Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company to the extent applicable, on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 6 contracts
Samples: Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 5 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his her acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him her than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 4 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and during the Severance PeriodPeriod (as hereinafter defined), the Executive shall be entitled to director directors and officer officers insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 3 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company to the extent applicable, on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the PartnershipPartnership and the amount of coverage provided shall be determined by the Company and/or the Board, in its or their sole discretion.
Appears in 3 contracts
Samples: Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust), Employment Agreement (GMH Communities Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnershipdirectors.
Appears in 3 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance PeriodPeriod (as defined herein), the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company to the extent applicable, on a basis no less favorable to him than the coverage provided to any other then current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnershipdirectors.
Appears in 3 contracts
Samples: Employment Agreement (Medical Properties Trust Inc), Employment Agreement (Medical Properties Trust Inc), Employment Agreement (Medical Properties Trust Inc)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 2 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnership.
Appears in 2 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his her acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him her than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnershipdirectors.
Appears in 2 contracts
Samples: Employment Agreement (American Financial Realty Trust), Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director directors and officer officers insurance coverage for his acts and omissions while an officer and director of the Company to the extent applicable, on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnershipdirectors.
Appears in 1 contract
Samples: Employment Agreement (American Financial Realty Trust)
Directors and Officers Insurance. During the Term and the Severance Period, the Executive shall be entitled to director and officer insurance coverage for his acts and omissions while an officer and director of the Company to and the extent applicable, REIT on a basis no less favorable to him than the coverage provided to any other current officers and trustees. The provision of such insurance coverage will be at the sole cost of the Company or the Partnershipdirectors.
Appears in 1 contract
Samples: Employment Agreement (American Financial Realty Trust)