SEC Filing Summary: STAR GAS PARTNERS, L.P.
Business Context and Reporting Period
This Form 8-K Current Report was filed on September 8, 2005, by Star Gas Partners, L.P., a Delaware limited partnership. The report details a material definitive agreement entered into by Star Gas LLC, the general partner of the registrant.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance agreements and does not contain financial performance data.
Material Changes
On September 8, 2005, the Company entered into standard form Director and Officer indemnification agreements with the following executives:
- Joseph Cavanaugh (Chief Executive Officer and Director)
- Richard Ambury (Chief Financial Officer)
- Dan Donovan (President and Chief Operating Officer)
The agreements provide indemnification against expenses, judgments, fines, and penalties incurred in connection with legal actions arising from their relationship with the Company. They also include provisions for the advancement of expenses to the fullest extent permitted by Delaware law.
Outlook, Risks, and Unusual Items
The agreements are effective as of the dates the indemnitees assumed their current positions. They remain in effect until the later of 10 years after the indemnitee ceases to serve as an officer or director, or the final termination of all proceedings for which indemnification is sought. No specific risks, contingencies, or unusual items beyond the standard legal protections described were disclosed in this filing.
Key Facts for Investor Verification
- Verify the specific terms of the indemnification agreement by reviewing Exhibit 99.1 attached to the filing.
- Confirm the effective dates for each executive's agreement relative to their tenure.
- Note that this filing does not impact the Company's financial statements or operational metrics.