Director and Officer Liability Insurance. The Company shall maintain a customary director and officer liability insurance policy to insure the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Services.
Appears in 8 contracts
Samples: Form of Director Agreement (Qiniu Ltd.), Form of Director Agreement (Fangdd Network Group Ltd.), Director Agreement (TOYO Co., LTD)
Director and Officer Liability Insurance. The Company shall (or one of its Subsidiaries) will maintain a customary director and officer liability insurance policy to insure coverage in amounts customary in the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Servicesindustry.
Appears in 2 contracts
Samples: Securityholders Agreement (Diamond Resorts Corp), Securityholders Agreement (Diamond Resorts Parent, LLC)
Director and Officer Liability Insurance. The Company shall maintain a customary director and officer liability insurance policy to insure the Director against any losses incurred in lawsuits or other legal proceedings brought against the Director in connection with the Director Services. Such director and officer liability insurance policy shall provide such coverage as the Company, in its sole discretion, deems sufficient.
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