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Actionable news in MSM: MSC INDUSTRIAL DIRECT CO. Inc CLASS A,

Entry into a Material Definitive

On January 25, 2016, the directors and executive officers (each, an

Indemnitee

) of MSC Industrial Direct Co., Inc. (the

Company

) each entered into an Indemnification Agreement with the Company. The indemnification agreements clarify and enhance the rights and obligations of the Company and the Indemnitee with respect to indemnification and advancement of expenses already provided for in the Companys Certificate of Incorporation and Amended and Restated By-Laws. The indemnification agreements provide that the Company will indemnify the Indemnitee to the fullest extent permitted by the laws of the State of New York against all Indemnifiable Losses (as defined) relating to, resulting from or arising out of any threatened, pending...


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