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Article NO. Content

Title:

Sample Template for XXX Co., Ltd. Rules Governing the Scope of Powers of Independent Directors  CH

Amended Date: 2020.06.03 
Categories: Corporate Governance
Article 4     (Liability insurance)
    This Corporation mayshall take out liability insurance for all its independent directors with respect to liabilities under the law resulting from the performance of duties during their terms of office.
    A company shall report the insured amount, coverage, premium rate, and other major contents of the liability insurance it has taken out or renewed for independent directors, at the next board meeting