Teradata (NYSE: TDC) expands indemnity and insurance for leaders
Rhea-AI Filing Summary
Teradata Corporation entered into a new Indemnification Agreement with each of its directors and executive officers, effective upon approval by the Board of Directors on August 12, 2026. The agreement provides that Teradata will indemnify each covered individual and advance expenses to the fullest extent permitted under Delaware law.
The agreement also provides for each director and executive officer to be covered under the company’s directors’ and officers’ insurance policies. A form of the Indemnification Agreement is included as Exhibit 10.1, and the report was signed on behalf of Teradata on August 17, 2026 by SVP and Global Head of Law and Corporate Secretary, Irving Gomez.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Board approval date: August 12, 2026
Report signature date: August 17, 2026
Exhibit 10.1: Form of Indemnification Agreement
+1 more
4 metrics
Board approval date
August 12, 2026
Date the Board approved the form of Indemnification Agreement
Report signature date
August 17, 2026
Date the report was signed on behalf of Teradata Corporation
Exhibit 10.1
Form of Indemnification Agreement
Primary exhibit describing the indemnification terms
Exhibit 104
Cover Page Interactive Data
Inline XBRL document embedding cover page data
Key Terms
Indemnification Agreement, advance expenses, directors’ and officers’ insurance policies, Emerging growth company
4 terms
Indemnification Agreement regulatory
"approved a form of Indemnification Agreement and entered into an Indemnification Agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
advance expenses regulatory
"will indemnify each Indemnitee and advance expenses to each Indemnitee"
directors’ and officers’ insurance policies financial
"coverage of each Indemnitee under the Company’s directors’ and officers’ insurance policies"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What material agreement did Teradata (TDC) approve on August 12, 2026?
Teradata’s Board approved a form of Indemnification Agreement on August 12, 2026 for all directors and executive officers, providing indemnification and expense advancement to the fullest extent permitted under Delaware law, along with coverage under the company’s directors’ and officers’ insurance policies.
Who is covered by Teradata’s new Indemnification Agreement disclosed by TDC?
The Indemnification Agreement covers each director and executive officer of Teradata, referred to as an “Indemnitee.” Each Indemnitee receives indemnification, expense advancement, and coverage under Teradata’s directors’ and officers’ insurance policies, as permitted by Delaware law.
What protections does Teradata’s Indemnification Agreement provide to TDC’s directors and officers?
The agreement provides that Teradata will indemnify and advance expenses for each Indemnitee to the fullest extent allowed under Delaware law and ensures that each is covered under the company’s directors’ and officers’ insurance policies, enhancing legal and financial protection in covered proceedings.
Where can investors find the full text of Teradata’s Indemnification Agreement for TDC?
The company states that the description of the Indemnification Agreement is qualified in its entirety by reference to Exhibit 10.1 (Form of Indemnification Agreement), which contains the complete terms and is incorporated by reference in the report.
When was the Teradata (TDC) report regarding the Indemnification Agreement signed and by whom?
The report was signed on August 17, 2026 on behalf of Teradata Corporation by Irving Gomez, who serves as SVP, Global Head of Law and Corporate Secretary, indicating authorized corporate approval of the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
