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| DGIT > SEC Filings for DGIT > Form 8-K on 15-Jan-2013 | All Recent SEC Filings |
15-Jan-2013
Entry into a Material Definitive Agreement, Other Events, Financial Stat
On January 10, 2013, the Board of Directors of Digital Generation, Inc. (the "Company) approved a form of Indemnification Agreement to be entered into with each current member of the Company's Board of Directors (the "Board") and the Company's Chief Financial Officer, General Counsel and Controller. The Indemnification Agreement provides that the Company will, to the fullest extent permitted by law, indemnify each director and officer against all expenses, liability and loss actually and reasonably incurred in connection with any civil, criminal, administrative or investigative action, suit or proceeding, whether brought by or in the name of the Company or otherwise, to which the director or officer is a party by reason of his or her relationship with the Company. In addition, the Indemnification Agreement provides for the advancement of expenses incurred by the director or officer in connection with any proceeding covered by the Indemnification Agreement.
The foregoing description of the Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Indemnification Agreement, a form of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference in its entirety.
On January 10, 2013, the Company received notice that the delisting action undertaken by the Nasdaq Listing Qualification Staff (the "Staff") has been stayed based upon the Company's appeal of the Staff determination to delist the Company's securities from The Nasdaq Stock Market. The Company's appeal will be heard at an oral hearing scheduled for Thursday, March 21, 2013. As previously announced, the Company intends to hold its 2012 Annual Meeting of Stockholders and thereby come back into compliance with The Nasdaq Stock Market continued listing requirements on February 21, 2013.
(d) Exhibits
Exhibit Description of Exhibit
10.1 Form of Indemnification Agreement.
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