Item 1.01 Entry into a Material Definitive Agreement.
On December 21, 2020, Mattel, Inc. (the "Company") entered into an
indemnification agreement (collectively, the "Indemnification Agreements") with
each of the current directors and certain senior officers of the Company
(collectively, the "Indemnitees") to clarify and supplement existing
indemnification protections provided under the Company's Bylaws and Delaware
law. The Indemnification Agreements require the Company to indemnify, and to
advance expenses on behalf of, the Indemnitees to the fullest extent permitted
by applicable law against expenses, judgments, fines and other amounts actually
and reasonably incurred in connection with any action or proceeding arising out
of their service as a director or officer, subject to certain exceptions. The
Company anticipates that it will enter into substantially similar
Indemnification Agreements with new directors and certain senior officers in the
future.
The foregoing summary of the Indemnification Agreements is qualified in its
entirety by reference to the actual text of the Indemnification Agreements, a
form of which is filed herewith as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit
No. Exhibit Description
10.1 Form of Indemnification Agreement.
104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
MATTEL, INC. 
