Directors and Auditors Indemnification
The company has paid premiums to insure each of the directors and
officers against liabilities for costs and expenses incurred by them in
defending any legal proceedings arising out of their conduct while
acting in the capacity of director of the company, other than conduct
involving a wilful breach of duty in relation to the company. The
amount of the premium was $20,071 with a limit of indemnity of
$2,000,000 in aggregate.
The company has not, during or since the end of the financial year,
given an indemnity or entered into an agreement to indemnify, or paid
insurance premiums in respect of the auditor of the company or a
related body corporate.
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