Common use of Directors’ and Officers’ Insurance and Indemnification Clause in Contracts

Directors’ and Officers’ Insurance and Indemnification. The Company shall also carry reasonable and customary D&O liability insurance coverage for the benefit of its officers and directors, including Executive, during the term of this Agreement and for a customary tail period following the termination of Executive’s employment or service as a member of the Board. Executive shall be entitled to be indemnified by the Company to the fullest extent permitted by the applicable state law and consistent with Company’s Second Amended and Restated Certificate of Incorporation, as amended.

Appears in 7 contracts

Samples: Release Agreement (Harvard Bioscience Inc), Release Agreement (Harvard Bioscience Inc), Release Agreement (Harvard Bioscience Inc)

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Directors’ and Officers’ Insurance and Indemnification. The Company shall also carry reasonable and customary D&O liability insurance coverage for the benefit of its officers and directors, including Executive, during the entire term of this Agreement and for a customary tail period following the termination of Executive’s employment or service as a member of the Board. Executive shall be entitled to be indemnified by the Company to the fullest extent permitted by the applicable state law and consistent with Company’s Second Amended and Restated Certificate of Incorporation, and Amended and Restated By-laws, each as amended.

Appears in 3 contracts

Samples: Employment Agreement (Biostage, Inc.), Employment Agreement (Biostage, Inc.), Employment Agreement (Biostage, Inc.)

Directors’ and Officers’ Insurance and Indemnification. The Company shall also carry reasonable and customary D&O liability insurance coverage for the benefit of its officers and directors, including Executive, during the term of this Agreement and for a customary tail period following the termination of Executive’s employment or service as a member of the Boardemployment. Executive shall be entitled to be indemnified by the Company to the fullest extent permitted by the applicable state law and consistent with Company’s Second Amended and Restated Certificate of Incorporation, as amended.

Appears in 1 contract

Samples: Employment Agreement (Harvard Apparatus Regenerative Technology, Inc.)

Directors’ and Officers’ Insurance and Indemnification. The Company shall also carry reasonable and customary D&O liability insurance coverage for the benefit of its officers and directors, including Executive, during the term of this Agreement and for a customary tail period following the termination of Executive’s employment or service as a member of the Board. Executive shall be entitled to be indemnified by the Company to the fullest extent permitted by the applicable state law and consistent with Company’s Second Amended and Restated Certificate of Incorporation, as amended.

Appears in 1 contract

Samples: Release Agreement (Harvard Bioscience Inc)

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Directors’ and Officers’ Insurance and Indemnification. The Company shall also carry reasonable and customary D&O liability insurance coverage for the benefit of its officers and directors, including ExecutiveEmployee, during the term of this Agreement and for a customary tail period following the termination of ExecutiveEmployee’s employment or service as a member of the Boardemployment. Executive Employee shall be entitled to be indemnified by the Company to the fullest extent permitted by the applicable state law and consistent with Company’s Second Amended and Restated Certificate of Incorporation, as amended.

Appears in 1 contract

Samples: Employment Agreement (Harvard Apparatus Regenerative Technology, Inc.)

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