Examples of Directors and Officers in a sentence
Directors and Officers Policy must be equal to or greater than $5,000,000.
Directors and Officers Insurance with a minimum of not less than $1,000,000 per claim shall be in place for protection from claims arising out of negligent acts, errors or omissions for directors and officers while acting in their capacities as such.
The Director will be an Insured Person under the Directors and Officers liability insurance taken out by the Company.
A copy of the Directors and Officers liability insurance policy (or a summary thereof) will be made available upon the Director's request.
Subject to its terms and conditions, the Directors and Officers liability insurance policy protects the Director's personal assets against liabilities and reimburse defense costs that arise based on the Director's acts or omissions in his capacity as member of the Board of Management and Executive Committee.