Mike, those are important questions. I will get answers for you after Barry Shelley and I can investigate the insurance issues you raise. 73, Chris W3KD Sent from my iPhone
On Jan 14, 2015, at 4:29 PM, <vze18vwgu@verizon.net> <vze18vwgu@verizon.net> wrote:
Folks,
A few questions pertaining to these motions and their consequences, which perhaps have already been answered elsewhere:
1 - since it seems to be the intent and understanding of board that Vice Directors are not "Directors" in a legal sense, then what if any coverage do they have under the League's officers and directors insurance, or any other relevant insurance?
2 - when a Vice Director is acting as a Director, such as when the Director is absent, are any steps required in order for them to become covered under the officers and directors insurance? Is coverage automatic?
3 - does that insurance continue to cover the Vice Director for events that occurred while acting as Director, when the Vice Director ceases to act as a Director (ie., the Director reappears)?
4 - Does the League indemnify Vice Directors for losses that would have been covered had they been Directors.
In other words, how does the peculiar status of Vice Directors interact with the League's insurance?
Mike
On 01/13/15, Kay Craigie<n3kn@verizon.net> wrote:
Attached are motions that will be introduced on behalf of the EC.
For motions 1-4, the rationale is taken from the cover message Chris sent to the ODV earlier.
73 - Kay N3KN
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