For purposes of this Registration Statement, any document or any
statement contained in a document incorporated or deemed to be
incorporated herein by reference shall be deemed to be modified or
superseded to the extent that a subsequently filed document or a
statement contained herein or in any other subsequently filed
document which also is or is deemed to be incorporated herein by
reference modifies or supersedes such document or such statement in
such document. Any statement so modified or superseded shall not be
deemed, except as so modified or superseded, to constitute a part
of this Registration Statement.
Item 4. |
Description of Securities.
|
Not applicable.
Item 5. |
Interests of Named Experts and Counsel.
|
The legality of the issuance of the Common Stock being registered
hereby has been passed upon for the Registrant by Matthew Orlando,
Worldwide Vice President, Corporate Governance, Corporate Secretary
of the Registrant. Mr. Orlando is paid a salary by the
Registrant, is a participant in various employee benefit plans
offered to employees of the Registrant generally, and owns and has
options to purchase shares of Common Stock of the Registrant.
Item 6. |
Indemnification of Directors and Officers.
|
The New Jersey Business Corporation Act (the “NJBCA”) provides that
a New Jersey corporation has the power to indemnify a director or
officer against his or her expenses and liabilities in connection
with any proceeding involving the director or officer by reason of
his or her being or having been a director or officer, other than a
proceeding by or in the right of the corporation, if such a
director or officer acted in good faith and in a manner he or she
reasonably believed to be in or not opposed to the best interests
of the corporation; and with respect to any criminal proceeding,
such director or officer had no reasonable cause to believe his or
her conduct was unlawful.
The indemnification and advancement of expenses shall not exclude
any other rights, including the right to be indemnified against
liabilities and expenses incurred in proceedings by or in the right
of the corporation, to which a director or officer may be entitled
under a certificate of incorporation, by-law, agreement, vote of
shareholders, or otherwise; provided, that no indemnification shall
be made to or on behalf of a director or officer if a judgment or
other final adjudication adverse to the director or officer
establishes that his or her acts or omissions (a) were in
breach of his or her duty of loyalty to the corporation or its
shareholders, (b) were not in good faith or involved a knowing
violation of law or (c) resulted in receipt by the director or
officer of an improper personal benefit.
The Registrant’s amended and restated certificate of incorporation
provides that, to the full extent that the laws of the State of New
Jersey, as they exist on the date hereof or as they may hereafter
be amended, permit the limitation or elimination of the liability
of directors or officers, no director or officer of the Registrant
shall be personally liable to the Registrant or its stockholders
for damages for breach of any duty owed to the Registrant or its
stockholders.
The Registrant’s by-laws
provide that to the full extent permitted by the laws of the State
of New Jersey, as they exist on the date hereof or as they may
hereafter be amended, the Registrant shall indemnify any person (an
“Indemnitee”) who was or is involved in any manner (including,
without limitation, as a party or witness) in any threatened,
pending or completed investigation, claim, action, suit or
proceeding, whether civil, criminal, administrative, arbitrative,
legislative or investigative (including, without limitation, any
action, suit or proceeding by or in the right of the Registrant to
procure a judgment in its favor) (a “Proceeding”), or who is
threatened with being so involved, by reason of the fact that he or
she is or was a director or officer of the Registrant or, while
serving as a director or officer of the Registrant, is or was at
the request of the Registrant also serving as a director, officer,
employee or agent of another corporation, partnership, joint
venture, trust or other enterprise
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