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Directors and Officers

Directors and Officers are responsible for managing corporations, including private, public and non-profit entities. It is the responsibility of a Director or Officer to act with unselfish loyalty to the corporation and to make decisions that are in the best interest of the company and its shareholders, with no interest for personal gain. In this capacity, they are subject to significant risk of their personal assets for the costs associated with a lawsuit or other legal proceeding which may be brought against them for an error, omission, misstatement, neglect or breach of their duty. Anyone who sits on a board should have Directors' & Officers' Liability Coverage.

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