1. Chris Sloan: What to Expect From Directors — And What Directors Expect From You

    Chris Sloan: What to Expect From Directors — And What Directors Expect From You

    GUEST MENTOR Chris Sloan, attorney at Baker Donelson Bearman, Caldwell & Berkowitz:  An independent director has the same voting rights and fiduciary duties as any other board member.  Most independent directors will expect the company to provide directors and officers liability insurance in addition to more equity than an adviser (typically 1% per year or so for startups). ...

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