other
confidence high
sentiment neutral
materiality 0.20
Selectis Health Board approves standard Indemnity Agreement for directors and officers
SELECTIS HEALTH, INC.
- Board approved form of Indemnity Agreement effective March 18, 2024, for all directors and officers.
- Agreement provides mandatory indemnification and advancement of expenses to fullest extent under Utah law.
- Company will maintain D&O insurance if Board deems it economically reasonable.
- No specific officers or directors named; agreement is a blank template applicable to all.
- Routine governance measure; no change in compensation or leadership for any individual.