Common use of Directors and Officers Insurance Clause in Contracts

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c), shall maintain directors' and officers' insurance in full force and effect.

Appears in 13 contracts

Samples: Indemnification Agreement (Nanogen Inc), Indemnification Agreement (Clean Energy Fuels Corp.), Indemnification Agreement (Mevc Draper Fisher Jurvetson Fund I Inc)

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Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c), shall maintain directors' and officers' insurance in full force and effect.

Appears in 8 contracts

Samples: Indemnification Agreement (Axesstel Inc), Indemnification Agreement (Nanogen Inc), Indemnification Agreement (Nanogen Inc)

Directors and Officers Insurance. (a) 3.1 The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c)3.3, shall maintain directors' and officers' insurance in full force and effect.

Appears in 4 contracts

Samples: Indemnification Agreement (RealD Inc.), Indemnification Agreement (RealD Inc.), Indemnification Agreement (Legalzoom Com Inc)

Directors and Officers Insurance. (a) 3.1 The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c)3.3, shall maintain directors' and officers' insurance in full force and effect.

Appears in 3 contracts

Samples: Indemnification Agreement (Bridgepoint Education Inc), Indemnification Agreement (Bridgepoint Education Inc), Indemnification Agreement (Bridgepoint Education Inc)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c), Company shall maintain in full force and effect directors' and officers' insurance in full force reasonable amounts from established and effectreputable insurers.

Appears in 2 contracts

Samples: Indemnification Agreement (Dollar Financial Corp), Indemnification Agreement (Dollar Financial Corp)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c2(b), shall maintain directors' and officers' insurance in full force and effect.

Appears in 1 contract

Samples: Indemnification Agreement (Headwaters Inc)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible ProceedingClaim, the Company, subject to Section 2.1(c), Company shall maintain directors' and officers' insurance in full force and effecteffect directors’ and officers’ liability insurance in reasonable amounts from established and reputable insurers.

Appears in 1 contract

Samples: Indemnification Agreement (TherOx, Inc.)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c2(c), shall maintain directors' and officers' insurance in full force and effect.

Appears in 1 contract

Samples: Indemnification Agreement (Heska Corp)

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Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c3(c), shall maintain directors' and officers' insurance in full force and effect.

Appears in 1 contract

Samples: Indemnification Agreement (Big 5 Sporting Goods Corp)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible ProceedingClaim, the Company, subject Company shall continue to Section 2.1(c), shall maintain consider obtaining directors' and officers' insurance in full force and effect’ insurance.

Appears in 1 contract

Samples: Trans1 Inc. Indemnification Agreement (Trans1 Inc)

Directors and Officers Insurance. (a) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as until Indemnitee shall be is permanently no longer subject to any possible ProceedingProceeding or subject to any possible Expense or Liability, the Company, subject to Section 2.1(c), shall maintain customary and adequate directors' and officers' insurance in full force and effect.

Appears in 1 contract

Samples: Indemnification Agreement (Beckman Coulter Inc)

Directors and Officers Insurance. (ai) The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 2.1(c), shall maintain directors' and officers' insurance in full force and effect.

Appears in 1 contract

Samples: Indemnification Agreement (Big 5 Sporting Goods Corp)

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