Common use of Directors and Officers Liability Insurance Clause in Contracts

Directors and Officers Liability Insurance. The Company shall indemnify the Executive to the fullest extent permitted under its by-laws. During the Term, the Company shall acquire and pay for directors’ and officers’ liability insurance coverage for its senior executive officers, and the Executive shall be named as a covered officer under such policy during the Term.

Appears in 30 contracts

Samples: Employment Agreement (Celldex Therapeutics, Inc.), Employment Agreement (Celldex Therapeutics, Inc.), Employment Agreement (Celldex Therapeutics, Inc.)

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Directors and Officers Liability Insurance. The Company shall indemnify during the continuance of the Term provide to the Executive to the fullest extent permitted insurance cover under its by-laws. During the Term, the Company shall acquire and pay for directors’ and officers’ liability insurance coverage for policy subscribed to by the Company, on such terms and conditions as the Board may prescribe and subject further to the terms of the policy issued by its senior executive officers, and the Executive underwriter. The Company shall be named as a covered officer under punctually pay all premiums payable on such policy during the Termpolicy.

Appears in 7 contracts

Samples: Service Agreement (Pantheon Arizona Corp.), Service Agreement (China Cord Blood Corp), Service Agreement (Pantheon Arizona Corp.)

Directors and Officers Liability Insurance. The Company shall indemnify As an officer of the Company, the Executive shall be entitled to indemnification and other related protections, to the fullest extent permitted allowed under its by-lawsthe law and the Company’s Certificate of Incorporation, as may be amended from time to time. During the Term, Executive will also be covered under a directors and officers liability insurance policy paid for by the Company shall acquire and pay for directors’ and officers’ to the extent that the Company maintains such a liability insurance coverage for its senior executive officers, and policy now or in the Executive shall be named as a covered officer under such policy during the Termfuture.

Appears in 2 contracts

Samples: Employment Agreement (Frequency Therapeutics, Inc.), Employment Agreement (Frequency Therapeutics, Inc.)

Directors and Officers Liability Insurance. The Company shall indemnify the Executive to the fullest extent permitted under its by-laws. During the Term, the Company shall acquire and pay for directors’ and officers’ liability insurance coverage for its senior executive officers, officers and the Executive shall be named as a covered officer under such policy during the Term.

Appears in 2 contracts

Samples: Employment Agreement (Celldex Therapeutics, Inc.), Employment Agreement (Celldex Therapeutics, Inc.)

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Directors and Officers Liability Insurance. The Company shall indemnify provide the Executive to the fullest extent permitted under its by-laws. During the Term, the Company shall acquire and pay for with directors’ and officers’ liability insurance coverage for its senior executive officers, and to the extent permitted by law to indemnify the Executive shall be named as a covered officer under such policy during in proceedings brought by third parties for losses, damages and other costs arising out of the TermExecutive’s acts and/or omissions committed in the performance of his duties.

Appears in 1 contract

Samples: Executive Service Agreement (Arm Holdings PLC)

Directors and Officers Liability Insurance. The Company shall Corporation hereby agrees to indemnify the Executive to in accordance with the fullest extent permitted under provisions of its by-laws, as such provisions may be expanded from time to time. During The Executive will be covered by the Term, the Company shall acquire Corporation’s directors and pay for directors’ and officers’ officers liability insurance coverage for its senior executive officers, and the Executive shall be named as a covered officer under such policy during the Terminsurance.

Appears in 1 contract

Samples: Memorandum of Agreement (IntelGenx Technologies Corp.)

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