[Lnc-business] Word files containing LNC reports
Sam Goldstein
sam.goldstein at lp.org
Mon Jan 27 11:45:55 EST 2020
Dr. Lark,
In reviewing the EPCC report you submitted I found this section which I
might be able to offer some advise:
Section 2.04 LEGAL MATTERS
4) Indemnification
• The LNC shall retain sufficient Director’s and Officer’s liability
coverage for board members
and employees.
• Any officer, employee, or agent of the Libertarian Party who, acting
on behalf of or as an
authorized representative of the Libertarian Party, was or is a party to
or has notice of becoming
a party to any contemplated, pending, or seemingly completed legal
proceedings, may be
defended and shall be indemnified for all expenses and liabilities
actually and reasonably
incurred by such individual in connection therewith to the extent
permitted by applicable law of
the jurisdiction in which the Libertarian National Committee is
incorporated.
It is unclear to the EPCC whether this subsection should be amended in
some manner regarding contractors. The EPCC believes that any such
amendment should be considered carefully by legal counsel.
D&O policies, in my experience as a commercial insurance agent, may or
may not extend coverage to contractors if they don't carry their own
coverage. I'd be happy to review the policy if Mr. Kraus will forward
it to me and advise the EPCC.
Thanks and
Live Free,
---
Sam Goldstein
Libertarian National Committee
317-850-0726 Cell
On 2020-01-26 22:45, james.lark--- via Lnc-business wrote:
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