against such director arising out of such person's status as a director of the Company.
The Company expects to enter into the amended form of indemnification agreement with each of its directors. Once effective, the amended indemnification agreements will supersede and replace any existing indemnification agreements between the Company and such directors.
The foregoing summary of the form of indemnification agreement does not purport to be complete and is qualified in its entirety by reference to the text of the form of indemnification agreement, which is filed as Exhibit 10.1 and is incorporated herein by reference.
(d) Exhibits
Exhibit 10.1: Form of Indemnification Agreement
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