Common use of Director and Officer Liability Insurance Clause in Contracts

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 415 contracts

Samples: Letter Agreement (JATT Acquisition Corp), Letter Agreement (Corner Growth Acquisition Corp. 2), Letter Agreement (Acies Acquisition Corp.)

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Director and Officer Liability Insurance. The Company will shall maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 22 contracts

Samples: Letter Agreement (SOAR Technology Acquisition Corp.), Letter Agreement (Aperture Acquisition Corp), Letter Agreement (Waverley Capital Acquisition Corp. 1)

Director and Officer Liability Insurance. The To the extent the Company will maintain maintains an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 18 contracts

Samples: Independent Director Agreement (Harbor Custom Development, Inc.), Independent Director Agreement (Rex Energy Corp), Independent Director Agreement (Rex Energy Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and directors and officers of the Insiders Company shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 15 contracts

Samples: Letter Agreement (Avista Public Acquisition Corp. II), Letter Agreement (Jack Creek Investment Corp.), Letter Agreement (Jack Creek Investment Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 12 contracts

Samples: Independent Director Agreement (GEF Acquisition Corp), Independent Director Agreement (GEF Acquisition Corp), Independent Director Agreement (GEF Acquisition Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and each Insider who is or is nominated to be a director or officer of the Insiders Company shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available pursuant to such policy or policies for any of the Company’s directors or officers.

Appears in 11 contracts

Samples: Letter Agreement (Colombier Acquisition Corp. Ii), Letter Agreement (Alchemy Investments Acquisition Corp 1), Letter Agreement (Alchemy Investments Acquisition Corp 1)

Director and Officer Liability Insurance. The Company will use commercially reasonable efforts to maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 10 contracts

Samples: Letter Agreement (Pioneer Merger Corp.), Letter Agreement (ONS Acquisition Corp.), Letter Agreement (ONS Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 10 contracts

Samples: Letter Agreement (Global Synergy Acquisition Corp.), Letter Agreement (Rose Hill Acquisition Corp), Letter Agreement (Global Synergy Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Founders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 9 contracts

Samples: Letter Agreement (GTY Technology Holdings Inc.), Letter Agreement (GTY Technology Holdings Inc.), Letter Agreement (GEF Acquisition Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders each Insider that is a director or officer shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 9 contracts

Samples: Insider Letter Agreement (Clean Earth Acquisitions Corp.), Insider Letter Agreement (Israel Acquisitions Corp), Insider Letter Agreement (Clean Earth Acquisitions Sponsor LLC)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders each Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 7 contracts

Samples: Letter Agreement (Tishman Speyer Innovation Corp. II), Letter Agreement (Tishman Speyer Innovation Corp. II), Letter Agreement (Acamar Partners Acquisition Corp. II)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders each Insider shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 7 contracts

Samples: Letter Agreement (Lazard Growth Acquisition Corp. I), Letter Agreement (Lazard Growth Acquisition Corp. I), Letter Agreement (Lazard Growth Acquisition Corp. I)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Insider shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 5 contracts

Samples: Letter Agreement (Emerging Markets Horizon Corp.), Letter Agreement (Horizon Acquisition Corp II), Letter Agreement (Horizon Acquisition Corp II)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and each Insider that is a member of the Insiders Company’s Board and/or management team shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 4 contracts

Samples: Letter Agreement (Lazard Healthcare Acquisition Corp. I), Letter Agreement (Semper Paratus Acquisition Corp), Letter Agreement (Lazard Fintech Acquisition Corp. I)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ officer’s liability insurance, and the Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officersofficer.

Appears in 3 contracts

Samples: Letter Agreement (Prenetics Global LTD), Letter Agreement (Artisan Acquisition Corp.), Letter Agreement (Artisan Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders undersigned shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 3 contracts

Samples: Letter Agreement (Platinum Eagle Acquisition Corp.), Letter Agreement (Platinum Eagle Acquisition Corp.), Letter Agreement (Platinum Eagle Acquisition Corp.)

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Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Members shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 3 contracts

Samples: Letter Agreement (Platinum Eagle Acquisition Corp.), Letter Agreement (Platinum Eagle Acquisition Corp.), Letter Agreement (Platinum Eagle Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders each Director and Officer shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 2 contracts

Samples: Letter Agreement (Prospect Energy Holdings Corp.), Letter Agreement (Prospect Energy Holdings Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Non-Sponsor Parties shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 2 contracts

Samples: Letter Agreement (One Madison Corp), Letter Agreement (One Madison Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Company’s directors and officers shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 2 contracts

Samples: Letter Agreement (ESGEN Acquisition Corp), Letter Agreement (ESGEN Acquisition Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and each director and officer of the Insiders Company shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 2 contracts

Samples: Letter Agreement (Games & Esports Experience Acquisition Corp.), Letter Agreement (Games & Esports Experience Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the New Insiders shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 1 contract

Samples: Letter Agreement (Portage Fintech Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders (other than Nomura) shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 1 contract

Samples: Letter Agreement (Genesis Growth Tech Acquisition Corp.)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Undersigned shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 1 contract

Samples: Letter Agreement (Cartica Acquisition Corp)

Director and Officer Liability Insurance. The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance, and the Insiders Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of the coverage available for any of the Company’s directors or officers.

Appears in 1 contract

Samples: Letter Agreement (CF Corp)

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