Common use of Directors and Officers Insurance Clause in Contracts

Directors and Officers Insurance. The Company shall maintain and keep in force directors and officers liability insurance coverage on all directors and officers in such an amount as the Company deems reasonable and necessary under the circumstances but in no event less than $7.5 million of aggregate coverage.

Appears in 11 contracts

Samples: Employment Agreement (Vari L Co Inc), Employment Agreement (Vari L Co Inc), Employment Agreement (Vari L Co Inc)

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Directors and Officers Insurance. The Company shall maintain and keep in force directors and officers liability insurance coverage on all directors and officers in such an amount as the Company deems reasonable and necessary under the circumstances but in no event less than $7.5 10.0 million of aggregate coverage.

Appears in 8 contracts

Samples: Employment Agreement (Sirenza Microdevices Inc), Executive Employment Agreement (Sirenza Microdevices Inc), Employment Agreement (Sirenza Microdevices Inc)

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