Contract82 Indemnification Agreement • April 22nd, 2004 • Cpi Corp • Services-personal services • Delaware
EXHIBIT 10.82 INDEMNIFICATION AGREEMENT THIS AGREEMENT, made and entered into this 27th day of February, 2004 by and between CPI Corp., a Delaware corporation (the “Company”) and Virginia V. Weldon (the “Indemnitee”). WHEREAS, it is essential to the Company to retain and attract as directors and officers the most capable persons available; WHEREAS, Indemnitee is a director of the Company; WHEREAS, both the Company and Indemnitee recognize the increased risk of litigation and other claims being asserted against directors and officers of public companies in today’s environment; WHEREAS, in recognition of Indemnitee’s need for substantial protection against personal liability and to enhance Indemnitee’s continued service to the Company in an effective manner and in part to provide Indemnitee with specific contractual assurance that the indemnification protection will be available to Indemnitee (regardless of, among other things, any changes in the composition of the Company’s Board of D
