Details of the Twitter Lawsuit: Letters Between Both Sides' Lawyers

PARAG AGRAWAL VIJAYA GADDE, and NED SEGAL v. twitter Court Filing, retrieved on April 10, 2023 is part of . You can jump to any part in this filing . This is part 36 of 38. HackerNoon’s Legal PDF Series here EXHIBIT M - Via E - Mail - March 23, 2023 Via E - Mail and FedEx Morgan, Lewis & Bockius LLP One State Street Hartford, CT 06103 Attn: Michael D. Blanchard michale.blanchard@morganlewis.com Request for Indemnification and Advancement Dear Mr. Blanchard: I write on behalf of Vijaya Gadde, Ned Segal, Parag Agrawal, and Kayvon Beykpour, former officers of Twitter, Inc. (the "Company"). I received your letter on behalf of the Company dated March 17, 2023, wherein you acknowledge my prior correspondence to the Company concerning my client's rights to indemnification and advancement. Your letter states that you are reviewing my letters dated January 13, 2023, March 3, 2023, and March 16, 2023. In aid of that review, attached hereto are subsequent invoices related to the Proceedings described previously. Due to their continued involvement in these Proceedings, certain of my clients have incurred the following additional Expenses since the time of my last letter: Ms. Gadde has incurred an additional $881.92 in Expenses related to the D'Ambly Lawsuit. D'Ambly Lawsuit: : Mr. Segal, Mr. Agrawal, Ms. Gadde, and Mr. Beykpour have incurred an additional $ 23,379.50 in Expenses related to the Securities Class Action. Securities Class Action Ms. Gadde has incurred an additional $578,942.81 in connection with her testimony before the House Committee on Oversight and Reform of the 118th Congress. Inquiries: As I stated previously, there can be no legitimate dispute that my clients are involved in these Proceedings by reason of the fact that each was an officer of the Company, and therefore that the Company is obligated to advance the Expenses we have submitted. I trust that you also are aware that, pursuant to Section 5 of each of my clients' respective Director & Officer Indemnification Agreement, the Company is required to advance all Expenses "within thirty (30) days after the receipt by the Company of a statement. . . requesting such advance or advances." We look forward to your client's timely compliance with its obligations. While you have indicated that you will respond to my letters "in due course," I respectfully request a call at your earliest convenience to discuss the Company's obligations, and particularly to hear whether there is any basis on which the Company anticipates denying advancement to, or indemnification of, my clients. Please let me know your availability this week or early next week. Very truly yours, David L. Anderson Encl. cc: James Heyworth, Sidley Austin LLP Sheila A.G. Armbrust, Sidley Austin LLP Amy M. Dudash, Morgan, Lewis & Bockius LLP Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 2023-0409 retrieved on October 4, 2023, from is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. int.nyt.com