390 ◾ The Guide to Entrepreneurship: How to Create Wealth for Your Company
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnication is against public policy as
expressed in the Act and is, therefore, unenforceable. In the event that a
claim for indemnication against such liabilities (other than the payment by
the registrant of expenses incurred or paid by a director, ofcer or control-
ling person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, ofcer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controllin