TRANSLATION) LIABILITY LIMITATION AGREEMENT
Exhibit 4.1
(TRANSLATION)
LIABILITY LIMITATION AGREEMENT
Matsushita Electric Industrial Co., Ltd. (the “Company”) and Xxxxx Xxxxxxx (the “Corporate Auditor”) hereby enter into an agreement as set forth below.
The liability of the Corporate Auditor for damages incurred by the Company in performing his or her duties as an outside corporate auditor under Article 423, Paragraph 1 of the Company Law shall be limited to the aggregate of the amounts specified in each item of Article 425, Paragraph 1 of the Company Law, provided that the Corporate Auditor has performed such duties in good faith and without gross negligence.
IN WITNESS WHEREOF, two (2) originals of this Agreement have been executed, and each of the Company and the Corporate Auditor has affixed its seal hereto and retains one (1) original hereof.
June 28, 2006
| Company: | Xxxxx Xxxxxxxx, Chairman of the Board (seal) | |
| Matsushita Electric Industrial Co., Ltd. (corporate seal) | ||
| 1006, Oaza Kadoma, Kadoma-shi, Osaka | ||
| Corporate Auditor: | Xxxxx Xxxxxxx | |
| 00-00-000, Shoraiso, Nishinomiya-shi, Hyogo (seal) | ||
(TRANSLATION)
LIABILITY LIMITATION AGREEMENT
Matsushita Electric Industrial Co., Ltd. (the “Company”) and Xxxx Xxxx (the “Corporate Auditor”) hereby enter into an agreement as set forth below.
The liability of the Corporate Auditor for damages incurred by the Company in performing his or her duties as an outside corporate auditor under Article 423, Paragraph 1 of the Company Law shall be limited to the aggregate of the amounts specified in each item of Article 425, Paragraph 1 of the Company Law, provided that the Corporate Auditor has performed such duties in good faith and without gross negligence.
IN WITNESS WHEREOF, two (2) originals of this Agreement have been executed, and each of the Company and the Corporate Auditor has affixed its seal hereto and retains one (1) original hereof.
June 28, 2006
| Company: | Xxxxx Xxxxxxxx, Chairman of the Board | |
| Matsushita Electric Industrial Co., Ltd. | ||
| 1006, Oaza Kadoma, Kadoma-shi, Osaka | ||
| Corporate Auditor: | Xxxx Xxxx | |
| 00-00-000, Okamoto 7-chome, Higashinada-ku, Kobe-shi, Hyogo | ||
(TRANSLATION)
LIABILITY LIMITATION AGREEMENT
Matsushita Electric Industrial Co., Ltd. (the “Company”) and Xxxxxxxx Xxxxxxxxx (the “Corporate Auditor”) hereby enter into an agreement as set forth below.
The liability of the Corporate Auditor for damages incurred by the Company in performing his or her duties as an outside corporate auditor under Article 423, Paragraph 1 of the Company Law shall be limited to the aggregate of the amounts specified in each item of Article 425, Paragraph 1 of the Company Law, provided that the Corporate Auditor has performed such duties in good faith and without gross negligence.
IN WITNESS WHEREOF, two (2) originals of this Agreement have been executed, and each of the Company and the Corporate Auditor has affixed its seal hereto and retains one (1) original hereof.
June 28, 2006
| Company: | Xxxxx Xxxxxxxx, Chairman of the Board | |
| Matsushita Electric Industrial Co., Ltd. | ||
| 1006, Oaza Kadoma, Kadoma-shi, Osaka | ||
| Corporate Auditor: | Xxxxxxxx Xxxxxxxxx | |
| 00-00, Xxxxxx 0-xxxxx, Xxxxxx-xx, Xxxxx | ||
