other
confidence high
sentiment neutral
materiality 0.05
Flowers Foods adopts new form of Indemnification Agreement for directors and officers
FLOWERS FOODS INC
- New form clarifies scope of indemnification obligations and indemnitee's rights.
- Agreement provides indemnification to fullest extent permitted by Georgia law and company charter and bylaws.
- Includes provisions for advancement of expenses, contribution, and procedures for determining entitlement.
- Effective November 16, 2023, for current and future officers and directors.