eBay 1998 Annual Report Download - page 51

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51
law, its Amended and Restated Certificate of Incorporation, its Amended and Restated Bylaws or agreements, (3)
the Company is required to advance expenses, as incurred, to its directors and officers in connection with a legal
proceeding to the fullest extent permitted by the Delaware General Corporation Law, subject to certain very limited
exceptions, and (4) the rights conferred in the Amended and Restated Bylaws are not exclusive.
The Company has entered into Indemnity Agreements with each of its current directors and officers to give
such directors and officers additional contractual assurances regarding the scope of the indemnification set forth in
the Company’ s Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws and to
provide additional procedural protections. At present, there is no pending litigation or proceeding involving a
director, officer or employee of the Company regarding which indemnification is sought, nor is the Company aware
of any threatened litigation that may result in claims for indemnification.
The Company has obtained directors’ and officers’ liability insurance.