Ann: Quarterly Activities Report, page-9

I would have thought that the Indemnity could be challenged, as not being in the best interests of the Company?
That Indemnity probably negates/voids the Directors Liability Insurance?
Just WHY would LWP sign that Indemnity, even if it was to save a few thousand dollars of severance pay, when LWP was conducting, or about to conduct a legal review of the conduct of the previous directors??
AND when material like that contained in the Affidavit, points directly to issues which evidence material misconduct??